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maximumvalues

maximumvalues
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  • Tesla: The One Major Item That Concerns Me [View article]
    Agree, last week they had someone touting a $430 price target. This is a small company and the market value is so out of whack. They just do this and laugh at the shorts until the cookie crumbles. I've been in and out of the puts. Make a little each time. However, one time this may just get a serious correction. All this pumping will simply stop working one day. The key is to find the day it happens.

    Good luck trading. I bought TSLA puts $240 SEP at $263.40. See what happens this coming week.
    Aug 16 11:45 AM | Likes Like |Link to Comment
  • Update: The Fire Phone Flops Like A Dying Fish [View article]
    Well ... Another loser quarter... 5 in a row and unlike many other gap downs, AMZN retraces some of the gap. It looks like it will head to 61.8% retrace of gap at $338... very surprising. Hindsight is always 20/20.

    See what happens when/if it hits $338 which looks very likely.
    Aug 14 07:26 PM | Likes Like |Link to Comment
  • Tesla: The One Major Item That Concerns Me [View article]
    MONTHLY options expire this week and this will lead to sell pressure as we saw present today. TSLA is simply ahead of itself in price action and must be parked lower so options writers don't lose their shirts. AMZN had to be pushed higher for the same reason. I say it has 2 down days into OPEX expiry. See what happens.
    Aug 13 05:23 PM | Likes Like |Link to Comment
  • Tesla: The One Major Item That Concerns Me [View article]
    If you can read a chart ... you would not be writing this a day later. Today's price action is a topping candle. Price should now be contained below $263.60 ... I'm short.
    Aug 13 04:28 PM | Likes Like |Link to Comment
  • Tesla: The One Major Item That Concerns Me [View article]
    HOPEFULLY nobody got sucked in buying this from any bullish article on SA ... Today's topping candle price action is a strong sell signal.

    I'm now short again $263.40 ... I'd say any price action tomorrow that stays below $263.60 should be a good entry short.

    Good luck trading.
    Aug 13 04:22 PM | Likes Like |Link to Comment
  • Tesla: The One Major Item That Concerns Me [View article]
    I TOOK short at $263.40 and my analysis of price action and the daily topping candle and the very overbought condition of this stock should contain price below $263.60 as a signal to stay in the puts.

    SEP PUTS >>> TSLA ... bought at $263.40 today based on 5min chart price action in anticipation of a close below $261.44 and a topping candle. Looks good so far.

    Good luck trading.
    Aug 13 04:19 PM | Likes Like |Link to Comment
  • Tesla - Free Valuation Model, Notes On Guaranteed Buybacks [View article]
    AGREE ... bought some puts at $263.40 looking for a topping candle and we got just that. Price action tomorrow should be contained below $263.60. So long as the price is contained below $263.60 I feel strongly that price should fall for the next week at minimum at which time a position should be evaluated for a target price to exit.

    Good luck trading!
    Aug 13 04:14 PM | Likes Like |Link to Comment
  • Tesla - Free Valuation Model, Notes On Guaranteed Buybacks [View article]
    I took SHORT TSLA today at $263.40 in PUTS looking for a close below $261.44 during the day ... got just that . TOPPING candle on the daily. Price well above front month OPEX pain... selling pressure visible in today's tape.

    SEPT $240 PUTS .... TSLA .. good luck trading!
    Aug 13 04:12 PM | Likes Like |Link to Comment
  • Tesla: The One Major Item That Concerns Me [View article]
    I'm looking for another entry on some PUTS tomorrow for TSLA. My targeted sell signal is a failure to trade above $261.44 outside of the first 30mins of the trading day. Good luck trading!
    Aug 12 06:06 PM | Likes Like |Link to Comment
  • Tesla: Poised To Miss Overly Sanguine Guidance [View article]
    I'd like to note that TSLA fell close to my target and I'm out of this position as of Friday($248) and look to re-enter TSLA puts on a hit of $261.44 or lower for a high tomorrow. Will monitor the 5min chart for a sell signal. One must have a quick trigger finger when trading PUTS that expire inside of 7 trading days. Will be quick with this next entry/exit too. Longer term I'm bearish on this stock. Short term it seems Mr. Market wishes to crush those short the shares.

    Good luck trading!
    Aug 12 06:05 PM | Likes Like |Link to Comment
  • Update: The Fire Phone Flops Like A Dying Fish [View article]
    Yep, I scaled out of the AMZN puts and should have just let them all go when the stock sold off to $305 ... timing is everything. Recover with this next month I'm thinking. Ridiculous how thin the trade is right now. See if the price can hold up on a volume trade day.

    MY buy point of $324.50 for these puts would have been better spent just shorting the shares. Oh well. LOOK AT FUN >.. im going to make out nicely with this one ... FUN has a tremendous yield but they are paying out the yield with debt lol. Another nutty stock is FUN.
    Aug 12 05:49 PM | Likes Like |Link to Comment
  • Why I'm Buying Amazon Despite Poor 2Q Report [View article]
    TODAY trade volume in AMZN was the lowest shares traded in a long time. This is the calm before the storm in my opinion. Hot AIR float up.
    Aug 12 04:14 PM | Likes Like |Link to Comment
  • Update: The Fire Phone Flops Like A Dying Fish [View article]
    AMZN stock is dead...

    I sold off this months puts for a small loss and vested the cash into next month. It has retraced to the 13sma on the Daily chart on pitiful volume. This is large block shareholders moving the price higher in hopes it attracts new buyers that they can unload on. It is not working. I'm not one to hold puts into expiry as that is a game played by those with deeper pockets than I. Thursday before the week of expiry, if my target is not hit, bail I do.

    today:
    AMZN ... 1.7M shares traded
    TSLA ... 5.9M shares traded

    Let me know if I'm wrong... I went back to FEB and can not find a day that has traded less shares than this. I'm sure there are swarms of buyers for AMZN at some price... but not at this price. Institutions are unwilling to accept that they must take less $$ to trim positions in AMZN and for that reason we see this hot air float up. I've seen this song and dance before. Once sellers start exiting with any kind of urgency... This stock will fall hard and fast.

    I'm short AMZN FUN DAVE LNKD ...
    covered my short TSLA on Friday at $248 for a small gain.

    Good luck trading!
    Aug 12 04:12 PM | Likes Like |Link to Comment
  • Nobody Does It Better Than Kimco, I Feel Sad For The Rest [View article]
    Good choice, same reason I'm short. They are only here still because of the dodgy play that BAC and ML made years ago when KIM could not make the payments to BAC so they helped them out through ML.
    Aug 11 04:31 PM | Likes Like |Link to Comment
  • Nobody Does It Better Than Kimco, I Feel Sad For The Rest [View article]
    IM SHORT KIMCO ... underperformer. And many who follow can remember when the market crashed and BAC / ML ran a bit of a douchebag play to bail out the company and BAC itself. KIM owed BAC and ML pitched the company so that BAC could get paid back by selling KIM equity to the tune of the amount they owed BAC ... win for BAC and win for KIM and lose for the buyers of this scam as the yield is crap on KIM for the risk you take.

    I'm short KIM DAVE LNKD AMZN FUN ... good luck trading!
    Aug 11 04:30 PM | 2 Likes Like |Link to Comment
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