tag:blogger.com,1999:blog-6969366797834293153.post2734627841700033194..comments2023-10-28T01:56:57.243-07:00Comments on Trading Topics: 9/2/10 Season Of The WitchMarkWhttp://www.blogger.com/profile/10115276845896649502noreply@blogger.comBlogger125125tag:blogger.com,1999:blog-6969366797834293153.post-16540238503680037722010-09-02T17:48:03.106-07:002010-09-02T17:48:03.106-07:00This has been a "Trading Place", not a s...This has been a "Trading Place", not a smack down place. The people here have generally been nice, and even though we don't agree on any given day which way any particular thing was going next, we were able to reasonably state our cases, pros and cons, and see where the market went.<br /><br />Why do you feel the need to make a slum out of it?cheapybobhttps://www.blogger.com/profile/08720367580095655196noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-62375094547247643992010-09-02T17:44:40.183-07:002010-09-02T17:44:40.183-07:00Well, I'm FUCKING DONE reading this shit.
A...Well, I'm FUCKING DONE reading this shit. <br /><br />Adioscheapybobhttps://www.blogger.com/profile/08720367580095655196noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-57133611608097045162010-09-02T17:32:32.935-07:002010-09-02T17:32:32.935-07:00What can I tell you anon... you suggest I ignore t...What can I tell you anon... you suggest I ignore this... well, shark, and indicate that you were not willing to accept certtain aspects of "other place." Well, crap this PoC is spewing is something I am not wiling to accept anywhere. And, he made it personal by threatening me under the cover of Internet anonymity - which is very cowardly unless one is willing to accept the challenge to meet face to face (you know he didn't). Neither am I willing to leave - it's Internet, you know... everyone stays where he wants, says what he wants and yes, doesn't read what he doesn't want to. So, you may just as well offer him to stop posting his crap or stop answering me when I call him on it. <br /><br />Sorry if I irritate you, that was not my intention - but he irritates me, and I have just as much right to express it as you do. All I may suggest is to stop discriminating - if you are willing to scroll past his crap, scroll past mine as well then... or tell him to shut up just as you tell me... fair? :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-19293430610969417722010-09-02T17:09:24.653-07:002010-09-02T17:09:24.653-07:00"David - The market tends to ignore the small..."David - The market tends to ignore the small caps and forgets about them, only to remember them after big runs and at much higher prices."<br /><br />That may be so, TOF, and I hope (for your sake and for mine as well) that REDF keeps gapping up and moving higher and higher. However, I am now in the mode of experimenting with using stops for my positions as opposed to buying with wishful thinking, and so I will be using stops on REDF to make sure my profit does not turn into a loss.Davidhttps://www.blogger.com/profile/01511765703071689959noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-9384630224773576742010-09-02T17:06:05.209-07:002010-09-02T17:06:05.209-07:00T's seem like a sell to me at this point.T's seem like a sell to me at this point.Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-47525061137518775262010-09-02T15:49:14.939-07:002010-09-02T15:49:14.939-07:00David - The market tends to ignore the small caps ...David - The market tends to ignore the small caps and forgets about them, only to remember them after big runs and at much higher prices. It's just the way it works. People probably just assume REDF is finished, having shown no revenue growth for years. But the big catalyst (getting more people in India online) has just passed with the broadband spectrum auction and it is sure to spark significant growth in the internet industry. I'd say the market hasn't really grasped this yet.teamonfuegonoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-66785032011886122412010-09-02T15:28:08.580-07:002010-09-02T15:28:08.580-07:00TOF: The long-term prospects for REDF might *seem*...TOF: The long-term prospects for REDF might *seem* bright, but on the other hand, the market knows this info already, and despite it REDF is still in an obvious long-term downtrend. So to be on the