Qihoo 360 Tech (QIHU)

[wallst-winest]

Look for sub $80 down to $75, then I'm in large...loading calls at the bottom.

[wallst-winest]

Added back a small piece here.

[wallst-winest]

Been loving that though. I liquidated 100% yesterday actually selling the balance at $90.20. Looking for a pullback before earnings...

[The_Free_Nebula]

Btw was thinking of doing the same thing...

[The_Free_Nebula]

Has been like a yoyo for a long time now....

[wallst-winest]

Liquidated near the highs today. Looking for lower prices later this week or next before earnings...

[wallst-winest]

I saw that and actually bought puts right before earnings but sold them. Thank god because shares rallied after...

[wallst-winest]

Still around I see. Nice. Me 2. Been on yahoo...trading this like always...

[The_Free_Nebula]

Once this breaks out of this matrix it wont look back....

[The_Free_Nebula]

is it going hit new 52 week high today?

[The_Free_Nebula]

Nice Bounce back...

[The_Free_Nebula]

Resilience...

[The_Free_Nebula]

Resilience...

[The_Free_Nebula]

full fledged correction going on! 50 DMA hit...

[The_Free_Nebula]

Some whale trading this like a YoYo...can't hold a chagre. It's in the matrix. Once this cycle of pop and drop is done I think it will be hard to stop until the mid 100s...

T

[The_Free_Nebula]

Need to see if this green marks a resumption of the upward climb. Need a couple more confirmation white candles tomorrow and next week...Target $100...

T

[The_Free_Nebula]

Lots of resistance in this area....cant hold a charge. Will be great support down the line..

[The_Free_Nebula]

Churn continues during market haze

[The_Free_Nebula]

I think its in for a churning period...

[The_Free_Nebula]

Looks like it's back in the 90s...a pretty awesome play. Did you know that Priceline.com is now over $1000/share? unreal...

[The_Free_Nebula]

Could this be the next real wave to 100 bucks per?

[wallst-winest]

So far...thats been the driver for me.

[The_Free_Nebula]

This one recovers well after sell downs....over reactions

[wallst-winest]

I agree. They just raised enough to buy that stake. Tencent only purchased a mere 2% if I understood it correctly. Quite a steep price ($ 450 million). Not sure what that gets them?

[The_Free_Nebula]

my guess QIHU investors disappointed. I say QIHU management though it not best to pay that much...IMHO

[wallst-winest]

So today's news places China search at apprx. $250 million for 1% of search based on what Tencent paid for 2% of total search.

[wallst-winest]

I was so busy i missed $94! Bought in nicely today

[The_Free_Nebula]

I sold my 85s fighting the greed bug all the way when it peaked...Was hard as heck but finally I did something right. Still could have waited a little longer on those Dec $105 but I think I have time..

[wallst-winest]

I think you did well. Glty...

[wallst-winest]

Nice. I mistakenly didn't sell my $85's when she neared $95. Ouch. Rolled them today for the $90's and added back my stock. Now they will lift this stock. Options expiration always calls for a suckers decline.

[The_Free_Nebula]

I bought some dec $105s. May be too far OTM. But the way this bases and moves it could be ITM in Oct...

[wallst-winest]

Bought a little on the dip

[wallst-winest]

I think i saw over $9 on them as shares reached over $95. This stock is an animal.

[wallst-winest]

Nice. I only have 4 calls at $85 but amazing. Lets see where she closes by Friday. Will have to move them up to $100 soon.

[The_Free_Nebula]

90s by EOW? Hmm....

[The_Free_Nebula]

New 52 week high,,,,

[The_Free_Nebula]

Those Oct $85s are looking pretty good...

[The_Free_Nebula]

I bought some oct 85 calls...just sticking toe in...

[wallst-winest]

Love the movements. I moved into 100% options. Getting weak hands at these levels until a breakout in confirmed.

[The_Free_Nebula]

Upper BB now $57+

[The_Free_Nebula]

Today was a churn day...would not be surprised to see high highs next week...

[wallst-winest]

$85.65 pre-market

[wallst-winest]

Well not that much but believe me we shouldn't complain.

[The_Free_Nebula]

Man you are making so much money...LOL!

[wallst-winest]

Let's hope she closes there. I own the $85 calls that expire tomorrow

[The_Free_Nebula]

got there....

[wallst-winest]

She wants to print $85

[wallst-winest]

Yep. The weekly calls can be so profitable if you can time it correctly. I bought the $82.50's and the $85's today that expire Friday. Let's see what happens.

[The_Free_Nebula]

I need to remember calls on next dip.....

[wallst-winest]

Saw that. Sold some calls there and added more today. I really wish for another dip gift to $75. Pleaaassseee. Lol