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**OFFICIAL** Trading and Investing Thread- Part -X-
03-14-2017, 09:38 AM
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#151
- ifitness1
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- ifitness1
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Originally Posted By Hallu⏩
Not buying anymore shares in the meantime.He is probably tripling down in after-hours
Originally Posted By RobParks2M⏩
Lmao you scared cuzzz?
Also RIP to ifitness and his VRX holding. Ackman is out and will relinquish his and the VP board positions(Valeant employee).
Also RIP to ifitness and his VRX holding. Ackman is out and will relinquish his and the VP board positions(Valeant employee).
Originally Posted By thetrebel⏩
Ackman being out is not necessarily the worst thing. Couple of points:RIP
his investors must be PISSED lol
his investors must be PISSED lol
1. Many people/short sellers targeted Valeant purely because they didnt like Ackman. So they'll cover now, move on to CMG or whatever.
2. He didn't sell the shares to the open market. It was a private sale, transacted by Jefferies. Some other activist bought them
3. Like he said, the stock can double and triple from here. He needed the stock to go back to 120+ to recoup his losses, so he sold.
4. Paulson was and still is the biggest holder here, along with ValueAct.
Yes, as a whole Valeant bought alot of ****ty assets. I can admit that, but the media destroyed this company, which is something that cannot be ignored. Without the constant negative headlines, this is at 20-30.
Always striving to take it to the next level.
03-14-2017, 11:25 AM
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#152
Originally Posted By ifitness1⏩
Find it hard to believe he would finally sell at the absolute lows if he actually believed this. Almost has to be something horrible about to come to light.3. Like he said, the stock can double and triple from here.
03-14-2017, 11:28 AM
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#153
- residesinAZ
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Anyone playing the gold 3x ETFs today?
03-14-2017, 11:54 AM
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#154
- Barn01
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Originally Posted By Humungus⏩
Agree 100% ... NOBODY sells a complete position if they think it has near term 2X or 3X potential. He can likely deal with investor pressure so that's a lame excuse if it were one.Find it hard to believe he would finally sell at the absolute lows if he actually believed this. Almost has to be something horrible about to come to light.
I wonder if he had some puts on this or sold some calls? Maybe he made a backdoor deal with a company for an options trade?
My $0.02 is worth $0.03
03-14-2017, 12:14 PM
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#155
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DSW beat earning by a .04.....
annnnnnnnnnnnnd
no change.
Fuk this market.
annnnnnnnnnnnnd
no change.
Fuk this market.
You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.
03-14-2017, 12:32 PM
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#156
- ifitness1
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Originally Posted By Humungus⏩
Find it hard to believe he would finally sell at the absolute lows if he actually believed this. Almost has to be something horrible about to come to light.
Originally Posted By Barn01⏩
After the VRX earnings beat, on the top and bottom line, and the stock still got hammered. Along with his inability to convince the board to take more drastic asset sales. I think he literally just gave up on it. I mean the position was 2% of his portfolio at this point, and if the stock tripled from here the position would only be around 800-900mm.Agree 100% ... NOBODY sells a complete position if they think it has near term 2X or 3X potential. He can likely deal with investor pressure so that's a lame excuse if it were one.
I wonder if he had some puts on this or sold some calls? Maybe he made a backdoor deal with a company for an options trade?
I wonder if he had some puts on this or sold some calls? Maybe he made a backdoor deal with a company for an options trade?
Again, I'll say the media had a big role in this, he probably just couldn't handle the constant bashing it got.
Always striving to take it to the next level.
03-14-2017, 01:40 PM
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#157
- Venom08
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Originally Posted By Venom08⏩
I fuked up, gold looks about to crash big time.I sold out of my other half of GLD puts at 1.40. IDK why I did it tbh, looks like it's due for a bounce here but I just remembered the Fed is supposed to hike rates on Wednesday...... Fuk.
