Take your tax deduction, and switch to short.
You'll make some of that money you were cheated out of
by the hypesters, and save yourself another decline
in portfolio value.
There's no way this stock
is going to sustain itself above $170 again, let
alone $140 (IMHO). Just roll with the punches and do
the right thing.
selling observed a couple days ago on amzn/yhoo
were in smaller amounts than buys of previous days -
just taking some profits, but maintaining position.
Ebay going down - no institutional support above 115
or so. Accumulated neon between 13-15. Still holding
check out fatb - relatively big sells
today on thomson. good short.
Auctions up huh? Here's something interesting....
Ebays listings are up a puny
+.2197143944150913722782879391% also the left hand numbers on the ebay home page
do not add up to the right hand total. Hmmmmm....
No doubt, CBOE is loving all of us. But as long
as we are making money we could care a less,
right??? I stay naked (wahoooo!), in and out in the same
day regardless of profit or loss. I never buy less
than 10 contracts and always stay ATM. Over the past 5
years I have traded in this fashion with whatever stock
is hot, I will say I hit 2 out of 5x. Some may say
that is a losing strategy but then they have never
"hit" on options.
Good luck to all, we're all
here for the same reason TO MAKE MONEY!!!!
I believe this stock is the biggest pig I have
ever traded. Up/down constantly, what more could an
option trader ask for. If you aren't trading options on
this pig you are missing out. Sure you may get snuffed
here or there, but in the long run you will make money
either up or down! Don't bother holding the shares, just
trade the options...
How can that be??? There's a boycott going on yet
the number of ebay auctions are up???? go
I'll tell you why. Because sellers know that's where
the money is. I'll give you 3 examples. These are 3
sellers who I debated with on the ebay chat boards this
weekend and here is there status (and you can look them
up on ebay):
1. darcy - Was screaming boycott
this weekend and said he would never post on ebay
again. Was switching to amazon. Well, he has about 70
items on ebay right now. About 25 of them added
yesterday. What a hoot!
2. bommer - Spammed the ebay
chat board with relentless banners of "eGreed". Said
he would never use ebay again. He currently has 3
auctions which is average for him. The go until the end of
3. jup - Insisted on a strike
against ebay. He has actually held up to his word. He is
posting on amazon as username "jup1". He has 5 or so
items up for bid. Not one bid yet.
examples of why ebay rules.