Short interest is at 2011 levels here. Need I remind you that we’re gently off the highs.
Should you bears get spooked here, I weep for your future.
I bought DE calls, MEET shares, and added to CORT because I am conveniently informed.
OA
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Interesting. Is the short interest chart the same for Russell and DJI? I’d look for that myself, if I knew where to pick up such a chart.
Look up short interest on SPY, IWM, etc. I remember pointing this out last in late 2011.
Yahoo Finance has it. Not that I know what Yahoo Finance has or has not.
Thanks, I’ll check it out…not that I really need to see it…I was just curious.
Talking about shorts let see if they get their face ripped in BTH
OA, CECO that you highlighted months ago is rocking. I’m still in it, and it looks like it might stick this time…
I see APOL has an April Fools Day earnings date.
Yoshii, let’s hope they don’t come out with a cruel joke of a report… On a side note, I can’t believe how many chumps at my workplace are pursuing a degree at the Univ. of Phoenix in hopes of getting into ‘management’ one day… There’s a bull market in fleecing the hopeful hopeless….always.
I’m trying hard to think of a good middle-east conflict reference here.
What are you talking about buccs? If it’s good enough for Larry Fitzgerald of the Arizona Cardinals, it should be good for you.
ESI trapping shorts maybe?
F the bears.
@Jolly, I have shorts but am not offended by your statement because I also have longs. Until you learn how to use both sides of the Market to your advantage you will miss some opportunities. I am not a Bull or a Bear. I am a trader/investor.
Jeff, what are your thoughts on BAC here?
Lacking conviction in volume.
GOGO and YGE has been the thorns in my side this year. but can’t seem to turn away.
YGE i’m about flat now but was up big earlier in the yr.
GOGO, lost everytime i traded it
File them as asshole stocks. Pick new ones that don’t torment you so much.
i’m adding to my GOGO calls (that are chopped) and adding to my YGE shares
Maybe crazy but bought more FENG Apr 12.5s
what do you mean by conveniently informed with CORT?
I thought he meant with respect to the market when I read that.
I bought CORT Apr $4 calls based on unusual options volume. 1700 May $4 and 4000 Apr $4 calls bought about an hour ago. I haven’t checked back to see if there has been more volume.
Phase 3 interim results of Corlux-Korlym due 2Q. Looking good for approval.
First, how did I do on the pic?
better. it appears a bottom has been put in and you’ve got a v-reversal going. let’s hope it’s not short term.
WTF?
What are the guidelines I am to follow? I laughed out loud on this one.
the problem might be me. i’m very sarcasstic and have a (possibly) sick sense of humor. It takes real quality to move my emotions. I mean come on, just look at the “this is the end” video clip. A dime bag just isn’t going to satisfy a heroin addict.
Your newest pic was a sharp v reversal off the low, don’t worry. The best part is his facial expression/eyes in the pic. I laughed. The wording of the title plays a good part too. It has to flow. It’s art, Jeff.
OA, did I hear you are shorting FEYE on pops? full disclosure – I’m long commons and short calls against it
Nope, no way.
no TPLM purchase?? i am eyeing it at 8.20 – 8.25. any thoughts?
OA, you out of GOGO?
NOGO for GOGO
Nope. You?
i’m still in it. putting it in a showbox and burying it in my backyard. i’ll check back in a year
Jeff, what’s your plan with the hedges? What’s your conditions to take them off? TIA,
Have you hedged before?
No. On my own I tend to be a perma bear. I need services like yours to make me go long on a runaway market. I never understand hedging, much the same way as I don’t understand mortgage if cash is of no object.
I asked this question in the chatroom before: what’s the advantage of hedging vs. staying cash/reduce exposure? But I think it fell through the crack.
I just plowed back into GME. Fucker has got to break these chains soon.
Watching HGG, FST, MACK, DNDN. $10 darlings with short interest over 20%. What do others think?
Love HGG
OA – is YGE still the 2nd largest position in your port?
Yeap
ZU seeking it’s revenge.
just flush already, dam market. seems like it just doesn’t want to hold up
We and Thurs. was the “flush”. So sorry bears.
Wed and Thurs that is.
wheres the bottom in biotech? wowzer
What do you own in biotech?
not fun stuff like you.
GILD, IBB and PBE.
I can’t own individuals in that sector
Oh man, I warned you to stay away from big cap. My biotech theme was based specifically out of a rotation out of those names. Have you noticed I don’t own any?
i like conveniently informed
Getting a little dicey here again…
Think discouragement…
Thought I was going into the weekend feeling positive…
All of a sudden can’t stop thinking disbelief…
think discouragement is right. i think all of us here are pretty fokin discouraged at this point
Does SINA need a word like turboaversion to describe its action?
Positive Thought S*O*D*A (camouflaged so the algos don’t target it) just keeps slowly climbing. Only up trade for APR I’ve got right now. Solid OA pick.
I like that camo idea!
lol, i bailed on that one for profit.
11-12 or 13-14…
http://monevator.monevator.netdna-cdn.com/wp-content/uploads/2010/12/funny-trader-emotions.jpg
and peppered throughout the chart is “But first…let me take a #selfie”
if $IWM closes red again today, it will be 6 down days in a row. and today’s big reversal should raise a red flag
Still above yesterdays low…
i think the sell off from the gap is a bigger tell.
STFD i guess is the new game in town
We shall see, the battle rages on
trust me, i hope im wrong but doesn’t look like it. the market action has been pretty defined this week.
odds for a nice flush of the toilet rising ?
we didn’t get our flush earlier this week???
a better one ?
zilch
Hard to get short when FXI +2% and EEM up also
Somebody last week posted here or in AH about heavy selling in Brazil stocks, boy that was sure a false tell, wish i remembered who
Yeah, I’ve been on this EEM/FXI kick for a long time. Tough divergence to ignore.
Yolo SPY put today for a 250% gain. Went with the gap and trap philosophy on the trade. Thank god cause I really needed a win. Still down 2% for the year. I will get it back…
$TSLA calls look cheap, no?
Also, anyone still in MJNA? I took a position today
I’m in MJNA, GRNH, PHOT, and HEMP still.
I’ve got MJNA and PHOT as investments.
Watching $SCTY pop AH because of a mention on Options Action is just hilarious to me. Usually I’d fade what those clowns say but I think they have a good idea here going long on $SCTY.
That was my favorite mom name here besides DANG
Yeah man SCTY looks ripe for that v-reversal type bounce. Carter Worth was actually dead on pointing out the prior fast moves up. That volume pocket looks absolutely amazing up to about $75. I was thinking next week’s APR 70’s on Monday and add a YOLO on Tuesday or Wednesday if it hasn’t moved yet. I really think it moves fast though once it starts.
I mean I’ll start with APR 70s and add a YOLO possibly later on, depending of course on this manic market environment.
.
GAWD !!!
How much longer must we endure that pic of Jim Carrey holding the flaccid dildoe … on the front page ?
Have you no sense of decorum ?
.
.
😉
.
It’s fitting for the week we had.
CORT long live our mole
PLUG long live our mole
OA called the green light to the start of the big bio rally….nailed it,,no way yet