safe side, I have just placed a sell stop limit order at $2.17/$2.15 for the 1000 shares I picked up at $2.05 and at $2.25/$2.20 for 775 shares I picked up at $1.92. Finally, I placed a sell limit order at $2.50 for the remaining 500 shares I picked up at $1.92.Davidhttps://www.blogger.com/profile/01511765703071689959noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-11369621448503777782010-09-02T15:26:58.754-07:002010-09-02T15:26:58.754-07:00OptionsHouse has a crappy after-hours service, onl...OptionsHouse has a crappy after-hours service, only until 3pm PST. I just checked and saw that a total of 725 shares were sold at $2.40 before my order was canceled. Since these shares were purchased at $1.92, the total gain is $350, which is already enough to go out a few extra times to nice restaurants at Laguna Beach.Davidhttps://www.blogger.com/profile/01511765703071689959noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-53029645746587670352010-09-02T15:02:35.105-07:002010-09-02T15:02:35.105-07:00David - excellent work! i worry that i'm too ...David - excellent work! i worry that i'm too heavy on REDF but i think the odds favor this one going up pretty significantly over the long term given (a) only 9 million of 1.2 billion people in india have broadband internet access, (b) they are currently operating at breakeven with 1.5/share in cash and no debt and (c) india just auction off broadband access to providers to the tune of $25 Billion, which will exponentially increase the amount of people on the web in India over the next few years. Even if REDF is a has been in that market, I think it is worth a lot more than $66 Million, which is its market cap as of close today. Back in the day when China had the same amount of internet users as India, SINA/SOHU (2nd tier internet players in China) sported $60 Million market caps and sub $2 stocks and had minimal revenues and negative earnings. If REDF does the same as a result of exponential growth in the India internet market, then this sucker could be a 20 bagger. We shall see...teamonfuegonoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-62314009016982409532010-09-02T14:55:11.892-07:002010-09-02T14:55:11.892-07:00Mark - the situation at CRYP is fairly dire. The ...Mark - the situation at CRYP is fairly dire. The new CFO appears to me to be a lightweight. Further headcount reductions are currently taking place, which helps a tiny bit in the short run but the real problem is declining revenue.<br /><br />All that said, if congress does end up amending UIGEA or passing the Frank bill which would legalize internet gaming then CRYP would explode, as a takeover target I would guess.<br /><br />tred carefully bro!jbnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-54410332193459365452010-09-02T14:47:33.071-07:002010-09-02T14:47:33.071-07:001. Two wrongs do not make a right.
2. Lead by exam...1. Two wrongs do not make a right.<br />2. Lead by example.<br />3. Immature posts are not solved by immature posts with name calling. For every post you find insulting you've posted three or four more others find insulting and they tend to say nothing.<br />4. Unless he is talking specifically about you which no one would ever know, including you, please just ignore it. It is unlikely anyone here will have much impact on others, with the hopeful exception of helping each other make money.<br /><br />The rest is just a distraction. Most of us do not come here for conflict or distraction. We do not all agree or trade the same way, but in order to benefit all, we try to ignore some of the BS and focus on what matters. Otherwise we would be where we were before we started this blog. The fact that we all met here indicates we don't want to go back or start that environment here. That means sometimes we just skip to the next post and let it go.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-63228799378651348572010-09-02T14:34:47.868-07:002010-09-02T14:34:47.868-07:00hey Anony , love the phrase,' slack baked'...hey Anony , love the phrase,' slack baked' In an estuary river, when the tide turns [1/2] running back out, its slack.<br />had to look up 1/2 baked. however i would not compare our low life, pal to a loaf of bread! Even metaphoricaly, HE IS A PANSY, not a living daffydill. some MD here might have a sickness disease , beyond your your choice of low life mental model,[i.e., idiot]<br />"Anonymous2 said...