Boiler Room: The Official Stock Market Discussion

aliG

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have you guys heard of this trading platform called Level2 or Level3? my buddy says its amazing.
 
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gold and gold miner ETFs acting crazy last second of the day. GDX plunged 10%

B39hli_CUAAzHcw.png:large



to combat this just start placing trailing bids down 10% from the spot price and it's like instant money

Has it been doing this?
 

Domingo Halliburton

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Has it been doing this?

Not this stock specifically. But it happened to apple on Monday and home depot last week. Its these damn computer algorithms that cause this. I honestly dont know why someone hasn't stepped in. The thing is it happens over a second or so then snaps back to its original price.

The markets have something called LULD (limit up/ limit down) that if a 10% move like this happens it hits the limit and gets halted. So I guess they've addressed it somewhat. Still it's ridiculous.
 
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Ohene

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TLM and PWE keep dropping :blessed:

I dont wanna make any trades until the new year but hopefully it drops to a level where I cant resist buying and holding equity

Carl Icahn taking a serious L on TLM
 

Ohene

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Canadian Oil Sands getting killed after the divvy cut.
in that case the other firms may follow suit and this is probably why the Canadians are down so much :myman:. The prospect of a cut shuld be relatively priced in to some others but I'll wait for official news with them. i was looking at COS yesterday too but didnt like their financials. With this cut out of the way however it may be a good idea to get in soon. Not much further it can go down and the dividend is still a hefty 7%. If a dividend cut prevents higher debt/interest going forward its worth it to me :manny:

P/E ratio below 10.
Trading a bit below equity value.
One of the better short term liquidity situations compared to other oil giants in Canada (if not the best)
RSI of 16


Officially on my watch list :ehh:. Will buy some 50-100 shares within the next two weeks.

edit: PWE trading at only 2.5 times its Levered Free Cash Flow :ohhh:

Cant it go any lower. For it to not be trading at at least 5 times is crazy.
 
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无名的

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@Brady Hoke's Artery any current thoughts on CERE? Its been a rough 6 months im down about 40 percent. I am not panicking, but god damn how can a stock dip this low :why:

Not shyt has changed in my opinion. Same old story. Good scientists, horrible businessmen. Don't give a shyt about shareholder value. Releasing fukking PR in Portuguese, but not English. They have cash to run through 2015 I believe, so if the price doesn't move in the next few months, expect a reverse split to stay on Nasdaq. An analyst basically said what tricks can you pull to bring the price up and the CFO said he expected the fundamentals to bring the price above $1 before the compliance date
:mjlol:
, but they'd look at other measures like a reverse split.

:mjcry:

The price is also being horribly manipulated. If you watch the Level 2, you'll have all or none orders that exceed the daily trading volume that constantly pop up when the price moves up to create a wall. Not sure who is doing it or why, but they're doing it.

The market cap is now like 11 million.

:dwillhuh:

I'm down like 75% at this point.

:yeshrug:

I'm getting absolutely raped by EPE, CERE and SH.








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