| Money Talk|| re: Can Someone Explain Selling Puts? - LSU0358 on 5/18/13 at 7:38 am|
On whether PM can drop to $50...is it likely? Probably not. But don't say it could never happen. Imagine if you'd sold Chase puts before the London whale story came out. Or sold BP puts before the oil spill.
A black swan type event can wipe a trader that sells options out. Buying options l...
| Money Talk|| re: Can Someone Explain Selling Puts? - LSU0358 on 5/18/13 at 7:27 am|
| O-T Lounge|| re: If yoga pants are so popular, why haven't yoga shorts caught on? NSFW - LSU0358 on 5/18/13 at 7:14 am|
When I went to LaTech I didn't discover girls volleyball until my junior year. Hardly missed a home game the next year and a half. God bless volleyball shorts.
| Money Talk|| re: DSX up 7.3% today - LSU0358 on 5/16/13 at 4:11 pm|
[quote]Wasn't trying to downplay the company.[/quote]
No problem. I agree shipping is probably still in the bottoming process (I base this off looking at BDI long term charts etc).
DRYS is the proverbial whipping boy in shipping. They currently have 345 million in cash on hand with 4.5 billi...
| Money Talk|| re: DSX up 7.3% today - LSU0358 on 5/16/13 at 2:06 pm|
I've done a ton of research for shippers in general and dry bulk shipping specifically. DSX is one of (if not the) best run shipping companies there is.
DSX is up ~50% on the year, so more than just a short term pop for them. Most shippers are in deep crap because of there debt load.
| Money Talk|| re: DSX up 7.3% today - LSU0358 on 5/16/13 at 10:23 am|
Not getting too excited til the close, but I'd like to see a new daily closing high above 10.71....
| Help Board|| can a mod move my dsx thread to the money talk board? - LSU0358 on 5/16/13 at 10:11 am|
| Money Talk|| DSX up 7.3% today - LSU0358 on 5/16/13 at 10:08 am|
Looking very nice....
| Money Talk|| re: Did a little buying yesterday in FB and CG - LSU0358 on 5/15/13 at 1:26 pm|
I've worked at there Coffeyville refinery and I just can't bring myself to own any of there stock. I haven't been there in 3+ years but back then there management was a disaster. ...
| Money Talk|| re: Did a little buying yesterday in FB and CG - LSU0358 on 5/15/13 at 1:24 pm|
On the fundamental side I like the revenue, quarterly YOY growth, and cash to debt ratio.
On the technical side it's a good low risk trade for me. If it drops below $24 I'd exit my position with a ~$3 per share loss. This is an 11% loss for my initial entry, which is ...
| Money Talk|| Did a little buying yesterday in FB and CG - LSU0358 on 5/15/13 at 11:27 am|
I put on a starter position in each stock. Will add when price is ~4% higher....
| Money Talk|| re: Good time to invest in a nikkei ETF? - LSU0358 on 5/14/13 at 12:49 pm|
If you are looking for another Asian opportunity I like the Korean KOSPI for a huge rally towards the end of the year. Still think it has some more downside coming near term though.
| Money Talk|| re: Good time to invest in a nikkei ETF? - LSU0358 on 5/14/13 at 12:37 pm|
Very nice play Powerman. I'm still kicking myself for missing the Yen shorting opportunity. I was short July/August last year and wasn't patient enough. I bailed 3 weeks before it headed down and missed a huge opportunity.
On the risk issue, risk can be managed with good use of stops and manag...
| Movie/TV Board|| re: GoT S3:E7 "The Bear and the Maiden Fair" <<<Book Readers Thread>>> SPOILERS - LSU0358 on 5/13/13 at 10:29 am|
The actor that plays Tywin does such a good job.
The scene with Joffery was perfect. Tywin stood over him like a wolf over a rabbit.
"We can arrange to have you carried."
| Movie/TV Board|| re: Started watching 'The Wire' last night... (no spoilers please) - LSU0358 on 5/10/13 at 10:11 am|
McNulty: If snot boogie took the money and ran every time, why did you let him play?
Street Guy: Got too, this is America man.
