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  1. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    For those that still have a doubt...go check out insider transactions. 250 million shares sold in last 6 months. How many shares purchased by insiders? 47,000 (by 1 guy that was affiliated with netflix and made millions selling that stock last year.) Here is even the COO selling 100s...
  2. peilthetraveler

    Market down 434 points since Obama got re-elected 2 days ago

    4 more years is what you wanted. We are only 2 days in. We should be down 1,000 points by the middle of next week.
  3. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    3 weeks ago. A month before that it was 78 million short. What difference does several weeks make? Likely it will only be a few million difference. Even if I'm off by 10 or 20 million, you think the stock wont drop on a day when a potential 773 million shares are going to be sold?
  4. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    73 million shares are short in this stock. Thats not huge when you consider there are about to be 2 billion shares on the market. Thats less than 5% short interest. Basically if only 10% of the lockups sold their shares and 100% of all shorts covered on that same day(would never happen, but...
  5. peilthetraveler

    Contact Your Congressman - It's Our Only Hope

    We are all on the titanic right now. There is no way to stop the sinking. We can never pay back the debt we owe. Maybe if we cut our spending by 50% we could pay off our debt in just over 30 years, but that means 50% less money for education. 50% less for healthcare. 50% less for police...
  6. peilthetraveler

    GOOG at $666 and there motto is "Don't be evil"

    Punctuation... Always start a sentence with a capital letter and end it with a period, question mark, or exclamation point. You may be the spelling police, but I am the grammar police. :D
  7. peilthetraveler

    Obama bought you. You are corrupt.

    There is no difference between an Obama voter and a corrupt politician. He promised you compensation (I.E. healthcare, tax breaks for middle class, ect) if you gave him votes. What is the difference between YOU doing it and a rich man that bribes a politician to pass a law that favors...
  8. peilthetraveler

    Obama wins. Dow drops 300 points first 90 minutes of trading.

    4 more years. You got what you wanted. Unfortunately for you, 4 more years of Obama will mean you now will retire at least 4 more years later than you planned. Enjoy the trade off.
  9. peilthetraveler

    Ocommunist won, now lets talk civil war

    They only have 1% of CA votes in (and have romney ahead 53%) and the news are already saying CA belongs to Obama.
  10. peilthetraveler

    What song will they play if your candidate wins?

    If Romney wins... <iframe width="420" height="315" src="http://www.youtube.com/embed/Q65KZIqay4E" frameborder="0" allowfullscreen></iframe> If Obama wins... <iframe width="420" height="315" src="http://www.youtube.com/embed/Z0GFRcFm-aY" frameborder="0" allowfullscreen></iframe>
  11. peilthetraveler

    3 year old boy gets $2,500 ticket for peeing in his own front yard.

    She should've got Pre-paid Legal. :P
  12. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    You could be right. Sucks when I get the wrong information. Either way though, adjusting for the new numbers, I still expect approximately a 17% decline in price, which would put the stock at around $17.50ish on Nov 14th(if the price stays around $21 till then.)
  13. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    Here is another article from the wall st journal that says the same thing. http://articles.marketwatch.com/2012-08-16/industries/33225457_1_lockup-facebook-market
  14. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    I have seen a site that said it was 777 million and I think the article has some misinformation. I think they are assuming 1.2 billion shares were locked up this year TOTAL, so they are doing 1.2 billion minus the other lockups, but here is an article from bloomberg in august that says an...
  15. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    If anyone is interested in why I changed my bet from the $16 puts to the $19 puts, here is the reason. Math. When the lockups expired in Aug (271 million shares) the stock dropped 6.3%. When the lockups that expired in Oct(234 million shares) the stock dropped 5.02%. 1.2 billion...
  16. peilthetraveler

    3 year old boy gets $2,500 ticket for peeing in his own front yard.

    Next up...they will fine your pets for the same thing...
  17. peilthetraveler

    3 year old boy gets $2,500 ticket for peeing in his own front yard.

    http://www.news9.com/story/20010769/three-year-old-piemont-boy-gets-2500-ticket-for-peeing-in-his-front-yard The world has lost its mind. PIEDMONT, Oklahoma - A 3 year old gets his mom in trouble with the law when he gets a ticket from police. Now the little boy's mother will have to pay...
  18. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    Yeah, I decided to buy the $19 puts at .20. If it goes to $10, then I make 60% less money than if I bought the $16s at .05. If it only goes to $15 I make about the same money. If it only goes to $17 or $16, then I at least get a few bucks out of the deal and didn't lose anything.
  19. peilthetraveler

    Short facebook. On Nov 14th, it will be trading under $10

    You are long facebook, arent you? :) And I think you missed the whole point of my post. I've said this is a sort of long shot type bet, but I believe the odds are better than normal of hitting this lottery ticket because of the expiration of lockups which is greater than the amount of...
  20. peilthetraveler

    US defaults :-)

    There are 5 in my family (Me, Wife, 3 kids) Every month its like the government steals our credit card and puts $1,750 on it EVERY month. Thats how out of control this spending is. The average person doesnt even pay that much for his house. No way is this EVER getting paid back.
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