OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT

[gold st capital]

Gs I would not do short Market sentiment is higher. Unless you can endure a little pain

I edited this message I meant to say I would not do short

 

[wizards23]

P setting up for a nasty pullback imo. Chart is extended and getting into extreme overbought territory. I will be watching for the short tomorrow

 

[gold st capital]

Short on P comes sometime next week. U have the right idea wizard stay patient in the side line. I see a 3 dollar pullback

 

[awwsome]

P & YNDX

We eating, thinking bout selling P and buying after the pullback

 

[freakydestroyer]

I'd be less surprised if P keeps running with little to no pullback.

 

[wizards23]

Short on P comes sometime next week. U have the right idea wizard stay patient in the side line. I see a 3 dollar pullback

Thanks. I am better at shorts than longs at this stage of my trading career. Always more to learn

P info on the secondary offering. No idea what this means for the stock price, just fyi
"The underwriters expect to deliver the shares to purchasers on September 24, 2013."

P and FU my main watches tomorrow. Short bias on both but like always anything can and will happen in the market

SCTY good volume, not much range. Tomorrow will be key imo

MNKD interesting chart.. been seeing some traders mention this. Looks like 6.10 is the breakout spot

FNMA still holding. Needs to get over the 50 day moving average at 1.38 for a chance at further upside. The technicals are starting to flatten out which is better than negative divergence

 

[gold st capital]

On P it means in the 24th is likely when you see the pullback depending in what price they sell the shares. Do you know the price they will be selling the shares.

 

[wizards23]

$25 for 18.2m shares is the updated offering. Underwriters will buy at 24.125 if necessary

 

[gold st capital]

there you have it. you will see P at 25 or so by mid next week. I will be taking my chances on this trade short. I will update you guys when I enter it. See you on the other side.

 

[gold st capital]

Damn hope y'all caught xone

 

[bhzmafia14]

Damn hope y'all caught xone

are you expecting it to get back in the 70's?

 

[wizards23]

FU and P nice shorts. P not as much range as I expected but may be more of a swing trade. I covered and paid myself

FNMA trying to wake up. Need to take out 1.38

 

[gold st capital]

I'm out at 64 and then I will reload on pull back with 25k shares. I'm 15k shares in now

are you expecting it to get back in the 70's?

 

[based mod]

Tried to get into FEYE ipo just now. It was priced at $20, officially opened at 40

 

[freakydestroyer]

Nervous as hell about holding GS Puts over weekend . Should just get rid of them today.

 

[degenerate423]

P is down a bit.  Anyone gonna jump back in or do you think the momentum is gone?

 

[lazyj10]

Fireye was over subscribed by 35x too

 

[based mod]

Bbry

Overall a ****** day today

 

[galaxynexus]

Anyone getting into BBRY? Maybe a buyout ?

 

[freakydestroyer]

In SPY and GS puts

 

[awwsome]

Anyone getting into BBRY? Maybe a buyout ?

**** no man, there's so many companies that are killing it, we don't **** with bottom feeders we tryna eat. New blood at the top is always good but that company is in the ****ter.

We all going to make a killing this fall, it's crazy this thread is significantly less popular than female appreciation threads and the like. If they knew better they'd do better I guess.

 

[wizards23]

Anyone getting into BBRY? Maybe a buyout ?

**** no man, there's so many companies that are killing it, we don't **** with bottom feeders we tryna eat. New blood at the top is always good but that company is in the ****ter.

We all going to make a killing this fall, it's crazy this thread is significantly less popular than female appreciation threads and the like. If they knew better they'd do better I guess.

as the saying goes "don't try to catch a falling knife". BBRY prelim earnings numbers have them missing by 50% and laying off 4500 employees :x

 

[rightguard]

sucks for blackberry, they should have invested money to compete with apple and android when they were at their peak 5 years ago. I know someone will buy them out just for their enterprise email system

 

[awwsome]

You can't feel bad for them, they didn't know how to adapt, that's nature.

 

[lyonbc1]

You can't feel bad for them, they didn't know how to adapt, that's nature.

Cold game.