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Stock Market Mike

 
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  • Stock Market Mike
    Have been starting to unwind positions since Friday last week. (Yes, in this tax year) Last few days have me nervous and suspicious. -Mike
    12/10/14
    Reply (3)
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    • Stock Market Mike: good for the economy, but it's a crack that'll impact whole countries, and I don't know how that'll affect everything. More comfortable with
      12/10/14
    • Stock Market Mike: less market exposure right now, at least until oil turns around. Doesn't feel bullish like in May. http://bit.ly/1ySmfKr -Mike
      12/10/14
      • Stock Market Mike
        Seadrill Makes Higher Lows On Improved Investor Confidence - Charts And Moving Averages $SDRL http://seekingalpha.com/p/1wa9n
        8/20/14
        Reply (1)
        • sethmcs: Very good article. I chased SDRL for two years before averaging in at $33.66. Now I am in for the long run.
          8/20/14
          • Stock Market Mike
            Might be witnessing a double bottom on $SDRL and $LGF due to market weakness. Watching them closely now.
            4/11/14
            Reply (15)
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            • Stock Market Mike: It's a couple months later and LGF still hasn't recovered and gotten out of the $20's.
              5/12/14
            • Stock Market Mike: SDRL had a brief climb up to ~$37. Earnings on the 30th - if good, might push them higher. Offshore drillers are starting to regain favour.
              5/12/14
              • Stock Market Mike
                Just bought $DFT at $23.16. Seems on-sale. Very volatile right now. Sector not in favour... DLR and DFT both punished recently.
                4/1/14
                Reply (4)
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                • Stock Market Mike: May have just had a double bottom. Stock responding well today. Keeping close watch.
                  4/3/14
                • Stock Market Mike: Looks like it was a double bottom. Up almost 12% so far. DLR even better if anyone got in at $49 on the CEO news. -Mike
                  5/12/14
                  • Stock Market Mike
                    $SDRL $MU are on sale. Couldn't resist deploying cash. Happy to continue holding $GDXJ and TSE $PME
                    3/13/14
                    Reply (3)
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                    • john_matrix: Waiting for the Jan 2015 calls to get cheaper before I pile in...
                      3/13/14
                    • Stock Market Mike: Agreed. We could have more general market weakness. MU is holding near $24 pretty well, but if everything sells off 4%, MU will drop too.
                      3/14/14
                      • Stock Market Mike
                        $CYOU just went up 5% in 2 minutes. Related to those Mar 28 calls? My March 24/26 spread is well in the money right now. (cost $0.80)
                        2/21/14
                        Reply (1)
                        • 1980XLS: $TCEHY
                          2/21/14
                          • Stock Market Mike
                            $EROC getting pounded. Big seller just unloaded > 100k shares in 15 minutes, pushing price from $5.15 to $5.08. How low can it go?
                            2/20/14
                            Reply (11)
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                            • Stock Market Mike: Nobody should be holding EROC right now without selling calls against them. You can get $0.60 now for the Oct $5 calls. Downside protection.
                              2/26/14
                            • Stock Market Mike: Downside protection proved useful, since EROC is at $4.20 today. (dipped to $4 Apr 24 on Dividend suspend announcement.)
                              5/12/14
                              • Stock Market Mike
                                $MRVL just spiked vertical. They win a court case or something?
                                11/5/13
                                Reply (2)
                                • Stock Market Mike: Oh, nope. A tweet caused the spike.
                                  11/5/13
                                • Sirvasq: Bloomberg confirmed KKR been acquiring 5% stake and seeks private LBO with management and/or Einhorn. It's linked on SA.
                                  11/5/13