The Surf Report--part 2

Quote from Maverick74:

You already lost. He is up 100% from the time he got in. You denounced the trade on HIS entry price. I think he should probably lock it in here, or at least half. But the point is, you were short this baby from a cost basis of $2 and it has doubled. Bad trade.
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I lost nothing. I don't trade illiquid crap, much less hard-to-borrow crap on the short side. The only reason it's up it's because there's no stock to short anywhere. All the MMs are short it themselves and won't lend it. I thought you knew something..., but I see I overestimated you. Rarely I make that mistake.
 
Quote from SamGold:

I lost nothing. I don't trade illiquid crap, much less hard-to-borrow crap on the short side. The only reason it's up it's because there's no stock to short anywhere. All the MMs are short it themselves and won't lend it. I thought you knew something..., but I see I overestimated you. Rarely I make that mistake.
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Spin...spin...spin... LOL. He is up 100%. That was his trade. He gave you his target. Case closed. He didn't give his reasons and I doubt he had one, it was a cheap call option. I expected better from you Sam, even if you are just trolling in between summer classes. LOL.
 
You win the argument maverick. Don't spend it all in a cheap fuck. :)

As for surferboy, I wouldn't believe he traded it even if he posted a broker statement... so no need for him to exit either.:)
 
Quote from zdreg:

ever hear of after hours. it traded down to 1.85
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It must be nice in paper trading land...lol. Great fills......he buys it at 2.60 and then has an average at 2.00.

This is even too much for chit chat.....
 
Quote from marketsurfer:

Just ignore these Yahoo financial geniuses. they are a trip!

surf
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Uh huh Surf. Wasn't your claim to fame writing for Yahoo.com yrs ago?

Stick to book recommendations...that you are great at.
 
Quote from Maverick74:

You already lost. He is up 100% from the time he got in. You denounced the trade on HIS entry price. I think he should probably lock it in here, or at least half. But the point is, you were short this baby from a cost basis of $2 and it has doubled. Bad trade.
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How is this guy short from 2.00? Mav, quit drinking from Surf's Kool Aid. You saying this guy is short from Surf's fantasy price is almost as hilarious as Surf saying he got filled in a quick AH move.
 
Quote from traderchi128:

How is this guy short from 2.00? Mav, quit drinking from Surf's Kool Aid. You saying this guy is short from Surf's fantasy price is almost as hilarious as Surf saying he got filled in a quick AH move.
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No, that is NOT what I said. This guy was basically saying at that price, it was going to zero. He was challenging Surf on the trade and made a call. Even gave a date, which is fine. So if he is going to knock Surf for making the trade, I can knock him for the fact it's up 100% since he said it was going to zero! Simple as that. Sam made a bad call and won't own up to it. Par for the course on ET.
 
Quote from Maverick74:

No, that is NOT what I said. This guy was basically saying at that price, it was going to zero. He was challenging Surf on the trade and made a call. Even gave a date, which is fine. So if he is going to knock Surf for making the trade, I can knock him for the fact it's up 100% since he said it was going to zero! Simple as that. Sam made a bad call and won't own up to it. Par for the course on ET.
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I hear ya on the Par for the course on ET.....agree 1000% with ya. Not so sure about someone saying a trade is crazy is the same as them saying that they would take the other side as a position for themselves. That might be reaching.

But.....Just as Surf didn't "take profit" yet, Sam is not "wrong"yet. If Surf can buy recklessly on the way down and hold, Sam can stay "short".

Best part is...in paper trade world Sam can just come in at 4.50 and short 3 times as much....just like Surf does. the brokerage houses in fantasyland are a lot more lenient...
 
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