100 @ 218.44
Took my mini L and pulled out right before closing, i'm never doing that shyt again.
It says the rumored buyout is between 17 and 18 billion. That puts the final share price between $223 and $236 or so. You might make anywhere from a few hundred bucks to a few thousand. Not sure if that risk is worth it for me. Inevitably share prices always trickle back down after buyout rumors, unless it's 100% solid, offer on table... so you'll either need some courage and patience, or cut out now.
Hopefully the buyout is beyond 18 bill.
@Swagaveli
Probably made a wise move dumping the TWTR calls. shyt won't touch $51 tomorrow. Would have been worthless.
This is why I don't try to get in after crazy runups... down 26% today
On another note. I've figured out a way to get back up one trade at a time - since getting cut in fukkin half with that idiotic TWTR trade
PDT-rule is on my case HEAVY..My broker has these things called CFD's, which are = stocks, just offered by the broker. They allow a playa to trade unlimited amounts, since it's not between me and SEC, but me and the broker. For obvious reasons, these sneaky fukks offer like 3-4 x account leverages on them (with AAPL they offer 10 x leverage)... They only have these for the bigger market cap stocks, and they have to have hella liquidity..
So I just use very tight stop losses, since losses are also magnified, but when getting in at the cheapest points -> I can be making very nice trades.
Could've made fukkin 500 bucks on AAPL today with that 2%ish move - a cool 20% more to my actual account size brehs
MCD has a nice setup there for me (1% moves = 200 in profits playaaa). Tomorrow I'm looking to cop high 98s or low 99s, and sell right at 100 test - or if bulls come in rolling, I ofcourse let it ride.
Do holla if you guys see any nice setups out there. Ya boy starving out here
I'm gonna get back up though, no sweat.
I have never heard of CFDs. Are you American?
Are they like repos?
Edit: Who's your broker? You don't want them pulling a FXCM. Levering up 10-1
What's that counter-party risk looking like, playa?
I'm looking for a long term aggressive mutual fund that I can possibility get quarterly dividends or disbursement if possible. A plus would be that I can buy stocks from the mutual fund to also invest. I'm already have a roth and a traditional investor growth fund with my bank right now if that helps.
