I moved up my cash position by moving a 10% gain into cash, but I had flubbed in the downturn and now recovered and then some. sto could bash through 30 dollars by July or just move up a buck or more and make me moola before july. but this could all do another swan dive, especially with the debt cap causing a renewed fed generated arctic chill right as I write. expect volatility to rise. everything else almost to drop, except the profits to the big players.
the net earnings are up this quarter vs year ago though bb focused on gross sales drop. the NOK is strengthening and rightfully so in my opinion. the future points up for underlying stock and options though not long term are a fun wager
I added 30 dollar July calls to 25's. I am holding my underlying stock. The confirmed find off of east coast Canada is massive.
It also shows how much indexes now correct as in the past two crashes. Then the real portfolios get really bashed as companies in the portofolios go broke. The indexes just put a new player to plug the gap. Otherwise the averages would be just like the realtime portfolios or worse. But if you think a bigger correction is coming maybe buy some puts out there and down there, but I get murdered everytime.
I tend to agree. I am moving more away from day trade or short term on STO to thinking buy and hold. Of course I may be stuck holding as I have no intention of selling here. That is because, for one, on the 7th of Feb. there is earnings. The balance sheet is going to show a big jump in cash or cash equivalents. There should be some earnings recorded from the sale of oil in properties. The earnings should creep up too. There will likely be a special bonus dividend announced on dividend date. The downside in a crash is $15, but the long termers can expect big gains in dividends and price appreciation, which is what happens with the long termers in STO. The fever has broke today on the global markets. It will just be more sideways with up for the good stocks.
yeah, ok, true, but I think it is about politicizing extreme aristocratic interests. As long ago I could support national candidates for the Republican party, but yes, they have gone radical right, and that is something which I have no common ground with. Hey on the Walmart side, I agree with the guy who is wondering why Walmart is going in deep debt? Are these people who run Walmart trying to develop a bankruptcy down the road. You know how it works. Look at all of the big companies that go broke that should never have gone broke. GM, the big con corporate bankcruptcy. Wipe out the shareholders. Turn the new GM over to the lenders. Siphon off foreign assets separate from the bankruptcy and you GM China 51% private, with the assets from America.
On the plus side. I was out to Sam's Club, and wow, people were zooming around here with shopping carts overloaded, me included. I spent $367 and will save that much if I had bought everything here and there over the next year. I did that to teach myself a lesson about losing 9% in one trade in three days. I messed up on the trade and if I had thought about it, I would have not traded or done the exact opposite, which I could have done.
on the bullish side I added to Intel, Statoil, Powershares Emerging Markets Sovereign Debt, and Silver. But if this all slides in another big crash I am just going to collect dividends if they keep paying.
could be. analyst said market is just above computer driven sell-off level. which would keep the chart going down. I bailed on proshares short short spvix after hitting it bassackwards.
Buy pullback if it happens on Monday and Tuesday. Support at 175
So if you think you want the currency hedge built into your oil stock it is a good long term buy. I do not know jack ___ about which way currencies will go, but there are a boat load of dollars it seems. I bought STO today feeling like a small percentage is good. It still has the dividend. Also I think the earnings will be astronomical due to the gain on sales of oil in the ground. The thing the Norwegian government does that hurts STO is putting too many krones into circulation. So if that is detectable then traders will shy from the krone. I have no clue on the currency trading as the governments are the big traders.
Probability analysis, whatever that is on my pc, shows Intel range between now and October low likelihood to go down and high likelihood and range to go up. The probable range is 18 to 100 with the strongest between 23 and 60. So I have been sitting out too long and bought in INTC and SVXY just now
thumbs up on that iitriumv. it seems safe to buy the pullbacks until analyst reports and earnings reports coming up in a few weeks. the $/NOK plays out directly in the price of STO vs. STL.OL. If the dollar weakens STO goes up just from that effect. I never liked trading currencies. The largest trader in the world is US gov. trading office.
Pandorbelle1: Looks like we made through the comets debris field. But check out the volcano erupting on the island of Sumatra in Indonesia near the shore (20 miles) of lake Toba: this volcano has been erupting since Sept./ erupted 220 times this week, and this Mt. Sinabung might become a super volcano from the same magma chamber of Toba. Scientists and the media are letting the story out slowly. Prepare survival food and water and shelter for at least two years.
I checked the map. Mt. Sinabung is only 20 or so miles from the massive Lake Toba which was the worlds worst caldera explosion 77000 years ago. I am out of the market but may buy puts again. Sinabung is intensifying and erupted 220 times this week. It has been active since Sept.
so consider buying some protective positions here. I just have puts now
wallis, what the hell does that mean when our paranoid brain says i am fake. you are confused. look at my posts, i am a genuine cross dresser!!!!
you are right about being able to sleep. it's the negative cash flow in 2013 and inability to recover by year end that gets me. also the roadblock at 26 seems impenetrable for now. i was hanging my hat on the 10 year slump in share prices too much. this is a great company but however the cash flow has to be positive, or it can take the best company down.