The only way to get 2X leverage is with swaps, not individual stocks. May be a choice in XBI, not BIB. If you are looking at a list of stocks they own they own them through swaps, very few are individual stocks.
I use this ETF as a trade only. I got in yesterday after and split at the open when it was down and closed the position mid day for a $3.50 gain. This ETF is extremely volatile and $3~6 moves from high to low are quite common. Seems somewhat calm today, but that can all change in a heart beat.
Most of the portfolio is Nasdaq Biotechnology Index via swaps in one brokers pot or another's. There are a few individual stocks but they are all major players and still a small portion of the portfolio. ANIK wouldn't even move the needle if they bought the whole company (very small cap).
28 posts | Last Activity: 1 hour 31 minutes ago
Member since: May 19, 2015
IVO, you are so transparent!!!!!!!!!!!!!
Could be a typo, all I did was copy and paste it. Here is where it came from, not from me.
It does however indicate there have been and will continue to be contract re-negotiations as well as competitive bids for future work,
There has been a lot of speculation here about contract price reductions. Here is a take from CVX.
"Chevron management is aggressively pursuing cost-saving initiatives and has already completed over 2,200 supplier engagements, with 700 more in progress. The results are very encouraging, with nearly $900 billion in contract savings already negotiated."
Wonder if this will be in SDRL's outlook for the rest of 2015 and 2016? Some have said the SDRL contracts are firm and "in hand". Well SDRL said that about the dividend also. Yes, yes I know things change and due to the price of oil falling they had to make a change in the div. Well market changes have happened in the drilling world also. Yes, yes I know they have the newest rigs and they command a higher price. But things do change.
I closed my Put position a very long time ago, just passing along info that supports a position I made and was ridiculed for a very long time ago. Is that IVO still changing his sign-on? Who is he now?
Too many good things to list so see the actual report, but everything is wonderful and this looks like it is going to skyrocket tomorrow. Glad I loaded up yesterday!
It has recovered a little in the after market, do you see this as a bottom or is there more to come off? It seems like there may be more to go tomorrow, but Cramers "four horsemen of the apocalypse" seem to be heading into the apocalypse. We'll see if the A/M recovery continues in the AM. Lots of blood in the street today though.
Was looking to buy into this, but everytime I tried to place an order it went lower and I got a warning. You know what they say about a falling knife! Anybody else got a clue where the bottom is for BIB?
I finally bought 1000 shares this morning @ $10 and we'll see what happens with the earnings call. It should be good news and I am not sure putting in a stop loss would do any good on this one, giving the lack of volume so we'll just sit on this small position and see what happens. Can't get hurt too bad.
Does anybody know what happened here? This was in the report noted.
"OEM sales, as anticipated, have ceased as our OEM partner, Bausch & Lomb ("B&L"), has discontinued selling this product."
Any bets on earnings? The earnings growth has been great last quarter and if that trend continues with the new equipment it should be a block buster quarter for IRIX and us.
The bottom was $8.58 on 3/16. SDRL is now up 30% from there and it is 70% off its high. But oil is up today and SDRL is down. I would not call yesterday as the bottom.
For you newbies this is a cut from an old post of mine and I reposted it about a month ago. Search if you want to see the whole thing.
There has been a lot of speculation about the actual cost of producing oil on this board so I looked up the actual costs from the Department of Energy (if you believe the government) this is what they say.
Middle East oil $10 to $36 ..........av $27
Shelf oil $23 to $68 .....................av $41
Heavy oil $32 to $58 ...................av $47
Russian oil $28 to $70 ................av $50
On shore RoW $23 to $72 ..........av $51
Deep water $23 to $72 ...............av $52
Ultra deep water $41 to $70 .......av $56
NAm shale $52 to $72 ................av $65
Oil sands $50 to $80 ...................av $70
Arctic $48 to $88 ........................av $75
Yes,,,, It is being pumped right now. Get out on the pump before it's dumped. Here is a copy of a pro pumpers e-mail.
Reasons Why I See Short-Term Upside Potential In CALI:
* CALI has an extremely tiny float, just 2.39M shares. This increases upside volatility opportunity.
* CALI has quite a few major rally points under its belt. In early April the play rallied from 1.75 to 1.90 for 9% gains. In early January it rallied from 2.40 to 3.00 providing gains of 25%.
* CALI had another big rally in October when it rallied from 45 cents to 79 cents for gains of 75%. This was a really big one.
* CALI is setting up for what looks like another move higher based on recent consolidation. If valuation surpasses 1.85 it could result in a massive new leg up to the 2.10 region for realistic 13% gains, a 47% increase from current valuations. Remember, price has memory.
* CALI is trading on a 54 RSI with past overbought conditions arising at near 70 RSI on the daily chart.
CALI Gets Bullish On New Chinese Free Trade Zone
CALI reports that it anticipates a positive impact over time from the decision by China's State Council to create a Free Trade Zone (FTZ) in Tianjin modelled on the year old pilot FTZ in Shanghai.
The Company said the new Tianjin FTZ encompasses CALI's Tianjin Airport International Automall, as well as the International Automall owned and operated by Tianjin Binhai International Automall (Binhai), CALI's strategic partner in a new retail auto sales business launched in November.
CALI is ripe to provide upside opportunity, but don't forget to protect your position with stop limits!
Last Trade: 1.38 | SEC Filings | Latest News
Too small and sits on his mama's porch with his solar power laptop. Now known as guint, he gave up on IVO (so did we).