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Occidental Petroleum Corporation Message Board

luckyone581 180 posts  |  Last Activity: Nov 23, 2015 4:49 PM Member since: Feb 10, 2008
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  • Reply to

    Lucky's Twin Brother is Joe Campbell

    by ohbabyno132 Nov 21, 2015 11:52 AM
    luckyone581 luckyone581 Nov 23, 2015 4:49 PM Flag

    Just out of curiosity Baby, how old are you?

    You say things only a very young under-12 Neophyte would say.

    Perhaps, you got your nick from your mother (ohbabyno) and you are doing this behind her back?

  • Reply to

    To Shorts that think there is limited risk

    by gpls72 Nov 23, 2015 2:45 PM
    luckyone581 luckyone581 Nov 23, 2015 4:38 PM Flag

    You really need to learn about the market before you open your mouth.

    First of all, you should be aware that investors/traders normally cannot short a stock that is under $5, meaning that anyone that was short KBIO was probably a hedge or institutional fund . Certainly not someone that would be on this message board reading your comment. Even then, with the average of less than 100,000 chars traded in the stock, anyone trading that stock on the short side should be committed to a mental institution. With that kind of volume, a person investing just $10,000 could have probably caused the stock to double in price on just a whim.

    Second of all, the stock is a Bio-Pharma which is by nature a very speculative industry due to the fact that changes in fundamentals can happen from one day to the next, unlike KNDI that does not live in that kind of scenario.

    Third of all, the stock closed at 2.45 the day before the news came out and a shorter could have gotten out the next day between $9 and $14, meaning that your statement of 2 to 40 in a week is misleading. Anyone that was short that stayed short after the news came out would have to be an idiot.

    As such, no one like us could have been short KBIO, at least not from the lows the stock traded at the last 10 months. The last time someone could have shorted the stock was last year when the stock was trading between $11 and $17 and those that did short from that level would likely have covered their shorts the first up day when the stock traded between $8.50 and $14.50, meaning they probably would not have lost anything but profits.

    You need to look at reality and not as the invented/fantasy extremes that you suggest.

  • Reply to

    Lucky's Twin Brother is Joe Campbell

    by ohbabyno132 Nov 21, 2015 11:52 AM
    luckyone581 luckyone581 Nov 23, 2015 10:24 AM Flag

    I always say what I am going to do "before" I do it. Remember that I put out a weekly newsletter and give all mentions before the fact. Everyone of the trades I mentioned were given to my subscribers before the fact, meaning that each and every one of the subscribers could have done the trade themselves if they saw fit to do so. Just because I do not mention it here on this message board does not change the fact it was stated before the trade was done.

    As far as my mentions of what a KNDI might do, keep in mind that the chart does not give me "time" frames, just chart objectives. If the chart says it will go back down to $5-$6 it could be in a short period or time, a medium period of time, or a long period of time. As long as the stop loss is not hit, I usually stay with the positions unless something else comes up that offers more.

    That is one of the reasons why I don't do options. Time frames are not by bag, chart support/resistance levels are.

  • Reply to

    Lucky's Twin Brother is Joe Campbell

    by ohbabyno132 Nov 21, 2015 11:52 AM
    luckyone581 luckyone581 Nov 23, 2015 9:37 AM Flag

    No, baby, only longs go to church. Shorts are all evil demons that prey on amateur traders (such as yourself) that are long KNDI. We are trying to get them (you) to sell their positions so that we can get paid by our bosses (in my case my wife) for having generated new selling so they can get in at a lower price by buying up YOUR shares.

    Then again, once in a while we do go to church to pray for forgiveness for our sins.

  • Reply to

    China News Release

    by luckyone581 Nov 22, 2015 5:54 PM
    luckyone581 luckyone581 Nov 23, 2015 9:01 AM Flag

    I don't care about fundamentals but I always read and listen to Bloomberg and the article was on their site so knowing that you guys do listen and heed fundamentals, I thought it would be a nice gesture for me to put it on the message board.

