The Super Terrific Happy Hour

If your going short gold....... by proxy...... your going long the market, i actually tend to agree now, it was either going to puke overnight or grind higher......

not many people have lost money betting on "Grind Higher" in the last couple years.
 
baggerlord said:
I have mixed feelings. I believe the entire reason for the sell was the North Korea fears, which I don't think are going to turn in to anything. Now IMO the only reason for a further selloff would be the cascade of margin calls you mention(barring war of course). I actually expect the buy the dip trade to work quite nicely again, maybe after some more shakeout. I personally had a fantastic week thanks to the EFII chatter in this thread, and getting short my largest size of the year in tech on the 8th. I think the next play for slower traders like me is to pick what to buy...I'm looking pretty hard at SQ again due to the chatter here. I really like the company fundamentally from what I have learned so far. I'm looking at buying it and a couple others in a size I don't mind holding through a real correction. For short term guys like you, at a minimum I think there will be a lot of opportunity in the near future.
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I'm pretty sure I'm the only one singing the praises of SQ. My time frame on that is years. Also, when I am talking about price plays, it's a good time to run and hide... ;)

But other than that, I agree that they're in good shape fundamentally, a great buy-out opportunity, and have potential to grow by leaps and bounds.
 
beerntrading said:
I'm pretty sure I'm the only one singing the praises of SQ. My time frame on that is years. Also, when I am talking about price plays, it's a good time to run and hide... ;)

But other than that, I agree that they're in good shape fundamentally, a great buy-out opportunity, and have potential to grow by leaps and bounds.
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Let Dorsey sell TWTR and run SQ full time.... both will be huge winners.
 
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Well put this one in the funny papers i guess, remember last week when i talked about how DRYS would cause shorts problems over 2 bucks a share?

How does it feel at 4 bucks a share?

Its shitty cause we all knew they were going to get torched, but there is still no way you can justify holding DRYS long overnight.
 
beerntrading said:
I'm pretty sure I'm the only one singing the praises of SQ. My time frame on that is years. Also, when I am talking about price plays, it's a good time to run and hide... ;)

But other than that, I agree that they're in good shape fundamentally, a great buy-out opportunity, and have potential to grow by leaps and bounds.
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I'm on the same page, that it is a company to own for years. I think they have potential to be huge, worldwide. I work a lot in crappy countries and they could revolutionize payments in large parts of the world. A lot of the places I go the locals use data cards like currency. I'm sure they would prefer to use money. I like all the other products they are adding to the payment services. If they were able to integrate cryptocurrencies that would be huge.
 
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