Seeking Alpha
  • J Mintzmyer
    $ANGI bounces back up... really? Speaking of which, $AMZN also up? This is such an insane market! Back to 1998?
    7/26/13
    Reply (13)
    • rarara512: Amazon has been overpriced for 10 years. I agree Mr. Market today isn't rational
      7/26/13
    • Zeus2012: Be careful on your LNKD short. This market is not rational. Don't expect the type of FB move next Thursday but 10%+
      7/26/13
    • Zeus2012: is not out of the question if they provide good guidance. Yes, it's absurd but that's what happens when you have enormous liquidity
      7/26/13
    • Zeus2012: slushing around.
      7/26/13
    • J Mintzmyer: I'm 100/70 overcovered with a $210 call (rolled up $190c). Huge $LNKD bounce actually makes me money. Worst case is a flat response.
      7/26/13
    • J Mintzmyer: I'm not covered on AMZN, so this is hurting me a bit. I have $250p $NFLX that expire in 4.5 hours, trying to max my closing price here.
      7/26/13
    • Zeus2012: Good luck on NFLX. I think your thesis on all these stocks are correct. Some like ANGI I'm going to wait and other like AMZN
      7/26/13
    • Zeus2012: I would only sell call spreads after stock gap up. Would not touch LNKD. Too volatile.
      7/26/13
    • J Mintzmyer: Yes- internet stocks are performing well in '13, not good for my trading portfolio. $ANGI position is down a lot considering August strike.
      7/26/13
    • Mioracle: It is not difficult to indulge in some dark paranoid thoughts about this crappy stock being manipulated to cash in on a secondary
      7/26/13
    • attunix: Certainly hurting this week, but with so much tech exposure it's nice to have a hedge, even if it doesn't pay off this time.
      7/26/13
    • attunix: Lots of examples in history where bubbles took several years to finally pop. Unfortunately shorting takes patience and deep pockets.
      7/26/13
    • Zeus2012: These are tough shorts when we're swimming in a sea of liquidity. Similar to the period from 1998 to 2000.
      7/26/13