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TYTN has poor sales because of the sales/marketing team and managment i.e. ML. He obviously doesn't do a good job advertising and he obviously can't sell a tractor. The easiest way to sell a product is on price, and he obviously can't even do that when his products are half as much and supposedly just as good.
The worst part about it is that he would rather spend all the shareholders money on inventory that doesn't sell.
The biggest slap to shareholder's face was the PR/quarterly that blamed sales on outdated inventory...but of course ML was getting ready to get new tractors shipped to him LOL. How do you justify that to shareholders or even potential customers??? Extreme mismanagement of inventory
I could get all of the numbers and links to the facts I stated if necessary, but we've all read the PR's and there's no way to hide from them
Congrats! AAPL is literally insane. Buy the dips!!!
Hahah--so true!!!
Mark's responses are an embarrassment to him and his company. He keeps referring to his company as rapidly growing. He is completely delusional. Why did he not address the fact that he dumped billions of shares on shareholders to buy inventory that doesn't sell? Even better, why didn't he address the fact that he called his stockpile of deteriorating inventory old and outdated in a PR?
Mark's leadership is a disaster.
Bro, how many shares did they say they have? The fact is, this person does NOT own the whole float.
Supposedly it was one of HH's properties. Contact the IR--Al. He's very helpful if you have any questions.
That's how I came up with the 450 number last week b/c that would have been the top of the channel.
In terms of time, I have no idea. This is way overbought so it's hard to make predictions when it's making unprecedented moves with respect to its own chart/price history.
I would at least hold off on that spread until we've broken out past that intra-day high. There's still a chance of a double top. I just don't see this hitting 450 anymore in the near term.
I gave you good advice. How many shares and how many are free trading and restricted?
By the way, instead of telling the board your life story, why not just ask specific questions?
sure as hell hope so but that's a lot of details/time that went into writing that post...
CHK: Tons of activity in the March 27 calls that closed at approx 33 cents and also April 27 cents that closed at 74 cents and the 31's that closed at 14 cents.
That is a funny story. Not sure how someone can claim they own the float. You should do a little background info on this person and check their shares against the SS. If they actually do own shares, there's a good chance they're restricted.
I covered my puts after the pps didn't move in the wake of the no dividend news yesterday. Seems like this is going to go up a couple bucks a day until it hits $600. AAPL is the 1% of stocks that didn't retrace after that blow out day last week.
AAPL's current trend is unprecedented with respect to AAPL price history so I'm going to wait to buy puts/calls until we see another technical indicator get set off.
For now, I see no reason to think this will revert back to the 50day MA unless something significant occurs. I do think there is a possibility that we plateau out and wait for the 50MA to catch up like what happened a couple months ago. If we break through the all-time intra-day high we hit last week, this should easily go to $550 and $575 w/in a couple weeks of breaking past that resistance.
GLTU
AAPL Shareholder Day Today @ 10am PST
http://www.newsday.com/news/ahead-of-the-bell-apple-to-meet-with-shareholders-1.3551273
5 Possible Outcomes
http://seekingalpha.com/article/383121-apple-shareholder-meeting-5-possible-outcomes
IMO, no matter what happens, AAPL drops back to the 20 day MA over the next week and the 50 day over the next 2 weeks, but I'm only playing options b/c of the extreme exuberance with investors--AIMO
A double top formation is beginning to take shape. Supposedly today is the big shareholder day. If sh's don't get a juicy dividend and/or split, this is going down fast. IMO, even if they do get a dividend, this will go down b/c I feel it's baked in and shows signs of weakness in their business model IMO
Good. Worse case scenario the A/S is maxed. No biggie--especially if they're paying off debt
And the current SS is probably much higher seeing that we've traded 25-50% of January's float amount pretty consistently in February
No it wasn't a joke. How do you average down w/o spending money out of pocket? You obviously didn't short this, and there's no way you traded to get freebies b/c it has been a linear descent.
Edit: If you got in before the huge run last summer, then I retract this question. I don't remember seeing you cheerlead on this board until last August when this was tanking
Your definition of 'out of pocket' must be different from mine. My definition of 'out of pocket' doesn't include selling other stocks to buy more tytn or using funds that go into your accounts from 401k, IRA, or other retirement accounts.
He's 85? Tell him to sell ASAP on Tuesday and buy corporate high-yielding bonds.
I haven't had shares for about a year b/c I was sick of waiting while other stocks were giving better returns. I feel bad for everyone that waited for years just to get screwed by Susman--especially your elderly friend. I've always thought Susman was crooked. When you see firms billing almost $200/hr for paralegals, it should make you think twice.
