i have a stock for you guys

[Mac4Lyfe]

they offered 5.91 a share. wtf they better not accept

Haha, don't trust these market manipulators. They try to instill fear so that they can make you go one way or another. Constellium is at least worth $16 a share in any takeover. I thought we should have seen a pop after earnings but the manipulators kept it down. It's up nice today but don't be surprised we see some more BS in the next few months. Hold on tight. It may get bumpy but the payoff will be nice. $12 - $14 by January would be nice. Maybe $18 if a buyout. I'd then sell half and let it ride on the rest. Good company that ain't going nowhere.

I don't like to gamble with my investments but I will throw some money on the fire like betting on sports (damn Cowboys fukked me on the 1/2 point last night)

So, I think this is a great day to make a bet on Baba into earnings next Wednesday morning. We might get a glimpse on what to expect with AABA Monday afternoon. If you like to gamble, an option I like is the following.

Buy to Open
1 Contract BABA Aug 18 2017 160 Call Limit at $2.62 (Day)

1 contract would only cost you $262. Once again, this is strictly a flip the coin, how long will the national anthem be sung play but I like the lean. (BTW - A better long term strategy would be a bull call spread)I just bought 5.

[chico2663]

Haha, don't trust these market manipulators. They try to instill fear so that they can make you go one way or another. Constellium is at least worth $16 a share in any takeover. I thought we should have seen a pop after earnings but the manipulators kept it down. It's up nice today but don't be surprised we see some more BS in the next few months. Hold on tight. It may get bumpy but the payoff will be nice. $12 - $14 by January would be nice. Maybe $18 if a buyout. I'd then sell half and let it ride on the rest. Good company that ain't going nowhere.

I don't like to gamble with my investments but I will throw some money on the fire like betting on sports (damn Cowboys fukked me on the 1/2 point last night)

So, I think this is a great day to make a bet on Baba into earnings next Wednesday morning. We might get a glimpse on what to expect with AABA Monday afternoon. If you like to gamble, an option I like is the following.

Buy to Open
1 Contract BABA Aug 18 2017 160 Call Limit at $2.62 (Day)

1 contract would only cost you $262. Once again, this is strictly a flip the coin, how long will the national anthem be sung play but I like the lean. (BTW - A better long term strategy would be a bull call spread)I just bought 5.

i didn'y set my account that way

[Snowball]

fyi
MICT turned out to be a POS.
I booked the loss. Not because of the price performance
but because of the SEC filing that they authorized up to $30 million
in additional stock. That's huge dilution and removes a main reason
why I bought in the first place. Sure, they issued a PR about more
orders, but that means nothing, they are raising money for themselves
and it's crap. Moving on.

[Mac4Lyfe]

NVDA should knock the cover off the ball next Thursday as well. Next week should be a good week. A good plan would be to take a bit off the table right after then buy back in October.

[Mac4Lyfe]

fyi
MICT turned out to be a POS.
Moving on.

I've had my share. Anyone that says they always get it right in stocks or gambling, having been in it long enough or lying. I've had some stocks that I just knew were sure things and they wouldn't budge. End up getting called for huge losses. Crazy.

It's hard not to get emotional. I've lost on certain stocks, end up bailing cause I'm pissed only to see the stock blow up months later. patience is hard and timing is almost impossible.

[Snowball]

switched over to DCIX (Diana Containerships)
@ .41 cents.

also was looking at the WLB beat-down.

shipping will pick up again. DCIX has a bunch of
container ships, their parent DSX floated them a cheap
loan. The stock reverse-split which presents a possible
opportunity to load for a move to $1.00 so they can maintain
Nasdaq listing. The sector has been struggling but could turn up.
It was either this or WLB. I went with this because once the
pressure is off it could gravitate up. The healing process.

[chico2663]

switched over to DCIX (Diana Containerships)
@ .41 cents.

also was looking at the WLB beat-down.

shipping will pick up again. DCIX has a bunch of
container ships, their parent DSX floated them a cheap
loan. The stock reverse-split which presents a possible
opportunity to load for a move to $1.00 so they can maintain
Nasdaq listing. The sector has been struggling but could turn up.
It was either this or WLB. I went with this because once the
pressure is off it could gravitate up. The healing process.

