China is also isolated itself from Russia recent move
Vladimir Putin appears to have thoroughly dug in his heels over his bid to annex Crimea as a part of Russia. He seems determined to proceed with the referendum scheduled for this Sunday. The outcome of that vote is not in much doubt. The world's major nations are on record with varying degrees of forcefulness as saying that it is a violation of international law and that they will not recognize the results. Today's New York Times has two interesting and I think generally convincing articles that demonstrate how Putin is becoming alienated from two nations that have generally been his allies, Germany and China.
Also Russia market down 17% since the move. If you are play for a "walk away Rusia", position yourself today.
With pressure from the US, EU and now Germany, Russia will walk.
The latest for Russia to pull will be Wednesday. Plan it well.
$150M cash injection is secured it for a long term growth. If it would drop below 6s, you know what to do. Someone will buy out this company.
That was just a rebound. I think it may drop below $6 today.
I agree with everything you say... I made my first serious gain with your JVA call a while back.. Ever since I follow your calls and read your topics.
And I do appreciate the fact that you are sharing your expertise with us here. I just developed my own ways of following you calls though, we have discussed this last year, what I found is you pick winners for sure, the only thing is you initiate a little bit too early, which is fine, cuz I've learnt to follow them and make my buyings few weeks after you initiate them...
You make the calls right but MMs do not make it easy for people like me to benefit from them so they bottom it most of the time to steal more shares for winner stocks prior a rally...
Experienced guys like you double down on those dips but most of the rookies like me just freak out and gave away their shares to MMs...
So it is all good, I've learnt a lot from you and from my own experiences over the past 2 years. And I do appreciate that...
Hopefully we will make a lot more money together going forward.
Let me start saying: It is not easy to make money in this market, but there is always opportunity to do so.
I started small with about 100k initial investment. Within less than 5 years, I now have a lot more than I stared with. FY 2013 was a record gain for me. This is Ok so far. I can't time the market, but my calls are at about 77% winning and 23% losing this year. An improvement from 75 vs 25 the year before.
Although options are fast and excited. It is even harder if not impossible to hit a home run because the guys have a lot of resource. I mean the hedge fund mgr with several $B, they can make things move to advance his positions.
Unlike many other traders, I use different techniques to test the odd of winning using criteria that I included. If the test fails, I won't play. If the test passed, I consider.
Information I provide here are free and only hope someone else making money as well.
Looking back, shorting ARO before earnings evidently was the best thing anybody could have done. And as of tomorrow it'd also create a great buying opportunity.
I wish I had deep pockets like you here... You are absolutely right when you have the time, money and patience. This strategy works out.
- First of all I don't have the time I play mostly options, so there is an expiration date mostly 6 months that I need to care about.
- Secondly I don't have that kind of buying power, I can add on after each sell offs.
Some of the stocks we talk about it here are my biggest losses of all time,
- DRYS (shipper example)
I only made money on JCP from what we mentioned here because I bought it 3 months after your initial initiation. And it is also far from its 13-14/share levels of last fall.
So if I could effort to sit on a stock for a year and keep adding as it falls, you are 100% right. But unfortunately that strategy doesn't work out for me.
JCP beating earnings had also something to do with the stock was beaten down 20/sh to 5/sh where all the other apparel stores were soaring in 2013. So let's say it was either that or going bankrupt.
ANN is tomorrow before market I'll also have my eyes on it... I may play short on GES, NWY or PSUN earnings next week.
Always a pleasure reading your posts man,
It hits 4s as I expected, but didn't hold. MMs had to take it down to collect more. This showed how greedy they are. What is the indicator? Take a look of 1-3 mins trades (after the opening bell vs pre-market trades), you should see it very clearly.
Pre-market traded at 3.7s
Who in the world sold it at 3.3s at 8:30, :31, :32, :33?
That is how they get all stop loss.
It is hard to say that the winter had impacted all Apparel Store stores. For instance JCP, jumped 80% since earning report..
If you play these long term as I do, I would say this level is a great opportunity to collect. As ARO, it has $150M injection, shorting it would be a big mistake you can make.
After my EXPR experience the other day, I came to the realization that do NOT buy before earnings on any Apparel Store this quarter.
We had a brutal winter, people didn't go to malls, they shoveled snow instead. Especially teenager stores, they go to malls via bus etc, if their parents don't drop them. I don't think that was the case this winter.
I bet 8 out 10 earnings will miss big...
If you play only earnings I say go short... And after it creates a good buying opportunity...
ARO earning isn't that great. But it seemed that $150M cash injection from partnering w/ Sycamore Partners. This makes shorts to think twice before hammering it. I think I would collect on the dip if happen.
silver seemed to underformance compared to gold. I bet you that silver will run soon.