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  1. The_Krakenite

    Jim Cramer

    I'm trying to figure out if the poster of this thread was just being sarcastic, or is some 'millennial' who obviously missed the part where Cramer screamed at the cameras and repeated to everyone that what ever you do... DO NOT TAKE YOUR MONEY OUT OF BEAR STEARNS!!
  2. The_Krakenite

    Florida passes bill to eliminate Disney's special tax status

    I believe California has everyone beat for wokeness. Can't evict house-sitters, and can't even arrest (or stop) shoplifters... among other things. Yes, I know it is very hard to find a place out there worse than Chicago... but it's still hard to beat Cali in that regard. Can't blame Elon for...
  3. The_Krakenite

    Florida passes bill to eliminate Disney's special tax status

    No sympathy to Disney from me...
  4. The_Krakenite

    Micro-ETH Futures -- Big Swinging Dick

    Today, April 20 is definitely the Historic day for Netflix. Despite yesterday's horrendous 25% drop, we dropped AGAIN close to 40% this morning. And this isn't even including the land-slide that started earlier this year. Looks like the Nasdaq Tech-Wreck is till here and no signs of leaving for...
  5. The_Krakenite

    Ross Cameron - Fake? Student proof. Legit or Scam ? Warrior Trading Exposed

    IIRC, in the lawsuit vs Ragingbulls, there was a subpoena to get the 'legit' trading records from their broker(s). BUSTED!! And when I say busted, that's an understatement. These guys couldn't even get LUCKY in the markets to make a buck. All money they made was from over-priced subscriptions...
  6. The_Krakenite

    Ross Cameron Small Account Challenge: up 100% in 4 days

    This was posted already on Elite Trader, but thanks for bumping up this ancient thread. As a side-note of interest, I looked on Ross's youtube channel yesterday, he was still uploading his trash, LOL.
  7. The_Krakenite

    SELL CALLs and wash sales

    If people get into a real mess in their portfolio, they can try to go for the 'hail mary' re-set button. This would involve closing out ALL trades that have carried a wash-sale in some way for the year, and then waiting 30+1 days while remaining flat. I say 30+1 days because a lot of users...
  8. The_Krakenite

    how do i figure out what is triggering this?

    That chart looks similar to NetFlix... :D
  9. The_Krakenite

    TSLA 2022

    I wonder who were those suckers that had bought NetFlix at over 700 a share. I wonder what those bagholders are thinking now... Is it the CEO's fault? Is it Cathie Wood's fault? Putin?
  10. The_Krakenite

    SELL CALLs and wash sales

    Who cares if you sell the stock, unless it is selling at a loss. Or you have to buy back your call at a loss. But I have to ask, why are you risking yourself by going naked? This does not end well... I can tell you from personal experience.
  11. The_Krakenite

    Netflix, hehe.

    Speaking of Color... remember 10 years ago when you walked into Futureshop or Best Buy, and you couldn't even find a normal TV, it was only 3D TVs and were the wave of the future. Suddenly they seem to have vanished, even FutureShop is gone from the face of the earth. .:sneaky: That said, I...
  12. The_Krakenite

    Ross Cameron - Fake? Student proof. Legit or Scam ? Warrior Trading Exposed

    I'd like to say bye-bye warrior trading... after being busted. But, after RagingBulls got outed earlier, seems they left their site still behind (with changes) to try to... pretend nothing really bad happened out of it. Let's see what... *caugh Warrior Trading does next.
  13. The_Krakenite

    Netflix, hehe.

  14. The_Krakenite

    Netflix, hehe.

    https://ca.finance.yahoo.com/news/ackmans-fund-likely-feeling-netflix-002128732.html
  15. The_Krakenite

    SELL CALLs and wash sales

    So I guess the answer to my question is yes I think you read that wrong. There are some nuances to be aware of, at least if you are in Canada: "- if you are holding a stock and the position is declining, you may want to protect your downside by adding a synthetic short to the position until...
  16. The_Krakenite

    Netflix, hehe.

    I haven't used NetFlix in years, aside from when my girlfriend used to visit. Yes, a lot of what they have is kinda old... like watching The Walking Dead when you know everyone else is a season or two ahead of you, haha. A lot of the movies were just... really bad. If it was rated 3-stars you...
  17. The_Krakenite

    SPY after hours

    Well, Roku was actually UP for the day (quite a lot earlier in fact). Which was interesting, as I was expecting it to continue the slide downward today and was ready to short more PUTs. Still it closed in the green.
  18. The_Krakenite

    Netflix, hehe.

    I am puzzled why that was not priced in. It was obvious when they canceled what... 1 MILLION Russian subscribers, and prohibited any further signups going future. Not to mention, most people I know who have Netflix aren't even paying for it. They just share passwords. There is no incentive to...
  19. The_Krakenite

    SPY after hours

    You are trying to find a SIMPLE SOLUTION to a much more complicated PROBLEM. This is what Hitler tried in order to solve Europes problems back in the day. We can sit here and debate all the complexities and reasoning for why this or that happened, but you still won't have solved it. One example...
  20. The_Krakenite

    SPY after hours

    The problem is that US markets are over-leveraged, particularly in tech/Arkk stocks, so even just one popular stock taking a shit like 87' can trigger a lot of potential and real margin calls, so you get a lot of other equities that begin to get sucked toward the vortex due to damage control.
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