I have owned gogl forever it seems. Bought after the split for 4 something. It is up to high 7'. Almost sold it for others many times

[d2bets]

NVDA should knock the cover off the ball next Thursday as well. Next week should be a good week. A good plan would be to take a bit off the table right after then buy back in October.

My exact thinking.

[lonegambler23]

fade this clown

[Mac4Lyfe]

So, I think this is a great day to make a bet on Baba into earnings next Wednesday morning. We might get a glimpse on what to expect with AABA Monday afternoon. If you like to gamble, an option I like is the following.
Buy to Open
1 Contract BABA Aug 18 2017 160 Call Limit at $2.62 (Day)
1 contract would only cost you $262. Once again, this is strictly a flip the coin, how long will the national anthem be sung play but I like the lean. (BTW - A better long term strategy would be a bull call spread)I just bought 5.

NVID, AABA and BABA are all on the move today. If AABA has good earning, BABA will go on the run. NVID will be $200 in the next few months.

That option I played above is already up 60%. Hopefully it triples by Thursday.

[jjgold]

Buying call and put options are the biggest sucker thing you could ever doing financial investing

Statistically proven 99% of trades expire worthless

Time decay destroys you

Only successful option traders are people that sell premium

[hankcream]

fyi
MICT turned out to be a POS.
I booked the loss. Not because of the price performance
but because of the SEC filing that they authorized up to $30 million
in additional stock. That's huge dilution and removes a main reason
why I bought in the first place. Sure, they issued a PR about more
orders, but that means nothing, they are raising money for themselves
and it's crap. Moving on.

Panicking already, originally you said to hold it. I'm staying for the long run, just bought another 1000 shares @ .81 I have hope

[milwaukee mike]

Buying call and put options are the biggest sucker thing you could ever doing financial investing

Statistically proven 99% of trades expire worthless

Time decay destroys you

Only successful option traders are people that sell premium

[d2bets]

NVID, AABA and BABA are all on the move today. If AABA has good earning, BABA will go on the run. NVID will be $200 in the next few months.

That option I played above is already up 60%. Hopefully it triples by Thursday.

NVDA could be $200 by the end of the week. They report on Thursday. It probably either goes up or down $30. It's run up 15-20% after the last few reports. If they kill it, it will run again. $200 is only like a 15% move from here.

[SAX27]

Don't typically get caught up in this stuff but MICT is intriguing. Would like it to get over 1.00 & hold for awhile. May consider taking a long position at that time.

I am a big BioTech "watcher" and identify those securities where the Pros have taken a large position. They are not always correct but they do a heck of alot more research & homework than I ever could, in addition, they have more knowledge on the "behind the scenes" stuff. With all that being said I would encourage all on this thread to research IDRA, I feel it has a nice upside w/minimal downside.

Good luck w/your wagers whether it be in sports or in the market!!!

[SAX27]

Heck, just thought about this!!! I budget approx 5 units per day on my wagers at 100 per unit. That's 500 per day!! Should I win 60% I would be up minimally!! Take that 500 per day, not wager on sports & throw it in securities that are rock solid....where would I be???

Funny, both are gambling but one is more fun than the other!!

[jjgold]

Mike I'm almost an expert in this field and I don't mean a winning trader because I don't have the funds but I have all the techniques to at least have a shot

[brooks85]

NVDA could be $200 by the end of the week. They report on Thursday. It probably either goes up or down $30. It's run up 15-20% after the last few reports. If they kill it, it will run again. $200 is only like a 15% move from here.

penetrating christ, hate when this mush brings up nvidia. Never ends well. Stock dropped last two times this jackass tried to pump it.

[SAX27]

JJ....what does that mean?

[jjgold]

Selling premium basically selling calls and puts naked or in spreads

[SAX27]

Calls & puts can be painful!! I suggest fundamentals & Dodgers!!

[RoyBacon]

I sell calls against GLD, a gold fund. It's like shooting fish in a barrel. I'm also able to short the stock if it goes against me because I own gold.

