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SPDR Series Trust - SPDR S&P Retail ETF Message Board

kirkydu 27 posts  |  Last Activity: Jul 1, 2015 1:39 PM Member since: Oct 30, 1998
  • kirkydu kirkydu Jul 1, 2015 1:39 PM Flag

    well, this is just another reason that the SEC should be better funded and staffed. Guys on Wall Street and in the hedge fund world, even Junior brain deads like the kid in San Fran, fight regulation not because it stifles business, but because it would cut back on their cheating and skimming. The San Fran kid is just a noob trying to make a name for himself. Somebody is feeding him garbage most likely and some loot too. He'd be better off going to work for a mentor with ethics for a while. Maybe call Chanos if he believes in his own mind that he's actually good but undiscovered. Take the Bloomberg Aptitude Test, whatever.

    Here's what I know. My industry sucks. 4 out of 5 people in it suck. Either ethically or from a talent standpoint, often both. I made 31% shoving it in their faces and I didn't even have Ackman's bankroll. I will someday and I'm going to target these guys for the next thirty years or until they're gone, whichever comes first, probably the 30 years.

    EXAS is going to over a 100 in the next few years. The smart shorts have figured it out and are trying to escape. I know a short, a real one. He's covered. He knows. The dumb shorts just keep being dumb, they'll be crushed soon. If Cable Car Guy wants to stay in business, he ought to re-position quickly (consider that advice from somebody who's seen it for 25+ years now JMW, I really do wish you good luck, but you're wrong here and probably headed to the dark side).

    Sentiment: Strong Buy

  • if they don't get what they want, they resort to manipulation, lying, misdirection and intimidation.

    In the case of EXAS, the shorts have been getting crushed from about $9 to now. That's a lot of blood. They know there are more catalysts to the upside coming, so, they have found some rubes to try to push the stock around with weird arguments.

    This kid out west is a patsy. He doesn't know his head from a hole in the ground, is trying to make a name for himself and get some patronage. He's probably selling his soul a bit. It happens all the time in finance. Ethics are not an imperative where money is involved.

    Here's what I know, his argument is garbage. His saying that more people would use Cologuard if it were cheaper is bigger garbage. If insurance covers a better test, it gets used. PERIOD. That's how people think. If Cologuard were much cheaper, they'd have a hard time making it available and that would reduce screening.

    Since it is the ACS's, FDA's and CMS's, not to mention ACA's, goal to increase screening, the price of Cologuard is not going to go down. The cost-benefit of reduced advanced cancer care far overwhelms trying to save pennies vs dollars by reducing the reimbursement for Cologuard.

    I've been right about Exact for 7 years now and am up well over a 1000%. I'm right now. As I said in another thread, buy all dips. You will be well rewarded. EXAS is a three figure stock by decade end.

    If you have a few minutes, you can read my weekly view at Fundamental Trends. It is my investment letter for non-clients. I just happened to touch upon one of the ways that traders cheat in their cheating circles. It's a good read. One of the U.K.'s top financial advisors picked up the article and took it viral. Pretty cool.

    In any case, I'm long and strong EXAS and still buying the dips for new clients and myself.

    Kirk Spano
    Bluemound Asset Management

    Sentiment: Strong Buy

  • Reply to

    Buy all pullbacks

    by kirkydu Jun 25, 2015 11:47 AM
    kirkydu kirkydu Jun 25, 2015 3:54 PM Flag

    I get it. I only make 3-6 trades per yr on EXAS and am up over 2000% since 2008 (you've followed so know that's true). There's a rare few who can trade and have the profit outweigh the time commitment. Most actually make less than very infrequent position traders like me. If you're swinging to a net profit, that's as great as it is rare. You got a reversal just a little while ago to buy it looks like.

    Sentiment: Strong Buy

  • Reply to

    Buy all pullbacks

    by kirkydu Jun 25, 2015 11:47 AM
    kirkydu kirkydu Jun 25, 2015 3:18 PM Flag

    Selling calls on a trend up stock is a loser strategy. Covered calls were a way to make more trades and generate more commissions for brokers. Now just a way to take good stocks from bad investors. Nothing personal, but think about it. Covered calls are a scam.

