Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

@Sachs Fifth Avenue was that you talking about Amaya Gaming a while ago?

http://www.forbes.com/sites/nathanv...ng-in-deal-to-buy-pokerstars-for-4-9-billion/

 

[Ohene]

@Sachs Fifth Avenue was that you talking about Amaya Gaming a while ago?

http://www.forbes.com/sites/nathanv...ng-in-deal-to-buy-pokerstars-for-4-9-billion/

been talking about Amaya Gaming for a year now breh . It was a mere $5 when I got in

Not in it anymore (school ended my portfolio) but solid growth stock that is everything I want Zynga to be. The best positioned company in North America for Online Gaming. I dont know what I am doing, need to stop fukking with options and restart this portfolio already

 

[Domingo Halliburton]

been talking about Amaya Gaming for a year now breh . It was a mere $5 when I got in

Not in it anymore (school ended my portfolio) but solid growth stock that is everything I want Zynga to be. The best positioned company in North America for Online Gaming. I dont know what I am doing, need to stop fukking with options and restart this portfolio already

I'm not up on it. I thought America came down hard on those online poker sites and doesn't let them do business like they used to.

 

[Ohene]

I'm not up on it. I thought America came down hard on those online poker sites and doesn't let them do business like they used to.

Quite a few states have legalized online gambling in the last year. I know for certain that New Jersey / Atlantic city was one of em. I havent kept up since school started but regardless what Amaya does is license its software for casinos and such that look to create mobile gaming hubs to compliment their business. For this reason Amaya gaming's margins are gonna be . at its peak

shyt might hit 20....25 by the end of the year. Might hit 20 today

 

[Ohene]

I remember telling a head PM at Invesco for Canadian Equities( to look at Amaya cause he thinks the Canadian market is so boring and I was insinuating that Amaya is his chance at an exciting stock. Once Amaya graduated to the TSE I knew it was off to the races.

I hope he heeded but of course he didnt. They never listen to the young nikkas

 

[Ohene]

the bid and ask right now is at 19.92

 

[Hiphoplives4eva]

Did some heavy reorganization of my portfolio today. Thought i would share.

Aquired a significant portion of DNOW (A oil and gas company that is a spinoff of NOV. Great time to jump in if your bullish on the future growth of the oil and gas industry as am I)

Bought some UnderArmmor (UA) . Been sleeping on this for a while and its appreciated 30% in the past 6 months on my watch list. Apparently they still have significant expansion plans and are expected to grow significantly in the sports garment market.

Sold BP, GNRC, some AMD, and some TCS (an absolute dog i might add)

Also still slowly divesting my weed holdings. Most of which have been terrible performers. Still holding on to ERBB (down 80% :sadcam;) and PHOT (down 60%). I do believe these companies have potential to bounce back, especially after the fall elections when week legalization will hit the news again.

Good luck to all my fellow investors.

 

[Ohene]

Did some heavy reorganization of my portfolio today. Thought i would share.

Aquired a significant portion of DNOW (A oil and gas company that is a spinoff of NOV. Great time to jump in if your bullish on the future growth of the oil and gas industry as am I)

Bought some UnderArmmor (UA) . Been sleeping on this for a while and its appreciated 30% in the past 6 months on my watch list. Apparently they still have significant expansion plans and are expected to growth significantly in the sports garment market.

Sold BP, GNRC, some AMD, and some TCS (an absolute dog i might add)

Also still slowly divesting my weed holdings. Most of which have been terrible performers. Still holding on to ERBB (down 80% :sadcam;) and PHOT (down 60%). I do believe these companies have potential to bounce back, especially after the fall elections when week legalization will hit the news again.

Good luck to all my fellow investors.

you aint even trying to wait for UA to pull back eh? I wonder if theyd ever look into buying bauer or at least LuluLemon. I dont know why the havent acquired Bauer already.

this shyt looks poised to be a double top or cup and handle. I'm done with short term plays but VZ will be my last one if I can get in before its too late. Tech analysis isnt my forte though, @GoogleMe what do you see in here?

I restarted my equities portfolio today buying AMCX. I'm actually really happy its dropped so much from $78 a share though. It was only $6 bucks off my target that I put on it last year in July. Next up is probably LYV, but maybe LAS.A or BAU. Can't believe Amaya today though . And I thought Tsla was a good pick when it was at $55

 

[Spin]

Did some heavy reorganization of my portfolio today. Thought i would share.

Aquired a significant portion of DNOW (A oil and gas company that is a spinoff of NOV. Great time to jump in if your bullish on the future growth of the oil and gas industry as am I)

DNOW looks interesting. I like that they make the parts, pipes, valves, etc. With all the "oil boom" talk going on, companies will need their services to actually conduct business.

The parent company chart looks interesting as well on a monthly. It's hovering around highs after a 5 year consolidation.

BTE and BCEI are some oil stocks I have been looking at.

Also AUY which is a gold play.

 

[7oclock]

things i did this week


sold a strangle in UAL 40/50 strikes - oil prices are rising but i think the news is already baked in and i think UAL will be relatively quiet within these strike


bought a strangle in KR 45/50 - usually a big mover on earnings, so playing this both ways. there was some heavy call buying at the 50+ strikes...but i'm hedging my bet.

calendar put on the DOW

and adjusted my RUT iron condor, selling the bottom wing again - hedged by selling a call spread at the 1150 strike

 

[aliG]

so my buddy last night during the Kings game kept telling me to buy WWE stock. he says its extremely undervalued at 11$. says it will shoot up to 20, 30. anyone believe so?

 

[7oclock]

so my buddy last night during the Kings game kept telling me to buy WWE stock. he says its extremely undervalued at 11$. says it will shoot up to 20, 30. anyone believe so?

we are in a bull market, yet WWE has slowly been dropping. It is undervalued but you have to wonder that if there's a correction that WWE may fall even more.

Also, there's a few issues with WWE which is why it dropped - I do think it should back in the 20's but it may take McMahon stepping down to do so.

 

[BlvdBrawler]

Also still slowly divesting my weed holdings. Most of which have been terrible performers. Still holding on to ERBB (down 80% :sadcam;) and PHOT (down 60%). I do believe these companies have potential to bounce back, especially after the fall elections when week legalization will hit the news again.

I thought you took profits on PHOT?

 

[Donald J Trump]

Im back in the game what yall lookin lookin for a swing play

 

[CosbyMadeMeSellDrugs]

What all you guys read to stay up on the news/markets?