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H. T. Love

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  • REE/Strategic Minerals Concentrator, March 18, 2014 [View instapost]
    VB: After watching China, Lynas, Molycorp, GWM, ... and the economy, I'm suspecting that nothing comes to fruition in the time-line of my remaining lifetime, if ever.

    I'll just keep my hands clean until I see something really positive develop as stuff actually comes out of the ground and makes it's way to a real customer's hands. I might miss a lot of upside, but that's OK by me.

    Dec 15, 2014. 06:21 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    Rick: If you saw my earlier reply today ignore it. I checked ETRade's site and read the wrong line which had $1.18 (last trade so far today). Their site does show $1.20 for Friday.

    Dec 15, 2014. 12:42 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    I see SA doesn't like ftp urls, the NYE/ARCA source.

    This one ought to work.

    Dec 14, 2014. 07:47 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    For bats, there's two, the BZX and BYX - click one in the bar near the top that is labeled "Makets".

    EDGE has two, but each has its own url.

    The several others of which I'm aware report via FINRA, so you probably get all four(?) of those already.

    As mentioned in my first response, if new ones have been added I may not be on board with them and I don't know if they post corrections like FINRA had to do for ORF.

    There used to be one at the CBOE but it went out of business. Those I catch because no data comes and I e-mail and get told about it then.

    Dec 14, 2014. 04:29 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    I had mentioned in the past that when we moved to the exchange we wouldn't have the convenience of a single source. Fortunately, long before I started with AXPW I had been digging to educate myself and found the sites.

    I'll have to do a quick dig into my programs to get the urls ... back in a few minutes.

    Dec 14, 2014. 04:01 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    A couple possible spots include, due to the switch to trading on an exchange.
    - Daily short reporting is no longer in a single place. You have to consolidate them for yourself. If you miss one ...
    - Some of the exchanges' files are only available several hours later than the others. Two, IIRC, come in around 9ish? Left coast ones? So if you grab too early you *may* miss some (or not because if they had no shorts they may not report?).
    - Some exchanges don't report any trading totals if there are no shorts; this affects calculations only if you use them (which I do in my programs, but then I manually adjust - a possible source of error, but only in the calculated percentage since I don't mess with the short value).
    - As you mention, the exempt difference, but that should be relatively small. In my blog I attach a note for each day that has exempts explaining what would happen if they were factored in. I've not read the rule for exempt for a long time but ISTR it is for companies that don't have to report under reg ... crap! 204D or 206D or something similar? Anyway, I always use the non-exempt number since the exclusion doesn't affect results for my purposes. Regardless, for all of 2014 they total to only 22,173. I suspect, since I can't remember the rule, that these might even be erroneously marked. But for *my* purposes it doesn't matter.
    - Odd lots might not be included - while working with FINRA I did discover they were not and requested they include them, which they have ever since. I don't know if the exchanges include them in their totals. I do include them in my totals (trade vol only because *normally* I can't ID odd lot short sales myself), which would really only affect trade volume and the derived short percentage, and adjust my results accordingly. *Generally* they are a very small percentage, but on very low-volume days they tend to be a much large percentage of trades and could have substantial effect if they included many short sales (which we *normally* can't isolate out).
    - Corrections. Working with FINRA I found they were losing ORF (and maybe other? Don't know.) data. At that time they instituted the "Updated" file the following morning each day as part of their SOP (and that also had failures many times). I don't know if/how the exchanges do the same as I've never investigated yet.

    Hang on I'll gen a .csv file for you ... and while I'm at it I'll double check against my hysterical (sic :-)) ) derived stuff to see if it matches ... tick tock, tick tock ...

    Found a few errors in my historical derived stuff - one likely weather or outage related, others likely typos or corrections I didn't get. I've left them as found.

    OK. .csv file with pipe delimiters ('|") that includes daily 2014 detail reported (as of my current files - any posted corrections other than ORF I wouldn't have and FINRA even owes me one I now know I'll never get) and summary total for the same fields by reporting facility. If new ones have been added in the last couple of years, I didn't hear about and don't have them.

    Since formulas included operations over arrays, I saved everything in results form for you and the formulas disappeared. I can send formulas along if you want.

    Dec 14, 2014. 11:56 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    JohnM121: Agree! Holiday season(s) kill normal market behavior too! I would be surprised to see anything significant change during this period ... unless some neer-do-well was waiting for just this condition in which to do the dirty deeds.

    But I presume that neer-do-wells also vaction?

    Dec 13, 2014. 06:54 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    Last two trades:
    $1.2001 100 15:52:11
    $1.2030 100 15:46:40

    This from Power ETrade Pro's "Time & Sales" panel which shows, with my settings, every bid, offer and trade.

