sharkwing1 All American 690 Posts user info edit post |
anyone buying glw ahead of earnings? 7/29/2008 11:14:44 AM |
ImYoPusha All American 6249 Posts user info edit post |
i want to. if i can get my shit straight i am.
wanted to buy Juniper last week too before their earnings, but missed the boat on that one too
[Edited on July 29, 2008 at 4:27 PM. Reason : .] 7/29/2008 4:26:37 PM |
ssjamind All American 30102 Posts user info edit post |
^^ i suck at timing earnings. i bought it a while back 7/30/2008 1:02:11 PM |
ncsuREMY9 All American 1805 Posts user info edit post |
i wish BDK would come back down into the mid-50's so i can buy already 7/30/2008 1:46:30 PM |
NCSUMEB All American 2530 Posts user info edit post |
Mastercard reports tomorrow, big day hopefully 7/30/2008 4:00:07 PM |
David0603 All American 12764 Posts user info edit post |
V today and trading was halted 7/30/2008 4:33:34 PM |
David0603 All American 12764 Posts user info edit post |
Beat earnings estimates by 11 cents 7/30/2008 4:46:08 PM |
ncsuREMY9 All American 1805 Posts user info edit post |
bad news on GDP and jobs and after two days of gains, the market is....flat. i know oil has been down but i just do not understand the basis of the buying interest this week, particularly in financials and retail. we are arguably in recession and will not break out of this credit crisis/housing slump at LEAST until 2009. expect another pullback in the coming week... 7/31/2008 11:04:47 AM |
aea All Amurican 5269 Posts user info edit post |
grrrr.... I am so sick of losing money. 7/31/2008 12:17:55 PM |
drunknloaded Suspended 147487 Posts user info edit post |
lol the point of the stock market is to buy low and keep it for like many numerous years...you are like 22 years old 7/31/2008 12:20:13 PM |
David0603 All American 12764 Posts user info edit post |
Thanks for the econ 101 lesson. 7/31/2008 1:02:35 PM |
drunknloaded Suspended 147487 Posts user info edit post |
you are very welcome...likewise i'd like to thank you for the lesson in shitty sarcasm 7/31/2008 1:09:42 PM |
ScHpEnXeL Suspended 32613 Posts user info edit post |
i always thought the point was to make as much money as possible 7/31/2008 1:11:38 PM |
David0603 All American 12764 Posts user info edit post |
No, you never sell, just keep buying low until you die. 7/31/2008 2:04:55 PM |
aea All Amurican 5269 Posts user info edit post |
^^^^^ I guess it's a GREAT thing these stocks have been in my name for over 15 years then?
OH WAIT, I lost tons already from what I had, which wasn't much to begin with, seeing as this is all I have to support myself and pay for graduate school.
go back to chit chat 7/31/2008 3:16:58 PM |
drunknloaded Suspended 147487 Posts user info edit post |
^ummmmmm how bout you leave the moderator jobs to the moderators...i was already warned about this thread(which imo, ^ is worse than any of the 3 posts i had, because you made the effort to reply to something that was a moot point and over a few hours old) and didn't plan on posting in here anymore
anyways, back to the topic, my portfolio is up about 4.75% this year] 7/31/2008 3:20:56 PM |
David0603 All American 12764 Posts user info edit post |
Sheesh. How many times you going to edit that post?
401K is down 11% Company stock in ESPP is up 18% 7/31/2008 3:49:15 PM |
TroleTacks Suspended 1004 Posts user info edit post |
Quote : | "anyways, back to the topic, my portfolio is up about 4.75% this year" |
Which stocks or funds are you in?7/31/2008 3:55:36 PM |
David0603 All American 12764 Posts user info edit post |
3 year old cds? 7/31/2008 4:02:12 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
Quote : | "For the period (01/01/2008 - 07/30/2008) -11.96% " |
woot, it's getting better!7/31/2008 4:27:02 PM |
aea All Amurican 5269 Posts user info edit post |
ytd- I'm at about -10%. not as bad as the other financials though. :/ 7/31/2008 4:45:09 PM |
Doss2k All American 18474 Posts user info edit post |
Its obviously my fault guys, the 2 days I am out of town and dont look at the market one bit we have two really nice days, come back into town today and the kiss of death strikes again. Be prepared August 12-14 I will again be out of town so feel free to load up! 7/31/2008 4:48:34 PM |
David0603 All American 12764 Posts user info edit post |
Yeah, I was down 14% 2 days ago and check today and got a nice surprise. 7/31/2008 5:01:58 PM |
lafta All American 14880 Posts user info edit post |
I've been playing the cnbc stock challenge, the winner was annouced today
http://www.cnbc.com/id/15840232?video=806158505&play=1
watch the annoucer joking about the guy being bald, then hear him talk about why he's bald 7/31/2008 5:34:02 PM |
Doss2k All American 18474 Posts user info edit post |
well if my usual trend holds, today will finish bad (hopefully not any worse than already) tomorrow and wednesday will be pretty good, but then thur, fri and monday will be horrid again. 8/4/2008 11:12:14 AM |
lafta All American 14880 Posts user info edit post |
this is my first official day of trading with real money my first two buys were sambw and cpbrw
sambw opened at 0.03 and went to 0.04 except is screwed up the buy order and put buy at 0.02 and missed the 33% gain oh well 8/4/2008 12:31:50 PM |
PackBacker All American 14415 Posts user info edit post |
...
