-
Comment -
We didn't see a rate induced sell off. I wouldn't panic here. I bought some AGNC today and chico's favorite NRZ.TSLA is going to start to trade again.
I am taking a hit on MORT but the volume is not too high.
Roy, are we seeing a rotation of come kind? Will rate moves mess with MORT and USRT?
I have them at good prices and enjoy a dividend, but I wonder if I should quit while I'm ahead.
Keep in mind these guys are all up. USRT I bought like a month ago for $47 and it's $50 today. STWD was at a 52 week high and it fell with the group. I'll buy more of that at $22 if it gets there.
The new tax code is favorable to these guys and they are banging out 8%-11% on dividends quite easily. I'd be ready to buy more. The safer play is to play the dirt like USRT and STWD instead of the mortg kite'ers like AGNC and MORT in general.Comment -
I'm going to short TSLA calls in the AM.
My strategy is a play that there is no fuggin way they raise that bid over $420. In reality TSLA is not worth anywhere close to that and there is going to be some infighting among those who are over paying that price.
The trading now suggests there isn't going to be a bidding war. TSLA is at $380.
On a side note I sold TSLA about $200 ago and congratulate anyone holding that high flyer.Comment -
Thanks for chiming in Roy, I am very busy with sports.
I need manage my time here, get back to markets.
They have been floating during this time, thankfully.
Comment -
Playing with Billionaire's.
I'm going to short TSLA calls in the AM.
My strategy is a play that there is no fuggin way they raise that bid over $420. In reality TSLA is not worth anywhere close to that and there is going to be some infighting among those who are over paying that price.
The trading now suggests there isn't going to be a bidding war. TSLA is at $380.
On a side note I sold TSLA about $200 ago and congratulate anyone holding that high flyer.
They have deep pockets and a generation of time.
Fuk that.
That said, I'm more tempted to short than ever.
Comment -
KVB if you can short calls look at this play;
TESLA INC COM JAN-19 $480.00 CALL
Closed at a Bid $4 ask $6, so let's say you can get $5
There is no way TSLA goes for $480 or north of that, just impossible imo. And don't let the Jan scare you. As this deal settles those distant options will lose all their premium.
PS - I wouldn't short TSLA even at $380. I think they pull it off at $420.Comment -
pes has bought many drill ships off my uncle. They just bought 4 more so I'm hoping they will go up.Comment -
I'll never play that group again chico. Fugg em. Their cost is too high and they get killed when crude drops.
I bought ETE yesterday and today. Even after the merger they will trade a bit below book and that's a helluva a nice book of assets.
NRZ, STWD, AGNC are proven players. Buy all 3 and get a blended yield of 10% which compounds to 11.2%. Sell a few distant covered calls and end up with 15% a year. All good.Comment -
Chico, Roy, KVB carrying us daily. Great stuff guys, thank youComment -
Comment -
TSLA down $11 in the pre.
Thanks for the ETE article. I very much agree. It could take a year. ETE thinks they can get an A- rating from SnP. SnP has promised them a BBB- when the merger closes. So there will be no div increases until 2020 which is fine.Comment -
From Elon
I have to say, this is a very smart move on the surface.
Earlier today, I announced that I'm considering taking Tesla private at a price of $420/share. I wanted to let you know my rationale for this, and why I think this is the best path forward.
First, a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best. As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term. Finally, as the most shorted stock in the history of the stock market, being public means that there are large numbers of people who have the incentive to attack the company.
I fundamentally believe that we are at our best when everyone is focused on executing, when we can remain focused on our long-term mission, and when there are not perverse incentives for people to try to harm what we're all trying to achieve.
This is especially true for a company like Tesla that has a long-term, forward-looking mission. SpaceX is a perfect example: it is far more operationally efficient, and that is largely due to the fact that it is privately held. This is not to say that it will make sense for Tesla to be private over the long-term. In the future, once Tesla enters a phase of slower, more predictable growth, it will likely make sense to return to the public markets.
Here's what I envision being private would mean for all shareholders, including all of our employees.
First, I would like to structure this so that all shareholders have a choice. Either they can stay investors in a private Tesla or they can be bought out at $420 per share, which is a 20% premium over the stock price following our Q2 earnings call (which had already increased by 16%). My hope is for all shareholders to remain, but if they prefer to be bought out, then this would enable that to happen at a nice premium.
Second, my intention is for all Tesla employees to remain shareholders of the company, just as is the case at SpaceX. If we were to go private, employees would still be able to periodically sell their shares and exercise their options. This would enable you to still share in the growing value of the company that you have all worked so hard to build over time.
Third, the intention is not to merge SpaceX and Tesla. They would continue to have separate ownership and governance structures. However, the structure envisioned for Tesla is similar in many ways to the SpaceX structure: external shareholders and employee shareholders have an opportunity to sell or buy approximately every six months.
Finally, this has nothing to do with accumulating control for myself. I own about 20% of the company now, and I don't envision that being substantially different after any deal is completed.
Basically, I'm trying to accomplish an outcome where Tesla can operate at its best, free from as much distraction and short-term thinking as possible, and where there is as little change for all of our investors, including all of our employees, as possible.
This proposal to go private would ultimately be finalized through a vote of our shareholders. If the process ends the way I expect it will, a private Tesla would ultimately be an enormous opportunity for all of us. Either way, the future is very bright and we'll keep fighting to achieve our mission.
Thanks,
ElonComment -
Bot a little TSLA in the pre betting it will rebound a little.Comment -
STWD on sale after agreeing to buy GE's energy financing division for $2.6 billion. STWD is trading down $1 at $21.50. GE is also trading lower.
I bought more at $21.42 and will buy more at $21.
