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  1. N

    Took a quick penny trade.

    long 10 puts, 40 dollars (138 strike expires this week.) on SPY If FOMC and the other economic news spook the market I could make some change. or lost lunch money.
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    Maybe it is time the GOP drops Religion/Abortion/Social issues

    And focus on being the fiscal conservative/small government party? Stop trying to police peoples private affairs, leave that up to the states and local government?
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    I dont get it. Who is buying all the Facebook shares ?

    You are, if you have a 401K you put money into every year.
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    I dont get it. Who is buying all the Facebook shares ?

    Americans with 401K. They provide a market for this garbage and this is how they provide the wealth transfer from Joe Six pack to the Wallstreet/banking industry.
  5. N

    Billionaire unloads most of his FB shares

    Anyone who has a 401K is buying. Mutual funds buy this garbage for 401K investors.
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    Why is Romney not disclosing his returns?

    https://s3.amazonaws.com/s3.documentcloud.org/documents/392937/stericycle-13d-1999.pdf Romney's name popped up 7 times, Voting rights as well. :D
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    Why is Romney not disclosing his returns?

    Just like the SEC went through Madoff's Ponzi with a fine tooth comb. OR MF global or PFG Yeah do you really trust the government to do a bang up job. Now public scrutiny could shine a light on his returns that would bring the attention of higher senior level IRS folks to look over his...
  8. N

    why would any thinking woman vote for paul ryan?

    Republicans are all talk. They would never cut foodstamps or welfare.(A back door Lemon socialist program) Otherwise Walmart would not be able to pay those low wages.
  9. N

    Why is Romney not disclosing his returns?

    But if that is the case, then just release them. Not like no one is going to be surprised that he pays no taxes or maybe 15% at best. The whole "I wont release" just adds too much mystery/suspicion/uncertainty and that is worse. Unless what he has is so bad that (or illegal) that he would...
  10. N

    how do I get into the Romney tax program?

    Found this interesting 4 page article. He definately was the Classic Gordon Gekko. ie: borrowing against the company using the Pensions pools of the companies he bought, then using that borrowed money to pay himself a special dividend. Finally liquidation. I do remember the 1980s was a...
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    Why is Romney not disclosing his returns?

    Funny you mention that. My wife said something that his IRA was X amount of dollars and she that that made no sense. I told here I agree but that maybe she heard something wrong. Since 401Ks are capped in the amount you can put into every year. but all this speculation is not helping him...
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    how do I get into the Romney tax program?

    Those short term trade taxes are expensive. IT is said he has some kind of corporation he gets paid a dividend. So can I just create some kind of corporation, buy "Shares" in it and they just pay myself a dividend taxed at 15% from my options/trading money?
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    Why is Romney not disclosing his returns?

    The non disclosure is doing damage. more damage than disclosure. Unless So something makes no sense. #1 if he barely paid any taxes, so what if he releases it it will be a big yawn and everyone would think "I knew that" and end of story. The only thing I could think is he broke the law...
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    Tax Loss ETF.

    Would such a thing make sense. An ETF that buys crappy companies so that you can buy the ETF and sell it for tax loss purposes? It would have companies like Groupon,ANGI,FB etc..
  15. N

    knight capital Rumors TACGNOL was involved in the knight capital mishap.

    Makes sense, better to test in the real markets. Everyone knows paper trading aint worth shit. :D
  16. N

    I closed out all my short put positions.

    VIX at 5 years low, would be stupid not to cash in my chips and go home. Wait for the next run.
  17. N

    Can I "roll over" my Options contract month over month?

    Cramer and Options trading. Sounds like a recipe for disaster.
  18. N

    College isn't just "not worth it", unfortunately, it's a negative.

    I did not go to college, I learned a Trade. by the time people in my age group finished college I already had a nice head start. I had a home and a good amount of savings. And real life experience.
  19. N

    The Ivy Portfolio

    By the time it come out in a book the value of the strategy has been exhausted and they are just trying to collect whatever residual value is left by selling to book to the masses.
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