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Are you short TSLA or hold Puts. What is the play? Thanks
This and the other(ALIT) are low quality companies. The only people who are in these are the ones who got caught with Fast money hype and did not expect the collapse.
Thanks Poower11.
what is your target for SPY? Thanks.
Thanks.
If the company is worth $5B, is it going to be like American airlines?
Any Idea why this is running?
Which DJ stock they(?) will run in the DJ when APPL splits? Unless of course they run a $125 stock by $25 per day to make it a $4T company in a week.
Do you know what happened in the court?
Very disappointing action.
He did OK until he acquired Wild Horse which forced CHK to file Ch 11. He probably is running away from the truth by feeding old news about Aubrey which everyone knew.
I am wondering how this can go up since they came and said they were going to extinguish the stock. The only way for this to go up is the objection in BK court and court decision so that common shareholders get a percentage of the company. WLL (whiting) said the current common shareholders will get 3% of the company in their BK stuff.
Because their assets were worth lot more than what they are giving to the creditors, if some one holding lots of shares challenge their allocation of nothing for common shareholders in the court? do not remember how all this happened in American Airlines case, but just a question since you seem to know more on this.
The company was run by dishonest people who did not want to give anything to current shareholders. They are blaming Mclendon . But the thing that destroyed is their take over of Wild horse. Big shareholders need to go after the management.
CHK assets $35B
Debt $10B
They used the accumulated depreciation etc. of $29B to bring down to assets value. So this company should be worth $25B after paying the debt. Even if you make the assets at half the value due to COVID, the common should be lot higher. By the way it was at $350-400 in Nov 2019. Shorts have been attacking this stock for a long time. Do not know what happens tomorrow.
There is an ATM in the mall where you can buy Bitcoin
Every time GBTC drops(/BTC)some new bear shows up on this board with lower price predictions. They disappear once it rallies. Very interesting.
Looks like next resistance is 17.52 (100DMA) and then to 20s
JMHO
Thank You for reminding. I think I will get some.
This is actually better than a call option because of liquidity.
Each warrant B enables you to buy 1 BAC share at $30.79 (strike price for warrant B). You make money if BAC price is higher than (Warrant B price + $30.79)on the exercise date in October 2018.
At this time warrant B is priced like a call option expiring in October with strike price of 30.79.
Please check it.
Oil use to be around $80 before the interest rate cut started in Sept 2007. There has been no sudden demand growth in the last 8 months. In fact,the SPR capacity (500 million to 750 million barrels) which was increased during the state of the union address in 2005 started the upward price movement from around $50 to $80 in 3 years. The oil price is definitely speculation around the world. Add the other commodities, fertilizers, rice etc., you know how bad the speculation is.
Even with the demand growth, the oil would be around $50-60.
The question is when will the shorts be succesful in bringing down the price of commodities and oil. May be that needs a reversal of interest rate cuts by the fed which will not happen until the election is over.
Jenna,
Do u still like QCOM? Stock went down due to Bank of America downgrade today.
Thanks
Jenna,
wow!greatcalls! congratulations.
Jenna,
Great call on builders.
Wondering if KLIC revists 14.50 area?
I think KLIC will bust thru the resistance after earnings. The CEO was pretty bullish on the call last week. He is expecting revenues to be $150+million this quarter and $200m in th next. That is a 25% increase. If he gives some good guidance on the quarterly earnings, the stock colud be at higher levels.Notice that the shares outstanding is 50 million as per yahoo statistics. That is not too many compared to many companies that have 100s of millions for a small company.
KLIC-Revenue
couple of days ago during a conference call with analysts KLIC said its revenues for the current quarter will come at the high end of expectations($150+ Million) and next quarter will be around $200 million.
Will it change the stock picture in the coming weeks
MXIM warning.
Revenue of $295 million versus $consensus $301 million according to briefing.com
Zeev,
Do you expect a late day dump?
Thanks
Zeev,
Thanks
Zeev,
In your 01/25 market projection, you had the following:
"That is followed by a sharp anticipation of hostilities (and anticipation of lower crude prices?) bounce to just under 1330 (nominal 1327) and around 7900/8250 for the Dow) ending around 3/24 . The next leg down is about 250 Naz points, to a new post October lowaround 1080, and 6900 on the Dow, lasting till about mid May with a possible counter move into Memorial day topping around 1200 (7800 on the Dow?) and then the last leg of the GN 03, taking us to around 950, in the first two weeks of July (false mini bounce around 7/2 to 7/8) with a nominal low on Jul 16, Dow just around 6000."
