All Forums | Investments

Sept and October Stock Talk

...

Participants:

Posts: 122

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 1:21 AM ET #76

Jeff,

Good call..

Wait until it tells you to sell first. Stock too strong to let go.

RIO Dec 30s arent that expensive..not a ton of beta on the stock in the options yet.. I expected more actually.

claycourtlesson

All-Star

Joined: Jan, 2006

Posts: 14917

Posted: Sep. 28, 2007 - 1:24 AM ET #77

Anted up for CRDC this past Monday......just like I said I would.....basis at 8.91. Time will tell.

Still Long:

GTLS (26.00)

FSLR (111.00)

SYY (32.58)

CRDC (8.91)

Still Short (and ALL out of money, but less than last week):

COF

CTX

SPY

Oh yeah, no doubt, the broad market is so over-bought. Even a shit name like CFC is 18ish, when it should be more like 8ish.

Big money manipulators are running the solars. One reason, but 3 words: HUGE SHORT POSITIONS. People shorting solars either have balls, no brains, or a shitload of ammo to wait it out, cause there ain't no money to be made shorting solars right now. You either get long on them or leave them. Doesn't matter what the numbers say in the short term, if "they" (the ones who move the markets with HUGE, FILFTHY, MASSIVE money) want the solars up, the solars are going up. End of story.

Cheers

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 2:11 AM ET #78

claycourt,

I agree BUT..have you seen the reversals lately?

Me thinks there might be trading tops in on some solars. FSLR did a 10 pt plus reverse today, that is some negative action. If I were long, the rope would be short..that was some serious negative action today.

It isnt easy making money off FSLR, the swings are so huge, the MM is taking out stops in all directions...

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 2:11 AM ET #79

Vermeer

Veteran

Joined: Dec, 2006

Posts: 2910

Posted: Sep. 28, 2007 - 8:08 AM ET #80

I am staying away from solar stocks as frankly they just seem altogether inflated ala the dotcom era.Yes it makes sense, yes ithas always made sense, but making sense and reaching inflated expectations are different matters. I will undoubtedly miss out on some vast run up on some particular issue, but as a whole, I just see more rhetoric than reality there.But I hope I am wrong and would love to live off the grid.

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 9:46 AM ET #81

Covered too early..

Not used to getting up at 5AM to watch the market..must mean I am getting old.

Made over 500 bucks but should have just used a buy stop and see if she drops more.

depeche2

Legend

Joined: Feb, 2002

Posts: 67006

Posted: Sep. 28, 2007 - 9:55 AM ET #82

ws -- QLGC seems to be acting pretty well the last few sessions. Looks good?

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 10:06 AM ET #83

Depeche,

Based on a forward PE of 15, the stock looks cheap, but it wont be a runner like RMBS because they are a grounded more mature stock..beta is lower.

If the market doesnt collapse I bet she could run 50% and we might not even know it.

Seems safe to me...

Damn...KONG down to 7.30 now..son of a b!tch

Vermeer

Veteran

Joined: Dec, 2006

Posts: 2910

Posted: Sep. 28, 2007 - 10:08 AM ET #84

HALF of the hogs in the world live in China....this factoid brought to you by the WSJ, apropos of nothing, but one that really caught me off guard.Gotta feel today a slow day, GL on whatever goes down today, as I may just sit outside:nice Indian summer day here on the east coast!!

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 11:34 AM ET #85

claycourt,

Our CRDC getting a little lovin today..

I will be interested to see if they can retest the highs and see where the momentum guys take her.

I really should have gone out there and bot 2-3k shares instead of a smaller lot..

I have a good feeling on the stock and I have a wider tolerance for a stop than on other trades I have made..

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 11:39 AM ET #86

Well that was just someone trying to rattle the cages, stock drops 30 cents in like 2 min..

Lets see if they come back..volume was pretty heavy for a few minutes there.

wizdumb2003

Banned

Joined: Jul, 2003

Posts: 25136

Posted: Sep. 28, 2007 - 11:42 AM ET #87

GL today gentlemen

depeche2

Legend

Joined: Feb, 2002

Posts: 67006

Posted: Sep. 28, 2007 - 12:33 PM ET #88

Stock that was discussed in the past here, CEGE moving pretty nice last couple days...no apparent news and not a piggyback as DNDN is dead dead. Not sure what the cause it but it keeps moving higher.

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 12:50 PM ET #89

Maybe they are nearing some date of importance for the stock..today sure is a nice move..

Gridophiles

Prospect

Joined: Nov, 2006

Posts: 477

Posted: Sep. 28, 2007 - 1:42 PM ET #90

Pretty much nails it here.

https://money.cnn.com/2007/09/28/news/economy/sloan_bernanke.fortune/index.htm?postversion=2007092813

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 1:55 PM ET #91

Hey..

They plagerized me, that isnt nice.

depeche2

Legend

Joined: Feb, 2002

Posts: 67006

Posted: Sep. 28, 2007 - 2:01 PM ET #92

People always claim about the Fed. They complained when they were tightening for years. Now they complain when they cut rates. And if they do nothing then everybody claims that they aren't doing something. I guess maybe their job is to make sure that nobody is happy.

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 2:19 PM ET #93

D2,

FED hands are very very dirty..

I have little compassion for them, especially after stopping reporting M3...

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 2:23 PM ET #94

Anyone watching WFMI?

Sucker up almost 20% while we watch these solar and chinese stocks..

Gridophiles

Prospect

Joined: Nov, 2006

Posts: 477

Posted: Sep. 28, 2007 - 2:36 PM ET #95

Looks like it still has some nice upside momentum.

Gridophiles

Prospect

Joined: Nov, 2006

Posts: 477

Posted: Sep. 28, 2007 - 2:56 PM ET #96

The M3 money supply and inflation. An article I found from 2006 when the Fed discontinued publishing the M3. This should make you just a little uncomfortable:

https://www.inflationdata.com/inflation/Articles/M3_Money_supply.asp

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Sep. 28, 2007 - 3:05 PM ET #97

I think I read that before..but exactly is my response.

The FED can hide their actions by not reporting M3..

Naughty naughty FED...

claycourtlesson

All-Star

Joined: Jan, 2006

Posts: 14917

Posted: Sep. 28, 2007 - 11:10 PM ET #98

WFMI......please shoot me.

Fucking knew it was the deal when it languished less than 40 for 6 months. Of course, I stood there with my dick in my hands. And now it's what???? 59 headed to 60?

FUCK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Yeah, WSC, manipulators are going to run CRDC from time to time, but it is impossible to jump on board that type of short squeeze................EXCACTLY why you and I both bought it early this past week and got on board the train. Damn right it's headed in the right direction........I got in a little less than 9 and and looking to sell half around 15-18ish, then let the rest run.

Yeah, I saw the outside down day in FSLR, but the ticker symbol stayed alive today cause of end of quarter window dressing. Smart money will sell the gap up on Monday.

Cheers