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  1. W

    President Romney (futures bets)

    Obama has been using the EPA to put the hammer down on utility companies that use coal - which added to why coal got crushed. (Romney could reverse this immediately.) The other reason coal is down >>> natgas is cheap. Coal should spike on a Romney win (ANR/ACI/JRCC). Romney won't make...
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    HPQ is the next Kodak. Perfect long term short. Better than bonds.

    The BI story is a pretty simplistic way of looking at things. They had huge goodwill on the balance sheet since forever. How's that new ? Who cares if they write it down ? Doesn't change the fact that FCF has been positive for the last 10 years. Also in the past 10 years they bought back...
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    Ready to short boys?

    Last month bad news was good cause that meant an inch closer to QE... At some point in the future we'll call what's going to happen next the Bernanke Bubble - there are just way too many companies running around at 10-20x revenues being pushed up higher and higher by QE and Govt money flow...
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    Will GM get a second bailout or is this it?

    GM #1 again due to Govt financing at 0% ... isn't this the same thing we complain about with Chinese companies ? GM didn't make money when the economy was good over the last 30 years ... why would anyone expect them to make money when times are tougher ?
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    MCP, value play or value trap

    I think MCP is too hard to figure - (I have owned it and made some money via CC's, but was happy to get called away.) I think you'd be better off in ACI & ANR - still have lots of option premium and more upside then downside IMO
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    Ready to short boys?

    China news = bad (slowing growth which is probably much worse then official numbers) Euro news = rioting in streets Japan = can't figure out how to drop their currency faster then everyone else Japan+China = serious problems for both economies (only the 2nd and 3rd largest in world) if...
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    Put Writing timing

    As a noob you are better off with covered calls - I know the experts will disagree with me, but they're wrong. New investors can easily make judgment errors when calculating margin, and if a stock dumps don't know how to sell or fix their situation. Buying a stock and then selling a...
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    Short sale question TSLA

    Depends on your account size and broker - As far as OLBs for us small guys I think only IB and Schwab offer some kind of return when they lend your shares out - I believe that shares held in IRAs are considered cash accounts and shares are not lend-able, but who knows - I've gotten different...
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    Spanish bank stocks

    m22au - What do you make of the recent reports ? The market today didn't seem to like it for BBVA & SAN ~ I've been under the thinking that until Spain asks for that bailout that there is still another shoe to drop and that could cause quite a market drop. Spain isn't Greece - the...
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    Qcor

    Pop today didn't last long ....... buyback news is good, but it'd be nice to see mgmt step up and buy back some of those shares they dumped... I snapped up some Jan 16$ calls yesterday hoping for a pop over 20$ ~ I'm way ahead from put spreads ~
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    You've heard it here - after election - BOOM, BOOM time

    Israel can't be seen as the aggressor ... I think they're hoping Iran will attack first.
  12. W

    Moody's Rating of Spain

    I think they'd wait for Spain to ask for a bailout which seems likely, and then look at the pieces of deal. Bailout happening should be more important to market then downgrade IMO, but who knows ~ We might see a pump into the end of the quarter... Would Spain wait for our after hours...
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    Black Monday

    Black Swan needs a catalyst ... Spain asking for bailout might do it ... or Iran/Israel ~ I would love a 10% down move ... doesn't have to be in one day.
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    bought 29/28/27 puts of CDE

    I also like sub 1$ stocks. If you like EXM you might like PRGN ~ others that I own or trade JAG, CXZ, SSN, URRE (out of these ATM) CPST has good base at 1$ MTG makes a nice CC candidate I tend to buy & keep buying if it goes lower & wait for a move up.
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    bought 29/28/27 puts of CDE

    Were you trading Sept expiration ?
  16. W

    Qcor

    Just a thought for you guys convinced it's going back to 50$ ... you can buy the Oct 40-42 call spread for like .20 cents (@29.50) - 10 contracts will cost ya 200$ versus 100 shares of stock which will run ya 2900$ Using options is alot easier way of making ~2000$ ... let's face it the stock...
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    Qcor

    Problem with these 20x revenue companies is they have alot of air that can get let out if anything bad happens. It was 20x revenues yesterday - only 9x now. Fidelity was already at 15.56% ownership (they cap at 15% usually), so they won't be buying more, and insiders had sold 2.5m shares...
  18. W

    Qcor

    I really thought the companies statement would get the stock higher after the halt ... was surprised at lack of pop. I'm long Sept & Oct Put spreads - if it's under 40$ I'm good.
  19. W

    Will bad housing numbers send the market soaring from now on?

    Housing starts are still like 70% off the 2007 numbers... so 30% up over last year ain't saying much. More then jobs data ... I think we'll see big companies talking about fiscal cliff and laying off people as the election draws closer and the Repub CEOs get desperate as things are looking...
  20. W

    bought 29/28/27 puts of CDE

    I do better w 4-7 months out puts - if a stock goes higher I can add another put or a higher strike or another maturity. The Euros are going to print ... that should drop Gold & Silver - look at charts of FXE and GLD in the last year you'll see GLD came down when FXE was down. I do like...
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