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FRI. DEC. 31- New Year's Eve- And The Markets Are Open There are three notable New Year's Eve trading sessions that I can recall. In one year, I had a very large position in a stock named Omnipoint (50,000 shares) which I gradually sold off over the course of the day to take a capital loss...

THURS. DEC. 30 - Man Vs Machine Over and above the classics like “All In The Family” and “Cheers,” my favorite television show of all-time is “Jeopardy.” I cannot speak to the reality TV craze as I (fortunately or unfortunately depending on how you look at it) tend not to watch...

WED. DEC. 29- The Rare Earth Play Yesterday, I spoke of the importance of educating oneself perpetually but particularly taking an opportunity to do so when it is a bit slower. During our morning conference call, I made reference to the fact that I took quite some time to learn about the...

TUES. DEC. 28- Taking Time To Learn I once was a relatively young kid a long long time ago. And although I was a young kid, I still had the same zest for trying to "do it all" that I have now. Much of it- both work and play- occurred relatively late at night. And let me tell you something...

MON. DEC. 27- The Week Before New Year's OK…so now we’ve here after a nice three day weekend and into New Year’s Eve Week. So now what? Well, typically the week before New Year’s actually has a different ‘feel’ than does the week before Christmas. There are several main...

Quite honestly, in the absolute immediate-term, I am much more interested in the science than the actual stock which is why I asked for more information. I appreciate the extra links and wish you happy holidays (and hope- genuinely- EXAS works out for you monetarily and that the company's...

THURS. DEC. 23- The Eve Of Christmas Eve The oldest philosophical question in the history of the world is “Why?” And of course the answer to that question as any student of philosophy knows is “Why Not?” The 2nd oldest is “What’s Up?” And the answer can range from “Not much”...

I noted ITMN was not EXAS. I noted the circumstances were different. My point stands, however re the share offering; like I said we’ll have to agree to disagree as to whether pricing a share offering 30% under where the stock was three days previous is a good or bad thing. I am well aware...

It's semantics, but the one point we'll have to agree to disagree on is the offering. Even if as you say mangement was guiding investors toward those numbers re the test, it should not have sold off 30% plus. But again, it's all philosophical because that is what happened (although the stock...

Secondary offering- I’ve been in this business for a very very long time and do very much know what I am talking about on this particular score. I do not know if you have a position in EXAS, but as a completely unbiased individual, I am very correct. I get it re ‘sell the news.’ I get...

Two Halves Still Equal A Whole I have two decent analogies to start this one and as a heads-up- this piece is particularly aimed at some of the newer traders to this day trading game, but it's still a good reminder for all of us- particularly me. As my mind is still on the last vestiges of...

TUES. DEC. 21- Enjoying The Fun But Knowing What Could Happen We had a huge pecan tree in our front yard when I was growing up. When I say "huge," I mean there were autumn cleanups in which we'd have upwards of 60 brown paper grocery bags filled with pecans. I always think of that tree at...

MON. DEC. 20- Irrelevance You ever had a somewhat bad day just not care biochemically in that your mood didn’t change? Doesn’t happen often, but it happens. Conversely, ever had a pretty good day but you just felt, well, neutral to slightly blasé? Well, welcome to the last couple of...

FRI. DEC. 17- The 3rd Friday In December The calendar says that the last day of the trading year is December 31. However, for many traders, today is the last day of the year. Historically, the last two weeks of the year are the lowest two weeks volume-wise almost year-in year-out. A lot of...

THURS. DEC. 16- Re-living A Trading Day A few days ago, one of the nicest people on the planet made a post on our chatroom in which he noted that he was “sorry to have spoiled a perfect game” as all of the traders that day except him were at least marginally profitable and much more...

WED. DEC. 15- Preventing "Prevent Defense" A couple of mornings ago, I was speaking with a colleague who started trading a few months ago. After a little ‘getting used to it’ period, he actually had a relatively sustainable period of success. To his absolute credit, he didn’t go nutso...

TUES. DEC. 14- Dealing With Comebacks and Givebacks Before the time I became an adult (but then did I ever become an adult?) and had truly lazy time, I’d occasionally watch a college basketball game- particularly one in which the team of my alma matter (Indiana University) was a part of. I...

MON. DEC. 13- The Middle Of The Day In The Middle Of December Every Wednesday, the supermarket circulars arrive in either the local newspaper and/or the mail in my area. On Wednesday nights, typically the last thing before bedtime I do is a grocery list of what’s on sale in line of course...

I certainly apologize. I typically start my day at 5AM and the combination of copious work preperation and raising two beautiful little daughters in not going to bed until 2AM on average can sometimes take its toll on my shorthand- particularly when I am busier than normal. Thus, although I...

FRI. DEC. 10- The Media Mention While trading in the late 1990’s in particular, my best trading month of the year was December with my premier specific trading days between the days around major holidays (such as Christmas Eve) to large swaths of time such as the last two trading weeks of...