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Some of what you say is true but one of the major reasons kindle books are priced low is to provide an incentive against piracy, yes you can get it pirated but it is a pain in the ass and it takes time to find pirated versions, for most people it is just better to pay $9.99 and move on. If they...

I would highly advise you not to throw $80K away doing this, the HFTs will eat you for lunch. Read Dark Pools

Too late now, NQ is now pumping its stock with PRs. Stock is squeezing. Could be a good buy on M&A rumors if they come out at some point

Let me put a correction here, it looks like Cutten is right, some people might exercise their puts even with the stock halted and the last trade putting the option OTM because they would be speculating the stock would open down 80-90% in the grey sheets (which is a likely outcome IF the SEC...

I sold those $30 puts at a small loss and bought $95 Mar puts a few weeks later. I agree with waiting to the momentum to die out, I should have waited for a lower high on the daily chart or fundamental catalyst before buying

It looks like you are correct here, so this adds another risk. But IMO, its extremely unlikely the company would suffer SEC action by Nov 18, even Sino Forest it took quite a while for anyone to do anything about it. The main question is what is where is the price where the stock stabilizes at...

If they halt that is good for people short vol (as a long you are OTM), I wouldn't short calls because squeeze risk is too large but shorting the puts it is potentially attractive. Hoping for another panic today at open

Not if the put is OTM by the time the halt happens. The cap requirement is not really an issue because the stock is already close to the max loss ($0), when I checked at IB the req was $60 per contract ($200 premium), that will rise as the stock goes lower but I'm not saying one should bet big...

At $6 the puts I was considering (Nov $8) would break even (I almost shorted them at $2, now they are lower)so even in the bad scenario, it ain't so bad

The last three MW china frauds were total flops for shorts (I know because I lost money on them), FMCN (bought out), FISN (bought out), EDU (rumored to have a buyers, squeezed like crazy). Shorting NQ at $8 is like shorting HLF at $30, you are hoping for government action during a crowded short...

LPH took MONTHS to come back after the NYSE halted it and refused to unhalt, the SEC issued a suspension and the stock now trades on the grey sheets I believe the odds of SEC action by Nov 18 is already low (they need to investigate and that takes time), but even if they do that is GOOD for a...

Shorting NQ puts could be a potentially interesting BEARISH and bullish play at the same time. If they halt this thing, the Nov 18 puts are likely to expire worthless (it takes quite a while for a stock to trade again), if the stock squeezes you bank. IV is off the charts I'm considering this...

http://www.zerohedge.com/news/2013-10-02/ackman-books-herbalife-losses-forced-cover-40-short-avoid-being-forced-cover-short Ackman reestructured his trade and HLF tanked 6 points. Still think he made a mistake here, he should have bought way OTM calls for 6-12 months expiration, first because...

Sold rest of ZQ position. Front end is hot right now, the secret to make money in that is to buy when nobody wants it and sell when everybody wants it. When the fed threatens to taper I might rebuy, I want this thing down a lot in a short period

does anyone know if the JCP offering size was added to the volume today? in the ackman sale I know it was

Yeah they have to get sales up a lot to beat the negative cash burn but I don't like to argue with irrational runups anymore, I just try to get out of the way and even profit from it

Gotta be careful with betting on bk because if sales bounce back the stock price rallies and that gives the chance to the company to raise equity AGAIN. I made a similar mistake in 2009 when I bet that a lot of companies that had a ton of debt would go under, when the green shoot rally started...

As far as company survival is concerned this offering will help a lot, my main concern was if management raised debt not equity, that would guarantee zombie status and create a vendor induced meltdown next year. With this equity they can fund the new CEO plan and see if sales bounce back hard...

I posted this article Sunday http://seekingalpha.com/article/1707042-j-c-penney-is-dead-money-get-out-while-you-can Made a great call but didn't short the stock, was busy with other stuff and missed the move I wouldn't be shorting right now. I will actually wait for the stock to form some...

Sold another 1/4 into this weakness. Will hold final 1/4 for long-term. If the front end dips again I will very likely buy, maybe even bigger next time