I picked up shares of FRO and EXXI at the open this morning.
GASL, VIP, SN, and NOG are on my radar as well.
Got any cheap names under $5 you like here?
OA
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Joined Aug 2, 2009
1,847 Blog Posts
like $UGAZ here,
$GTI for the pop
GNW, but it looks like it is starting to go.
Long BAS, NADL, WRES, SDRL, HAL, SHort some SPY
Kinda shocked at how resilient the oil names are with crude getting shellacked daily.
What do you like in EXXI? My buddy works for them and asked me if he should buy yesterday morning haha.
The chart is the thing I like about them. That and the short interest.
stay away from oil names. still has a long way to go down IMHO. VIP looks interesting though
$EOX
MILL
Bot IBM calls, on the idea this is a tax loss selling dip
Taking a stab at $TWTR calls here.
Feb?
I went with January 37’s. Holding common.
You can look at the TWTR chart with $35-ish being a level of support or bottom. In that case, this would be a good entry point. But, if you look at TWTR being in a downward channel, it hit the top of the channel on 12/23 and started moving to the bottom of the channel. From this perspective, I like TWTR better at $33-ish (when it hits the bottom of the channel).
@Dan, I have the same blueprint. Looking for 33ish to get long.
Long $GG. Unfortunately, miner looks real good here
$35 is the line in the sand for me.
Salvaged my Jan calls today. Hate to see support tested again, but this could be just tax-loss selling with nearly all TWTR longs under water this year.
OA – I took a cheapie this morning that you’re going to hate: EXEL. It’s just come up on my screen too many times this month. I figured the Lord must be speaking to me…
Did you know that the Ragnar guy was also the guy that sold naked calls on EXEL for a month? Do you remember that? I laughed my ass off.
Remember that guy who went short YELP just yesterday?
in all fairness a move of 2% in YELP isn’t exactly blockbuster
Ha ha! No, I didn’t know. Such a bizarre chap…
Dollar perking up a bit. Watching gold closely here.
Gasman – are you thinking JDST here?
If I wasn’t already short futures I would be. Looks like it’s starting to be roll over. But if it doesn’t close below $1200, I’ll probably cover.
If you wait long enough, TWTR will be under $5
Cas on radar long