trying to survive in a crazy world
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in addition I have had them for about a week now, and paidd to much premium for them
yes still have some april 25 and april 30. not going to be completly stupid about it, but unless something changes seriously, I still think the bottom is going to fall out
thats ok as long as you know it. LOL just think dyslexic, problem solved.
pig is riasing with the tide. good start on the decline, next couple of weeks will be a blood bath.
Did everybody go long citi? where is everybody
SPG broke down through $32 for a moment
SPG just broke down through $33
SPG just broke down through 34 is the door open.
come on you worthless scrap of paper fall fall fall
SPG alling like a rock. come on graviety let her drop
coming up on new low of the day.
this is unreal. but i think i will hold at least through tommorow. see which way the wind blows.
good luck
Thanks U P B I am extreemely familiar with a couple of local Red Lobsters, and was amazed at how busy they were and have been since this economy turned upside down. But somehow they are very busy compared to others. and still not off that much from a year ago. But they are masters of controling expenses.
in today,,,april 5 somme at .20 some at .15 avg .17
looking for a ride!!!!!!!!!
still holding april 25's yesterdays market was the temporary salvation of many stocks. Including spg. I would hope to see this go into a free fall very soon. Even considering yesterdays overall market, I was very surprised to see it run up as much as it did. Don't want to get eaten by decay. And without a doubt yesterday bought this at least several days.
Can only hope today is a good indication of where we are going.
Without all of this delution, I cannot believe anyone is buying at these levels. Maybe they know something I don't.
Good luck all.
Chart help please. Looking at DRI chart. Price is just below (.80) the high of the year. RSI broke 80 5 days ago, broke below 70 today, money flow,,,,down, momentum headed down, stochs crested yesterday, heading back down. I had expected this to start retracting rather strong. And there is a gap to backfill down to 29.90. However yesterday rabbit run took every thing up with it. as would be expected. Today it closed down $1.76.
Technically is it still reasonable to expect this to at the very least to go back and fill the gap at $29.90? If not well into the mid $20.00'S.
Still holding april putts, both $25 and $30
Thank you for any assistance you can offer.
Maria promised not to tell. LOL
in lvs april $5.00 @ .20 for a small position. should still be plenty steam left.
"IGNORE" my thoughts on BAC from the other night. all bets are off with news of timmy unvailing real plan tomorrow. If he does this intelegently as the market is anticapating, then I will begin to believe that there was some serious manipulation behind the timeing.
Considering my exit of from calls and entry into putts, I would refer to my rambelings of last week. I swear, if there was only one pile of #$%#$#$ in a 5 acre pasture this last couple of weeks, I would be the one to step in it.
Still feel very strong about SPG and DRI putts. Tomorrows strong market may help them to float along for a few days, but those two are going down.
Have fun,
LOL "Thanks"
avg vol looks to be about 8 mil. looks like on march 6 and 8 they had just under 20 mil share days. I would expect them to do every thing they can to support this price until they finish unloading. Once that happens I see no reason to stop this from a freefall back down to the recent low of $25.00
certianly hope I am right. bought a few april 30 puts will be buying more on monday I would assume.
DRI puts sitting at $33.88 after a 6 plus $ run on earnings.
pulling back the last couple of days. Gap to fill back down to $29.90 stochs, rsi, moneyflow all crested and headed back down,
Look at BAC puts. Trending down. Closed at $6.19 Friday. Still has a gap to fill at $3.77 worth a look.
yhanks Yak will take a look
They will hold it up until they finish dilluting. Good for us. May be one of the better short plays around. Loading up on puts myself. good luck
Press Release Source: Simon Property Group, Inc.
http://biz.yahoo.com/prnews/090320/de86652.html?.v=1
Simon Property Group Announces Pricing of Public Offering of Common Stock
Friday March 20, 9:23 am ET
INDIANAPOLIS, March 20 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG - News) announced today the pricing of its public offering of 15,000,000 shares of common stock at a price of $31.50 per share. Deutsche Bank Securities Inc., Goldman, Sachs & Co. and UBS Investment Bank acted as joint book-running managers of the offering. The Company has granted the underwriters a 30-day option to purchase 2,250,000 additional shares of common stock to cover over-allotments, if any.
