chaddi said: Amazing how DJIA went to almost 12,900 from 12,050 in just 2 weeks on Spain/Greece crisis and worsening US economic data.
hoping there is no op twist extension tomorrow. it's difficult to trust these levels on a long term basis, given the world environment. i don't wanna focus on day to day so much anymore, but to transition when things are sky high like this (which basically counters the economic statistics) is suspect, imo.
For as much as you talked about getting into ARNA, I figured you at least had a small position by now. I'm not sure how much longer I can let mine ride, I'm spending more and more time just staring at that ticker...
ARNA will be unpredictable until June 27th FDA decision (what ever it might be). If you have a good position better liquidate at least 50% before the date as a hedge. Even a delay is going to kill this stock on June 27th
Ugh should have bought the MSFT $31 calls yesterday when they announced the Surface... looks like that tablet might be decent, stock did nothing on the news during yesterdays session.
DelCheapo said: Ugh should have bought the MSFT $31 calls yesterday when they announced the Surface... looks like that tablet might be decent, stock did nothing on the news during yesterdays session.
I did buy 500 @ 29.85 AH but since there barely any movement, I chickened out and sold @30 an hour later. ...
kantscholar said: DelCheapo said: chaddi said: RIMM looks like a good short. One of their top supplier pulling out because of supply chain issues and lack of demand.
Is the stock market open today? It's a good day to short RIMM!
Earnings coming next week/Thursday 28th, should be fun.
I'm glad to see that my saying about the airline stocks can be applied to other dogs like RIMM.
Yes I should have given you writers credit for that one...!
For as much as you talked about getting into ARNA, I figured you at least had a small position by now. I'm not sure how much longer I can let mine ride, I'm spending more and more time just staring at that ticker...
couple 40k positions, made about 1500 off it ytd, 1 other day in 8s, another post adcomm AH. but no position at present. this drop seems ominous, last time this happened, a -6% dip followed the next day. i've lost my mojo too
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