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In terms of buyout, I hear that AMZN has SBUX on its radar to acquire. I believe it makes sense as their culture are close. AMZN is now getting into BM business. I heard they will have a shelf of best seller books. Anyone else has heard this rumor?

If you want a really strong stock with made of concrete fundamentals , check out HLF (Herbalife). Ackman spent billions to kill it and he could not. It is a pyramid company but somehow it has stayed strong. I have never traded HLF in my life.

It looks boring and at some point, it might seem it is a strong stock when many stocks drop a lot but suddenly one day it drops $10 and more. The trick is not to get excited and use all your gun powders at one time. I am selling weekly 115 calls and also shorting and also selling biweekly puts...

I believe CAT hit a ceiling and all reasons for a bight future for this stock is gone. New constructions? with which money? Tax cut? which one? Country is busy talking about Alt_right and Alt_Delete. I am shorting CAT. Not recommending it for faint of hearts.

agreed

Please check out the borrowing cost of stocks in IB. https://www.interactivebrokers.com/en/software/tws/usersguidebook/specializedorderentry/compare_borrow_rates.htm

Lets say you have 30,000 in your account and you short 1000 shares of a stock which is $5 per share and it does not pay any dividend. You will not be paying any margin interest but if you keep this position for an unlimited period of time (I mean decades) even if the stock stays exactly at $5...

Market is realizing that either everything is overvalued and should be sold or when many crappy stocks are traded at ridiculous prices, a decent stock like SBUX is a strong buy and target should be over $80. That is why SBUX is creeping up after the fall just on earning AH.

SBUX will go ex dividend tomorrow (August 2nd) with 25 cents dividend.

what happens if it goes to $32? Will you buy it or you will say there are more supports at 22, 11 and 1? You have to get your hands dirty at some point but keep enough ammunitions for possible future surprises.

SBUX came up with in line results yesterday. The shares soared from 59 to over 63 for a few minutes and then it slowly dropped to around 55.5 at close. Now it is trading below 54. I believe it is great stock to won and good time to short term bottom fishing. My short term target is $58.

You can set your alerts in IB and then text them to your cellphone

Well HD dropped almost 5% today. HD can go to $124 if market also drifts.

I already told you guys that HD will drop. Actually I said it yesterday in my " short CAT" thread. Next stocks to drop are MMM and CAT. On buy side SBUX and GLD.

The best way if are short at $97 is to have enough cash to short more at 108 so you can average down. If I am short at $97, I sell call 110 to get cash or average at (110+97)/n . I feel market is toppy and I predict HD, MMM, CAT will go lower. I am going long on SBUX and GLD at the current price.

I cannot get tempted not to short CAT at above $109. Absolutely no justification for the stock to be in this range. Overvalued by $30. It is just my idea. Not pressuring you to short it.

I also added CAT and HD to my short list as of yesterday.

it was good to see 50% gain a month but seeing my account drop 30% was very painful. I had 70000 shares of YHOO at 14 and sold it at 16 and then it went to over 40.

between 2004 to 2012, my ROR per month was about 4.7% per month. I had a month with 56% up and a month with 38% down. I do not do that crazy stuff anymore. Now it is about 14% to 40% per year. I am trading on 5 different accounts.

Thank you. Although I trade a lot but kept quiet in posting.