SOLR closed +1.16 nice

6/14/2011 4:22:10 PM

^Yeah, they announced an expanded production line as I expected. Expect to see some upgrades from analysts in the coming days.

6/14/2011 5:07:07 PM

yeah i saw the news

you still think its gonna get >= $16?

6/14/2011 5:17:37 PM

Chu is one I've been riding hard lately. I've made bank on them and bdx.

6/14/2011 5:25:26 PM

Yes, as long as the market doesn't completely tank. I don't see how this stock can be priced below 20 at this time next year. They are changing their name to GT Advanced Technologies to better represent they arent just a solar player anymore. The only concern I have is the vast majority of their revenue comes from Asia. However, I think they are diversifying there as well, they just announced their plant in Salem, Mass.

6/14/2011 5:25:37 PM

Anyone pick up Pandora today?

6/15/2011 10:43:55 AM

^God no, if I wanted to buy a company that has zero profits in the last ten years id at least buy one like GM that has good political connections.


This entire bubble is insane. Look at everyone rushing to get out now before its too late.


Let me put this in perspective, madoff's ponzi scheme took decades to build and investors "only" lost $18 billion.

Groupon has built a $17 billion valuation while only running a ponzi scheme for TWO years. Charles Ponzi would shit his pants if he saw what Groupon did with his business model. And they've done it legally so they won't even go to jail in all likelihood!

[Edited on June 15, 2011 at 12:06 PM. Reason : a]

6/15/2011 12:03:26 PM

It's not a ponzi scheme when people know what they're investing in, it's just herd mentality.

6/15/2011 12:14:05 PM

^^ I know. The only things worth investing in are gold, canned goods, and bullets.

6/15/2011 2:17:13 PM

You asked about Pandora and I said no. It's a dog just like all these other turds wall street is rushing to market before the bubble pops.

Hey we can't make any money so let's sell the business for money. Genius

6/15/2011 2:46:25 PM

Then why don't you short the hell out of everything?

6/15/2011 2:54:12 PM

You can't short Pandora no one is crazy enough to lend the shares

6/15/2011 3:30:07 PM

Then why don't you short the hell out of everything?

6/15/2011 3:36:49 PM

I may. I mean I'm 100% cash so shorting is the next logical step.

The problem is shorting can get crushed by the fed devaluing the currency. You need like a long gold position to offset that.

The Dow gold ratio is roughly 8:1 and historically it touches 1:1 in an economic collapse, so there's still time to get positioned

6/15/2011 4:15:06 PM

I thought you were heavy into gold.

6/15/2011 4:29:12 PM

I think it's about time to see some trading statements. Absolute figures and number of shares blurred if necessary but clearly showing gains and losses on a % basis.

[Edited on June 15, 2011 at 6:55 PM. Reason : .]

6/15/2011 6:54:50 PM

Bought a lot of SCCO gold and copper mining in Peru, hopefully the new government doesn't fuck over privatized mining. The dividend is really choice as well.

6/15/2011 7:35:35 PM

I've been watching AA the past few days, it's on a steady downtrend. Might be worth a cool 10-20% bounce once it bottoms out. Seems to have broken its support though, so it's on watch.

6/15/2011 8:58:48 PM

Sorry I mistated there I did keep my gold and gold mining ETF in my Roth. But thats only like $9-10k combined. The rest of my IRA and 401k are in cash as of last week.

I think the gold position will also go down some, but gold actually performs relatively well in deflation historically and I think gold has way too much potential for an eventual meteoric rise so I'm not going to sell it.


My returns I don't know off the top of my head but 2008 was awful probably -55% or so as I had a super aggressive portfolio because i was young and stupid. 2009 was unreal because nearly everything i had went bananas (china, asia, gold, aapl, pot, etc) id venture to say it was about 100%.

2010 was in the 20% ballpark i believe as some of my foreign holdings didn't do so well.

2011 I truly have no idea, probably close to breakeven right now if anything.

It'd be impossible for me to give you truly perfect return figures as Ive switched jobs a lot of times so there's been a lot of accounts transferring, 401k's consolidated into my IRA's at midpoints of the year, roth conversions, etc.