In view of the rally do you modify these numbers and/or the time frame( like NASDAQ by about +75 points.
Thanks.
Smart money,
I went to the store yesterday at OKC. They were all gone. Where did you get it? I can call them and check if they will ship it.
Thanks
OJ, what is your near term target for KLIC? TIA
All,Isn't low $USD good for the companies specifically those that export.That is what the pundits were telling in 1994 time frame. They were bullish on the stock market when dollar was around 80 yen or close to that (DJIA was about 3900 and SPX 450 or something like that). Why is it not true now?
Comments appreciated.
Hi All, I have seen few people criticizing Zeev. I am sure he can defend himself. I read more than I post. However, I wanted post some of my observations:
1. I think Zeev's call on Nassacre was phenominal. My only regret is that I wish I had know Zeev's site on SI and followed him since 2000. I would have lot more money than I have today.
2. I also have noticed Zeev does not short. He is a very good trader. So, even if he is donning bear suits, it does not really effect him a lot except for few of his overnight positions.
3. I think he is helping lots of people by providing guidance on the market and stocks including the buy and sell points.
4. After all you make the decision on buying/selling.
Zeev, Thank You.
Bernard Ng,
I saw your posts on Market sense. I can't post there. However, I had a question to you on SPX and OEX options. These days( I did not trade them for a very long time), the spread between bid and ask is huge. It is imposible to get them at the bid price and if u go in between, u are not sure of getting the options. How are you handling this? I missed a couple of wonderful SPX and OEX calls(SPX turned out as a ten bagger, I became a spectator and went with puts after two days and lost money) because of the huge spread($0.50-0.80).
Just wondering how to handle this.
Thanks
Hi, some guy from a brokerage((u do not have to be a genius for this anyway) is talking about the coming changes to S&P 500 because of many stocks in the index that have become microcaps. When the changes takes place, will SPX get a push upwards at least for a while. Do not remember how it all was done when INTC and MSFT were brought in to the DJIA. They dropped some under performing stocks and also some other merged stock. Of course, individual stocks will get big bump if one knows in advance.
TIA
Zeev, Todays vol on NYSE was 1.91 Billion and NASDAQ was 1.84 Billion (as per yahoo). The volume seems to be up about 500 million more than normal on NYSE and about 350-400 more than what it has been lately on NASDAQ. Do you see any significance in to it (buy or sell).
Thanks
Augieboo, Thank You. I need to digest. But I agree with what you are saying.
Punkle, I thought he( Adam Hamilton) was suggesting that the rally will start now due to the extreme bearishness. The catalyst may be the speech tomorrow by Bush. Further, Intel's Craig Barret's following comments may help:
"I expect the crisis to end in the early part of '03 and in the (telecommunications) sector it will take more time, perhaps at the end of '03 or the beginning of '04," Barrett told the technology conference Etre 2002 in Seville.
It may be too late to take fresh positions on the short side except if u can watch tick by tick. Like u, I am waiting to take longer positions to get that 40-50% gain. May be a lot more if you can stomach the SPX/OEX/QQQ options.
Zeev, Adam Hamilton at www.zealllc.com is predicting big rally due to the vix/spx ratio reaching a buy point. He has been pretty accurate in the past. He concludes his article(10/04/02) by the following:
"If the SPX/VIX ratio proves true to its golden historical track-record, we are in for a spectacular bear market rally that will knock the socks off those not expecting it and yield legendary profits for those who are."
His timing may be earlier than your post 10/22 rally. Any comments?
Thanks
Trainguy,
Thanks for the response and OEX expiration play. Pretty slick. I am sorry, that it took a while for me to respond since I did not check the mailbox. I mostly read what goes on than write a lot.
On the OEX/SPX expiration, typically (note typically), during the expiration week there is one big up day. This month, it happened on wednesday, but did not last long. In fact many of the options doubled (specifically the OEX 440 calls) from the tuesday late afternoon purchases to about 3:30PM (ET)on wednesday. You had to be there and be quick to cash it in. In fact by thursday morning they had lost most value and by afternoon they were worthless. If one was smart they could have bought puts on wednesday afternoon/thursday morning and would have come ahead wonderfully.
Also, they use to anounce imbalance (buy and sell side) on fridays about 15 minutes before the close. One could purchase puts and calls depending upon where the pressure is and could multiply their investment. I have not looked at this recently. In the 94-95 time, a friend of mine use to purchase OEX puts and calls on the expiration day based on such info for 10 cents and was able to sell it for $1 in less than 15-20 minutes.
Thanks again.