22thoroughbred

How E*Trade Is Trying to Survive in the TARP Era

I bought (so far) 100 of the Jan $2.50 calls for Jan 2011..I will also buy some $5 strikes once the bond deal is done, for about .30, than I have just over 18 months for the company and the sector to resolve their issues, than if it is a 5 bagger, and does go to $7 my $2.50 calls will go from .50 to $5.00...good luck

Analysts Will Soon Upgrade E-Trade

I bought 1000 Jan 2011 calls strike price $5 and paid .25 may buy some $2.50 if I can get em for less than .50

7 Small Cap Stock Briefs

Elle, here is how it works, say you are given stock options to buy stock at $1....10,000 shares, if the stock did a reverse split of say 1-20 than you would have stock options with a strike price 20x the original or $20 and the number of shares would be 1/20th or 500 you can still buy $10,000 worth of stock, just different denominations. The same thing is done with normal options that anyone can buy as well...hope this clarifies.

7 Small Cap Stock Briefs

Elle-7...if the stock does a reverse split than any outstanding options have strike price adjusted for split as well....

Shorting E*Trade Just to Keep the Price from Going Up?

Last week I bought 250 of the ETFC Jan 2011 calls strike $5 (OYNAA) for .40 each, cost $10k plus comm. If the stock goes to $7.50 anytime in the next 18 months there worth $3-$4 each or $75k-$100k I did the same with GE and BAC in Jan. The Jan 2011 $10's for BAC and the $10's and $12.50 for GE...have already made 2-4 times the investment and I have 18 months left....think longer term with stocks like this. BTW, did ODP as well, and all these trades are posted here when I did them, so not past posting.

Are Oil ETFs Showing Us How Natural Gas ETFs Will Trade?

What symbol is used for the canadian nat gas ETF, I am unable to find, OR exact name?

thanks

Shorting E*Trade Just to Keep the Price from Going Up?

Advill, what you say is not probable, majority shareholders must file 144 paperwork whenever they buy or sell, and the volume is too high to be avg. shareholders, so it can only be hedge funds who own less than 4.9% and want to hedge or minimize risk when convertible bond deal is done.

Shorting E*Trade Just to Keep the Price from Going Up?

I think Hirendu makes a good point, while the market was strong there were big short posns. taken, what probably happened was hedge funds sold short and used the shares they get from the secondary to cover, if the secondary is done below market price (as many have been) you have free profit. With the secondary done the pressure of the shorts dissipates and the stock can go up.

Shouldn't the Natural Gas Commodity ETF Catch Up to Its Company Cousin?

While I appreciate your theory, what is your conclusion and why?

11 Low PE Stocks with High Earnings Growth Rates

Paul, obscure is good, unless you want to just buy the top 20 in the S&P 500 and be a sheep...what advantage is there in buying a stock that everyone already owns and all mutual funds already own, there's no upside there, I have been investing since I was around 15, I am now 48 and have made the most money buying "obscure" companies than selling them when everyone else discovers them, I would rather have a 10 bagger than make 7-10%, but that's just me.

California's Economy: Disaster Developing

what all politicians of both parties do today is appalling and bordering on illegal. They all lie, take what they can get for themselves and move on to a new career taking money from the replacements, all at the expense of the citizens who live here and can't do anything about it. We can thank in large part all the unions who are being "paid" for their support, it will be financially disaster very soon, and each party will blame the other and claim to have a solution, I am 48 years old and have been watching in horror for 20 years, both here and in national politics. But it won't stop.

GM Reverse Split Creates Problems for Dow Jones

Cyber Squalker, WTF are you whining about, who cares if the stock is $10 or $100, if you have $1000 to invest you can buy 10 shares instead of 100, you still invest $1000, nobody cares if the "common investor" can buy a round lot or an odd lot that's the stupidest comment I think I have ever read.

What Shorts Were Doing Ahead of GE's Announcement

They didn't fire Dylan Ratigan, his contract expired and he decided to go, will be at ABC in 6 months when the non-compete expires. About 3-4 months ago I bought some Jan 2010 $10 calls and some Jan 2011 $12.50 calls, so far a triple in the Jan 2010 and a double in the Jan 2011...IF (big IF) the stock goes back to $20 in 9-20 months huge gain with minimal downside

Office Depot's Significant Gains: More to Come

BTW....Look at SWHC for the same strategy....the call premium on short term calls is way too high

Office Depot's Significant Gains: More to Come

I appreciate what you say as far as fines, bait & switch, etc. BUT it would take 9-12 months before any "investigation" yields anything, by then, i'm out, as i'm sure the author is as well....not a 3-5 year hold by any means


On Apr 19 02:47 PM brantII wrote:

> As an industry veteran in office products, I could not disagree more
> with the writer's assessment of Depot. If he had done his homework
> he would have realized that OD is currently under investigation for
> "bait and switch" practices and has already agreed to pay a few hundred
> thousand dollars to the City of Berkeley in California for over-charges.
> Many states including California (Refund of 2.4M) Florida, Missouri,
> and North Carolina have investigated Depot and a few including N.C.
> and Georgia have either not allowed them to bid again or have stated
> publicly that they will no longer buy from them. After the City of
> Berkeley was promised payment school districts and municipalities
> across the U.S. have initiated their own investigations with the
> hope of recovering significant amounts of cash. Most of these folks
> use the same or similar contract to the "US Communities L.A. County
> Agreement" based in California. The size of this contract in yearly
> spend is somewhere between 500M and 700M dollars. If "errors" have
> been occurring for years within this contract (which they have) I
> would not bet a dime on Depot's future and Jared Schneider's recommendation
> like so many from the analyst community could end up costing investors
> millions.