You mean macaroon thesis right? ?What are you gonna do with all that dough? I'm bummed about the price of copper though, my penny collection is losing value every day! Take that, strong dollar thesis!
Thankfully some brave trader gave in and sold to close the tiny gap at 46.35 created by CELG gap up. Notice today after we dipped there the pps came back Now it is their duty to relieve the solid grossly oversold situation. RSI, MACD and stochastics tell the story.
Our friends the Saudis just announced they're going to scale back the over pumping (per Wall Street Journal) they've been doing in effort to destroy the American oil business. They've over injected water into their fields and now at risk of ruining them. But go ahead and dream of $30 oil. It'll make you feel better about buying at $35 and selling at $22. Admit it, that's what made you so bitter.
You don't go BK with positive earnings per share.
What problem? How is it that you sellers always ignore the facts and figures and live in this dream world where you think you're the hero for screaming "the emperor has no clothes" Open your eyes fool..
How'd you like me now? bwahahaha. Picked 200 mnk @123.15 just now...I hate myself for that cuz I'm always stealing little shorties money...working on roundtrip number 14 for 200 shares...good luck to me (gulp)
Sorry, forgot the punchline...GoPro is in the imaging business and would make a good replacement...Jokes are always funnier when you screw up have to explain them.
What's worse is he still walks away with hundreds of millions in management fees for losing his clients money and only pays 15% taxes. What a rip off for everybody but him.
Good catch...maybe da minkster should try to buy GoPro? bwahahaha weeeeeeeeeee
Just think of that revenue bumpage!
These are the kind of buying opportunities I was talking about...S&P moving higher and MNK in the red? bwahahahaha. Not playing this though...decided to buy some MYL at $55 instead.
Thing is this is an S&P stock now so there's a lot of algo trading tied to that. Usually I'll grab some if it looks like we've strayed much lower that the index. Of course you always have to look at the large vol trades. For me, when I see the 50K shares going by to the down side, I'm cautious about buys. I like low vol sell offs which is like the last few weeks. Also I'm never afraid to hold if it goes against me as I've been rewarded time again with a higher price in the future days.
Another trigger I like to see is when the preponderance of the trades hitting the bid are odd lots which is a grinder program trying to break the bid or idiot day trading room shorts calling each other out to sell! bwahahaha.
Ya half to be able to watch all day long though cuz usually ya only get a few minutes to #$%$ and buy a LOD. I got twenty years of practice...it's like playing an instrument or maybe playing with your instrument...not sure which !
Hmmm, looks like I picked up 1500 SDRL @ 8.9. Got lucky the last time buyin 9.15 and flipping out tween 13.65-14. Looks like $75k all up in oil's #$%$ today. Lot more than I planned but we'll see.
For a trade, I bought crzo @ 47.8,wll @23.89. and FCX @ 13.85...just starter shares to keep my dipper in da ticker. I'm counting on the simple buy when there's blood in da streets...
I missed what happened at 11:10 this am...Indexes fell out of bed, not an up tick for a solid hour...interst rates ok, oil a little weak, forex not really changed as far as I can tell. EU closed down the last hour...I dunno...maybe ceiling resistance on the S&P at 2120?
Yep. I was counting on the combined shares moving higher for mnk . My second thou was at 68 which rolls in a week or so. The rest is the rollover from da mighty Q. A last thou in mid Aug and the rest of the roll and cash was sold out tween 106 an 110 earlier in the year. Since then I've been trading 500-1k as swings in and as you can imagine :-P