<br />Let it go Shark."<br />HEY 2A, u gotta be kidding, your not much smarter than t/aforesaid. He can't and you dont know why!!!<br />peace to all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-66310236365378502402010-09-02T14:13:53.928-07:002010-09-02T14:13:53.928-07:00I just notice that just before the market closed I...I just notice that just before the market closed I sold PNP.to at $1.45cdn that I bought at an average of $1.28cdn back in May. An absolutely horrible trade for a 12.40% gain. I have to kick myself for not following my rules with this one. I got up in a mind trap thinking I would hold it for ever for a move up to $2.00.<br /><br />The lesson learned, which I am doing now is to trade the heck of these sucker stocks.<br /><br />Okay I got to go and kick myself. And kick myself again. And then pat myself on the back for getting the f... out.CInoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-29167920845720522202010-09-02T14:09:09.179-07:002010-09-02T14:09:09.179-07:00Wrong on all counts, Anon. Wouldn't ever give ...Wrong on all counts, Anon. Wouldn't ever give him a passing thought if not for his endless jealous/envious rants followed by juvenile recounts of "sucking faces" and most of all - threat to kick my ass followed by cowardly disappearance when invited to do so.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-74742803881394658732010-09-02T13:56:20.467-07:002010-09-02T13:56:20.467-07:00When I looked at the market this morning at around...When I looked at the market this morning at around 10am PST, it was basically flat, but all positions that I opened yesterday morning were up nicely. I thought a little about taking some profits off the table, but then recalled the words of Jesse Livermore about all the real money he ever made being made by him sitting on his hands and decided to sit on my hands as well. I tuned out of the market and focused on doing some work for a change. I just looked back at the market and was pretty amazed at the result. <br /><br />20% up day for REDF! Thank you, TOF, for recommending this one to us! Your research has been duly rewarded. I remember you had a very large position in REDF -- congratulations!<br /><br />I had a small position in REDF (picked up 1000 shares at $2.05 and then added 2000 at $1.92), but the absolute gain today is still pretty decent by "trading" standards. Since I am going to Laguna Beach next week, I figured I need some "feel good" money for that trip, and so I have just put up for sale 2000 shares at $2.40, so as to book a $1K profit on that bunch and dine only at nice restaurants at Laguna Beach. :) Unfortunately, it turned out that REDF is very thinly traded after hours, and even though the bid/ask were 2.40/2.48, only 600 shares were filled at $2.40 and the bid/ask shifted down to $2.32/$2.40. Let's see if someone decides to buy the remaining 1400 shares from me at $2.40 later on today.<br /><br />The nice things don't stop with REDF, however. ECU.TO was flat when I looked at the market this morning, but it ended the day up 6.15%. Since I have 1/4 of my portfolio in ECU.TO, the absolute gain was pretty significant. My first sell limit order on ECU.TO is at $1.01 for 1/7 of my position, so I have to enjoy only "paper gains" for now.<br /><br />Overall, today was my biggest absolute gain in 2010 and probably the biggest 1-day gain ever, exceeding even the gain I had during the flash crash when I was heavily short. Switching from a net short to a fully long position at around 1050 on S&P might do wonders to my portfolio if the uptrend keeps up. The OptionsHouse account in which I was doing all my crazy ultrashort and put options trading is up 10% YTD now, after being down 10% in late April.Davidhttps://www.blogger.com/profile/01511765703071689959noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-43251368510653788072010-09-02T13:27:00.857-07:002010-09-02T13:27:00.857-07:00TOF - Congrats on your trades, may they continue i...TOF - Congrats on your trades, may they continue in your favor! ;)Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-74227533137703414772010-09-02T13:21:47.640-07:002010-09-02T13:21:47.640-07:00Let it go Shark.
