Boiler Room: The Official Stock Market Discussion

[Futuristic Eskimo]

Dude its a messageboard you can't sound agitated. You gotta stop thinking somebody agitated to make yourself feel important. You can assume that I'm glossing over something but that don't make it true. Also hell are you talking about learning anything here? I'm not glossing over nothing but we are not going to agree cause you on some stupid stuff regarding this so yeah it would be better if you don't reply. You clearly don't know what your talking about on this.

 

[GoPro]

All MNKD breh. I dropped 40Gs, 10 of that on margin. Got in at 5.76, it's at 6.60 right now. Might hit 10 by January. Its not for the faint of heart though. Keep your eyes peeled.

I swear to God every time I mention this stock up here it falls steep. No more.

 

[Domingo Halliburton]

what is with these desperate companies turning into REITs?

http://www.businessweek.com/news/20...ng-plan-said-to-turn-operating-unit-into-reit

Caesars Entertainment Corp. presented a plan to creditors (CZR:US) that would restructure the debt of its biggest unit by turning it into a real estate investment trust, according to two people with knowledge of the proposal.

The casino operator’s plan would convert Caesars Entertainment Operating Co. into a property company that owns its casinos and a unit that would manage them, said the people, who requested anonymity because the proposal isn’t public.

Caesars is trying to wrangle the support of dozens of creditors holding $18.4 billion of debt to try to push through a pre-arranged bankruptcy plan. The Las Vegas-based company plans to reveal its proposal today after lender Silver Point Capital LP exited restructuring talks, becoming at least the second lender to do so in the last month, people familiar with the matter said earlier today.

 

[philmonroe]

I guess we found something we can agree on feel the same way about your post to me. Let's just leave it be you think your way is better idgaf cause it don't help my pockets and I'm pretty sure vice versa so if you still got something to say just pm me and keep it out the thread. Otherwise hope your strategy works for you

 

[Domingo Halliburton]

record trading in the junior gold miners etf:

 

[无名的]

Saudis increased crude exports last month.

They'll have to crack soon.

I can't find the article this second, but I just saw something about output cuts likely and Brent should be moving back towards $90 a barrel.

 

[Futuristic Eskimo]

I can't find the article this second, but I just saw something about output cuts likely and Brent should be moving back towards $90 a barrel.

Its all timing. Output cuts have to happen, but its a waiting game at this point. Any price targets on crude are conjecture. The market has all information priced in.

 

[88m3]

what is with these desperate companies turning into REITs?

http://www.businessweek.com/news/20...ng-plan-said-to-turn-operating-unit-into-reit

Caesars Entertainment Corp. presented a plan to creditors (CZR:US) that would restructure the debt of its biggest unit by turning it into a real estate investment trust, according to two people with knowledge of the proposal.

The casino operator’s plan would convert Caesars Entertainment Operating Co. into a property company that owns its casinos and a unit that would manage them, said the people, who requested anonymity because the proposal isn’t public.

Caesars is trying to wrangle the support of dozens of creditors holding $18.4 billion of debt to try to push through a pre-arranged bankruptcy plan. The Las Vegas-based company plans to reveal its proposal today after lender Silver Point Capital LP exited restructuring talks, becoming at least the second lender to do so in the last month, people familiar with the matter said earlier today.

that's a ridiculous amount of debt..

 

[Futuristic Eskimo]

More bad data out of China. I think the downside risk in a lot of the China growth projections wasn't accurately accounted for. Sub 7% is looking very likely for FY2015.

 

[Futuristic Eskimo]

And 120 USD/JPY was the obvious trade of the year but its right here. Where do we go from here? 125? 130?

 

[无名的]

1 more day and I'll keep my $930 premium from the $15 expired Achillion call. So much sweeter knowing it touched $15 exactly and went back down.

Thank you based Achillion.



Now just need to figure out which contract to write next.

 

[Domingo Halliburton]

GPRO announced a couple secondary offerings before but this is the one that takes down the stock?


and who the hell is Independence Realty Trust (IRT)? traded 40 times average volume today.
edit: now that I look at it they priced an offering.

 

[Domingo Halliburton]

KerrisDale Capital created its own twitter account to talk about their short position in Globalstar (GSAT). I think we hit a new low here.

 

[Domingo Halliburton]

And 120 USD/JPY was the obvious trade of the year but its right here. Where do we go from here? 125? 130?

140

 

[Futuristic Eskimo]

140

Theyre going to have to repudiate that debt in the future.