September Stock Talk III

Gunners,

Look where each stock is on a 52 week range. I think BSC is up because many expected worse and the stock is 60 bucks off the high while GS hasnt gotten clobbered nearly as badly, so it is off a little.

Given expectations and past numbers I am not shocked they didnt. If I recall, last quarter they blew out numbers by somthing like 50 cents..not sure the exact figure but I know it was pretty heavy..

So no, not shocked at the action...  

EFUT up 50% today..

Holy hell I looked earlier and it was up 1.50, now up almost 6 bucks!

This will be after the thread is history but make a note, for RIMM earnings on Oct 4th.

The October 80 puts are selling for 2 bucks or so..this could be a monster trade, one I am looking at closely.

They are way out of the money, but at the numbers this stock is trading at, any sniff of a miss or weakness and she gets hit hard.

The 90s are only 5 and change..maybe if they run her to 100 before earnings I take the closest strike.

Stock could hit 70 and not break the trendline..

Oh and if EFUT runs to 25 I will have to start a short..

wsc,  thanks for the info earlier on nwsa,  we unloaded 25 %, about 2800 shares, a couple cents below the high point this week.

 

Jr,

Nice bump this week, thats putting almost 3k in your pocket off the move, congrats!

GIGM is the first stock I've ever bought on margin so I watch it VERY closely.  I'm excited to see what happens.

Tried to flip some GOOG 560 puts but missed by 10 cents.

I am not going to even think about the FSLR Sept 110s this weekend.

Nice job Jeff.

Make a trailing stop on those calls..big move over the past month on DRYS I would be pissed if it reversed on you.

Crazy week, to say the least.  Got totally blind-sided by the panic short covering on Tuesday afternoon and Wednesday morning following a 50 cut, which to me, was obviously expected.

Anyway, still in these positions:

LONG: GTLS (26.00), FSLR (111.00), and SYY (32.58)

SHORT: SPY, CTX, COF, C (all out of the money).....ugh :(

 

Confessions haven't come, and anytime the big money manipulators want to scare the shorts into making the averages soar, they can and will.

 

Cheers

claycourt,

Funny you mention that stock..

Somthing tells me this stock has the potential to be a big runner in the future..

I am going to take the risk with it next week.

I was thinking today that I always miss those big runners I point out, and I am not going to let this one get away..

Not talking about 20k or anything, but larger than I usually do, with a wise stop to the downside..

Yeah, WSC.  No offense, man, but I've noticed you mention HUGE winners, but then you wait too late, and then it's gone.

Think about it, man.  A ticker symbol like CRDC will get run through the roof in the blink of an eye.  No way to "wait for it," cause when you realize it, the train will be gone and the negativity from the pundits screaming about "price too high" will keep people off it.

I am snagging some of it Monday as well, and if I'm early to the party, then so be it.  And if it goes to zero, then so be it.

I'm drawing the line, now who's fucking with me?

claycourt,

No offense taken..I am first to admit I am watching so many damn things that when awesome entries come I am usually looking at some minute chart on VLO or AAPL and miss it, or have the stop too tight, good examples are RMBS and IMB and JNPR and many others.

I think you are right about CRDC, we could be wrong but I like the odds here especially with the cash on hand, so we know dilution wont be coming and the prospects going forward.

It could end up being a boring hold in the short term but I like the possibilities, it could easily be a billion dollar market cap if things work out or them...

  Well, I just read this and I said to myself what the hey...I got the $$, I've read enough about it to like it as a seriously promising medical innovation, and even if the stock plummets, I see no reason not to risk a few Benjamins on it.

 Screw it.I am in at $9.25 or thereabouts.