The main thing is, my 0% yielding mmkt fun performed great today. It beat the Dow by 200 points. I learned the hard way from 2008 that if I can preserve my capital during a market crash, that I can buy stuff back cheap and get outsized returns. So why keep it in the market now if you know it'll go down in the near/intermediate term?

[Edited on June 15, 2011 at 11:54 PM. Reason : a]

6/15/2011 11:47:39 PM

picked up some DGP and EDC yesterday, and TNA this morning

6/16/2011 11:08:13 AM

Like I said, Pandora is a dog.

It's not an outright ponzi scheme like Groupon though, so it might be worth $2 a share or so in case it ever catches on as a subscription based model

6/16/2011 2:37:58 PM

Quote :

"It'd be impossible for me to give you truly perfect return figures as Ive switched jobs a lot of times so there's been a lot of accounts transferring, 401k's consolidated into my IRA's at midpoints of the year, roth conversions, etc."

lol

6/16/2011 2:51:49 PM

I don't get it? If I open an account and invest $10k bt April and July then the other $6k bt Aug-Dec those returns are going to be highly influenced by timing. My posts are well documented, I admit I lost a lot in 2008 and made it all back in 2009. I told everyone exactly what I was in at the time if you need proof.

Quit worrying about my returns and worry about the Pandora nightmare.

How's my Apple short recommendation looking? Best call of 2011 in this thread I bet

[Edited on June 16, 2011 at 3:14 PM. Reason : a]

6/16/2011 3:06:06 PM

You made money in 2009?

[clap clap clap]

6/16/2011 3:18:26 PM

^^ I'm interested if you shorted AAPL at that price ($327.41) with at least a 1.8% stop you would have needed to still be in it by it ticking on $333.25? Also, if you did have that wide enough stop, and got out below 320 today, then nice. Otherwise you either got stopped out above the entry or you're sitting on a <1% gain at today's close, let me know if I missed a calculation in there.

6/16/2011 4:11:39 PM

Just post the fucking trade shit. It isn't hard, will take you a couple minutes tops.

I've yet to see anyone other than Zep do that in these threads and it only took him gambling with like 30k and making 150% profit in 3 days to have the "courage" to do that.

6/16/2011 5:31:25 PM

RIMM down almost 18%, to a new 3ish year low.

Buying opportunity?

6/17/2011 10:09:31 AM

wont touch it, especially not in this iffy market right now. Cant really think of a reason why it would go up significantly any time soon.

6/17/2011 11:07:39 AM

Market up 65 points, aapl down $3.74. Hmmm, what does this guy know that you guys don't?

6/17/2011 12:29:25 PM

Has anyone actually argued with you about Apple?

6/17/2011 1:28:02 PM

RIMM is in a death spiral. Barring a miracle, they will not exist in a few years.

6/17/2011 2:15:29 PM

^There was a good piece on RIMM on CNBC yesterday talking about their next move and potential partnerships, etc. They all pretty much agreed that all mobile companies who could have possibly needed a business smart phone platform have already partnered with other companies. Needless to say, RIMM's options look bleak right now. It will be interesting to see what they do.

6/17/2011 3:31:49 PM

^I'm considering putting in a play on RIMM. I think they're going downhill as well.

[Edited on June 18, 2011 at 12:39 AM. Reason : option?]

6/18/2011 12:38:02 AM

The entire tech space is witnessing a MASSIVE margin crunch with all these new players. RIMM is dead in the water, they missed the boat huge when they failed to join forces with anyone. Now everyone has a date for the prom and it's too late.

Apple's growth is well overprojected in my belief because nearly all of their profits are derived from the i-phone. Android is gobbling their market share and other players (Microsoft?) are eyeballing the space as well. Android is already offering a better product at a lower cost. It seems fairly clear Droid will be light years ahead of the iphone in a few more iterations.

As far as the IPad goes it's great but how do you expect them to maintain those sales volumes and margins when everyone and their brother just released a tablet that's just as good for half the price.

Apple maintained their margins with laptops but they never had a huge market share because the non-Apple fanboys always opted for the product that cost half as much.

Everyone smells blood in the water with apple. It's been unbelievable that Apple has maintained their margins for 7 years in the smartphone space, they should be commended for that and they have been rewarded with ridiculous share appreciation.

