Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

take your profits on Facebook before earnings tomorrow.



option traders really liking the airlines.

edit: I should say they're long calls in airlines.

 

[GoogleMe]

take your profits on Facebook before earnings tomorrow.



option traders really liking the airlines.

edit: I should say they're long calls in airlines.

If tomorrow's report shows that crude inventories increased again, crude could take a hit. Cheaper oil better for airlines.

 

[WeDemBoyz]

If tomorrow's report shows that crude inventories increased again, crude could take a hit. Cheaper oil better for airlines.

Can you respond to my dm?

 

[GoogleMe]

NOK up 8% today....

Nokia could rise more as they finally split from their mobile handset division. They should have more cash when the transaction closes. Hopefully a good portion of that cash will be distributed to shareholders in the future.

 

[NoMoreWhiteWoman2020]

open the markets up

 

[ill]

Good call on Yelp @Bernie Madoff

 

[Domingo Halliburton]

I've actually been hearing some good things about FB going into earnings so now I don't know what to think

 

[GoogleMe]

Shorting yelp at 68 before they bomb earnings Tuesday.
Directors couldn't unload stock fast enough coming into earnings last week
http://finance.yahoo.com/q/it?s=YELP Insider Transactions

Nice trade, and thanks for noting the insider transactions by Max Levchin (co-founder of Paypal). Although, he is on a 10b-5 plan so his transactions are automatic. They announced a secondary offering of $250M Class A Shares. You would expect this stock to be lower than where it's trading at. With current valuation + lower guidance + secondary announcement? YELP fits in perfectly with LNKD AMZN TSLA.

 

[Bernie Madoff]

Nice trade, and thanks for noting the insider transactions by Max Levchin (co-founder of Paypal). Although, he is on a 10b-5 plan so his transactions are automatic. They announced a secondary offering of $250M Class A Shares. You would expect this stock to be lower than where it's trading at. With current valuation + lower guidance + secondary announcement? YELP fits in perfectly with LNKD AMZN TSLA.

As I said already in another post. They manipulated the stock to hit the sell price. Stock fell about 10% off that automatic sale In The days following.

 

[Bernie Madoff]

Yes ^...
Some guy just hit me with "those are automatic sales, so your logic is flawed"

Yeah. I'm sure nobody would ever manipulate a stock higher to hit that sell point

Quite a bump on the 21st of Oct. shares were sold and the stock is down almost 10% since then.. Hmmm

 

[GoogleMe]

As I said already in another post. They manipulated the stock to hit the sell price. Stock fell about 10% off that automatic sale In The days following.

Who manipulated the stock to hit that sell point?

 

[Bernie Madoff]

Who manipulated the stock to hit that sell point?

Think about it. Or maybe it was a coincidence

 

[Ohene]

good time to hold FB equity but not options I dont think.

Impled Volatility is way to high, but you never know...a fella could get lucky.

 

[GoogleMe]

Think about it. Or maybe it was a coincidence

You didn't answer my question breh, but I guess I get what you're getting at, and I don't deny the possibility. Honestly I don't trust 10b5-1 plans, and believe there are many incidents of some abuse of it. All of these regulations enacted by the SEC are drafted by attorneys with incentives. This rule is intended to protect insiders from accusations of insider trading . Also, according to Wiki: "After Rule 10b5-1 was enacted, the SEC staff publicly took the position that canceling a planned trade made under the safe harbor does not constitute insider trading, even if the person was aware of the inside information when canceling the trade." I could go on and on about 10b5-1 plans, but I will leave this here for anyone who wants to read more.

http://www.mofo.com/files/Uploads/Images/FAQ10b51.pdf

 

[Ohene]

I've actually been hearing some good things about FB going into earnings so now I don't know what to think

FB is a train. I can see it hitting 55 after hours. But anything more will surprise me