  • Reply to

    Lucky's Twin Brother is Joe Campbell

    by ohbabyno132 Nov 21, 2015 11:52 AM
    luckyone581 luckyone581 Nov 23, 2015 8:28 AM Flag

    NoBaby, I was going to say something truly degrading to you for your absolutely "idiotic" statement but then I realized that idiots always think they are the smartest people in the room, meaning that I would be wasting my time. As such, I will simply do the right thing and pray for your mental health and success in life as it is evident you need help from someone other than yourself. Have you ever considered going to church?

  • Reply to

    Lucky's Twin Brother is Joe Campbell

    by ohbabyno132 Nov 21, 2015 11:52 AM
    luckyone581 luckyone581 Nov 22, 2015 8:08 PM Flag

    Jim, you are asking me to give you fundamental answers to your questions. I usually do not look at the fundamentals of a company when I choose a short or a long position.

    I trade exclusively off of support/resistance levels in charts using 37 years of chart experience that gives me probability numbers on whether a level of support or resistance will be broken. In addition and also based on support/resistance levels, I will not get into a trade that does not offer me at least a 4-1 risk/reward ratios, which in turn means that I can wrong as much as 80% of the time and still break even or make a small profit. My strategy is to make more money than I lose and not think about the fundamentals of a company as long as I have clearly defined levels of support/resistance that when broken will tell me chart-wise that it is time to get out of the trade.

    My strategy removes all ego as well as fear and greed out of the equation, given that all three of those are the biggest causes for people losing money when investing in the stock market.

    If the support/resistance is broken and the stock moves against me I will take the small loss and move on to the next trade. There are always stocks to trade and as long as I continue to make more money than I lose, I don't care which stocks are winners and which stocks are losers. This strategy has worked for me since I started using it, back in 2005, and since then I have not had a single losing year after commissions and losses are subtracted. I believe if it works why tinker with it trying to make it better. If I do that, I will be entering additional parameters to evaluate that may offer me a better return but also threaten to make the strategy that I have used stop working.

    Case in point are the 5 stocks that I presently have or have had in the past (FCEL, ENG, ARNA, DCTH, and ELON) that I was convinced by the message board gurus to buy and hold as "great" long term fundamental investments, only to turn out to be big losers

  • luckyone581 by luckyone581 Nov 22, 2015 5:54 PM Flag

    Executives gathered last week at the biggest motor show in southern China were unanimous in their view that the days of exponential growth are over, underscoring how a sharp economic slowdown has tempered expectations in the world’s largest car market.

    At the Guangzhou Auto Show last Friday, Volkswagen China Executive Vice President Soh Weiming predicted that industry passenger vehicles may expand three to five percent next year. Jiang Jun, president of FAW Toyota Motor Sales Co., said the company won’t set high targets for its dealers in 2016 to allow them to “regain strength.” Hubertus Troska, head of China for Daimler AG, noted the heavier discounts in the market while Infiniti Chief Executive Officer Roland Krueger said growth was “normalizing.”

    “Of course it’s not as good as before, when you have those double digits but hey, with this base and with this growth, that is impressive,” Soh told reporters, adding that he expects 2016 to be better than 2015. The company said it will introduce more SUV and minivan models to tap demand in those segments.

    The more guarded mood reinforces comments made by automakers earlier this year that car sales in China have entered a “new normal” with the economy forecast to expand at the slowest pace since 1990. Whereas in past years automakers have used major auto shows to trumpet multi-billion-dollar spending plans, this year, Volkswagen announced it was putting on hold plans to increase its stake in a key Chinese manufacturing joint venture after an investment review in the wake of its emissions-rigging scandal.

    “The new normal is much slower growth than the explosive growth in the past, and is very dependent on technology as well as government policy,” said London-based Namrita Chow, principal analyst for China at IHS Automotive. “It will be a fight to attract customers with better technology, features and fuel economy with models that will have to be more targeted.”