[Edited on August 4, 2008 at 1:20 PM. Reason : ] 8/4/2008 1:19:36 PM |
CharlesHF All American 5543 Posts user info edit post |
Alright I'm back to civilization after spending a week diving in Chuuk Lagoon. What'd I miss.....??? 8/4/2008 3:56:27 PM |
theDuke866 All American 52829 Posts user info edit post |
nice run today. i beat the market by a little.
whatever...if it crashes again, i'll be ready to buy some more 8/6/2008 12:01:03 AM |
lafta All American 14880 Posts user info edit post |
what are yall's thoughts on penny stocks im thinking of signing up to one of these penny stock websites to get stock picks 8/6/2008 11:05:43 AM |
David0603 All American 12764 Posts user info edit post |
8/6/2008 11:27:17 AM |
CalledToArms All American 22025 Posts user info edit post |
my 401k is still doing terrible this year now bah 8/6/2008 11:28:17 AM |
David0603 All American 12764 Posts user info edit post |
How bad?
Personal Rate of Return from 01/01/2008 to 08/05/2008 is -11.7%
[Edited on August 6, 2008 at 11:35 AM. Reason : ] 8/6/2008 11:28:59 AM |
steviewonder All American 6194 Posts user info edit post |
my 401k is down 11.5% so far this year, but has been starting to rebuild. My first year pushing into it, and employer match comes in a month so its all good. 8/6/2008 11:37:07 AM |
David0603 All American 12764 Posts user info edit post |
It's only once a year? 8/6/2008 12:01:09 PM |
CalledToArms All American 22025 Posts user info edit post |
^^^ about the same like -11.2% I know everyones is, I didnt meant to say mine was doing worse than others but I was positive until the past few weeks 8/6/2008 12:57:25 PM |
steviewonder All American 6194 Posts user info edit post |
^^ my anniversary is September 5, I think it is a per-paycheck thing.
[Edited on August 6, 2008 at 1:04 PM. Reason : nvm] 8/6/2008 1:01:22 PM |
David0603 All American 12764 Posts user info edit post |
Ohhh. I see what you are saying now. Yeah, it's usually per paycheck once you are eligible. 6 % automatic raise ftw. 8/6/2008 1:15:03 PM |
David0603 All American 12764 Posts user info edit post |
Quote : | "I was positive until the past few weeks " |
Damn dude. What the hell kind of crazy asset allocation do you have.8/6/2008 1:39:45 PM |
PackBacker All American 14415 Posts user info edit post |
I'm calling shenanigans 8/6/2008 4:49:03 PM |
theDuke866 All American 52829 Posts user info edit post |
^^ i was briefly positive a couple of months ago...now i'm back down about 9.5%
(this is in my brokerage acct, not my IRA which is full of index funds) 8/6/2008 6:48:26 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
Anybody else have SIRI? I'm trying to figure out what happened to it today. My history shows a name change but it's still on the ticker. 8/6/2008 6:50:50 PM |
CalledToArms All American 22025 Posts user info edit post |
^^^it was a few weeks farther back than I thought but, 6 weeks ago:
Quote : | "im sitting at about +5% in my 401k atm for the year." |
im like 30% spread out among small cap growth and value, 40% spread out among large cap value, growth, and some other index, 20% in foreign stocks, 10% in company stock which has been beating the market consistently since Ive worked here.
[Edited on August 6, 2008 at 7:06 PM. Reason : ]8/6/2008 7:05:55 PM |
TroleTacks Suspended 1004 Posts user info edit post |
What is the prevailing wisdom on oil sagging? Have our driving habits put that much of a dent into the demand? 8/8/2008 11:48:22 AM |
David0603 All American 12764 Posts user info edit post |
no 8/8/2008 11:57:08 AM |
TroleTacks Suspended 1004 Posts user info edit post |
http://bigpicture.typepad.com/comments/2008/08/betting-on-bear.html
I don't know a ton about option trading (only what a put and call is) but can someone explain these numbers?
Trying to figure out how $1.7 million equals 5.7 million options and $270 million in profit, etc. 8/11/2008 12:06:36 PM |
kwsmith2 All American 2696 Posts user info edit post |
So someone bought puts on 5.7M shares of Bear stock
Those puts cost of $1.7M at the time they were purchased.
At by the time Bear collapsed the same puts were worth $270M.
Basically the puts orginally went for 30 cents and then sold for $47 8/11/2008 12:16:34 PM |
TroleTacks Suspended 1004 Posts user info edit post |
You can understand why I am confused. You're telling me the puts cost 30 cents, but this is at the link
Quote : | "It was pretty clear at the time that Bear was in deep trouble. And as we noted on the evening of March 10 (Rumor of the Day: Bear Goes Belly Up), paying $4 for a $60 put was expensive." |
Wouldn't it be, if the puts cost $4, you get 425000 of them for 1.7 mil to exercise at ~$65. And the stock went effectively to zero?
Thats the only way I arrive at $270 mill with the numbers in the link
[Edited on August 11, 2008 at 12:29 PM. Reason : x]8/11/2008 12:22:46 PM |
kwsmith2 All American 2696 Posts user info edit post |
Accordingly to the article a $60 put cost $4
However, a $30 put cost $0.30
That's a steep drop but with a few days to expiry it is not unreasonable.
As a caveat, I am taking all this info from the article. I do not have any independent verification of options prices and so I don't know if there is a typo.
Now that I think about there must have been some typo or error because $30 put cannot go for $47.
[Edited on August 11, 2008 at 12:31 PM. Reason : .] 8/11/2008 12:29:31 PM |
TroleTacks Suspended 1004 Posts user info edit post |
Yeah, I can't figure it out either...granted, I don't know much about options, but I'm stumped.
Edit:
Ok, I got it now, you gotta follow the bloomberg link to get more info
Quote : | "The 57,000 puts that traded March 11 at the $30 strike price and the 1,649 that traded at $25 were collectively worth about $1.7 million, Bloomberg data show. Each put is equal to 100 shares of stock. " |
[Edited on August 11, 2008 at 12:36 PM. Reason : x]8/11/2008 12:33:43 PM |