iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

NOV: Sold @ 53.30

National-Oilwell Varco, Inc. [[NOV]]

– Bought this morning @ 46.90

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11 comments

  1. boca

    Nice trade RC, and I hope you can do it again tomorrow, from 53 to 58.

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  2. Woodshedder

    Good one Cajun.

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  3. P

    NIce day trade! Why didnt you hang onto that on for a while longer. I think we continue to see strength for at least another day in that sector.

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  4. P

    Then again realized profit is always great.

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  5. DPeezy

    Indeed. Went with some calls from 50 to the close, along with some DUG puts from 44 down to the close.

    I’m done trying to hold things overnight (other than straddles/strangles).

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  6. uso to 68

    you win…
    Is it just me, or are the refineries too low?

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  7. Dinosaur Trader

    Not bad… when you gonna get your series 7 and join the RO already?

    -DT

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  8. RC

    SanDisk Corporation (NASDAQ: SNDK) has received a $26.00 buyout offer from Samsung, and shares are soaring after the close.

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  9. Danny

    board unanimously rejected it!!!!

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  10. Aris

    man, you timed that NOV buy perfectly RC.

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  11. TraderDave

    I think this bail-out will be good for a 2 hour rally at most. The problems that plagued AIG are widespread throughout the financial community; BSC, LEH and AIG were the first to fall because they were a little more extended than most others. But now that we’ve seen the carnage first-hand, the reality will start to sink in. We are in the 3rd inning on this thing. Remember that over 1,000 banks or S & Ls failed in the late 80s and the abuses this time are just as bad.

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