Took some AMZN at $740. Pure earnings play for now. GRPN got stopped out on a stop loss percent limit @4.80. AAPL riding on a 5% stop loss limit. I like these earnings play but I just do not trust the macro market right now. Not at all.
I am sorry Antonio. I would have had to tell you about their competition in the space was gone, they were shutting down poor performing international markets and a bunch of #$%$. I have traded their shares a couple times this year for good money. I do not like presenting cases to invest. I guess I did not need to do that for you. If it is of any value I think it can get to $6 pretty quick. I think it is a take out target but not like tomorrow. They are the only big local discount site really out there. Look at the short position and consider less than $2 million shares traded after hours and average volumes are actually pretty low. I figure 20% chance of a strong short squeeze the rest of the week but what do I know.
AMZN may not be a 10% move tomorrow or anything but it is a $700 stock so it does not take much to make some decent coin. Will continue following it tomorrow for a possible entry point.
Hey, what do you think of Omerus? They are a Seattle company that I got in at $5.30 and then sold after the run. I am revisiting it. Has a pipeline and some stuff coming up. Ever looked at it? I am going to be checking it out again.
Anyways, earnings will wind down and we will have to find something for food on the table. Boring.
This MB is major failing for me.
I hit GRPN for $5k in stock just before the close. Wow. Still putting RLYP money to work!
Antonio, everyone is going to be doing it tomorrow but if I can get AMZN for today's close I am hitting that earnings play. The FANGs are an easy few dollars right now on earnings. GOOG blew out WS. FB same deal. Living in Seattle and understanding PRIME I think analysts are to darn low on AMZN.
What did you settle on? Anything?
Oh I know. I have done the call options before and won as well as lost. At times I look and consider them at other times I do not. Just keep it in the green!
I am going to take at $106 and change today if it can make it. I really cannot tell if they are coming or going these next couple quarters or if it may flatten out on price for a quarter or so. I am not confident the economy is reflected in a lot of these share prices today. ROW is far from good right now. Even if America is trudging along share prices are still pretty darn optimistic. I do not look forward to the close of earnings season. Election year too. I should not be so macro when thinking about stocks but it is hard not to help myself. Election year. Inflation upticks. Yuk.
Good investing Antonio.
I bought 350 of today's common just a hair below closing price with RLYP money. I am thinking a quick $3k made on it before lunch tomorrow. What I cannot decide, and probably will still be thinking about it tomorrow, is to let some ride or not. I was just looking for a quick 10% move and then move on.
Sean if I was an analyst for someone selling Call options to any investor AKA gambler that came along then I would be positive. Same with the media mouthpiece. Same with any Hedgie or tute that is upset. Same with any poster here for that matter who wants to make a little jingle in the ole pocket. I think you will only hear these ideas as well because no one down on RLYP like a short is going to get anywhere bashing the soon to be bought company. Unlike Glenn I absolutely sold all of my shares at $32 and will reinvest soon in something that I am pretty darn sure will make me money, like a blackjack table in Vegas.
Would be great, at least for me, if we stayed in touch and continued owning some stocks "together". Heck I think Racier and I are supposed to cross paths at a Hawks game or something. His analysis opinion is quite thought out and even though extreme at times you understand it clearly and it is always very relevant or "in play"
Remember talking shorts and we got to the point that they could be the Tutes as a majority of shares short? Well, the same tutes and analysts could be putting out the story of more possible bids. They really could do so much with it if it took hold. They could stand to make a lot of money if no bidder arrives.
I looked at the Options too today. I say nah, I will just keep my money close to the chest for a bit. Personally I am a little worried about our economy and this market. Building permits are coming down so starts will come down and there is going to be a problem there. They are down even here in Seattle, it is about time! This is going to cause some significant problems.
I am not going to invest here with this election looming. I see a lot of great places to buy, including pharma, when Trump wins but nothing yet if Hillary wins. They are both nuts so it is pretty tough to bet on this election.
Who do you think does well with Clinton? For profit edu like Phoenix?
Racier more than once has demonstrate very keen insight on this board. I often think the smart money is short and they know how to make money both directions. This tactic is just one to make back a loss, but they only have a little time to take the easy money from the dumb gamblers. When the shareholder vote is announced to take place it will start to be over and quickly.
Antonio! This is epic, put it on your calendar, I think Berens may have finally got a price target correct. ;-)
It has been a lot of fun. You have really got it, keep trading!
It is great and all but it does seem low to me. Guess I was wrong. Wait for response from RLYP OF COURSE. It says they agree to buy RLYP so it sounds like RLYP went to them and not the other way around right?