Boiler Room: The Official Stock Market Discussion

[Ohene]

I once told the head of Canadian Equities at Invesco that he should tell his guys to take a look at Amaya gaming because he said the Canadian market was boring. 10 months later and its up 222% . Did he heed? Doubt it. I wonder what these ppl getting these jobs do in the interview anyways

 

[Futuristic Eskimo]

I once told the head of Canadian Equities at Invesco that he should tell his guys to take a look at Amaya gaming because he said the Canadian market was boring. 10 months later and its up 222% . Did he heed? Doubt it. I wonder what these ppl getting these jobs do in the interview anyways

Its all signaling. If you went to Harvard, youre probably smart. HR guy either takes a chance on some non target school kid or a harvard guy. If the harvard guy is useless, hes covered because how could he have known? If the non target kid fails, why the fukk was he given a chance in the first place? All these interviews are the same anyway. After a while, you cant be bad at them.

 

[Ohene]

Its all signaling. If you went to Harvard, youre probably smart. HR guy either takes a chance on some non target school kid or a harvard guy. If the harvard guy is useless, hes covered because how could he have known? If the non target kid fails, why the fukk was he given a chance in the first place? All these interviews are the same anyway. After a while, you cant be bad at them.

...when you put it like that. i hate HR
my manager in that risk mgmt program if I woulda got the job has no idea about anything regarding risk and came from a rotational HR program or sumn. MS Excel questions, options quesitons...anything about the market or the actual work that was involved she would shake her head and make an expression like she didnt know what I was talking about mid answer forcing me to direct my attn to the other interviewer who was a risk manager.

crazy when you think about it.

 

[Futuristic Eskimo]

...when you put it like that. i hate HR
my manager in that risk mgmt program if I woulda got the job has no idea about anything regarding risk and came from a rotational HR program or sumn. MS Excel questions, options quesitons...anything about the market or the actual work that was involved she would shake her head and make an expression like she didnt know what I was talking about mid answer forcing me to direct my attn to the other interviewer who was a risk manager.

crazy when you think about it.

Gotta get around HR any way you can. Any MD that you have a connection with in any way, try to set up a meeting. Its funny, these guys dont even know whats going on at HR. The best description Ive heard of it is a black box of resumes.

 

[Ohene]

Gotta get around HR any way you can. Any MD that you have a connection with in any way, try to set up a meeting. Its funny, these guys dont even know whats going on at HR. The best description Ive heard of it is a black box of resumes.

yep. I had a Director in M&A at RBC try to link me with a job in Leveraged Finance. Called the head of the group up and recommended me but the head said HR was handling it. I knew it was right then and there.

Next time if there is a next time Ill explicitly explain lol

 

[Futuristic Eskimo]

yep. I had a Director in M&A at RBC try to link me with a job in Leveraged Finance. Called the head of the group up and recommended me but the head said HR was handling it. I knew it was right then and there.

Next time if there is a next time Ill explicitly explain lol

Not surprising. At the bigger firms, theres a limit to how much these guys can do for you. The process is much more rigid. Gotta get on those middle market/boutique firms breh.

 

[无名的]

Keep an eye on TRF.

Was down around $12 at the height of the Ukraine-Russia thing. Tensions eased and it moved to $15.50. Down almost 5% today and will probably continue to slide.

On another note... tomorrow will likely buy-write NQ to generate some income

1,000 shares at $4.35
Sell 10 September $5 Calls at $0.82 a contract
Buy 10 September $3.50 Puts at $0.69 a contract to limit downside

Worst case my paper loss is at around $750 if it crashes further... profit capped around $750

edit: premarket at $3.38... might hold off.

 

[无名的]

Bought into NQ today.

1000 shares at $4.98
Sold 10 $6 September calls... net $805.55
Bought 15 $3.50 September puts... cost $843.20

If I get called at $6... I net $978.40

If this thing went to zero... I'd net $228.40



I'm hoping the $6 gets called quick and then the fraud accusations are true and the puts expire in the money.



My paper loss is maxed out at $1524.60 if the calls are never exercised and the puts expired worthless at $3.50. If I'm at any sort of a loss come September, I'll just write a Jan 16 covered call.

Volatile stocks...

 

[tmonster]

MELI
dividend+40-50% analyst pt upside+blazing hot sector+large competitive moat

Still holding

DEJ
strong short term upside

choo choo brehs, it's almost departure time

 

[无名的]

edit

 

[50CentStan]

I know this is not how stocks work, but RIGHT NOW, if you had to take all your savings (50K? 100K?) and bet them on one stock for 6 months-1 year, what would it be?

 

[Big Jo]

I know this is not how stocks work, but RIGHT NOW, if you had to take all your savings (50K? 100K?) and bet them on one stock for 6 months-1 year, what would it be?

AAPL

not going to give you a crazy return but you'll do better than the banks

 

[50CentStan]

AAPL

not going to give you a crazy return but you'll do better than the banks

edit: appreciate it.

 

[tmonster]

I know this is not how stocks work, but RIGHT NOW, if you had to take all your savings (50K? 100K?) and bet them on one stock for 6 months-1 year, what would it be?

MELI

 

[Big Jo]

edit: appreciate it.

you're welcome. but bear in mind that's under the assumption you're putting your entire savings into one stock.

if you were looking to divy out 1/3rd of that 50k into something that's high risk/ high reward, my recommendations would be way different