NP
Btw, check out this site http://www.optionmonster.com/quotes/?symbol=AAPL
It's the 2 Najarian bros' site that's on cnbc alot
Click the little box with the "+" in it to get the info about that specific strike price. Also, notice that the risk metrics box has a bunch of greek words--delta, gamma, theta, etc, you can change them to english to see what it means
OK great. Disregard the previous msg if it was repetitious.
Bottom line is, if you know the stock is going to pop--go further out of the money for higher gains--less risk/more reward.
Options are pure speculation where 90% of them go expired worthless. AAPL has certainly been the exception
they might have the same volatility but remember about tvm and risk/reward is what matters to traders. Who wants to buy a $2,000 in the money call that could go bust on a bad day when you could get one for $200 and will have a higher percentage gain if the stock pops?
Based on your example, when you're that far out of the money, $5 change won't be much and they'll be less liquid. Look at the volatility of a 500 call vs a 550 or 600 and you'll see a difference--there's other factors involved as well like delta and other greek symbols.
Also, those option prices and their % gains that you listed will have some that say no gain b/c they hardly traded that day or many people were selling them at the bid b/c they were using call spreads--buy one at the ask and sell another at the bid--or just covered calls
An out of the money option has a higher implied volatility--therefore a 5 pt move in the underlying security will have a greater impact on an out of the money option than an in the money option. Notice that an out of the money option will also decrease faster than an in the money option on a day that the underlying security doesn't move or moves opposite of your bet.
Obviously an in the money option will cost much more than an out of the money option so it makes more sense that someone would be willing to bet $100 as a lotto ticket than $1200 during a move, especially if the volatility is high and there's a chance that the entire $1200 could get lost because of a bad day or two in the market
options pricing is all about time and volatility
This model may or may not help you but it is studied in derivatives courses in some advanced business and economics programs
http://en.wikipedia.org/wiki/Black%E2%80%93Scholes#Black.E2.80.93Scholes_formula
What's up with the Johnson contest? Had a bad week at work?
Actually, it did happen in terms of the AAPL puts soaring--there was only a couple minutes though to sell if traders were happy with the move. On Thursday the stock dropped down to 488 right at the opening and my puts were up 75% from where I purchased them.
I think there's more to come.
I feel very confident in my position. How can anyone claim to perfectly predict the timing and price points of a stock's move? I called the top--just not the date of the bottom.
Wednesday's price action tells me we'll see a correction in the next week or two.
The second we touch that 50MA I'm 100% bullish again on this stock.
In terms of time range, no idea. I never thought we would have closed positive yesterday after Wednesday's blowout. Next week we should see more of a downtrend imo--especially if we close down today. But I could be wrong which is why I have a lot of cash on the sidelines in case I need to double down on the puts or start a bullish position.
GLTU
Correct so the 550/600 for approx $5 gives you a $5 risk $50 reward play--10 bagger
I was just looking at them for fun to get an idea of the volume, etc.
To be honest, I'd rather look at the October or January calls to allow more time in case things get choppy this spring/summer. If the price skyrockets, I could always sell the spread then roll the profits into a higher
Might not necessarily be shorts. There are a lot of people trying to sell their call options at the 500 strike price instead of letting them expire in the money and take receipt of all those shares (that they probably can't afford).
Selling calls is a bearish trade, likewise, selling puts are a bullish trade.
Edit: Here's the volume and open interest of the Feb 500 Calls: 31,426 vol 17,160.00 open int (the 505's have double the open int and volume)
Double edit: remember to multiply those numbers by 100 in terms of impact on overall aapl shares
Just out of curiosity, do you play option spreads or just buy the options outright? I was looking at the April 550/600 call spread that is about $5 right now. It's something I will probably do once the correction that I think is coming takes place.
You should provide the links to those posts that you quote
If this went to trip-1 post split--the market cap would be like 5k (assuming no further dilution :D). I think Niko would just buy the company then just for the hell of it to see if he could do what he says he could. LOL
Theoretically, This will R/S to 1.5 cents at trip-1--I'm saying I'm a buyer in the .0075 range to try to catch the falling knife--if it happens. If not, I'll watch and see what happens.
I'm not sold on the dividend. The news of a possible dividend or split seems like it's baked in. Also, people forget how much of the cash that AAPL has that is overseas and would need to get taxed before being distributed as a dividend.
Fundamentally, aapl is great. It's been trading in a perfect technical range since the Nov 2008/March 2009 bottoms--all in a straight line up.
This should easily hit 600 by October if not sooner. It just needs to breathe a bit and consolidate. There's a major gap at 430 that needs to get filled. Aapl's gaps always fill and after the RSI exceeds 70, AAPL always bounces back to the 50 day MA. Good trade with the calls btw.
2 YR Chart Notice RSI overbought and the subsequent corrections
You think it will R/S at trip-2? All those on the ask at trip-2 will dump into the bid the day before the R/S if they don't get hit.