  • Reply to

    Lucky's Twin Brother is Joe Campbell

    by ohbabyno132 Nov 21, 2015 11:52 AM
    luckyone581 luckyone581 Nov 21, 2015 2:56 PM Flag

    Many times people have called me "shorty", not because of my 6'3" size or my 280lb frame but because most people are buyers and always someone that shorts a stock is an anomaly in these message board.

    Nonetheless, I do want to clarify something.

    I am presently short 4 stocks:

    CVX from 97.69 (presently at 89.01)
    HAL from 39.76 (presently at 38.00)
    XOM from 84.70 (presently at 79.79)
    KNDI from 9.62 (presently at 10.21)

    Meaning that my being short those stocks is working out very WELL for me.

    Nonetheless, you are also taking this opportunity to call me "shorty" but that is a misnomer as I am not more of a shorter than I am a buyer.

    I am presently long 8 stocks (AREX, ARNA, ENG, FCEL, FSLR, GPS, QRVO and WMT), meaning that I am not a "shorty" and that once again you are flapping your mouth without any knowledge of what you are saying. I have noticed that you do a lot of that all the time. Perhaps you just want to hear yourself talk but then again, don't you think you should think or research what you talk about before you open your mouth. Don't you understand how stupid you look when you say anything that is immediately dis-proven?

    By the way, let me say something you may not know, though the probabilities are still high that you won't understand. "Shorting a stock usually garners faster and stronger profits than buying a stock, at least on a short-term basis, given that stocks usually fall faster and stronger as there are more retail investors that panic out of their positions than shorters do when the stock rallies. Shorters usually are hedge and institutional funds that are often using shorts as a hedge and not so much as a speculative investment, meaning they usually do not "panic" out of their positions like retail investors buying stocks that suddenly go against them.

    You know the best thing for you about this post? I am not charging you a fee for the information. You should be grateful.

  • Reply to

    Ingenuity at its Best

    by luckyone581 Nov 19, 2015 3:40 PM
    luckyone581 luckyone581 Nov 20, 2015 8:12 PM Flag

    Chasen, it may not be a stock that goes 1-on-1 but if the DOW was down 1000 points or up 1000 points I guarantee you that KNDI would move in that direction. More so, if the Chinese Index was back down to 3000, KNDI would probably be back at $6. Don't say it doesn't move with the indexes, there is not one stock that doesn't.

    I can remember many days when the indexes were down strongly and there wasn't any (or just a couple) of stocks in the green.

  • Reply to

    Ingenuity at its Best

    by luckyone581 Nov 19, 2015 3:40 PM
    luckyone581 luckyone581 Nov 20, 2015 4:13 PM Flag

    I am shaking in my boots!

  • Reply to

    Ingenuity at its Best

    by luckyone581 Nov 19, 2015 3:40 PM
    luckyone581 luckyone581 Nov 20, 2015 1:44 PM Flag

    Let's get thing straight "once again".

    I am still short KNDI at an average price of 9.60 and with the stock trading at 10.38 right now, I am only down 78 points on the trade.

    You actually should be more worried about your longs than I should be worried about my shorts, given that the bulls have been unable to do anything of consequence this week even though the indexes have rallied strongly and negated last week's drop in price. That should have generated buying in KNDI and yet the stock is actually trading right now "below" last week's high.

    I am not happy with the inability of the bears to push KNDI lower but you should be worried about the inability of the bulls to do anything of consequence.

    Don't count your money before you actually cash it in and don't say I lost my money until I tell you that I got stopped out.

    As far as dispensing tired old donkey jokes, at least I still have the ability to smile and be humorous. You on the other hand are as boring and dour as a dirty old man trying to masturbate and failing to have any success. .

