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.
I’ve been holding millions from .0002 no where to go but up from there. Glad to see this thing moving. Glta
Hello all. Nice and quiet over here. I’ve been waiting a long time for this to start popping. Glta !
hey brikk... you have done a great job with tracking this from the very beginning its nice to see your still involed with this stock not many people do.
yea i looked at the ddi cam and saw two guys in the shop and 1 in his blue car today in the parking lot. i am not bashing the company all i am saying is it looks pretty dead there just from the parking lot and all the crap sitting on the grounds rusting. i road this plane up awile ago and would like to again in the future. glta!
"There are several of us that live near Deep Down."
-i have been in town for the last 3weeks for hurricane ike i pass by there everyday.... looks like a ghost town somedays. ill take some pictures later.
Just wondering...does anyone live in the deepdown area?
o/t hey whats up momo... thanks! working hard! im houston for work for 2 weeks had a little free time to drop in. ADCS glta!
i dont hold through earnings i have gotten nailed a few times on that. what are your thoughts on earnings? tia~!
hi nate.. bought some 120 may puts on aapl eod thursday. looks like a nice short here.
hey ajtj... nice chart! picked up some puts thursday $120may. it sure does look cooked here.
Garmin Guidance Priced In, But PND Sector & Merger Issues Persist (GRMN, NVT, TRMB, NOK)
Garmin Ltd. (NASDAQ: GRMN) already saw the wrath of traders today after its CFO told Reuters in an interview that the revenue drop on a sequential basis (quarter/quarter) would see a drop of 40% to 50%.
With the last quarter showing some $1.217 Billion in revenues, you would derive a new range of $606 million to $730 million. Before any estimate changes have been made, First Call has estimates for the quarter at $731.4 million. When you compare that to Q1 2007, it doesn't look so bad as the Q1 2007 showed some $492 million in revenues.
In no way can you call this good news, but..... There is always a silver lining if you look at the big picture. Garmin shares were trading down 10% around $50.00 in pre-market trading. The low print was $50.18 today, under the prior 52-week low of $52.18.
We noticed some trends peaking back in November when we saw some concerning data out of Trimble Navigation (NASDAQ: TRMB).
One other issue to constantly watch is that Nokia (NYSE: NOK) acquisition of NAVTEQ (NYSE: NVT). With a cash purchase price of $78.00 per share and a current share price of $64.70, you have to wonder about the reality of many thinking a Nokia regret or buyer's remorse. That's the situation, even if NAVTEQ already approved the deal. Shares were above $75.00 just one month ago. That is a wide enough arb-spread to scare many merger-arb players. The European Commission's extended review already gives this another 90 to 125 days before that approval answer is known.
With a high of $125.68 over the last year (October 2007), this sell-off marked a more than 60% cut in share prices. An $11.7 Billion current market cap still seems high, but at some point enough is enough. Things can always get worse, that is always present. But shares are down by less than 5% at $53.84 after 90-minutes of trading.
It's not prudent to call an all-clear and run out in the open here. But it would also be foolish to say that you have only seen the beginning. Sometimes "Less-Bad" is good enough. It might not be the perfect comfort level entry for a longer-term investor, but the day traders just cleaned up this morning.
We consistently review merger-arb statistics and spreads for our special situations newsletter and we also make many general updates regarding mergers, speculation, and more on our open email distribution list.
Jon C. Ogg
April 3, 2008
do you follow BG at all?
thats for sure real crazy market
i was thinking of shorting amzn looks like a good opp.
hi nate new to the board... RImm looks toppy here ehh?
RIMM.. short here possibly?
apr. 50 calls BUD
NEM calls anyone?
i usually leave before the open and get home after the close so its hard to find a good play
thx lang! been real busy lately with work any good looking plays other right now?
hey guys... been awhile any thoughts on MA puts? thx.
I Love Gold....
ABX and AUY i have made a killing.... i am loving it! I have been really busy this week with work and havent been around much but been riding and selling some freebies right to the end! The only one that has been bad for me is WM but i am gonna ride it out. Good luck hope everyone is making money!!!!!!! giveme.
Gotta love shorting banks!!!!
Asian Stocks Fall on U.S. Economic Outlook; Samsung, BHP Drop
By Chen Shiyin and Emma O'Brien
Jan. 7 (Bloomberg) -- Asian stocks fell for a third day, paced by Samsung Electronics Co. and BHP Billiton Ltd., as a slowdown in U.S. hiring reinforced concern the world's biggest economy will sink into recession.
Samsung, South Korea's largest exporter, dropped the most in three weeks and Nintendo Co. declined for a third day. BHP led mining companies lower after metals prices retreated on concern the U.S. housing slump is sapping demand.
``The view is strengthening that a U.S. recession is on the cards,'' said Jason Teh, who helps manage the equivalent of about $5.3 billion at Investors Mutual in Sydney. ``When things slow there it spills out to the rest of the world.''
the market is a sea of red today
hey guys good afternoon! anything looking interesting right now? PCU?
same here busy during the holidays... just in some gold as well right now.
nice congrats... goog acting weird right... im afraid of that one. good luck tomorrow!
liking any other stocks lang?
yep its all over cnbc today.... GOLD GOLD GOLD!
ABX maybe going for HOD?
hey lang things are going good... thanks and happy new year. AUY doing great eeh! congrats still holding auy?
ABX going up again?
any good trades for you today?
great bought @ $2 sold @ $2.80-$2.90 range still holding freebies
ABX call
WFC 27.50 put anyone?
now where?
DRYS anyone???