I have to chuckle at the Bossram Alpha cycle today. It had me short at the open, and I didn’t like it one bit. Yet BOSSRAM stayed true to its name, ramming out a 1.5 handle profit on a short.
It was the only /ES trade so far today.
ELROI is clearly smarter than I am because I wanted to put a short on at 1647.50 but since I’ve pigeonholed all discretionary trading to conform to the Bossram Alpha cycle I only looked for Elroi to engage. It looked like the type of situation Elroi loves to engage, yet Elroi did not, in fact engage. I have to go over the code and see what threshold kept Elroi out. In the meantime, I’m proud of my little helper robot for laying off the tape and not taking the fade.
+1.5 on the session. That is all.
If you enjoy the content at iBankCoin, please follow us on Twitter
Any updated thoughts on $rvlt? Has their entire business model flown out the window or is this a great buying opportunity?
shhhh…
Has their entire business model flown out the window?
probably..
Have you ever held(traded position), bathsalttrader?
same question posed( or tossing accusations) back in early June about the expected death spiral of FB..
(d@mn I wish my banter was still listed on these pages..leading up to and quietly sitting at the same price level for months) As you are well aware it’s up 79~80% from the pre~earnings 32~33ish range.
RVLT is and has always been a spec(huge $$ maker for me) until further notice.
you must gauge your own tolerance level risk/reward. Mine happens to be apparently high.
Thanks sooz, I’m certainly not trying to toss accusations at anyone. I have been in $rvlt since low 3’s and bought more today because I agree with raul3 about the fundamental story. I was just curious to see if he bought more on today’s dip or if he sees more downside before a bottom is in. Thanks for your input as well
I bought more today BST
oopsa..
22~23ish range..
well now sh!t ..knew my error the second I pressed submit
Oooh..referring to FB acquisitions that’s all. Just a POS as some would claim and now has hit Big A$$ leader status just 3months later(?). Funny how that works..fickle traders!
Da Bears are having a love~fest with RVLT and are making some nice cash.
A very nice win for them these past few weeks.
Exactly how it’s suppose to work,right? Love Da Bears..
I posted on these pages not too long ago that there are too many eyes on this one now(both bulls and bears alike) compared to a time when it was left for dead. It,s been pretty predictable moving into 2013..predictability now waning. I liked it so much better when no one was watching.
*always a bull and at times just resting. I never short other than placing hedge w/ inverse tools.
searching for my next big spec..
;))
have a few in the ports adding and have posted about them here buried within these pages. I’ll post positions/adds if they start to look promising.
yeah..because that’s just what I do..
brought RVLT to these pages a long time ago..move up to 80 pennies. very much the truth. posting all trades around core. this is also very much the truth.
I did try my best to get you in below a buck(?!?)
hmmm…
and now for some reason I fell responsible for those taking a huge draw down. Yeah, that’s just the way I am..
Have a great day, all you Beautiful People.
Sooz, we’re all adults here, if we don’t like an idea we move on.
I personally really really like RVLT as a business, so I’m putting my investor cap on and dollar cost averaging aggressively on the way down.
Nothing has changed behind the thesis here. They’re going after the big retrofits, institutions, petro stations, the big money.
If they do this, if they drive 30% year over year growth, the stocks worth much more.
taking a bit of profit here:
FB (+90%) and some leftovers in the IRA from low LOooows(17 and change..baby).
remain long 3/4 position/last ins..posted entry somewhere here on the pages of ibank:
Acquired 06/05/2013 at $23.37
yes indeed, Sir Raul
although, there were noted warning signs.
buying blood as well..