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November Stock Talk VII

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Covers Linesmen
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Posted: #51
CC,

You see DRYS current and next year PE ratios?

Sitting at 9 for this year PE and less than 5 next year.

I think the stock is undervalued by 50 bucks..maybe more.

I dont get CRDC..took a major wack yesterday on literally no volume..probably some short trying to force her down..sizes of trades were small too. I am in this one for the long haul and will keep adding as I get the chance.  
 
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Posted: #52
Oh yeah....I saw both reversals.  The broad market "WANTS" to sell, so any sort of news that is remotely bad will send it in to the toilet.
 
The media will also exacerbate the whole process.
 
I'd love to see SPWR move up soon, but it would need deals, deals, deals, and more deals.
 
I think it gets some fuel once primaries start and the lies really start falling from the faces, but until then against an ugly broad market backdrop, it just sckus.
 
I was wrong to buy so early, but I do think I can sell it at a gain in  year's time.
 
 
 
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Posted: #53
Yep, one day, CRDC will pop.  Exactly why the only way to play it is long haul.
 
No way in hell, unless you got inside info, to time this thing or trade it.  Can't be done.....not enough volume.
 
DRYS is sound fundamentally and horrible technically.  Which wins?  I don't know, but am cheering for you, man.  I am long enough crap and not nearly enough cash.....no way can I add any more long terms in this hideous environment until people jump out of windows.
 
I know it sounds bad, but literally, we need to see people jumping out of windows before the broad market stages any sort of sustainable upside move.
 
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Posted: #54

  Am picking up shares of CRDC at anything under $7....

Maybe these guys will have heart attacks before leaping out of their building (that would give CRDC a bump!!!)...

 missed a move under $29 for C but really am not looking back on it.I do think it will recover as KOAJ said but who needs the nausea?

 Speaking of nausea...the political scene...we really need a true thrid party to break up the absolute shitheads that are the duopoly of the Dems and Repubs

 
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Posted: #55
Vermeer,

Third party means auto elect for a repub..it splits the questionable vote and since Repubs are dyed blue they always vote repub even if the guy (like in Bush) is an idiot.

Unless the third party is strong enough to WIN I dont like it anymore..  
 
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Posted: #56
back from a few days in florida,,short covering clearly pushing the market today,,financials all up for no ffffiiinnn reason,makes me laugh,,another ratr cut is coming,the funny thing is they could drop it to zero and it wouldnt make much of a difference,,and i always maintain that it really matter that much which bunch of crooks are in the white house,,the miiddle class people get fucked either way,actually,most people get fucked by the government either way,,time to start hiding all my cash in my mattress,,went to the dog track while in fla.,,classic amount of degenerates there,reminded me of an otb in the city except everyone had white shoes on and black socks pulled up high,and it was basically all retired people from nyc anyway,,made me feel like that will be me in 20 years
 
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Posted: #57
Both parties are utterly corrupt and completely brain dead, as their current leading nominees prove.
I do mean a third party that is capable o.f winning.  These two parties have presided over the enormous and continuing destruction of wealth power and influence, on a scale not ever seen (and no not even Rome was in as dominant position in all areas as we were circa 1945.)

Oh by the way, I see this rally, and any future ones as akin to living through a hurricane.As anyone who has knows, you get bombed, then the eye comes over and all is clear for a few hours...then the bombardment continues.So it is in this particular phase of the market...
 

 
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Posted: #58
hey wall ,where the fuck is my green bar? im counting on your influence on this site to get it back for me
 
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Posted: #59
Yep, this today is one bona fide bear maket short covering trap sucker's fool rally.
 
We get a few more days of this crap, and it'll be time to really get short the SPY for more than the 300 shares opened today at 145.50.
 
Yeah, I ain't covering and losing money on this today.  Fcku that bullsheeet.  I'll add exposure if this nonsense keeps up a few more days.
 
Hate to say it, but the US Stock Market right now..............
 
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Posted: #60
Damn......SPY at 146.50 now.  Holy batfckumeinthea55.
 
Feeling like a stupid clown......for now..........but I won't feel like that when I cover for money later on.
 
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Posted: #61
I dont know fellas..

The way they are running this on the volume might mean we have a few more days of run.

Lets see what they do late into the day, so far they back it off a little and run it right back up.

Boiler, you need to post more bro..get those bars from activity..I guess that doesnt speak well for me since I have so many.

lol


 
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Posted: #62

  I wanted Comcast to benefit by yesterday's "ruling" but it was more of non ruling. Hence no real impact...all they did was delay really ruling on th issue. Tyypical DC crapola.

  BR you shoulda taken a laptop to the tracks and posted while in FLA...white shoes and black kneehigh socks not a good look but very FLA...

 
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Posted: #63
I could be dead wrong here, but my sorry ass 2 cents for the close is that the broad market takes a beating the last hour.
 
I got a gut feeling that someone/something is about to drop a news bomb.....as in bad news for the economy.
 
Tick, tick, tick, tick...................
 
 
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Posted: #64
SP currently up 33 points.....I say it finishes flat to down at today's close.
 
Will try to ride the SPY short train for a few more shares if this goes down.
 
