Stock Picking - Straight Gambling

[Boner_18]

500 Shares of SWHC at 7.71-7.73 and sold 500 covered March 10's at .45...

$$ is my only morality.

 

[roguejuror]

$$ is my only morality.

lol nice

 

[Boner_18]

If you liquidated this trade right now you'd be up

225 on the stock
200 net on the options

425/3870 (cost) = 10.9% in 24hrs or a simple annualized roi of about 2855%.

Ima let it ride.

 

[Boner_18]

Still riding the handgun trade. All is well.

Wish i was approved for level 3 options b/c i would sell volatility in HLf.

Has anyone followed this crazy herbalife story? Its either an illegal pyramid scheme or acceptable multi-level marketing.

Sell 10 feb 32.50 puts raise 1450
Sell 7 feb 45.00 calls raise 1015

This is a hypothetical trade, not approved for selling naked.

 

[Matty]

Boner_18 should be responsible for managing and investing Gamelive's liquid assets. We're all gonna be rich.

 

[Matty]

Anyone looking at RIM? If I had any cash/savings I'd go all-in on that bitch.

 

[Saulty]

They are trading at $2.72 now down from $16 a few months back. If you wait a few more weeks you can buy it for $1.

I would recommend buying Nokia or Sprint if you have money to invest. You have a better chance with these companies to make money.

Nokia is up almost 300% since I recommend it. Sprint is up 80%.

 

[Matty]

Apple's loss is everyone else's gain.

 

[roguejuror]

Anyone looking at RIM? If I had any cash/savings I'd go all-in on that bitch.

why?

I read up on that herbalife, nice little racket they had going.

 

[Matty]

I think RIM is going turn it around big. They already own the Asian market. Rumors of their demise have been greatly exaggerated.

What happened to Herbalife? I can't believe that MLM schemes are still allowed to take advantage of depressed housewives.

 

[roguejuror]

most of their affiliate joints were run down in bad neighborhoods with little to no clients, real shitty looking among other things

http://factsaboutherbalife.com/

Bb is huge in Africa too, in Central America it's a big draw as well, people consider it a big thing, very few can afford an android or iphone, I'm buying cheap used bb online and shipping them to cen ame, can almost double the price

 

[rito]

Way more rim phones in Colombia than apple or android phones.

 

[Boner_18]

Don't know much about RIM. I've heard that at these levels it's trading right around tangible book which means if all the assets were liquified in a costless asset sale and the total cash were divided by shares the price would be fair. Often companies people see as being a coin flip trade there or below.

 

[MonkeyF0cker]

Anyone looking at RIM? If I had any cash/savings I'd go all-in on that bitch.

Disagree. Almost completely.

If anyone fills Apple market share, I think it's a combination of more Droids and Windows.

 

[Matty]

Why Windows more than BB?

 

[MonkeyF0cker]

Marketing, interconnectivity, deeper pockets mostly.

 

[MonkeyF0cker]

There has also been a steady exodus of BB users - in the U.S. at least. Once you lose customers, it's hard to get them back.

I think from a user standpoint, they'd be more willing to try something new than go back to a platform they've largely abandoned.

 

[MonkeyF0cker]

Don't know much about RIM. I've heard that at these levels it's trading right around tangible book which means if all the assets were liquified in a costless asset sale and the total cash were divided by shares the price would be fair. Often companies people see as being a coin flip trade there or below.

Their release has been priced into their stock. I don't see any upside in it. Their last quarter they had shored up cash from reduced expenditures as well. There is a lot of optimism there, and where there's optimism, there's typically downside - especially in techs.