mksloth Posted February 6, 2003 Report Share Posted February 6, 2003 Anybody following OVER? Seems to have been whacked a bit AH - of course it got a positive write up by Ms. Bambi @ Markethype earlier today. Link to comment Share on other sites More sharing options...
fxfox Posted February 6, 2003 Report Share Posted February 6, 2003 now euro lost 40 pips since ramp in stocks began. NOT NICE! So late in the day such a heavy move? oh man....... stop this....... just break down tomorrow.....ok? Running out of nerves a bit. <_< Link to comment Share on other sites More sharing options...
roidrage Posted February 6, 2003 Report Share Posted February 6, 2003 What do you do if a stock or a currency which is in a bull market moves above 62% retrace? Yes, you buy like a freakin chick! fx - You can expect to see this in a lot of signatures in the future. rr Link to comment Share on other sites More sharing options...
fxfox Posted February 6, 2003 Report Share Posted February 6, 2003 What do you do if a stock or a currency which is in a bull market moves above 62% retrace? Yes, you buy like a freakin chick! fx - You can expect to see this in a lot of signatures in the future. rr hope so! Link to comment Share on other sites More sharing options...
Guest Posted February 6, 2003 Report Share Posted February 6, 2003 Steady boys and girls, looks to me like the third of the third etc, etc. hasn?t started yet and we are in a wave 2 flat correction that started this morning shortly after the open. IMO we should see some strength early tomorrow followed by a sickening plunge with follow through Monday. In the meantime the news here tonight reports that the British high level ?intelligence dossier? on Iraq which was praised by Powel at the UN yesterday has been substantially plagiarized - typos and all - from old grad school student paper and a few other published articles. A few other interesting items as well. Real video feed: http://www.channel4.com/news/index.html Link to comment Share on other sites More sharing options...
Guest Posted February 6, 2003 Report Share Posted February 6, 2003 geeeeeeeeez So they ramp like crazy and as soon as the bell rings they pull back? I have MSFT at 4:00 closing at $47.42 And now at 4:05 I see $47.13 X $47.28 Maybe my data is wrong nope...thats right they will try to ramp the crap out of the futures tomorrow if no other bad news comes out I'm startin to get really pissed now,these games are worse every day. now euro lost 40 pips since ramp in stocks began. NOT NICE! So late in the day such a heavy move? oh man....... stop this....... just break down tomorrow.....ok? Running out of nerves a bit. ?<_< ............................ . . . . . .................................... . . . . .rider.edu Link to comment Share on other sites More sharing options...
fxfox Posted February 6, 2003 Report Share Posted February 6, 2003 ou la la, watch the shrub! He makes very angry face! do you all remember very well that even the US administration said weeks ago that there was no realtionship between iraq and al queda? Now all of a sudden they say since the early 90s there very multiple meetings between terrorists and Iraq oh oh, war very very soon! Link to comment Share on other sites More sharing options...
roidrage Posted February 6, 2003 Report Share Posted February 6, 2003 Non-dilutive? i'm not too suspicious. Non-dilutive in terms of NAV? Yes, in fact, slightly additive. Non-dilutive in terms of the market price of the shares? Not quite. This deal seems to split the premium between the private placement folks and the existing shareholders. At a share price of $US 4.49, with options priced there until Feb 7, I can't see how this private placement isn't dilutive, since the close was $5.17 today, but they are paying a premium to NAV, which is $4.18. That premium ends up boosting the NAV, so the shareholders make a paper profit in terms of premium to NAV. The last private placement was fair to the existing shareholders in terms of price, based on the purchase prices of gold and silver, and the change to NAV. I suspect there may be more muck in the way the preferred shareholders are treated in the event of a liquidation/buyout, but I'll have to wait and see the paperwork to find that out. rr Link to comment Share on other sites More sharing options...
Hiding Bear Posted February 6, 2003 Report Share Posted February 6, 2003 Hmm... CEF with another non-dilutive private placement http://biz.yahoo.com/prnews/030206/to012_1.html to buy 24K oz of gold and 1.2M oz of silver. rr Ha! When you click the link, the ad on the page is for OneShare.com, "How do I give ONE share of my favorite stock?" I don't know that this is a great "gift-giving idea." It's probably more cost effective to simply buy that "special someone" a 12-pack of regular toilet paper. Non-dilutive? I menetioned on IDS yesterday a secpndary could be coming and I sold my position. It seems like CEF could have done at least a little better and sold new shares at a somewhat higher price. They do have an obligation to do what's best for existing shareholders. Due to lack of alternatives, I will probably be looking to buy it back when the premium is about 15%. Note that unless you are already a long term investor in at lower prices, I would not recomend a large new position until the premium is further reduced. Link to comment Share on other sites More sharing options...
Jimbo Posted February 7, 2003 Report Share Posted February 7, 2003 RE AIG Thank to all the dear rampers for ramping AIG back up over $50 at days end. Now I'm comfortable "shorting and holding" this annoying POS. Once Herb goes, the skeletons will come pouring out of the closets. Just like GE. Greenberg recently sold 1.3 million shares. He knows when to jump. Why dont retiring CEO's title their books: "Now I have jumped ship the shit will hit the fan and the stock will hit the crapper". Stock price built on enormous information assymetry dam. Build the dam up by hiding all the bad news/ using every accounting trick in the book then get out on top - then let the dam break and short the stock to hell. Keep the sheeple in the dark and feed them on bull shit - it works - or used to. Now the market is wising up when the "GOD" CEO retires. Their are no gods only PRETEND ones. Link to comment Share on other sites More sharing options...
Jimbo Posted February 7, 2003 Report Share Posted February 7, 2003 GO FISHING MR BEAL Nothing like some fishing to sooth the tired trading nerves. Better still why not turn your trading into a form of fishing. I think fishing is a very good anology for SUCCESSFUL speculation. (1) Fish are not around all the time (high probability trades are few). (2) Even when the are around they might not be biting (stock trading sideways) (3) You need the correct bait (put/call/options/QQQ/stock/whatever). (4) Different fish like different bait. (5) You have to be patient. (6) You should fish with the tide (its going out right now). (7) Even when you have hooked a fish - he may still get away (the devil is in the closing - trailing stop loss anyone) (8) The little fish should be thrown back in (dont go for small profits) (9) The weather can suddenly turn viscious (succor rally anyone?) (10) Some days you wont catch a thing and will use up all your precoius bait. Most important rule!!!! (11) ABOVE ALL AVOID DROWNING AS YOU WILL NOT BE ABLE TO FISH ANYMORE Yes I think the study of fishing has a lot ot recommend it for application to the art of speculation. Link to comment Share on other sites More sharing options...
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