Author Topic: What are you buying today?  (Read 2198152 times)

sethatk

  • Jr. Member
  • **
  • Posts: 78
Re: What are you buying today?
« Reply #580 on: April 30, 2014, 04:36:06 AM »
OIBR

Nice timing, didn't expect it to price this low.

Niether did I and I bought a full position all at once  :-\


frommi

  • Hero Member
  • *****
  • Posts: 1225
Re: What are you buying today?
« Reply #581 on: May 02, 2014, 12:09:06 PM »
I don`t know if this was a great idea, but i just bought a lottery ticket. I bought BP 52$ Calls for 0.04 that end on friday next week. When BP rises by 8-10% this is a 100 bagger which is possible when it breaks out through its february top next week. Slowly my old demons are coming through again, but i found this a good risk/reward scenario.
Anybody out there who likes to punch me in the face for throwing my money away gambling?

racemize

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 2785
Re: What are you buying today?
« Reply #582 on: May 02, 2014, 12:11:05 PM »
just bought some more clarke.

randomep

  • Hero Member
  • *****
  • Posts: 1130
    • Bull Bear and Value Blog
Re: What are you buying today?
« Reply #583 on: May 02, 2014, 12:18:34 PM »
I don`t know if this was a great idea, but i just bought a lottery ticket. I bought BP 52$ Calls for 0.04 that end on friday next week. When BP rises by 8-10% this is a 100 bagger which is possible when it breaks out through its february top next week. Slowly my old demons are coming through again, but i found this a good risk/reward scenario.
Anybody out there who likes to punch me in the face for throwing my money away gambling?

The NYSE is the world's largest casino, we're all gambling in a roughly zero-sum game, but which in the long run can put the aggregate gamblers ahead by a small 5-10% per year.


moustachio

  • Jr. Member
  • **
  • Posts: 86
Re: What are you buying today?
« Reply #584 on: May 03, 2014, 08:15:27 AM »
I don`t know if this was a great idea, but i just bought a lottery ticket. I bought BP 52$ Calls for 0.04 that end on friday next week. When BP rises by 8-10% this is a 100 bagger which is possible when it breaks out through its february top next week. Slowly my old demons are coming through again, but i found this a good risk/reward scenario.
Anybody out there who likes to punch me in the face for throwing my money away gambling?

What was your position size as a percentage of your portfolio?

I'm usually not a fan of short term trades, since I tend to over size all of my positions. I'm no technical analyst, but at least it looks like the stock is in something of an uptrend...

frommi

  • Hero Member
  • *****
  • Posts: 1225
Re: What are you buying today?
« Reply #585 on: May 03, 2014, 10:07:37 AM »
0.1%, its just a gamble with good odds. But i forgot to look at dividend paydates, wednesday is the ex-div date. The last time i did these kind of things was 3 years ago, but i was not very successful doing only this. (Because i was too greedy, let my profits run away and overtrading.)
« Last Edit: May 03, 2014, 10:12:44 AM by frommi »

randomep

  • Hero Member
  • *****
  • Posts: 1130
    • Bull Bear and Value Blog
Re: What are you buying today?
« Reply #586 on: May 04, 2014, 02:40:13 PM »

KCLI

Ross812

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 891
  • Move over KY
Re: What are you buying today?
« Reply #587 on: May 09, 2014, 08:06:44 AM »
I bought a full position in LMCA over the past two weeks and sold McCormick and CH Robinson to fund the purchase. LMCA is now my second largest position after Bidvest.   
96% Fixed Income CDs, Muni, Corporate Debt - 4% SPX Options

frommi

  • Hero Member
  • *****
  • Posts: 1225
Re: What are you buying today?
« Reply #588 on: May 13, 2014, 11:20:21 AM »
Made some big changes today.
Sold KHOLY. Short TESLA,RH,AMZN. Sold Russel 2000 Futures. I am now at 100% long, 30% short and plan to short more in the next days.


bmichaud

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1593
Re: What are you buying today?
« Reply #589 on: May 13, 2014, 12:10:40 PM »
October and December 2014 $190 strike SPY puts