Boiler Room: The Official Stock Market Discussion

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Ohene

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i get out of my XLY puts Friday...tired of it going down only to bounce back up and go green intraday.

literally 2 days later I finally get the 1% red day I was looking for. Could be back to break even right now smh.

IT NEVER fukkING FAILS :mindblown:
 
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88m3 said:
gopro on the move


:why:
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I can't think of any recent IPO that hasn't dropped, if not substantially, at some point within the six months or so of the IPO. Timing the market is difficult, but if you can get puts at the right time, you will eat. Or short it if you're really ballsy.

Technically, looks like it can sustain where it's at for a little bit longer. There will probably be some random news or a real bad market day that will start to big drop. I'm waiting for the MACD to form that hump that makes it look ready to jump off a cliff.

If I buy puts, I'm probably going January. Don't see it coming down by October.

I hesitated on WUBA puts because they were expensive when the price jumped from $38 in May to $58 in July and it's back to $38 today.


:noah:
 
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Domingo Halliburton said:
what was up with Radio Shack's complete reversal today? one minute it's down 10-15% on a downgrade and now it's up 10% on the day.
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A top analyst said bankruptcy is imminent and shares will be worthless... why it went back up, I don't know... I guess there are enough speculators that believe RSH will receive rescue financing to avoid bankruptcy.

I was interested in capitalizing on the momentum of the rescue financing news last week, but was too afraid to jump in as it kept skyrocketing. Would not touch it now. Too risky for me.
 
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Brady Hoke's Artery said:
A top analyst said bankruptcy is imminent and shares will be worthless... why it went back up, I don't know... I guess there are enough speculators that believe RSH will receive rescue financing to avoid bankruptcy.

I was interested in capitalizing on the momentum of the rescue financing news last week, but was too afraid to jump in as it kept skyrocketing. Would not touch it now. Too risky for me.
Click to expand...

CWTR did same thing for some reason... down 75% on bankruptcy rumors one day, 30% dead cat bounce the next day, then a slow walk to zero

I guess people people are always looking to jump in and play it to the end
 
Domingo Halliburton

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Brady Hoke's Artery said:
A top analyst said bankruptcy is imminent and shares will be worthless... why it went back up, I don't know... I guess there are enough speculators that believe RSH will receive rescue financing to avoid bankruptcy.

I was interested in capitalizing on the momentum of the rescue financing news last week, but was too afraid to jump in as it kept skyrocketing. Would not touch it now. Too risky for me.
Click to expand...

Yeah I wouldn't touch that piece of shyt
 
Hiphoplives4eva

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Brady Hoke's Artery said:
A top analyst said bankruptcy is imminent and shares will be worthless... why it went back up, I don't know... I guess there are enough speculators that believe RSH will receive rescue financing to avoid bankruptcy.

I was interested in capitalizing on the momentum of the rescue financing news last week, but was too afraid to jump in as it kept skyrocketing. Would not touch it now. Too risky for me.
Click to expand...

What are you doing for the Ali Baba Ipo? When does it drop?
 
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Hiphoplives4eva said:
What are you doing for the Ali Baba Ipo? When does it drop?
Click to expand...

It just depends what it opens at. I'm sure it will price at $66 for rich folk and end up opening to us lowly retail investors at something ridiculously inflated between $80 and $90, due to the hype. I want to capitalize on the frenzy, but if it opens too high, afraid there won't be much meat on the bone for a quick trade and could end up the typical Wall Street Walkdown that leaves dumb money pouring money in, watching smart money sell, then dumb money panic selling for the smart money to come scoop back up later. I usually wouldn't even chance a short-term hype play, but I'm intrigued because Alibaba is dominant, smart, and hasn't even tapped the full power of the Chinese market, nor international market yet. I'm sure they're going to be actively targeting companies for acquisition to gain international market share and will become a household name here. Hell, they might buy YHOO. I could see GRPN too.

SFTBY owns a lot of BABA. Might be a safer short term play and buy to hold BABA on any sort of pullback.
 
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