  • luckyone581 by luckyone581 Nov 19, 2015 3:40 PM Flag

    A broker named, Jean Paul, moved to Texas and bought a donkey from an old farmer named Ben for $100. The farmer agreed to deliver the donkey the next day.
    The next day, Ben drove up and said,
    • Ben: Sorry, but I have some bad news. The donkey died.
    • Jean Paul: Well, then, just give me the money back,
    • Ben: Can't do that. I went and spent it already.
    • Jean Paul: OK, then. Just unload the donkey,
    • Ben: What ya going to do with him?
    • Jean Paul: I'm going to raffle him off,
    • Ben: You can't raffle off a dead donkey!
    • Jean Paul: Sure can. Watch me. I just won't tell that he's dead,
    A month later Ben met up with the Cajun and asked,
    • Ben: What happened with that dead donkey?
    • Jean Paul: I raffled him off, I did. I sold 500-hunderd tickets at two dollars apiece and made a profit of $898,
    • Ben: Didn't anyone complain?
    • Jean Paul: Just the guy who won. So I gave him his two dollars back.

  • "The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher

    "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

    "The four most dangerous words in investing are: 'this time it's different.'" - Sir John Templeton

    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
    George Soros

    October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.
    Mark Twain

    The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.
    John Templeton

  • luckyone581 luckyone581 Nov 19, 2015 6:23 AM Flag

    Then why do you want me to STOP? Laughing is a good thing.

  • luckyone581 luckyone581 Nov 18, 2015 9:02 PM Flag

    What's the matter Baby, you can take the same that you dish out?

  • luckyone581 luckyone581 Nov 18, 2015 1:51 PM Flag

    In the case of KNDI, stop loss orders would NOT have made the stock go higher. In fact, one of the reasons the stock has "stayed" at these levels is because the traders continue to try to trigger the orders "that are to the upsde". To the downside, there are close-by stop loss orders, meaning that the traders have nothing to trigger to the downside.

    If the stop loss orders wouldn't be there, there would be no reason for the traders to stay around to trigger them.

    Nonetheless, in my case, 95% of my stop loss orders are mental for that same reason. As such, my recommendation on stop loss orders is have "mental" stop and if triggered see what happens over the next 15-30 minutes. If the break was real then the move will continue, if it was simply to Zap the stop loss orders, the stock will return to where it was previously.

  • Reply to

    By the way

    by luckyone581 Nov 17, 2015 3:53 PM
    luckyone581 luckyone581 Nov 18, 2015 10:32 AM Flag

    I offer a service where I give up to 4 chart mentions per week on stocks that I believe are good trades that offer at least a 4-1 risk/reward ratio as well as a good probability rating. In addition, I update the charts on the indexes every week as well as update all held stocks/positions.

    In addition, the subscription to the service also offers up to 4 chart evaluations per month on stocks of your choice.

    A message board is also included where held stocks and indexes are updated during the day as needed and at the end of the day there is a recap on all of the day's action.

    Subscription fee is $27.95 per month. You can go the site at theoasisclub (dot) net

  • Reply to

    Luckyone581-don't leave your followers hanging

    by jceevs Nov 16, 2015 3:08 PM
    luckyone581 luckyone581 Nov 18, 2015 10:27 AM Flag

    I will probably go long the stock should it generate a weekly close above 11.31, nonetheless I will not get out and reverse at the same time. I would wait for a dip to be a buyer.

  • Reply to

    By the way

    by luckyone581 Nov 17, 2015 3:53 PM
    luckyone581 luckyone581 Nov 17, 2015 6:13 PM Flag

    I went through about 320 messages of yours going back about 4 months and you know something? I actually misnamed you as being a critic, your are nothing more than a person that comments on anything that anyone "else" says. I could not find one single post of yours that was original or that offered something of value to the board. In fact, my wife had to wake me up several times as I was reading your posts as I fell asleep several times.

    My gawd, you are really a boring person aren't you?

74.93-0.45(-0.60%)11:48 AMEST