Recent content by Flagada

Thanks for the thorough reply! The cost basis was something close to 0.487 (I averaged down when I thought I was getting a great deal) i thought about shorting the stock but it is now in the low $1 range and my stroke is at $4. I can only be comforted by the fact that I made my gains on the...

I did notice what you were pointing out, I’m on the lookout for that shift or any shift next week, we shall see. my point was when you only have $3k left on a $30k position, I could wait and see if things would pivot or turn around even slightly. I do understand that I could have / should have...

Since the Calls are/were trading a 0.1, I’ve been waiting for the odd spike to 0.2 and slowly reducing my position. that article references Hindenburg, I’m familiar with his practices. He is in numerous lawsuits for fraud and defamation (doesn’t mean he’s wrong) but it’s a tactic he has used...

Market was $17bn reported as $5bn; out of top 10 industry competitors, 5 or 6 were not even ranked in the top 100 companies in the space. They were showing certain product growth rates at 10-15% CAGR while we clearly knew these products were sunsetting. Again, this is just my opinion, but I...

For instance, one report I purchased in the energy space directly covered a company we owned, and the data, assumptions and industry trends were inaccurate. I paid $2,800 for that report. It seemed to have been written by someone who googled data vs. digging deeply into the industry. Disclaimer...

I'm new to the trading game but I spent 20 yrs in private equity. IBIS has let me down numerous times on Industry and Company specific reports. I would pass on them. My 2 cents

Great advice. Thank you!

I mean, I don't want to sound like I'm a complete reckless fool, my trading account is much larger than this position so this is a relatively small position but I completely understand how risky it was and I've learned from it. 90% of it's value is gone, so at this point, I might as well roll...

Thanks for all the replies. Awesome community here! I was lucky enough that I exited my position on the stock when it peak at $3.8 so I have more than covered any losses on the Calls (just got greedy there and over purchased Calls) i was looking for a way to salvage some of the losses but can...

Apologies. I should have mentioned that my Strike is 4 and expiry Jul 17

Obviously I'll be using this as a teaching moment (with $30K...idiot) but what if I "sold the same Call, same period and same stricke, wouldn't I be limited to the spread between the 2?

Just to clarify, I meant to say this is my actual trading account trading with real money.

No this actual trading not SIM. The stock is IDEX

Good morning - I'm new here! I hope this is the right forum to ask for help. I bought 600 Call Options expiring Jul 17 for $0.50 ($29,000) they are currently trading for $0.30 The stock is hovering around $1.9 to $2.10 but could dip further or rise rapidly - god knows. Any thoughts on how I...