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November Stock Talk V

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Posted: #26
Down like 600% since July.
 
26 to 4.
 
Reminiscent of 2002.
 
Oooy yee vay.
 
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Posted: #27
Etrade definately cleaning the closet. At these prices a buyout probably will happen.

Lesson learned from friday.. I let a NICE gain in my options turn into losses.

Take profits when they are there..


 
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Posted: #28
You can easily short it into the 3s.
 
4.40 right now.....you could sell 2000 shares short right now and make an easy grand in a few weeks.  No.  Shave off 28% so we can continue to fight an unwinabble war, and you can clear 720 rocks.....enough to buy 60 gallons of gas by end of GB's term.
 
 
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Posted: #29
Yeah, WSC, they came totally clean and confessed everything.  There will be no lies left to uncover after today's inquisition.  Got to give them credit, cause C, CFC, MS, GS, MER are all still holding on to lies........just "hoping" someone forgets.  Will they just be "forgotten?"  Uh---no.......all lies will have to be confessed.
 
 
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Posted: #30
What bugs me is that we on this site went on and on about these confessions in early September........yapping up a storm about what would get shorted and what wouldn't.
 
And the severe, powerful threat of a "BAILOUT PACKAGE" kept me too timid to really hammer these financials from the short side.  Well, looked like the right strategy after the FOMC emergency rate cut and then the expected rate cuts, and now I look like a complete fu---ing douchebag dummy, cause confessions are pouring out worse than any chaplain ever heard from "Mary Jane Rotten Crotch" back in the day when she decided to "save herself" and enter a nunnery.
 
But this is how a bear market works, and this is how this bear market will work.......
 
The coming short covering rallies will be so severe, extreme, and vicious, that you will farking swear the bear market is over............WRONG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  We got a long, long, long long time of a "slow grind down," my good people.
 
 
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Posted: #31
Yep, every small a55 hick town has its own "Mary Jane Rotten Crotch" version each generation.  And yep, the version from my old town must've screwed literally hundreds of people....maybe thousands within about a 3 year sex binge......women from there wanted to kill her, and 2 really tried.....then "Mary Jane" escaped to a nunnery.....no joke.
 
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Posted: #32
ETFC is going to burn - F them...i'm owed money by one of their subsidiaries (trading days) so i hope they stay around long enough to pay me. other than that, i dont feel an ounce of sympathy

two months ago, friend of mine thought olb's were cheap...he asked me which would i own ATMD or ETFC? I answered, "Doesnt ETrade do mortgages? Stay away from that."

I hope he listened...
 
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Posted: #33
AMTD is the better broker for sure..even though ET has larger scope.

Man they are killing these solars..gonna lose a ton on this trade.

FSLR down over 40 pts in 2 sessions, SPWR down 50 pts in two sessions.


 
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Posted: #34
WSC-
 
Don't believe the hype.
 
RUMORS
 
The yak is that solar credits are going to be cut from the "new" energy bill.
 
Am watching SPWR "intensely."  As you know am long at 129ish, and have pulled my buys from 117 and 107.
 
This rumor could knock this well below 100 before its legs give out and idiots come to their senses.....until then, got to play this sniper game and be ready to fire.  Believe me, I'm ready.
 
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Posted: #35
CC,

Yep..

I averaged down and then sold.

Big loss..

Took the risk on the shorter term options and I should have sold on Friday when it rallied. HUGE mistake thinking pie in the sky.     
 
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Posted: #36
This is "liar's poker" at its finest.
 
Those throwing in the towel are getting suckered or are worried about margin calls.
 
This is how the manipulators win games of attrition and make the weak hands fold.  Happens every time.
 
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Posted: #37
WSC-
 
You got to get long haul on these after this sell-off.  You know what's going on better than I do, man. 
 
This is liar's poker.
 
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Posted: #38
On another note..

CRDC selling not stopping soon. Some of the sucker buyers on that secondary are probably getting second thoughts.

In the mean time I will keep nibbling.
 
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Posted: #39
You'll know when the sell-off is over based on the volume spike.....it'll be obvious when the big money comes in......just be ready.
 
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Posted: #40
Fuck 'em, man, let the weak hands get out.....then we go higher.
 
Every now and then, you got to shake out the weak hands with fear tactics and rumors.
 
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Posted: #41
In my case the options went from in the money 8 pts to out of the money 4 pts..with a week to go, she had to be sacrificed.


 
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Posted: #42
Add that oil dropping today really effects solar stocks..so the combination was lethal.


 
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Posted: #43
Yeah, trading is out of my league.......trading options---have no idea how you do it.
 
I got lucky a few weeks ago with some "trading."  Am thanking God I knew I was lucky and took the money and bailed my sorry ass out of that wicked arena.
 
I'll use this solar rumor sell-off to get long haul on SPWR, and then just put it away like GTLS, CRDC, and MSFT.
 
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Posted: #44
There is no telling how far SPWR could fall once the media peanut gallery starts touting this rumor.......no one knows.
 
What I do know, though, is the big money will come in eventually, and you'll know it from the tape.
 
When the big money comes in, they'll come in hard......won't be 5,000 share blocks........they laugh at that sheet, mon.
 
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Posted: #45
You could get low 100s, maybe low 90s, maybe even low 80s.....maybe even as low as 60 on just a full blown panic sell-off.
 
Then you could get a 40 point move to the upside in about 40 minutes......it's that extreme.
 
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Posted: #46
CC,

I saw the leak on the wire..so the trading houses know. The little guy might not know because it hasnt hit "yahoo finance" yet but the real players know.

10% drop on 2M shares is nothing but straight dirty selling..
 
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Posted: #47
I hate to do this, cause listening to CNBC makes me ill, but I got to hear when the muppets on that show start touting.
 
Haven't listened to CNBC since Maria Sharapova did that interiew with Angelo Mozillo from CFC about 3 months ago and let that slimy f--k slide.
 
Sickening.
 
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Posted: #48
Yeah, I know the big man knows, but the little guy quaking is usually the final flush to a shake-out.
 
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Posted: #49
You don't want to miss this trade when it hits, WSC.
 
But do me and yourself a favor and just by the god darn common and make it easy on yourself.  Please don't mess with Nov options with expiration in 4 days.  Keep it simple.......
 
 
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Posted: #50
LMAO....
 
Have had CNBC on for less than 4 minutes, and am already annoyed.
 
Hell, there aren't even any hotties doing the yapping.  I used to have a crush on Sue Herrera back in the early 90s.....how old is she now, about 65?  And about 65 lbs heavier???
 
I would like to do some of those reading girls, though.......
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