Surf's Special Situation Journal

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Quote from NoDoji:

My friend, day trading CL is a very, very special situation.

Think of JCP, YM, and AAPL like the Romney boys: nice, clean cut, safe to interview on TV

Think of CL like Lindsay Lohan or Charlie Sheen :p

No doubt--- closed /CL long out at 96.50.

Stops on AAPL short now placed at 703.25

Stops on JCP short now placed at 31.00

surf
 
For fun, I will talk about a real special situation. A long time ago I invested in HUN with no stops since I don't need stops for stocks only futures. The reason I invested in HUN was that they had a strong lawsuit against another company that signed a contract to buy them out, and backed out of the deal. The contract had a penalty for backing out of the deal, and the company buying HUN did not want to pay the penalty. Now at this time HUN was at $ 6/sh, and the law firm was so sure that they were going to win an easy victory, that they started buying millions of shares at market. Then the CEO started buying millions of shares. The stock fell to $ 3/sh, but then they won the lawsuit, and it rebounded to $ 9/sh, and I cashed out.
 
Quote from oraclewizard77:

The stock fell to $ 3/sh, but then they won the lawsuit, and it rebounded to $ 9/sh, and I cashed out.

HUN

feb 2009

the low was 2 bucks a share ........:)
 
Quote from marketsurfer:

No doubt--- closed /CL long out at 96.50.

Stops on AAPL short now placed at 703.25

Stops on JCP short now placed at 31.00

surf

And this is why.....ladies and gentlemen....Surf has zero credibility. Comes in hours after Crude drops 150 ticks from his entry and claims to have only lost 20 ticks, which happened instantly after his price driver got him long.

This journal should be sent to chit chat.
 
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