03-14-2017, 01:47 PM
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#158
- GabrielNovar
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Originally Posted By ifitness1⏩
the new CEO is sketchy as fukk though. Ran up Perrigo *because every bio company was running up* then time came to close it out....and completely turned that company into shambles.After the VRX earnings beat, on the top and bottom line, and the stock still got hammered. Along with his inability to convince the board to take more drastic asset sales. I think he literally just gave up on it. I mean the position was 2% of his portfolio at this point, and if the stock tripled from here the position would only be around 800-900mm.
Again, I'll say the media had a big role in this, he probably just couldn't handle the constant bashing it got.
Again, I'll say the media had a big role in this, he probably just couldn't handle the constant bashing it got.
PAPA can't get it done, the debt is going to sink VRX...everyone is worried about GILD with their 30 bil in debt
03-14-2017, 02:18 PM
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#159
- Nara62629
- itsmenara
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Originally Posted By residesinAZ⏩
i'm riding the JNUG rollercoaster...Anyone playing the gold 3x ETFs today?
averaged down to 7.62...was thinking it was still coming up and boom...back down to the 5's
feelsbatman
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03-14-2017, 02:25 PM
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#160
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Can anyone tell me if using acorn to save up around 10k is a bad idea? It's easy to invest and put money in with, the fee is 1$ a month, I can get "some" stock experience, and I can save up a decent size to actually invest myself down the road. Thoughts?
03-14-2017, 02:28 PM
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#161
- ReyDelMundo
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Originally Posted By WhAtNoWbChSs⏩
I'm optimistic about where the company will be in two years and a 4% dividend.Any idea why dsw got wrecked today?
I bought some... I assume you're optimistic about earnings tomorrow?
I bought some... I assume you're optimistic about earnings tomorrow?
The problem analysts saw with DSW's figures were the same store sales decline. This is typically the result of stingier sales and promotions. Analysts typically want to see store expansion and an increase in same store sales.
03-14-2017, 02:28 PM
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#162
- residesinAZ
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Originally Posted By Nara62629⏩
ouch, I bought JDST yesterday at 17.10, holding overnight again tonight. These ETFs are dangerous loli'm riding the JNUG rollercoaster...
averaged down to 7.62...was thinking it was still coming up and boom...back down to the 5's
feelsbatman
averaged down to 7.62...was thinking it was still coming up and boom...back down to the 5's
feelsbatman
03-14-2017, 03:11 PM
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#163
- Nara62629
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Originally Posted By residesinAZ⏩
i was hoping to get out with a little profit and then play both sides. oh well...at this point i may just keep averaging down. if it opens with a dip i may try to average down to ~$6.ouch, I bought JDST yesterday at 17.10, holding overnight again tonight. These ETFs are dangerous lol
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03-14-2017, 04:02 PM
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#164
- RobParks2M
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Originally Posted By Nara62629⏩
Final warning on JNUG. All ETFs that are x3 eventually go to 0. Food for thought especially as they have reverse split a couple times already. Imagine if you were blindly buying call options no matter what every fuking day for gold and selling every day or 2. Not a great way comparison, but close because just like anything else there will be bear/bull periods and these things aren't made to weather the storm.i was hoping to get out with a little profit and then play both sides. oh well...at this point i may just keep averaging down. if it opens with a dip i may try to average down to ~$6.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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03-14-2017, 04:49 PM
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#165
- DasBiceps
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Originally Posted By WhAtNoWbChSs⏩
No surprise. Thats not a huge confidence boost and i doubt there was a huge watch on dsw earnings.DSW beat earning by a .04.....
annnnnnnnnnnnnd
no change.
Fuk this market.
annnnnnnnnnnnnd
no change.
Fuk this market.
1. Brady's balls were perfect crew
2.
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4. Mopar Manlet Crew
03-14-2017, 05:03 PM
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#166
- White-Belt
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@ifitness - plenty of people warned you about VRX. Learning curve, time to shake it off and move on.
Re: Ackman selling, he booked a large profit Canadian Pacific, chances are he is looking to offset losses against gain at some point in the future? Chances are though if he really believed in VRX he wouldn't be exiting he position though.
