And Prank of America continues....
good day for being long FAZ but be careful and take profits with the leveraged ETF, be aware of decay.
Loaded up on Puts today but also bought some calls before the close. With PCLN, just like with NFLX, you never know as the powers that manipulate it play it very well. It started with 175 based on bad forward guidance by the CEO...that was after the pull back from 275 and PCLN crushed every earnings since then...one thing is for sure, once they are done manipulating this it will drop back to 100...the best asset of PCLN is its stock repurchase unit and the accountants....I think we could see 400 by the end of this week...but at the same time, you have to be prepared that in the event of a dividend announcement or stock split this can easily run another couple hundred...will be interesting what the next two days bring.
the one for multiple tens of billions of dollars...my thoughts at that point was that BP would make an eventual buyout offer....does anybody know what happened with that lawsuit?
are you so sure? Perry is a big government politician like so many other candidates...what about Perry's vaccine mandate? If you think that the size of government will shrink with the Republicans in office, I invite you to read the following articles about the hypocrisy of the GOP:
and for those that lost their paper gains, should have read our spring article:
Are BBY's days of profiting from the disappearance of Circuit City coming to an end? I think it will be difficult to meet earnings expectations and we've seen what can happen if you miss or reduce your expectations...look what happened to FFIV a couple months ago or OVTI just recently...
First off, I'd be very careful going long an ETF for the long term. Those ETF's are perfect trading vehicles, but ultimately they decay and the longs will be holding the bag.
This ETF is perfect for hedging your physical silver and gold long positions:
If silver were to pull back to let's say the low 30s, this one could be at 130....to reach 230 again silver would have to make a new all time high as the decay would most likely eat a big percentage away.
I think we could have a significant silver correction still ahead. We had a very nice and healthy pull back in May. When gold pulled back silver held steady but there comes a point when the equities will run again (yes, of course with the help of market interference) and this will make the PM less attractive for the big money. Don't bet against the Fed and other Central Banks...they have the firing power to discredit "honest money" with yet another significant PM pull back.
that would work out for me, bought the 32 calls without a straddle, so I obviously lost that for now...once it stabalized in AH I bought the stock at 17.05 and sold at 18.57 when it couldn't get higher and struggled to go above the .65 mark. Now the calls are nearly free and if I had the balls I would have held the stock overnight but I don't like to hold stock overnight so it was a quick and good AH trade. An OVTI buyout from AAPL would make sense.
sounds like OVTI can go up towards 21 tomorrow. Bernanke speaks which will make the general market move. Combine that with a short ban on ovti and shorts 25%+ in the money...they'll cover at some point....
that would be a worthwhile buyout but I don't think it would happen yet. AAPL could certainly vertically integrate OVTI to make business and product development sense. There is much speculation as to what AAPL would acquire. I agree with you that OVTI is a good potential candidate as is FFIV IMO.
sounds like music to my ears...this is the best tech deal at this price. Sounds like the development for new product is strong and there will be more demand in the future for the technology.
Since MERKX never sells and you just ride through the ups and downs you might want to consider hedging for gold and silver pull backs.