The Market Makers were not doing their jobs today for Amazon shares but they'll make up for it on Monday.
Happy weekend to all!
With ten minutes to go!
I'm still expecting around a $437 close today with 28 minutes to go, and it just traded at $447 again a few moments ago.
Options expiring will make much more volatility in the next 25 minutes.
Should easily go to two or three dollars sometime in the next 45 minutes.
But who really knows, huh?
Sentiment: Strong Sell
If you count money as being paper then I guess so.
I think it's actually made out of cotton so I guess I'm really a cotton trader.
I should start telling people that, huh?
Do you own a ton of DGLY too, or not?
& if you sold short do tell us what the price was.
I liked the $440 puts because they had the highest volume of all of todays put options at the moment I bought them.
I hope you make money too but $435 or lower today would be surprising.
If you're right I might hold mine until the last 15 minutes.
Should be a WILD RIDE in the last 15 minutes with over 100,000 options being exercised in both directions. I guess I'll buy them back for 5 cents after selling them for two dollars (just in case).
I just bought todays $440 puts for .18 cents.
Although they expire in less than two hours I'll try to sell them for at least $2.00 in the last half hour.
Should be easy.
Enjoy the weekend!
Just my guess.
Who really knows, huh?
HAPPY WEEKEND TO ALL!
Just watch and see what's about to happen to EBAY commons.
All of the MM's are buying over 100 million EBAY shares in my opinion (because they know it's about to rocket higher).
EBAY ROCKET TO MY TARGET PRICE SOON.
Just you watch.
Sentiment: Strong Buy
2. A few shorts covering and locking in a killing (Yes, they have your money if you bought NBG above Wednesday's high).
3. Ignorant retail investors buying NBG long. They will be in mega-pain to pay very soon.
My posts are my opinions.
Fantastic selling opportunity (in my opinion).
Hello Bill Gross.
Is he long or short NBG.
(I actually know the answer)
We're up because the ECU is propping NBG up so as to not allow a delisting (when it drops below $1.00 again soon). The ECU will fail to be able to prop NBG up for very long (in my opinion).
My opinions do not reflect the opinions of YAHOO!
You said "None of this means that by investing in NBG I know the outcome with any degree of certainty. I could be wrong. But one must always weigh the risk against the reward and I am well aware of the risk involved here, and yet have determined that the odds are in my favor and prepared in advance to accept the loss if I am wrong. However, I fully understand why you are against investing in NBG. Given the level of your knowledge and experience you have not yet advanced to the complex and sophisticated level of understanding these matters"
I liked what you had to say BTW. At least you are a thinking man (or person).
I will not brag about how much I lose or make in my trading profession.
I will enlighten you, again, for free.
In other words, a $100,000.00 consulting fee would normally be charged for what you are about to hear but you get it free (again).
NBG is up today for one reason and for one reason alone.
Here's the one reason why NBG is up today.
We all know this by the way.
It's up because of "delisting concerns".
You see tradelogic2001 there are forces that you may not know about at work here. The big ECU Central Banks do not want NBG to drop below $1.00 (although they all know it will soon happen again but they are attempting to delay the drop by buying as much as they can afford to buy, without damaging their liquidity requirements. Look out below is my opinion. I'm sticking with my story for NBG.
I know you think you know a lot but you know nothing as you ought to know.
Happy investing to you.
I hope you can keep on making 300% per year (or per trade).
I'm the guy who bought more DGLY @ $13.22 (now it's at $12.98).
You're absolutely right about contract news coming, and what it will do to the share price..
The shares will "pop" higher to the mid-20's with any type of contract news.
This is also because DGLY will be written about, and talked about on the business news, during such an event.
BTW; No hedgies here... LMOA!
you'll see that buying a stock that is under $5.00 is about to get VERY-VERY painful, if you are actually long NBG, because every professional trader has been selling this like a dog with fleas.
you know nothing as you ought to know.
you'll soon find out the hard way, as will everyone who has bought these NBG ADR's.
Happy investing and I wish everyone well here.
I know you are having fun here as is everyone else posting in here.
Having fun is what life is all about.
Let's assume, hypothetically, that you are the one who bought 5 million shares today at $1.06 with a stop-loss order at $1.03 in place. A person who is a professional football player or baseball player would do something like this. Or even a Charles Barkley or a Michael Jordan. These guys lose money all day long in their trading accounts because they don't know about the stock market and how or why it's moving around. They don't care that they lose some money. They just have fun trading. So here's what happens with your stop loss order at $1.03:
1. It executes and you experience a $150,000.00 loss (not a bad loss, all things considered... the price of a beautiful nice 2016 Porsche Turbo (special order). The one that has the 3.6 flat six and goes from zero to 100 MPH in around 9 seconds.
2. NBG bounces around and you sell for a 3 cent gain at $1.09 (but you couldn't really sell all 5 million shares at that price as the liquidity would not be there in my opinion). So the point in my post is that buying NBG at $1.06 is really just like playing with fire when you were 12 years old.
HAPPY INVESTING 2U!
As a professional trader I have something to say to you that should really stay in your head for several years.
1.Sell your entire NBG position, as soon as you can, (like right now in after hours if you can).
2. NEVER buy any stock that is trading below $4.75 (this is if you like to make money rather than to lose money).
3. Actually you would be better off sticking with stocks that trade at above $50.00 (like EBAY, for example).
4. NBG is the worst buy you will ever make in your investing career. And point number four is for all who have bought NBG thinking that they would make money. (& remember: don't chase bad money with good money).
I get three (3), thumbs down and I'm the only person in here that has been right for 6 months about NBG shares. Go figure!