Re: Ackman selling, he booked a large profit Canadian Pacific, chances are he is looking to offset losses against gain at some point in the future? Chances are though if he really believed in VRX he wouldn't be exiting he position though.
03-14-2017, 05:05 PM
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#167
03-14-2017, 05:36 PM
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#168
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Originally Posted By RobParks2M⏩
But they announce when the reverse split is coming. Next one is in may I believe for nugt and jnug.Final warning on JNUG. All ETFs that are x3 eventually go to 0. Food for thought especially as they have reverse split a couple times already. Imagine if you were blindly buying call options no matter what every fuking day for gold and selling every day or 2. Not a great way comparison, but close because just like anything else there will be bear/bull periods and these things aren't made to weather the storm.
You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.
03-14-2017, 05:48 PM
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#169
- dopamine72
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Originally Posted By Venom08⏩
I know its so tempting! Anyone else have any input?Watch VRX. Strong rallies month after month would signal it can set up for a bull run and perhaps a run to the $80s. Otherwise forget about it.
Watching it drop all the way down to $10 a share makes me feel like I need to jump on it ASAP
Oil looking pretty juicy right now too, might be a good time to pick up some more CVX or something similar
Edit- DRYS is just too tempting with that 4.44% dividend but what are your guys opinions on it?
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
03-14-2017, 10:47 PM
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#170
- RobParks2M
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Originally Posted By dopamine72⏩
Lmfao are you serious?I know its so tempting! Anyone else have any input?
Watching it drop all the way down to $10 a share makes me feel like I need to jump on it ASAP
Oil looking pretty juicy right now too, might be a good time to pick up some more CVX or something similar
Edit- DRYS is just too tempting with that 4.44% dividend but what are your guys opinions on it?
Watching it drop all the way down to $10 a share makes me feel like I need to jump on it ASAP
Oil looking pretty juicy right now too, might be a good time to pick up some more CVX or something similar
Edit- DRYS is just too tempting with that 4.44% dividend but what are your guys opinions on it?
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
03-14-2017, 11:45 PM
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#171
- dopamine72
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Originally Posted By RobParks2M⏩
About which one? LOLLmfao are you serious?
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
03-14-2017, 11:46 PM
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#172
- blinkers88
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Originally Posted By dopamine72⏩
DRYS is a reverse splitting scam my dudeAbout which one? LOL
Deplorable Crew
Keep calm and short the VIX
03-14-2017, 11:47 PM
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#173
- RobParks2M
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Originally Posted By dopamine72⏩
Bruh you know it's bad when you gotta ask haha. But for real both have their issues. DRYS ^ blinkers got. VRX financials are ugly and unless they get a blockbuster drug they won't be able to service their debts.About which one? LOL
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
03-15-2017, 12:58 AM
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#174
- WhAtNoWbChSs
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Looks like next support for target is at 49, jan 6 2012. lol
You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.
03-15-2017, 08:04 AM
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#175
03-15-2017, 08:09 AM
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#176
03-15-2017, 08:29 AM
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#177
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Originally Posted By Slamt⏩
As a trade...maybe but what would cause them to cover. That debt load is insane and while its not coming due immediately rate hikes will only cause sentiment to sour even more.I can say that the sentiment on VRX is about as bad as its ever been right now.
Maybe due for a bounce soon on short squeeze. Wonder what %short float is
Maybe due for a bounce soon on short squeeze. Wonder what %short float is
03-15-2017, 09:24 AM
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#178
- thetrebel
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Sloot indicator strikes again


"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
03-15-2017, 10:42 AM
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#179
- marcus142
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Originally Posted By CDub73⏩
what is the general play of this? from what i gather a hike is probably going to be announced.FOMC today @ 2pm EST. Should be fun
fapfapfap
03-15-2017, 11:13 AM
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#180
- thetrebel
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Originally Posted By marcus142⏩
Grab a brew and wait for it to blow overwhat is the general play of this? from what i gather a hike is probably going to be announced.
"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
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