I was hooked right then....
| O-T Lounge|| re: I was denied in my attempt to adopt a German Shepherd from a rescue shelter - LSU0358 on 5/9/13 at 3:08 pm|
Had a german shepherd growing up in Bossier. Her but lived outside year around, including at night. Give her a good shave during the summer and it will be fine....
| Money Talk|| re: Fire or Not to Fire? - LSU0358 on 5/9/13 at 3:04 pm|
[quote]job site 1 hour late[/quote]
Almost a fireable offense by itself. Combined with these two:
[quote]Wearing tank top and shorts and flip flops(was provided a uniform). Proceeds to not introduce himself to customer and rudely says I'm here to do "xxx"[/quote]
He should be gone on those...
| Money Talk|| re: new dow high,every stock seems to be at an all time high..what are you buying? - LSU0358 on 5/8/13 at 4:46 pm|
Not buying anything at the moment, just enjoying the ride.
In my long term investment account I'm averaged in at $7.50 in DSX, $94 in MMM, and $37 in XLI.
Some stocks I look to buy soon in the long term account are HPQ, CG, and CBI.
In my short term trading account I'm out of any stock posi...
| Movie/TV Board|| re: Who on this board watches VEEP? - LSU0358 on 5/8/13 at 4:14 pm|
I love the show.
"It's somewhere between Turkmenistan and I don't give a f***istan."...
| Political Talk|| re: The NRA's position on 3-d printable guns will be interesting. - LSU0358 on 5/7/13 at 8:38 am|
I actually agree with Rex on this one.
Any thing short of full support would be a black eye for the NRA....
| Money Talk|| re: Getting into silver - LSU0358 on 5/4/13 at 9:30 am|
Agree on the SLV. One takes a ~5% hit buying and selling physical.
Also with the gains being made in equities and PMs taking such a beating lately (as well as the advancing US dollar) are PMs a good place to be?...
| O-T Lounge|| re: How muddy will it be at jazz fest Saturday? - LSU0358 on 5/4/13 at 9:25 am|
Definitely a slop fest yesterday. Anything short of rubber boots and you'll be pretty nasty....
| Music Board|| Jazzfest and transportation - LSU0358 on 5/1/13 at 4:27 pm|
My wife and I are going for the weekend. We'll take a cab to Jazzfest in the morning. I was wondering if there are cabs available in the evening, or would one need to take the shuttle back to Canal?...
| O-T Lounge|| re: Holding boys back in Kindergarten so they can "mature". - LSU0358 on 5/1/13 at 9:49 am|
Definetly a money grab if a private school is pushing for this and it isn't grade related.
We are probably holding mine back in first grade because he's not progressing well enough in reading to advance. The public school wants to push him through because he has enough "quality points" (meanin...
| Money Talk|| re: Interesting Tidbit on the Sell In May theory... - LSU0358 on 4/30/13 at 12:56 pm|
[quote]No one knows what will happen, but history has proven this theory has some merit. [/quote]
I personally think a pull back in the 5%+ range is coming. But I've been thinking that since Dow 14,000. ...
| Money Talk|| re: Interesting Tidbit on the Sell In May theory... - LSU0358 on 4/30/13 at 12:36 pm|
I'm not nearly smart enough for all of that
Neither is anyone else[/quote]
Agree. Just because in general (aka looking at 61 years of data) a method works. The 1 time out of 5 it doesn't could be devastating. Or in this case, could cause one to miss out on huge gain...
| Money Talk|| re: Interesting Tidbit on the Sell In May theory... - LSU0358 on 4/30/13 at 12:06 pm|
[quote]'13 - ???? Possibly budget/debt ceiling in the US[/quote]
Benny is talking tomorrow. He could do the trick. There is also rumors of a ECB rate cut. A rate cut not occuring could also do the trick....
| Money Talk|| Interesting Tidbit on the Sell In May theory... - LSU0358 on 4/30/13 at 9:53 am|
From the Stock Traders Almanac
If you invested $10,000 in the Dow in 1950 and only kept the money in stocks
from November thru April you would have $684,073 at the end of 2011. If you
reversed the strategy and invested for the May- October period you would have
lost -$1,024 over the same 61 year...
| Money Talk|| re: Dow 15,000? - LSU0358 on 4/30/13 at 6:57 am|
Agree things are looking great. It's been a great year so far.
Things could be volatile Wednesday with first day of the month mutual fund action and Benny talking on the same day....
| Political Talk|| re: ESPN's Chris Broussard Calls Homosexuality a Sin During Jason Collin Segment - LSU0358 on 4/30/13 at 6:53 am|
Where did I call anyone a sinner?
I don't believe anyone should be persecuted. Including gays or those who don't bow to the PC police....