Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So you think a company with an under construction website that is VERY loosely tied to marijuana will be worth 500 MILLION dollars? That assumes 10B shares outstanding, which it is probably much more than that already.
Seriously?
My average before the reverse split was .0011. Now I need $1.65 before I can breakeven.
So there's at least one bag holder that was created at .001...
Funny (sad?) how what I said two years ago in the post you responded to is still being said today. Just replace "MicroFil" with "BakedAmerican.com".
Black has over 3 billion shares that he gave himself after he wiped us out with the reverse split. He's selling his free shares for hundreds of thousands of dollars, if not millions, while I would need to see $1.65/share (1031 times Friday's closing price... 103,100%) just break even...
Even with all the money he is making from his shares, I highly doubt he is ever going to fully compensate those of us who got screwed over with the dilution, false promises & reverse split.
and yet I have to base my trading strategies on how these guys are guessing a company will perform, instead of how the company will actually perform.
It seems unfair that these guys have such a visible platform to announce their guesses from that they actually do move the market.
I think Apple options are overplayed to the point that the huge volume in options actually moves the stock price, rather than the other way around.
You're right in that it might be time to look for another less widely watched/traded company for options strategies.
Hmmm... I set up some very conservative spreads that would end up with a profit even if AAPL closed between 540 & 550. Up 30% at the close today. Worth $0.00 tomorrow...
Earnings were good, and we get an 8%+ drop because Apple didn't do what the wall street analysts guessed.
Tell me again - Why does Apple get penalized so harshly when the analysts are wrong? How come the analysts don't get fired for incorrectly GUESSING what Apple will report for the quarter?
I was at least expecting my tight vertical spread to end up profitable. Didn't think we'd see a 40 point drop after hours...
And on good numbers, no less.
I haven't even seen the news yet and AAPL is down $25 AH.
Wow.
Never hurts to mitigate risk!
Yep. I'm working on being a little more conservative with my options strategies instead of playing way OTM lottery plays.
I'll take steady 50-250% gains on vertical spreads all day everyday.
Checking options prices on the jan 31 weeklies just now. Implied volatility for $575 call option strike price was over 53%!
The big boys are having a hay-day selling those calls to the retail investors.
You can bet they will do whatever they can do keep the price from running up after earnings too. They want to keep their premiums they got from selling puffed up call options to the little guys.
After earnings, IV gets crushed and weekly options lose all/most of their non-intrinsic value.
Hoping everyone with options is in the money..
Seems like the price is being suppressed all morning. Hopefully earnings can help it break out of this range.
Which expiration?
Near money or out-of-the-money tend to increase faster in price because they are a more risky investment which demands a better return.
Once the stock price rises and the near money become in-the-money the option tends to move approximately dollar for dollar with the underlying stock.
In the money options are less volatile than their out-of-the-money counterparts, but you pay more for the option to have that lower risk.
Max pain at $550 for today. Market will most likely peg it right around that price.
I looked at those as well. Implied Volatility is really high (because their expiration is during earnings week).
Make sure you don't hold onto them too long as they could get crushed even if AAPL goes up after earnings.
Thought about doing that as well.
Looks like the market is working to peg AAPL at Friday's max pain price yet again ($550).
I highly doubt Elon Musk would sell his baby to Apple, OR, that Apple has any actual interest getting into the electric car market.
Google, lately, has been the type of company that would try and buy Tesla. They seem to be snatching up any company that seems "cool" to them, regardless of if it has anything to do with Google's core business.
Already recovered to closing price.
I'm so confused after catching up on today's posts...
Oh, I do agree with your assessement of BBC and Al-Jazeera.
Their news typically has much less political slant in the articles as compared to MSM.
And it happened again today... crazy.
Yep. AAPL's been up every morning this week in pre-market, only to be driven down big by the end of the day.
Could also be AAPL buying back shares... We don't know anything more than what we can speculate.
Seems like he's doing a pretty good job to me. The problem is mainstream media decided he is a bad CEO because he is not a clone of Steve Jobs, and everyone started believing that without looking into the facts for themselves.
Cook is fine. AAPL will be fine when people realize there is no reason for all this fear.
I assume so but really don't know enough about it.
After hours trades can also be delayed postings of large orders that were filled during the day.
If I was trying to buy $90MM worth of a stock, I wouldn't want it broadcast throughout the day because it could start a stock rally before my lot was filled at the price I wanted.
The investor can tell his broker he wants X amount of shares at an average price of X, and the market maker can fill that order throughout the day without posting it to the ticker until after hours. This helps the market maker fill the order at the correct price and keeps people from reacting (positively or negatively) to seeing all the trades going through.
Note this can be done for a long or short position.
He responded to me about a month ago, it helps if you form a respectful coherent email to him, even if you are pissed off at what has happened to your investment.
It doesn't change the fact that many of us who have been here the longest are in a deep dark hole made infinitely worse by the reverse split that bolstered management's shareholder value, while almost completely wiping out the individual investors.
Its not an automatic gap up, but it creates the scenario for a possible gap up.
If Widget Company A misses their earnings, people might be more likely to sell their shares and invest in Widget Company B on the hope that they will have a better earnings report.
Might see a little bump tomorrow, who really knows anymore.
Because that is the period known as the great depression...
So then the 80% loss is not a 6 year cycle. It happened in 2000 (dot com bubble...), but not in 2006, and it has yet to happen again.
Where is this trend you post repeatedly about?
So... AAPL should put a handle and wheels on the iPhone?
Is that what you're saying?