    Sentiment: Strong Buy

  • Reply to

    Buy all pullbacks

    by kirkydu Jun 25, 2015 11:47 AM
    kirkydu kirkydu Jun 25, 2015 3:15 PM Flag

    Just like technical analysis didn't work for awhile, neither will tiring to project lumpy quarterly launch numbers. Their marketing and approach are just fine. Barely at the tip of the iceberg.

    Sentiment: Strong Buy

  • Reply to

    Buy all pullbacks

    by kirkydu Jun 25, 2015 11:47 AM
    kirkydu kirkydu Jun 25, 2015 12:05 PM Flag

    Coin flip. Could sell puts.

    Sentiment: Strong Buy

  • There are a lot of traders in now. Mostly momentum, some day trading reversals. I use three algos. None is overbought yet on weekly or longer time frames. Buy the daily and hourly dips. EXAS will hit $40+ this year.

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 22, 2015 3:39 PM Flag

    every now and then, EXAS is proof Peter Lynch was right about needing a few big winners. Along with SUNE and the oil/gas stocks I bought in spring 2012 then sold last summer, that's over half of my gains the past 6 years.

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 22, 2015 2:05 PM Flag

    SQUUEEEEEEEEEEEEEEEZE!!! Who woulda thunk it?!?!?! I'm seeing a run at $40 within weeks.

    Sentiment: Strong Buy

  • Reply to

    If you subscribe to the cup & handle theory

    by sstephanc Jun 22, 2015 11:20 AM
    kirkydu kirkydu Jun 22, 2015 12:29 PM Flag

    my cup is getting filled

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 18, 2015 4:46 PM Flag

    I hope you added back early in the week. The S&P is set-up for a few day sell-off. Might effect EXAS. If so, I'll buy more.

    I know some liars and cheaters who work in the trading rooms, which are a few degrees of separation from the hedge funds and investment banks that give them rooms and money, that manipulate stock prices (ummm, yeah, that happens). You might see a heckuva spike on EXAS to crush the momo shorts over the next month.

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 14, 2015 8:04 PM Flag

    you got a break, thank the hucksters. I suspect you'll be able to buy back very soon

    Sentiment: Strong Buy

  • Reply to

    EXAS to 4?

    by sucktionmonkey Jun 12, 2015 4:55 PM
    kirkydu kirkydu Jun 14, 2015 11:52 AM Flag

    $4 Billion market will be easy to get to. Probably within a year or two. Question is how fast to $10 Billion?

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 6, 2015 4:19 PM Flag

    whawhawhat? Call me maybe!

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 6, 2015 4:18 PM Flag

    put selling on pullbacks is a great strategy.

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 6, 2015 4:16 PM Flag

    and then you call Kirky to manage the pot while you fish or golf or do whatever;-)

    Sentiment: Strong Buy

  • Reply to

    My article on Seeking Alpha

    by kirkydu Jun 5, 2015 1:57 PM
    kirkydu kirkydu Jun 5, 2015 2:33 PM Flag

    too early to sell trading shares. Algo says quite a bit of run left in this.

    Sentiment: Strong Buy

  • Reply to

    Shorty Getting Crushed!

    by sailingaway82 Jun 5, 2015 1:52 PM
    kirkydu kirkydu Jun 5, 2015 2:13 PM Flag

    this is mainly short covering with a trickle of new buyers and one or two big accumulators from what our indicators are showing. The last shorts out the door are about to get crushed.

    Sentiment: Strong Buy

  • I told you guys I'd release an article when it was time last autumn. I waited until it was time. And remember, I write every week about something. The short squeeze is about here. My little birdy has been chirping to me a lot the past couple weeks. Sell puts a little out of the money at will and buy LEAPs a little less out of the money. Synthetic long is a great play. Or, just keep buying and building a pyramid up until EXAS is overbought, which is a ways up, looks like upper $30s in the next few months. Still see low end of 2 - 4 year range at $100 with upside to $200. There are some legit big, but quiet people who are in EXAS. Follow them, not the hedge fund wannabes and TV guys who are forced to talk too much because of their contracts and contacts.

    Sentiment: Strong Buy

  • I have about a 100 subs so far to Fundamental Trends and will close it around a 1000 because I don't want to move stock prices. Since you guys were a bit of a test ground for me, I am offering a 50% discount through next month. Check out the site, there's quite a bit of unlocked info. If you want to subscribe, use the discount code ARB200off. That will knock the $399/year rate to $199/year forever.

    Sentiment: Strong Buy

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