Would never recommend anyone short calls or puts without extreme knowledge and clear strategy. As JJ correctly states most do end up worthless but the ones that dont will wipe out all your gains and bankrupt you for a generation or two.

[SAX27]

Unless one is VERY knowledgable on calls & puts I strongly suggest you stay away!!

[milwaukee mike]

I sell calls against GLD, a gold fund. It's like shooting fish in a barrel. I'm also able to short the stock if it goes against me because I own gold.

Would never recommend anyone short calls or puts without extreme knowledge and clear strategy. As JJ correctly states most do end up worthless but the ones that dont will wipe out all your gains and bankrupt you for a generation or two.

i've been selling 116 puts for a while on GLD... working great as it stays in a nice range, your covered calls are probably doing well too

like you said, only sell puts if you're comfortable buying something at that level

[ChuckyTheGoat]

Only way to win in the stock market is the buy-and-hold long term anybody else thinking they're going to swing trader day trade you're going to get destroyed

Moron-boy w/ his daily nugget of wisdom.

[Mac4Lyfe]

Buying call and put options are the biggest sucker thing you could ever doing financial investing

Options are a great way to hedge a position. Nothing sucker about it if you know what you are doing.

Trading on margin however can be dangerous and you should use extreme caution but options are a crucial strategy to reduce risk. It's pretty much necessary with so much market manipulation.

[Mac4Lyfe]

penetrating christ, hate when this mush brings up nvidia. Never ends well. Stock dropped last two times this jackass tried to pump it.

I don't think he can mush the numbers coming out this week. Nvidia earnings will be very good this quarter and will be out the roof next quarter. Can't stop a money train. They are selling a shit load of chips, their AI, virtual reality, graphic cards are selling like ho cakes (ho's got to eat too). Go try and find a mid level graphics card anywhere. Crypto miners are buying them up out the ass. Prices of cards have damn near doubled and they are still selling out. We are going to see a big surprise Thursday. I know it but I can't hammer the shit out of it because there's no sure thing but I'm invested pretty large.

[milwaukee mike]

I don't think he can mush the numbers coming out this week. Nvidia earnings will be very good this quarter and will be out the roof next quarter. Can't stop a money train. They are selling a shit load of chips, their AI, virtual reality, graphic cards are selling like ho cakes (ho's got to eat too). Go try and find a mid level graphics card anywhere. Crypto miners are buying them up out the ass. Prices of cards have damn near doubled and they are still selling out. We are going to see a big surprise Thursday. I know it but I can't hammer the shit out of it because there's no sure thing but I'm invested pretty large.

that's true, their sales/profits have been crazy... but why would anyone pay 60 times peak earnings for a fad company? and yes, mining crypto currencies/self-driving cars/ai/etc is a fad, those things are going to look totally different 10 years from now, let alone 60

[Mac4Lyfe]

that's true, their sales/profits have been crazy... but why would anyone pay 60 times peak earnings for a fad company? and yes, mining crypto currencies/self-driving cars/ai/etc is a fad, those things are going to look totally different 10 years from now, let alone 60

Nvidia is far from a fad company. They are leading the way in chip technology There GPU simulates human intelligence which should not be taken for granted. Their GPU's are the brains of computers being used everywhere. By determining complex problems it helps humans to think more broadly and imaginatively.

Things like autonomous robots are here to stay. They are doing the job of 10 workers, they don't take breaks, don't need lunch, won't go on strike and can work 24/7. I work with several companies that use them in data centers. They can detect glitches in code, can act as customer service reps (you think you're talking to a live human but it's a computer), can run security surveillance, etc. AI data is the next big thing where the computer does the analytics faster and more accurate than we do. IBM Watson for example looks at gazillions gobs of data in order to make the right choices. I'm looking to use it to do much of the up front work I do in my business now. It basically can replace me on menial tasks but should open up other opportunities to create/innovate. It means more people out of jobs if they can't reinvent themselves to troubleshoot these machines in the future. Things like Drone technology has exploded the last few years in all kinds of applications. Crypto currencies aren't going anywhere, nor will the mining rigs needed. We're really in the beginning stages of this smart computer revolution. You're going to see many things we use become smarter. You can talk to just about any cell phone for directions or to look up information. Self driving cars may seem far off and far fetched to some but it's coming and people will buy. Imagine driving from LA to San Diego where you can conduct business while your car is doing the driving for you in traffic. You may not be the first guinea pig to try it but most of us will eventually.