This guy is obviously totally gay...Let it go Shark.<br />This guy is obviously totally gay on you and doesn't know how to channel his own self-loathing.<br /><br />He would follow CP's advice, but he's like a 13 yr old girl and is trying to tell you how much he wants you by calling you names. That's why he relates to you as 14. Remember, you judge others by your own viewpoint. So judging by his posts he's a somewhat retarded gay 13 yr old. How can you win with that? Besides, he's under aged.<br />It's always possible his anger comes from being a loser and he can't afford a room, being 13 yrs old, angry and gender confused . I think he might be a little jealous of the Filipino chick too. <br /><br />I'm pretty sure CP got it right.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-60157039276023415772010-09-02T13:12:33.955-07:002010-09-02T13:12:33.955-07:00why am i wasting my time reading this cyber-verbal...why am i wasting my time reading this cyber-verbalfight?<br /><br />by the way, i believe today was my best gain this year. up about 12% total, thanks in part to a much too large REDF position (which i'm holding long term), to a smaller position in PIR (which I once again closed too early), a small call option position in RBCN and a small stock position in RBCN. STT was down, but it's sure to break $40 on this upswing...i hope.<br /><br />2nd - did you cash in 100%?teamonfuegonoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-30844739684016319032010-09-02T13:09:49.442-07:002010-09-02T13:09:49.442-07:00sharkie - "polar figure" Careful now, yo...sharkie - "polar figure" Careful now, you know how your soft pillow-talk and choice of phrases often lead to involuntary convulsive orgasm...Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-89893936133204388302010-09-02T13:06:40.414-07:002010-09-02T13:06:40.414-07:00---And I'm not kicking anybodys ass ok?
Well,...---And I'm not kicking anybodys ass ok?<br /><br />Well, you threatened to kick mine. Remember? I offered get-together so you could do just that - and you elected to disappear for a week or so.<br /><br />---I am actually just a sensitive intelligent guy who likes to speak his mind.<br /><br />Intelligent you are not. You are an idiot. Sensitive one, okay, maybe. Likes to speak - granted. His mind - gotta have one for that. <br /><br />---I would have a fuller measure of respect for your opinions about me if I merely knew your made-up blogging handle....not your actual name.<br /><br />See? Idiot. I can make up any, how in the world would it help you? <br /><br />---Call me a narcissist. Really...call me one:) <br /><br />Nope. Idiot. And probably closet homo, by the way you speak.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-88290872036905750412010-09-02T13:01:39.381-07:002010-09-02T13:01:39.381-07:00Look at that 1090 and 2200. Not too bad.Look at that 1090 and 2200. Not too bad.MarkWhttps://www.blogger.com/profile/10115276845896649502noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-22868853273533659262010-09-02T12:54:21.942-07:002010-09-02T12:54:21.942-07:00And I'm not kicking anybodys ass ok?
I am act...And I'm not kicking anybodys ass ok?<br /><br />I am actually just a sensitive intelligent guy who likes to speak his mind. <br /><br />As Mark once suggested and guys don't take it the wrong way, but the Klan rode around doing their thing cloaked in anonymity right?<br /><br />I would have a fuller measure of respect for your opinions about me if I merely knew your made-up blogging handle....not your actual name.<br /><br />It's probably my own quirk but I prefer being kicked and beaten, metaphorically speaking by someone whose face I can see.<br /><br />Finally I don't copy and other bloggers because, as I'm sure you can believe, I actually don't look at any other blogs than this one. Call me a narcissist. Really...call me one:)sharknoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-38922094546386998252010-09-02T12:53:38.022-07:002010-09-02T12:53:38.022-07:00CADC - I suspect they're pulling the same tric...CADC - I suspect they're pulling the same trick as was done with PIR yesterday, beating it down just prior to earnings.Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-30123267269947404442010-09-02T12:50:43.264-07:002010-09-02T12:50:43.264-07:00LOL, sold too early again.
Its a curse I have!LOL, sold too early again. <br /><br />Its a curse I have!cheapybobhttps://www.blogger.com/profile/08720367580095655196noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-41244999536660498382010-09-02T12:49:17.100-07:002010-09-02T12:49:17.100-07:00sold UNG at 6.36 again for another $740 profit, ne...sold UNG at 6.36 again for another $740 profit, net total for the day after comm was $1540, all flat nowcheapybobhttps://www.blogger.com/profile/08720367580095655196noreply@blogger.com