Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

http://www.bloomberg.com/news/artic...ason-made-millions-from-penny-stock-financing

Always see posts advising to avoid penny stocks due to how easily they're manipulated so I found the details(new to me) in this article quite interesting. Hell of a hustle/come up.

Yeah its manipulated. Dont do it. This guy had a few hundred grand for mezzanine loans to penny stock companies. You got that?

 

[OSUBaneBrowns]

Are vix and vxx inverse ETFs that would go against what the stock market is doing right now with the futures and the current exchange rates?

 

[analog]

Yeah its manipulated. Dont do it. This guy had a few hundred grand for mezzanine loans to penny stock companies. You got that?

Nah I ain't built for that penny game Article was purely informational for me.

But say breh what do you think of VRX? How much more upside left on that thing?

 

[Domingo Halliburton]

Nah I ain't built for that penny game Article was purely informational for me.

But say breh what do you think of VRX? How much more upside left on that thing?

I don't know enough about them other then their business model seems to depend on acquiring other companies.

 

[Domingo Halliburton]

Are vix and vxx inverse ETFs that would go against what the stock market is doing right now with the futures and the current exchange rates?

Basically the vix is up when the market is down. Good way to hedge. You can't actually buy vix but you can buy options and futures on it. Vxx is the etf and it buys short term vix futures.

 

[Futuristic Eskimo]

Buy equities in a topped out market instead of USO puts brehs

 

[Domingo Halliburton]

NYSE having some issues this morning.

eMini liquidity fell off a cliff around 10 AM but now there's a lot of aggressive buying.

 

[CosbyMadeMeSellDrugs]

it has been my understanding that naked options are when you don't own equity in the company am I correct?

 

[ill]

By the way apple is way outsized right? We're taking profits, yes?

Always been run up with the hype, sell off on the actual news.

 

[ill]

Ackman and Carl still going at it? New fraud investigation on Herbalife....except its on Ackmans side and they think his own people gave bullshyt reports to fukk with Carl.

 

[Ohene]

It was an easy call that the spy would top near 211. Made it...but barely profited off it

Shouldn't fall too far below 204 if at all.

But if it does be aware

 

[Domingo Halliburton]

it has been my understanding that naked options are when you don't own equity in the company am I correct?

Yes.

covered calls and protective puts is where you own the underlying stock

 

[CosbyMadeMeSellDrugs]

Yes.

covered calls and protective puts is where you own the underlying stock

Thats what I thought.. Scottrade still keep telling me no uncovered options when I try to pick up some

 

[OSUBaneBrowns]

Why are some investors concern about the U.S. dollar rising and gas prices falling? Would that be good for the economy overall because more people would be likely to spend and travel more since gas is cheap? Plus since the light may be showing at the end of tunnel with the shytty market for the last couple of years, could we be heading back into a bull economy in the near future?

 

[Domingo Halliburton]

Why are some investors concern about the U.S. dollar rising and gas prices falling? Would that be good for the economy overall because more people would be likely to spend and travel more since gas is cheap? Plus since the light may be showing at the end of tunnel with the shytty market for the last couple of years, could we be heading back into a bull economy in the near future?

makes our companies products more expensive overseas with a stronger dollar.

energy is a big part of these stock indexes so falling energy prices isn't exactly helping their bottom line.

but yes, hopefully the consumer does pick up the slack and spend money they wouldn't otherwise have with gas where it is.

and you are right after years of having interest rates at zero the fact that the market is going to freak out about a 25-50 basis point hike seems like an overreaction.