Nice little comeback today, would love to see some follow through. So many dissenting opinions on the financial health of LINE. No idea what to believe and not sure what instigated this type of gain considering the doomsday feeling 24 hours ago.
BTW- Let's use this board to try learn something from each other. No need for the mean spirited stuff.
Wishing I wasn't honest. No idea what to do....I can't discern the math correctly to understand what the real risk of near term BK is. Seems like there is no bottom so far.
Thanks Rocketman. Kind of feeling we'll need to get lucky to see anything happen here. Just never seen a stock move down literally every day.
I invested in LINE on earnings day when it was tanking and have averaged down to about 4.40- I won 240,000 shares- not joking. I continue to be in shock at seeing this red everyday. I know there are folks holding much higher and sympathy to them. To the experts out there, is there really a possible this is gone in a couple months? I can't understand the action today. I know about the CFO. Any intelligent thoughts are encouraged. I am feeling silly and humbled at my own poor decision.
Again. This is not a social media site. It's a place for unemployed people to look for jobs and for salespeople to get leads.
Percentage of people under 21yo on Linkedin. Roughly Zero.
Percentage of people that check Linkedin daily- roughly zero.
Percentage of people that pay or buy anything off linkedin- roughly zero.
Percentage of people who check linkedin on mobile- roughly zero
Fools and their money are soon parted. A job search website valued at $22b. Lots more downside than up. This is not a social network. It is a database for salespeople and job seekers that has almost no practical value. Stop looking at charts and starting looking at reality,
funny a memphis based boiler room likes what they see, ceo selling, and $22b compnay that has never made a cent. short, short, short....
Sentiment: Strong Sell
Thanks Chart. The numbers just didn't add up otherwise...NG would need to be in mid $3's to make any money. Not a great risk at this juncture. If it spikes big again, maybe I'll jump in...The true issue was never the price of NG, it was the tremendous backwardization and lack of contango that caused the pain. Just hard luck I guess...
had a ton of July, Oct, and Jan puts. Kept a few, but just didn't see this going too much further. I hope I'm wrong, but the options plays on these are just brutal. The premiums offer no mercy. I took a beating, but it looked much worse 2 weeks ago. Now I have $$ to fight another day in case the scum decides to get real greedy again. I truly wish you all the very best of luck and I mean that.
My feeling is that us bears won't get a win until July...then it's open season. Just too many shorts still and the Hamptons lease payments are due 6/30. Nothing more than a guess...
I have not been disciplined. I debated about taking my DGAZ off this morning, but held. I bought 1000 plus 28 UNG puts today at 2.20. Irrational exuberance isn't just for the bears. I can't understand the magnitude of today's pop. Thanks again for your insights.
Thanks Chart. Tough tough day. I did jump into a fairly large position on 7/19 28 puts at 2.19 each. Any thoughts?