Just got a sick feeling that news is coming....and it's bad.
 
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Posted: #65
wall,i know about the bars ,just fuckin with you,,verm,,i had my laptop with me but was drunk the whole time i was there so posting was not an option,,dog tracks are great,i know how to read a racing forum when i go to the horse track and it is of use to do so,but thses guys who try and handicap the dogs reading the program and shit is funny,bet numbers and hope for the best,,they did have simulcasting so i did bet yonkers and meadowlands and other horse tracks,and they had a poker room,not bad, played a little hold em
 
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Posted: #66
I have the market movers going on my computer and all I see is strong buying.

Names of all sectors hitting highs and we have two more hours left.

Amazing how SPWR underperformed for so many sessions now has all the strength of the group.

The new high list is moving so fast I cannot even see the symbols.

Big volume melt up to say the least.

Boiler, no problem..I probably need to post a little less because I have so many bars..haha

Could easily see up 400/90/40 by the end of the day given this strength.     




 
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Posted: #67
Damn sold some BUD options too early..oh well...a small profit better than none.

BRKB up beyond 4600...would like to see MSFT move off a dime...

MOS up 119% since April.
 
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Posted: #68
Sold both sets of options (DRYS and SPWR) of course both are higher today...good grief.

Anyone else notice that FSLR is at a historic high today? Stock rallied from under 200 (went down to 177 to be exact) and in 12 days has rallied 60 points.


 
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Posted: #69
hey wall... say i had some goog 800 february calls and in january the stock splits.  what happens to my calls?  i don't have them, this is just an example.  thanks
 
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Posted: #70
Gunners,

Depending on the split ratio, the options split as well

For example..

I own (fictitious) 2 calls of the GOOG 800 calls and the stock splits 4 for 1.

After the split date I now own 8 contracts of the GOOG 200 strike call option.

Contracts AND strike split accordingly.     
 
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Posted: #71
Thinking of nibbling on STP. Can' make up my mind, made a few   hundred on the move today in at $75 out at $80. I have solar exposure, this looks to me like the best of the bunch (or at least one I can swallow without wondering if I have lost my mind.)
 Anybody got any thoughtsm that this can and should not be bought at such levels, assuming perhapsa general market pullback?  Just thinking aloud ...got some extra cash thanks to the ACC in the Big Ten challenge.


 
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Posted: #72
I like all of them.

STP
SPWR
FSLR
TSL

etc etc..any of the above names are good. As for momentum, FSLR is at a high while I dont think any of the names are.


 
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Posted: #73
I'm gonna cry.  I was gonna load up on some Drys calls.  BUt I waited 1 day too long.  I was gonna buy on another good dip and missed the boat.   I bought som 95's today.  Hope this rally continues for a couple days. 
 
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Posted: #74
Thanks WSC...guess I might as well....not sure I can handle the valuations of others.

 Here may be the CC Bailout about to be cobbled together...

-- The Bush administration and major financial institutions are close to agreeing on a plan that would temporarily freeze interest rates on certain troubled subprime home loans, according to people familiar with the negotiations.
RELATED ARTICLE
 

An accord could reassure investors and strapped homeowners, both of whom are anxious as interest rates on more than two million adjustable mortgages are scheduled to jump over the next two years. It could also give a boost to the Bush administration, which is facing criticism for inaction amid the recent housing turmoil.

The plan is being negotiated between regulators including the Treasury Department and a coalition of mortgage-related companies including Citigroup Inc., Wells Fargo & Co., Washington Mutual Inc. and Countrywide Financial Corp. People familiar with the talks say the individual members have agreed to follow any agreement reached by the coalition, which is called the Hope Now Alliance.


An accord could reassure investors and strapped homeowners, both of whom are anxious as interest rates on more than two million adjustable mortgages are scheduled to jump over the next two years. It could also give a boost to the Bush administration, which is facing criticism for inaction amid the recent housing turmoil.

The plan is being negotiated between regulators including the Treasury Department and a coalition of mortgage-related companies including Citigroup Inc., Wells Fargo & Co., Washington Mutual Inc. and Countrywide Financial Corp. People familiar with the talks say the individual members have agreed to follow any agreement reached by the coalition, which is called the Hope Now Alliance.


 
 
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Posted: #75
If the above post skewed the thread please adjust..thought I had gotten rid of the related article insert.

This is not a good sign at all, and there will be more of this coming too:


Florida halted withdrawals from a $15 billion
local-government fund Thursday after concerns over losses related to subprime mortgages prompted investors to pull roughly $10 billion out of the fund in recent weeks.
The State Board of Administration met earlier Thursday and voted to immediately freeze withdrawals, spokesman Michael McCauley said.
The decision shows how far this year's subprime-fueled credit crisis has spread. Florida's Local Government Investment Pool, which had more than $27 billion in assets at the end of September, is like a money-market fund that's supposed to invest in ultrasafe assets to provide participants with a secure place to stash spare cash. But even these types of funds have been hit by the widening crunch.
"It's spreading into areas that people didn't expect and this is a good example," Richard Larkin, a municipal bond expert at JB Hanauer & Co., said.
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