Boiler Room: The Official Stock Market Discussion

Domingo Halliburton

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That ARWR yesterday :patrice: took a hit to my portfolio :mjcry:

I'm only in for 2k, but lost half of it yesterday

Yeah I saw that. I was in and out of ARWR. I wanted to put a straddle on it because I was expecting a big move I just wasn't sure what direction. That's the problem with these bio techs they can either soar or lose half their value.
 

无名的

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Oil in the 84s.

:damn::damn::damn:

I bought some EPE puts and sold for $200 on the way back up, but then it tanked back down towards the end of the day. Down almost $6000

:sadbron:
 

GoPro

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That ARWR yesterday :patrice: took a hit to my portfolio :mjcry:

I'm only in for 2k, but lost half of it yesterday

I know how you feel breh. I got hit for half of one of my 2G stocks too. I was a neophyte tho. Now I have stop limits at 90% of all my purchase prices.
 

GoPro

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Oil in the 84s.

:damn::damn::damn:

I bought some EPE puts and sold for $200 on the way back up, but then it tanked back down towards the end of the day. Down almost $6000

:sadbron:

4TUgVFzoNZdDKCbZU3psQNUu3yhFpcGfYymTZ-_ZaEHU-Y9vqIEDOZfRtML1Ijs=w284-h200-nc
 
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Why were you brehs long crude this entire time :damn:lower global growth estimates have added even more downside risk. I'm seeing some of the names I was in previously down 5%+ almost everyday.

Might be time to take a gamble though :steviej:
 

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Why were you brehs long crude this entire time :damn:lower global growth estimates have added even more downside risk. I'm seeing some of the names I was in previously down 5%+ almost everyday.

Might be time to take a gamble though :steviej:

I was stuck in a covered call that didn't seem worth closing at the time.

:scust:

All of these fukkers are down 25 to 50 percent at this point, which is mind blowing, since most of them are hedged for years.
 

Ohene

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Why were you brehs long crude this entire time :damn:lower global growth estimates have added even more downside risk. I'm seeing some of the names I was in previously down 5%+ almost everyday.

Might be time to take a gamble though :steviej:
i was only in $400 :manny: in XLE calls. I wanted to sell but it would always bounce back up intraday giving me hope. When it rains it pours though. There is money to be made off this correction but.timing is everything .

L taken
 

Ohene

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not a good time to open any new positions I dont think though. too much turbulence and the amount of upside is :scusthov:

good time for professional traders though
 
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I was stuck in a covered call that didn't seem worth closing at the time.

:scust:

All of these fukkers are down 25 to 50 percent at this point, which is mind blowing, since most of them are hedged for years.
Anxiously waiting on updated Kuwaiti and Iraqi prices to come out. If OPEC doesn't get on the same page and a major price war breaks out, things could get ugly for American producers.
 

Hiphoplives4eva

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Why were you brehs long crude this entire time :damn:lower global growth estimates have added even more downside risk. I'm seeing some of the names I was in previously down 5%+ almost everyday.

Might be time to take a gamble though :steviej:
ISIS is fukking up the crude game breh. Prices being pressured downward. Even the saudi's are lowering prices to stay competitive. Possible good entry point though...:ehh:
 
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ISIS is fukking up the crude game breh. Prices being pressured downward. Even the saudi's are lowering prices to stay competitive. Possible good entry point though...:ehh:
IS activity in Iraq should be driving up prices marginally if anything. The amount they sell at at discount is miniscule and has no effect on the market. I cant believe they were able to get in on the crude game though:russ:You've got to respect the ingenuity.

I'm waiting until it stabilizes. Brent's chart the last 3 months is quite ugly.
 
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