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The PUMP is on JOE

Max, Actually I shorted only 1,000 CD because I thought it might go higher than 22.10 (where it was trading) when he started talking about it. But, then Cramer said there would be plenty of stock for sale and not to bid it up. As to Friday's fades, I did short 4,709 ATK at an avg of $76.64...

I am surprise so many losing traders can afford his fees!

GME is buying ELBO. You might look to buy that too. He has pumped GME so much I don't know if it moves

Kev, CHK ran 70 cts on Cramer's shtick. PG ran about the same and there's 174,800 offered in the book at $56. The order has been there for several days.I'm simply betting that I can either buy PG below the price at which I shorted it, or buy Gillete at less than up 70 cents. PG has a...

Kevin, you may be right. It certainly wouldn't be the first time. CHK is offered at 27.17 now and PG at 55.90. I've been wrong many, many times in 7 years. I've been short STN since 67 and was down $15k on it until the last 2 days; now I'm down 4,500. I have been short 3,500 SPY for quite...

C'mon guys. I'm sure there are people like that on ET. I'm not one of them. There are also guys on these boards, lurking or posting, who make millions per year (as in $10 million +--not me). They like to hear what people have to say. FYI, I have been a prop trader for 7 years. I have $30 mill...

Why would you not believe me? I have no reason to lie. I've been shorting Cramer's picks only to find it necessary to triple the position on the open to get back to even. For example I shorted 3500 TEX Friday at what turned out to be bad prices--an avg of 49.40. I shorted another 9,000 at...

I said "if"

Your sarcasm is welcome, but I believe I corrected that post by saying it was 1/2 point. What I find interesting about the gun makers is that the bill Cramer is talking about isn't even up for a vote in the House--at least from the story I read.

If I get that much in interest and dividends, is it really treeacherous?

Let's see. I short 20,000 SWB at an avg of 5.48, then another 30,000 at 6.95 on the open. I come into Fri short 5,000 RGR at 10.65 and short 8,000 on the open. Hmmmm. ended up making money, but could have made more by buying Thursday, then selling and shorting on Friday morning.

Can someone give me a clue as to the best options trading platforms--i.e. speed of access to markets, range of markets that can be accessed, ability to trade across markets, etc, etc.?

114 pages of comments indicates to me there are too many people using this strategy and it is of limited benefit

It is not illegal. What law school did you go to?

You have clearly forgotten the First Law of Successful Trading: DON'T LOSE

Since OB doesn't represent market orders, I have noticed that indications prior to the opening are sometimes designed to take advantage of pre-market traders. It's a simple thing to put in a 500k share market order to affect the indication, buy or sell on an ECN, then cancel the market order...

I have had problems with ARCA lately. I understand it's on their end. I had orders in to short MOT Friday after the close for up to 200k shares--luckily only 38,000 filled since Cramer made it his stock of the week and it's on the cover of Barron's. The rest of the orders were in the ARCA book...

I have well over $1 mill and I wouldn't pay anyone to manage my money. How do you think I got the money? I am 45 and could retire with $10-12k per month in income, but when you like to travel first class and live richly, you need more so I still trade.

These are all good posts. The guy discussing the stock market as an alternative investment is missing the point here. I think those of us investing in CD's are looking for stable income. As to a 9% long-term rate of return in stocks, I don't have the "long-term" left in my life. Besides, I...