All Forums | Investments

January Stock Talk V

...
Participants:
Search model icon
Views: 1670
Posts: 102
 
Banned
Participation Meter
Joined: Sep, 2007
Posts: 1389
Posted: #76
fuck it wall,to get all that back in a day,no problem sellin it
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #77
Gunners,

You know how long I have been holding IDMI right? A LONG time..so this brought me back to even.

I would buy it below 3 though..got down below a buck not long ago.

Boiler, market wise? Some bad ISM number and now they are back to where they were before the move up.

Yeah I took that chance and rang the register..had 1300 shares so the move today helped quite a bit.


 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #78
yeah, i knew you were on it for a while.  good to get your basis back though, could be worse
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #79
Part of me knows the drill that the MMs will try and run it tomorrow early, then take them down and cash out the day traders..

But geez I had to take advantage. I missed the top at 4.30 or so, but did sell at 4.02


 
Prospect
Participation Meter
Joined: Sep, 2006
Posts: 328
Posted: #80
DAMN wallstreet, IDMI finally! Still sitting on it, what a crazy day.  Took forever but glad i didn't sell awhile back.  Kind of offset by imb shitty day but it has been on a nice run, half my shares are gonna get called away on imb 7.50's unless I buy them back and just sell calls on all of them at the 10 strike.  Gonna dump idmi if opens down.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #81
Grinder,

So what did you sell CC wise exactly?

I didnt see ANY news on the IMB drop, went from over 11 to below 9, I dont get it.

Watch that open on IDMI, set a mental stop and dont let it turn into a missed opportunity.
 
Prospect
Participation Meter
Joined: Sep, 2006
Posts: 328
Posted: #82
I sold 7.50's on half of imb shares a few weeks back.  I'f imb drops anymore I will buy them back and sell new ones but this time sell them against all of my shares out of the money to make a few more points (hopefully).
 
imb reports earnings on 2/12, i have a mental stop on idmi which is dump for anything above 3.40....gonna be watching closely today.
 
 
 
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #83
FWIW

I bot 1000 shares back at 2.75 today, since I sold at higher prices I can about buy 2k shares when I had 1300 earlier.

What did you do Grinder?

They are killing the stock today.
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #84
wall- way to go on the $4.02 sale yesterday!
 
Prospect
Participation Meter
Joined: Feb, 2007
Posts: 352
Posted: #85
does anyone have any insight on PRS Primus Guaranty?  I picked up at 5.5, got killed yesterday on 4q earnings losses yesterday, down a shade below 4.

Is this company dogpile or should I hang tight for a bit?  I know credit swaps are high risk and dont feel like tanking even furthur.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #86
If you think credit swap market returns then hold..the income statement is verrryyyyy scary.

Its kind of the same reasoning for taking a stab at a MBI or a IMB kind of stock, if you think the future will improve then current prices are going to improve in the longer term.

Risky is a nice way of putting it.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #87
Thanks Gunners!

I have missed so many of these one-day-wonder moves that I had to take the chance yesterday.
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #88
i wish i bought with you at $2.75 for a day trade
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #89

  This is kind of a personal, specific question that I will generalize to make it hopefully more apt for everyone.
  I am looking at state by state muni bond funds.As I live in VA, I am looking exclusively at funds that are solely in VA bonds.
  What does everyone think of the basic relatively short term (one year to two year) prospects for muni bonds, given the uncertainty of the bond insurers? What is a reasonable expense ratio for these funds??
   I have never, ever been interested in bonds. I have never spent much time with them at all.

 
Legend
Participation Meter
Joined: Jan, 2005
Posts: 33208
Posted: #90

Quote Originally Posted by wallstreetcappers:

Might regret this..but I sold my IDMI in after hours.

Being down so long on the stock and it got back to about where I bought it, so I took it off the table.

accventures is probably dancing in the streets!

 

LOL!  Only down 56% now!!!!!

 

It was a nice surprise I will admit.

 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #91

 For people who really get into the data of energy, the following site is the one of the most useful I have discovered over time. I may have posted it before, but if not:

https://www.eia.doe.gov/

 
Legend
Participation Meter
Joined: Jan, 2005
Posts: 33208
Posted: #92

BTW, I think we could  get a POZN approval before April....yes, that would mean the FDA acting on something early.....no, I have not lost my mind.  They have had the file for a long time and the study that was done was stupid and they knew what the damn results would show before the bitch was even done.

 

Early approval (before April) would be VERY nice for my march 15 calls.  Very nice.  Building a position in the June 17.50's just in case.

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #93
Acc,

Even if POZN gets approval, we both know that doesnt mean they start selling in April..the sales force will need to be developed and marketing plan created etc and implemented. There wont be any real sales until 2009 most likely.

The time to make hay for POZN was this year..it could still do well, but with both ingredients being off patent by the time sales start, it doesnt give me confidence in owning the shares.

So you are STILL down 50% on IDMI? I bot and averaged down..luckily.

Gunners..I tried to sell at 3.27 for 500 bucks today, will leave the order in and see if they run it back to the highs again.
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #94
alright... hope it goes back up.  i just bot 775 shares at $2.68.  i plan on selling sometime today. 
 
Legend
Participation Meter
Joined: Feb, 2002
Posts: 67006
Posted: #95
Remember Local.com (LOCM)?  Hot again today on increased traffic news.  Up about 35% today.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #96
Depeche,

I saw that...nice move but I just dont see them turning the business into a critical mass and the whole lawsuit thing hasnt panned out yet.

IDMI all over the place..
 
Legend
Participation Meter
Joined: Feb, 2002
Posts: 67006
Posted: #97
WS, I still think they are positioning themselves to be sold.  With the Yahoo thing I think you'll see a wave of consolidation in internet properties.  Local is a very important segment and local.com has good properties and local search IP.  I can definitely see Google taking them out for an amount that would be pennies to Google.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57067
Posted: #98
BIDU down to 235??

And to think I scoffed at the 300 puts?
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #99

wall, i wish i actually shorted DECK up at 137.  it just broke down this afternoon, trading at 110 right now.  i'd have taken that 27 points and ran!

still holding onto the IDMI, hoping for a bounce tomorrow i guess.  luckily it is a side show to my running inverse etf positions. 

 
 
Covers Linesmen
Participation Meter
Joined: Oct, 2005
Posts: 66698
Posted: #100
fwiw - i hear a new hedge fund strategy is to find highly leveraged companies and short the piss out of them

any idea how to run a stock screen on debt rations?


All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming
Sports Betting
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Ultimate Race
Office Pools
The Covers community has
618,670
lifetime members worldwide
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Site Map Help Privacy Terms of Service youtube logo facebook logo twitter logo instagram logo linkedin logo google news logo
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo
Copyright © 1995 - 2025 CS Media Limited All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.