Now it's back to reality, they better find a new golden goose or $300+ shares will be a thing of the distant past.

6/19/2011 4:34:17 PM

^ 7 years, more like 4...iPhone came out in 2007

6/19/2011 6:36:54 PM

yeah sorry i think i was thinking 2007 in my head when i wrote that

6/19/2011 8:33:23 PM

Happy for now to have gotten out of AAPL at 350. The summer always sucks for them and Steve Jobs death is a big risk. If it's going to be down, might as well be out.


Growth areas are tablet and potential TV/cable replacement, but who knows when the TV stuff will happen.

6/19/2011 9:35:55 PM

Market up 36 pts, appl down $8 a share.

Geronimo

6/20/2011 10:32:25 AM

Quote :

"Has anyone actually argued with you about Apple?"

6/20/2011 11:00:39 AM

how's wal-mart? i know i read an article someone posted here that said buy two weeks ago because the supreme court was sure to block the lawsuit

6/20/2011 1:39:53 PM

its been risk on for me since my last post. this summer market is tricky, but i just don't feel the selloff we've had since May will get much worse in the near term. its likely that in September/October we see a bigger correction.

in any case, i will be parking some of my yams in bond ETFs instead of just hiding them at my auntie's house... maybe WIP, JNK, IBND, BABZ, or somethings along those lines..


also, RIMM has indeed taken a hit. it used to be an indicator for the nasdaq based ETFs, but that correlation is ending. if i was running a trading desk that speculated on M&A arbitrage, i would buy leaps and long dated calls, but even then i would not invest my dad's money in this name. this is ripe for takeover or strategic partnership. despite a shitty Nokia partnership, MSFT still has enough dry powder to do a deal here. no matter how much the consumer loves Apple's and Droids, i simply do not foresee the business person ditching their blackberry. not only is there exquisite simplicity in b-beries, but it gets the job done without the need to be cute. i've gotten to the point where i type things out during on the bberry during meetings without looking down - would you every adapt to a non-qwerty keyboard? maybe, but its hard to envision. RIMM's biggest flaw is that its a one-trick pony.



[Edited on June 20, 2011 at 3:09 PM. Reason : ]

6/20/2011 3:05:17 PM

Don't really think anyone is doubting RIMM in the business community with the bberry. But that's it. That's the only product they have and it's been losing mkt share the last 2 years I think, 4 years ago, it was staggering. Every egg they have is in the bberry basket. They are making a new tablet but so do a million otheer companies, they were late to that party. They just posted gloomy earnings with a gloomy forecast and a high level director bolted to Samsung over the weekend which was insult to injury. My opinion, but it's going to take a minimum of three quarters of beats and better than gloomy forecasts before anything happens. You make your long dated call after the first earnings beat/rise in guidance and well out of the money if you must. Picking it up just because it has hit rock bottom with an approaching 5 multiple is assuming they put out new products that are going to be a hit. Their R&D is getting smoked in their sector and they are hoarding a decent amount of cash, for what I don't know, but it isn't RD.

edit: saw the one trick pony statement, exactly what I was saying.

[Edited on June 20, 2011 at 7:05 PM. Reason : .]

6/20/2011 6:59:16 PM

RIMM is dead man walking. Android phones are going to gobble up that business market. No reason Android phones can't have those keyboards, too.

6/20/2011 9:02:47 PM

I'm a good example of a longtime BB user who switched over to Android

My main hesitation was no physical keyboard, so I got a D2G which has a physical keyboard, and typing is quite easy...in fact the keyboard is a little bigger than the OG Droid

Also, I think lots of Windows Phones are looking to use Android software. I just wish shares of Google were cheaper

6/20/2011 9:22:45 PM

Why would it matter if the stock was cheaper?

6/21/2011 10:40:58 AM

SOLR up over 14

6/21/2011 10:58:50 AM

Apple up big today. Volatility is usually a good indication of a bear market

6/21/2011 12:44:42 PM

or maybe its risk on from now through August

6/21/2011 1:12:57 PM

^^^^so i could buy more?

6/21/2011 1:44:49 PM

market cap being the same, whether the price of google is 491 or 49.10, you own the same amount of the company. Share price by itself does not have any relation to how 'expensive' a stock is.

6/21/2011 1:49:26 PM