STWD management is as sharp as they come. They are a $5.8B company buying a $2.6B company. I guarantee you they got a great deal.Comment -
AMZN and Alphabet towing the entire 'DAQ up the hill, absolutely breathtaking to watch
when will some of those PIGS start taking profits off the table?
the time to do so is NOW !!!Comment -
Top 20 decliners with last trade over 5 and avg. 5 day vol over 250,000.
Symbol Last Trade Change % Change Description PEN 124.35 -24.20 -16.29 PENUMBRA INC REGN 372.74 -18.68 -4.77 REGENERON PHARMACEUTICALS BKNG 2,059.49 -18.49 -0.89 BOOKING HOLDINGS INC ZBRA 157.08 -9.54 -5.73 ZEBRA TECHNOLOGIES CP -C ATHM 86.14 -9.50 -9.93 AUTOHOME INC -ADR AAXN 58.13 -9.49 -14.03 AXON ENTERPRISE INC STMP 254.65 -8.80 -3.34 STAMPS.COM INC XEC 88.81 -8.53 -8.76 CIMAREX ENERGY CO BGNE 171.74 -7.70 -4.29 BEIGENE LTD -ADR LGND 239.39 -7.63 -3.09 LIGAND PHARMACEUTICAL INC COHR 180.51 -7.35 -3.91 COHERENT INC GVA 46.36 -6.62 -12.50 GRANITE CONSTRUCTION INC SUPN 47.00 -6.35 -11.90 SUPERNUS PHARMACEUTICALS TSLA 374.09 -5.48 -1.44 TESLA INC OILU 47.61 -5.38 -10.15 PROSHARES TRUST II - PROS BECN 37.13 -5.36 -12.61 BEACON ROOFING SUPPLY INC CAR 33.44 -5.30 -13.68 AVIS BUDGET GROUP INC NTES 256.27 -5.27 -2.01 NETEASE INC SINA 75.45 -5.08 -6.31 SINA CORP IPGP 167.27 -5.03 -2.92 IPG PHOTONICS CORP Comment -
CELG and PFE are turning out to be real good trades for me.
How do I not take a profit? I am at $79.15 and $35.84 respectively for a cost basis.Comment -
LNG announcing earnings at the open. I have options over the next 3 weeks.
Chinese might place tariffs on US exports of liquefied natural gas.
...there is big news breaking right now in the energy markets.
Some say it won't matter until future contracts expire, others say you can't stop the US energy boom.
This could overshadow the earnings play and be a big problem...Comment -
ETE misses by .05 opens lower, now up.
Read the report. Forget about the .05. They are way ahead on revenue. Revenue was $2 billion above estimates. That's a monster beat. This is a $26 stock after the merger this December.Comment -
Jack Fusco of LNG says current contracts not affected by tariffs but those calls I have are not going very far, though the stock seems fine.
Now I'm glad I didn't load up on calls.
ETE looks good, if anything the chart shows a little run up for the dividend and that pull back is "natural" in my opinion, from a chart perspective.
Comment -
When I think ETE is a Buy, best to wait. It always goes down after I load up. Every fuggin time.Jack Fusco of LNG says current contracts not affected by tariffs but those calls I have are not going very far, though the stock seems fine.
Now I'm glad I didn't load up on calls.
ETE looks good, if anything the chart shows a little run up for the dividend and that pull back is "natural" in my opinion, from a chart perspective.
But ETE has a license to print money with their portfolio of assets. Trades at a discount to book and really shouldn't.Comment -
Top 20 Decliners so far today with last trade over 5 and avg. 5 day volume over 250,000...
Symbol Last Trade Change % Change Description BKNG 1,924.03 -120.98 -5.92 BOOKING HOLDINGS INC NTES 226.85 -26.12 -10.32 NETEASE INC TSLA 353.32 -17.02 -4.60 TESLA INC CPA 89.00 -9.39 -9.54 COPA HOLDINGS SA PRGO 70.35 -7.96 -10.16 PERRIGO CO PLC LJPC 24.97 -7.82 -23.86 LA JOLLA PHARMACEUTICAL C COST 217.78 -6.80 -3.03 COSTCO WHOLESALE CORP LOXO 164.97 -6.72 -3.91 LOXO ONCOLOGY INC STMP 248.56 -6.59 -2.58 STAMPS.COM INC PTLA 31.45 -6.27 -16.61 PORTOLA PHARMACEUTICALS I DE 139.34 -5.47 -3.78 DEERE & CO RETA 67.76 -5.02 -6.90 REATA PHARMACEUTICALS INC OXY 76.64 -4.56 -5.62 OCCIDENTAL PETROLEUM CORP TTGT 24.70 -4.34 -14.94 TECHTARGET INC ELF 10.69 -4.22 -28.30 E.L.F. BEAUTY INC LRCX 185.89 -4.13 -2.17 LAM RESEARCH CORP SIVB 318.09 -3.86 -1.20 SVB FINANCIAL GROUP INGN 226.39 -3.69 -1.60 INOGEN INC STX 51.57 -3.47 -6.30 SEAGATE TECHNOLOGY PLC SOXL 167.02 -3.23 -1.90 DIREXION DAILY SEMI BULL Comment -
So $TSLA did have a WELLS NOTICE and Elon lied about it on the CC
Can’t make this shit up 😂Comment -
omg AMZ breaks through 1900Comment -
Musk may have tweeted too much and could be in trouble.
I am up a bit today, and the few down positions aren't down much.
I was worried, being busy with sports, that I wasn't fully participating in the market gains, but today is making up for that, so far.
Comment -
tiny sell off started the last 15 mins of the session
not being a hater here guys because my 401K is climbing nicely with the gains but we are absolutely due for a moderate sell off / correction in 3.....2......1......Comment
