About 70% of stocks are lower today, which is the cause for apathetic indifference on behalf of traders nationwide. Most people I quiz have resigned for the year, content with their gains, happily fat and plump from a spectacular 2013. However, there is still work to be done and a good stock picker can make this tape his own, just by paying attention to the details.
For example: both GMCR and YELP want to go higher. All they need is a little push, and it’s lights out for the shorts. Also, the other day I sold 60k NSTG at $13. I got filled within 5 minutes, which shocked me, since the stock is illiquid. As soon as I saw that, I held off on any other sales, knowing there was a big buyer out there. Lo and behold, the stock continues to press forward.
The details matter and you can’t see this sort of stuff on your stupid charts.
DRYS and BALT are the best plays in the shippers now. Both stocks are steady, as rates climb and competitors GNK and EGLE get taken to the woodshed. If I didn’t own BALT, I’d be a buyer of DRYS with both hands. They have the biggest exposure to the Capes.
Hey, on a side note, did you know WBAI is literally a chinese lottery play? Something tells me the Gods mock me with this offering. Perhaps I should buy it?
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i know you think I jest, but $Angi is the best…
She’s not ready
agreed and not in yet. But she’s getting ready in the dressing room…
I already peeped into the dressing room and got me some $ANGI… she looks like she is putting on sports clothes and getting ready to run…
hitting the bid on a sell and taking 5 mins to get filled…that is some size.
I didn’t hit a bid. I put out an offer that was 20 cents above bid and got hit.
Every time I read Zerohedge, I feel oddly suicidal. They suck.
NES
Was that an attempt at comedy? Or, just a childish outburst?
Cxo at 100 is interesting
“Also, the other day I sold 60k NSTG at $13. I got filled within 5 minutes, which shocked me, since the stock is illiquid”
The total volume for that day was 102.1k (you accounted for ~60% of the stocks *entire daily trade* in a single transaction…)
I have a terminal in front of me that suggests otherwise. Maybe an editor should advise you to limit the frequency of credulity straining tibdits…
Not me though, I don’t dalliance with such nonsense as editorial review.
Good work Fabio. Looks like it was more like 6k, and not 60k, if anything at all.
Good work Fabio? What the fuck you talkin about? Fly’s trade is clearly visible on any decent intraday trading software platform. It’s pretty clear to anyone. In fact, I could pinpoint the exact time of his sale based on the chart. Not “good work Fabio” – it’s “You’re fucked up Fabio”
haters gotta hate.
I was not bragging about a small 750k order. I mentioned it because of the rareness of such a thing happening. I thought it was a cool detail to mention. Some people are never happy and always think the next man is full of shit.
I thought it was pretty sweet. Fuck these plebs.
You read it right. 60,000 shares and yes I was 60% of the volume.
Why do you bozos try to play gotcha with me? I don’t fucking lie, so you might as well figure out something else to investigate.
Tell Dem!
Stock was sold on 12/6. If I had anything to gain, I’d post the screen shots of them.
Still working on the OSC program?
Haters gonna hate…thank you fly!
Daniel Plainview says:
For you ‘Fly’, drink up:
http://www.youtube.com/watch?v=Qajb3Y4tjuA
Hi Fly
I am new to this blog and like your BALT idea. Do you think it is a good idea to enter a long term in the money option? Can I know your timeframe for your target of $15. Thank you!