ADVERTISEMENT
The Company will contribute the net proceeds of the offering to its majority-owned operating partnership subsidiary, Simon Property Group, L.P., which will use the amount contributed to partially repay the outstanding balance of its $3.5 billion unsecured credit facility and for general corporate purposes.
The common stock will be issued pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. When available, copies of the prospectus supplement and accompanying prospectus relating to the offering can be obtained by contacting: Deutsche Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, telephone: (800) 503-4611, or by e-mail at prospectusrequest@list.db.com; Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad St., New York, NY 10004, telephone: 1 (866) 471-2526, facsimile: 1 (212) 902-9316, or prospectus-ny@ny.email.gs.com; or UBS Investment Bank, Attn: Prospectus Department, 299 Park Avenue, New York, NY 10171, telephone +1 (888) 827-7275.
U P B been reading up on SPG. I think over the course of next week I will jump in up to about my neck. "PUTS" Possibly deeper. This company is set up for a disaster, massive dillution starting to occur. will post article in a moment.
U P B been reading up on SPG. I think over the course of next week I will jump in up to about my neck. "PUTS" Possibly deeper. This company is set up for a disaster, massive dillution starting to occur. will post article in a moment.
U P B been reading up on SPG. I think over the course of next week I will jump in up to about my neck. "PUTS" Possibly deeper. This company is set up for a disaster, massive dillution starting to occur. will post article in a moment.
what do you know???????? I am alredy GREEN, what a concept.
Time to stop fighting the trend, God only knows, I know better.
in bac puts april $5.00 more dri puts april 30.00
spg puts april $25.00
now I can go green. LOL have a great weekend.
contest pick GE GEWCI $11.00 CALL @.05
should be a good play, I certianly hope so. I bought both march and april 30 puts at about 10am wed. Personally I think this is a great company, but I also think it way over shot on the news. Hope for a quick correction or massive profit taking. We will all know much better tomorrow.
good luck to you.
I couldn't agree whith you more. Yes we do have a few reasons to be happy. and one of the biggest changes is as simple as attitude. A few green days, a few green accounts makes it easy to get real happy. But I am afraid we are a long ways from out of the woods. I think we will correct down just as fast and radical as we did up.
Thankfully we have enjoyed several days of no real bad news. Just the absence of bad news is in fact great news. for the most part our tax challanged treasuary leader seems to be,,,,,, well not absent, but very quiet. Up until a few days ago, his babbleing lack of information has done far more damage than good. ( some would believe this was done on purpose. Create fear and suddenly people get real cooperative.) On one side of the equation, this is a good thing. However on the other, it is not good. I really do not think he will be with us for an extended period of time. In fact I really believe the only reason he is still here is because his departure would reflect very badly on the President who pushed him through, and proclaims to have all the faith in the world in him. My money says they are already very quietly looking for his replacement. Just to be prepared.
Lots of bad news out there remaining to come to the surface and have an effect on the market. As for the uproar about AIG and ML "bonus'" it is little more than the ultimate smoke screen. Everyone wants someone to blame, take their frustrations out on, brow beat ect ect. And what better smoke screen than to rally around extracting a pound of corperate flesh.
Who signed off on the deal? Sen Dodd, yet he let it hang out their until he could no longer deny it. Then he says he didn't know there would be future bonus' give me a break. And this guy is a senator representing people of this country. Not to mention on the banking committie.
The problem is that the crooks are in the house as well as outside.
No this is far from over and reality will hit the fan. And when it does I hope we all have rain coats, because it will be flying everywhere.
However I will say, by all means enjoy it while it lasts, and take every penny of profit you can. I hope you are better than me the last couple of days. Trying to out think this market and getting into the wrong things, combined with getting out way to early. My God you would think I have never traded before. Like a little kid piddleing down my own leg. Thank God there is much more to life.
Just a few random thoughts.
Have a great evening, I'm outta here. Can't do anymore damage.
out oracle for a quick 45%
oracle march 16 calls hope thye pop this afternoon.
bought darden "dri" puts both march and april
hope a lot of profit is pulled off the table tonight and in the morning
sold bac and wfc one day to early OUCH
boought C april calls 5.00 @ .13