    Dec 13, 2014. 06:50 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    12/12/2014: EOD stuff partially copied from blog (up now).
    # Trds: 26, MinTrSz: 32, MaxTrSz: 1900, Vol: 6139, AvTrSz: 236
    Min. Pr: 1.1500, Max Pr: 1.2298, VW Avg. Tr. Pr: 1.1765
    # Buys, Shares: 7 3332, VW Avg Buy Pr: 1.1796
    # Sells, Shares: 17 2482, VW Avg Sell Pr: 1.1691
    # Unkn, Shares: 2 325, VW Avg Unk. Pr: 1.2009
    Buy:Sell 1.34:1 (54.28% "buys"), DlyShts 3357 (54.68%), Dly Sht % of 'sells' 135.25%

    See the new paragraphs at the bottom of the header, beginning with “On 12/12/2014 something that caught my eye” for an interesting, to me, discussion regarding today's daily short sales.

    Unusual? Opening 9:30:00 trade was a 100 share sell at $1.15 leaving a bid of 4.9K for $1.15 behind. The bid apparently was entered at the open because I saw no 5K bid entered, just the 4.9K (remaining?) after the trade. Anyway, at 09:44 10K gets added to that, assuring a floor for today (with the expected low volume that appeared), which I anticipated ... (Thursday's EOD entry posted Friday morning) with ... “Before we go any further, today is Friday and all my unusual seeming optimism may be thwarted by what seems to be somewhat common “Friday Doldrums””.

    Good news! No thwarting occurred! In spite of low volume, positive trends remain in place. However, low volume does mean we must assign today's stuff less weight than we would if volume were higher, and especially so if the volume trend of/towards normalcy was more mature.

    My newer inflection point calculations continue to show decreasing weakening trends and we now have the two shortest periods with marginally positive readings.

    VWAP returned to trend, after marginally falling (-00.15%) after three consecutive up days, today moving +02.28%. But do keep the very low trading volume in mind.

    Today short percentage continued the move towards normalcy with a 54.68% reading (very big spike, commensurate with my “choppy” description of how ... OOPS! I forgot to factor in my own admonition about “Friday Doldrums”. Low-volume days often ...

    The only fly in the ointment of optimism is that average trade sizes have been falling precipitously – maybe just ...

    Today's low, high, VWAP, trade volume, and daily short sales moved 6.48%, -0.02%, 02.28%, -86.73% and -67.90% respectively. Price spread today was 6.94% vs. 13.89%, 17.14%, 13.21%, 33.54% (twitchy day – see first note and trading breakdowns for 12/8), 4.83%, 7.68%, 8.18%, 10.77% and 5.73% on prior days.

    The larger trades (>= 500) occurred on 2 of the 26 trades, 7.69%. These 2,400 shares were 39.09% of day's volume, and traded at a VWAP of $1.1804. There were no sells or unknowns.

    The other 24 trades, 92.31% of the day's trades, traded 3,739 shares, 60.91% of the days volume. The VWAP was $1.1740. 5 trades ...

    The usual and an addition to the header is in the blog here.

    Dec 13, 2014. 06:46 PM | 4 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    Smaturin: I can't keep my trap shut for a full month like you have.

    I admire (or is it resent?) your self-discipline! :-))

    Dec 12, 2014. 03:39 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    Thanks all. I'll give those a try.

    Dec 12, 2014. 03:23 PM | 4 Likes Like |Link to Comment
  • A speculative play on UQM [View instapost]
    CN: I'm sure that's part of the recent pps story. But I *suspect* it's more sentiment generated by the recent quarterly report results.

    Shorters took advantage of that for a while too.

    I've been in (and out) of (CPST) since I discovered it in 2008, IIRC, and have seen this particular dance a few times.

    The last couple years I've been mostly out and recently switched to even doing intra-day trades when I see a good opportunity. The bots run rampant over there and every once in a while an attractive pattern can be seen far enough in advance to make a few sheckles.

    I'm very patient about that though.

    Dec 12, 2014. 02:46 PM | 1 Like Like |Link to Comment
  • A speculative play on UQM [View instapost]
    DRich: I was marveling at how UQM was going against the grain myself. With the "conventional wisdom" being low oil - bad for "green tech", it really did surprise me.

    Dec 12, 2014. 02:30 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    I just e-mailed CS and that's the response I got. Don't know who might have really seen the suggestion.

    Dec 12, 2014. 02:24 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 383: Dec. 07, 2014 [View instapost]
    NGS: the CBOE generally makes markets for options. The don't do it when stock price is too low and even when not it sometimes takes time for them to start making a market for them.

    Dec 12, 2014. 11:01 AM | 4 Likes Like |Link to Comment