You can't go back on technology. You can only go forward. Nvidia is dominating this space like Amazon dominates online shopping.

[brooks85]

I don't think he can mush the numbers coming out this week. Nvidia earnings will be very good this quarter and will be out the roof next quarter. Can't stop a money train. They are selling a shit load of chips, their AI, virtual reality, graphic cards are selling like ho cakes (ho's got to eat too). Go try and find a mid level graphics card anywhere. Crypto miners are buying them up out the ass. Prices of cards have damn near doubled and they are still selling out. We are going to see a big surprise Thursday. I know it but I can't hammer the shit out of it because there's no sure thing but I'm invested pretty large.

lol maybe not. My first entry into nvidia was their ipo which then collapsed with the market, I've been buying their cards since before high school too so I'm not worried even if d2 screws it up again.

Chart looks like it is ready to pop also so things are lining up very nicely.

[brooks85]

I love seeing cramer pump stocks I've owned for years. He did nvidia and nintendo sometime around the end of last year/beginning of this year and now he is pumping Live Nation $LYV

the whole thing about millennials buying for "experiences" is 100% true and ticket prices have shown that as demand has been increasing. Coldplay tickets last year were $180 for floor seats, just a year later they are $225 and it's still going to sellout.

[milwaukee mike]

Nvidia is far from a fad company. They are leading the way in chip technology There GPU simulates human intelligence which should not be taken for granted. Their GPU's are the brains of computers being used everywhere. By determining complex problems it helps humans to think more broadly and imaginatively.

Things like autonomous robots are here to stay. They are doing the job of 10 workers, they don't take breaks, don't need lunch, won't go on strike and can work 24/7. I work with several companies that use them in data centers. They can detect glitches in code, can act as customer service reps (you think you're talking to a live human but it's a computer), can run security surveillance, etc. AI data is the next big thing where the computer does the analytics faster and more accurate than we do. IBM Watson for example looks at gazillions gobs of data in order to make the right choices. I'm looking to use it to do much of the up front work I do in my business now. It basically can replace me on menial tasks but should open up other opportunities to create/innovate. It means more people out of jobs if they can't reinvent themselves to troubleshoot these machines in the future. Things like Drone technology has exploded the last few years in all kinds of applications. Crypto currencies aren't going anywhere, nor will the mining rigs needed. We're really in the beginning stages of this smart computer revolution. You're going to see many things we use become smarter. You can talk to just about any cell phone for directions or to look up information. Self driving cars may seem far off and far fetched to some but it's coming and people will buy. Imagine driving from LA to San Diego where you can conduct business while your car is doing the driving for you in traffic. You may not be the first guinea pig to try it but most of us will eventually.

You can't go back on technology. You can only go forward. Nvidia is dominating this space like Amazon dominates online shopping.

these are all reasons to sell the stock... remember iomega? or aol? netscape? dell? wang? nokia? gateway? qualcomm? blackberry?

technology changes, and competition comes out of nowhere...

[d2bets]

these are all reasons to sell the stock... remember iomega? or aol? netscape? dell? wang? nokia? gateway? qualcomm? blackberry?

technology changes, and competition comes out of nowhere...

It's more like remember Intel of the early 90's. Eventually they may fade, but it's real and it's still early.

[milwaukee mike]

It's more like remember Intel of the early 90's. Eventually they may fade, but it's real and it's still early.

good luck to you guys with it... i have been burned enough times to take the contrarian approach with a stock at an all-time high (and the market near all-time highs)

i remember my family member with almost a million smackeroos worth of sunw (java), "they're putting java/technology into everything! it's gonna be huuuuggee! this is still early stages!" and then the stock lost 95%

[Snowball]

ok, so the indexes are getting whacked hard
but the DCIX I bought is up 21% on the day. \