Posted:
#51
Yep the Juice is crazy. I'm holding my drys options for a while. GOnna close my eyes. THe stock will fall a bit but I think she breaks 100.
I am still crying about owning ISRG under 15 bucks
Sept and October Stock Talk
. OH well. 
Posted:
#54
Stock was 8 bucks on the low in 2003.
Amazing..they did a 1 for 2 reverse split in 2003. What a lesson is learned there..a stock CAN come from a reverse split and kick a$$..
ISRG is way overpriced though, a book value of 18 per share selling at 18 times sales and 12 times book..
BIDU ratios are WORSE at 47 times book and 60 times sales.
I tell you fellas..when it falls these companies selling at these numbers are going to look like 2000-2002 all over again.
When it breaks and does with volume I will probably take some long shot out of the money leap puts and try to hit a home run.
Even RIMM is selling at 15 times sales and 20 times book..
Holy crapola...
Amazing..they did a 1 for 2 reverse split in 2003. What a lesson is learned there..a stock CAN come from a reverse split and kick a$$..
ISRG is way overpriced though, a book value of 18 per share selling at 18 times sales and 12 times book..
BIDU ratios are WORSE at 47 times book and 60 times sales.
I tell you fellas..when it falls these companies selling at these numbers are going to look like 2000-2002 all over again.
When it breaks and does with volume I will probably take some long shot out of the money leap puts and try to hit a home run.
Even RIMM is selling at 15 times sales and 20 times book..
Holy crapola...
Posted:
#57
Hitting the sack here..
I think over the next week I am going to created a "burn baby burn" thread where we can list stocks which are out of control, not AAPL out of control, but really out of control and keep tabs on them for when this rally runs out of gas.
No way no how these numbers keep up. This reminds me of the internet and optic stocks when I was a broker, and we know what happened..AMZN went to less than 10, CSCO to 10, YHOO to 5 (split adjust) stocks like CIEN are disasters, MRVC went from 100 to a buck..
These out of control solar stocks, commodity stocks, tech stocks, China stocks, they will ALL be a feast to the market beast when it is time....
I think over the next week I am going to created a "burn baby burn" thread where we can list stocks which are out of control, not AAPL out of control, but really out of control and keep tabs on them for when this rally runs out of gas.
No way no how these numbers keep up. This reminds me of the internet and optic stocks when I was a broker, and we know what happened..AMZN went to less than 10, CSCO to 10, YHOO to 5 (split adjust) stocks like CIEN are disasters, MRVC went from 100 to a buck..
These out of control solar stocks, commodity stocks, tech stocks, China stocks, they will ALL be a feast to the market beast when it is time....
Posted:
#59
Jeff,
I know you bot those options around 8 bucks..I would consider taking your basis off the table and letting the rest gamble a bit. Maybe put a mental stop in somewhere around the 11-12 range on the balance..that gives you still a SWEET profit and lets a nice chunk run.
I am considering a position if she bounces off the 20 day moving average.If you look at a chart, this entire run, in fact going back more than a year, the stock has hugged the 20 day moving average.
Problem is the distance between the 20 and 50 moving average is HUGE..too far. I would at MAX put your stop in if it violates the 20 and heads to the 50.
It is too strong to cut it short on the whole pie..let half run and take the basis off..then watch that balance..or if you are a big gambler let 2/3 run and take 1/3 off...
I know you bot those options around 8 bucks..I would consider taking your basis off the table and letting the rest gamble a bit. Maybe put a mental stop in somewhere around the 11-12 range on the balance..that gives you still a SWEET profit and lets a nice chunk run.
I am considering a position if she bounces off the 20 day moving average.If you look at a chart, this entire run, in fact going back more than a year, the stock has hugged the 20 day moving average.
Problem is the distance between the 20 and 50 moving average is HUGE..too far. I would at MAX put your stop in if it violates the 20 and heads to the 50.
It is too strong to cut it short on the whole pie..let half run and take the basis off..then watch that balance..or if you are a big gambler let 2/3 run and take 1/3 off...
Posted:
#60
Jeff,
Yeah yeah yeah..I have been a bear for a long time..
But 50 times sales?? I dont think so..20 times sales and book?
No way..these suckers are going to make us rich WHEN the market says it is time.
I think 2008 is going to be down and dirty...lame duck presidential years have been brutal over time..and I think this is no different.
Spring 2008 is the time for the bear....
Yeah yeah yeah..I have been a bear for a long time..
But 50 times sales?? I dont think so..20 times sales and book?
No way..these suckers are going to make us rich WHEN the market says it is time.
I think 2008 is going to be down and dirty...lame duck presidential years have been brutal over time..and I think this is no different.
Spring 2008 is the time for the bear....
Posted:
#61
I think it has to be remembered that we may be in a very different environment regarding commodities...surely China and India at some pointwill cool, but the cooling still involves 1/3 of all the people on the planet. The demand side of those countries is enormous, and as BHP et al lately evince, are driving the markets for metals.
Similarly, as bizarre is recalling the days not so long ago when oil was $7 a barrel...that such an essential commodity traded at such a price in the relatively recent past is reverse of the illogical expectations of the dot com stock valuations.
Posted:
#65
Quote Originally Posted by Gunners:
Vermeer... who is the girl in your avatar?
Vermeer... who is the girl in your avatar?
Gunners, I truly do wish I knew!!! LOL..she is a bikini model I saw on a bikini site...looks exactly like the daughter of a co-worked, which rather alarmed him when I showed him that pic, but alas it is not her...but I do like her, whoever she is...
Posted:
#68
Quote Originally Posted by depeche2:
SQNM ran from $5.70 to close $6.15 after I mentioned it. Up 16% today, just short of its 52wh set last year. Keep an eye on this, huge momentum play here as well as value growth. I'm calling 10 bucks by the end of the year.
SQNM ran from $5.70 to close $6.15 after I mentioned it. Up 16% today, just short of its 52wh set last year. Keep an eye on this, huge momentum play here as well as value growth. I'm calling 10 bucks by the end of the year.
SQNM running again today on strong volume after a short breather yesterday.
I held my Drys. I think this baby breaks 100. Another good day for RIO
Hot Forum Topics
