Tedamerica's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/188264/comments http://seekingalpha.com/article/130568/comments?source=feed#comment-460382 460382
Meredith Whitney did not say avoid bank equities at all costs. In fact she said due to the mark to model accounting rules (not the mark to market) that you should not have any short position in banks until after they report earnings. She went onto say that banks may be stronger and report better earnings then they are expected to. Case in point is Wells Fargo; I expect most banks GS, C and JPM will all break their earnings expectations.

What always amazes me about Seeking Alpha is these people submit their opinion to further their agenda. Simply amazing!]]> Sun, 12 Apr 2009 09:50:28 -0400
Meredith Whitney did not say avoid bank equities at all costs. In fact she said due to the mark to model accounting rules (not the mark to market) that you should not have any short position in banks until after they report earnings. She went onto say that banks may be stronger and report better earnings then they are expected to. Case in point is Wells Fargo; I expect most banks GS, C and JPM will all break their earnings expectations.

What always amazes me about Seeking Alpha is these people submit their opinion to further their agenda. Simply amazing!]]> http://seekingalpha.com/article/120669/comments?source=feed#comment-390052 390052 Mon, 16 Feb 2009 01:05:31 -0500 http://seekingalpha.com/article/92232/comments?source=feed#comment-236762 236762 Fri, 22 Aug 2008 15:55:01 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-165290 165290
I am 1400 shares long, can I join the blog?]]> Fri, 09 May 2008 22:42:34 -0400
I am 1400 shares long, can I join the blog?]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-165155 165155
I take a road trip, whip out my laptop and I guess I could have expected this.

I say: SELL SELL SELL!

So I can buy more!

To those that went long on Visa, don't go emo. Don't listen to the neg vibes on this board from some people that want to knock Visa. Geez, go look at ANY chart of any good stock and you are going to see pullbacks.

I predicted this volatility a couple of days as more and more people ring the register. But the smart is either watching or holding. Once this drop levels off and it will level off they are going to pile back in sooner rather than later.

Again, don't let the neg vibes from some people on this board cause you to lose money on this great investment opportunity.

I have to get back on the road and you all be good until I get back. ]]> Fri, 09 May 2008 17:07:44 -0400
I take a road trip, whip out my laptop and I guess I could have expected this.

I say: SELL SELL SELL!

So I can buy more!

To those that went long on Visa, don't go emo. Don't listen to the neg vibes on this board from some people that want to knock Visa. Geez, go look at ANY chart of any good stock and you are going to see pullbacks.

I predicted this volatility a couple of days as more and more people ring the register. But the smart is either watching or holding. Once this drop levels off and it will level off they are going to pile back in sooner rather than later.

Again, don't let the neg vibes from some people on this board cause you to lose money on this great investment opportunity.

I have to get back on the road and you all be good until I get back. ]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164892 164892 Fri, 09 May 2008 12:00:35 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164869 164869 Fri, 09 May 2008 11:35:23 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164841 164841 Fri, 09 May 2008 11:04:58 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164839 164839
It's even much more complicated than that. I would say it's less risky than Margin trading. With margin it's really just a loan you pay interest on. You still own the stock. The problem with Margin is you buy a stock "thinking" it is going to go up. Well it goes down and you still pay on your loan and your investment goes down. So, now you lose doubly. I guess Margin would be alright if you want to get in on a stock at its' current price and have some way to pay your margin off.

Of course the best way to do this is simply use your own money and buy a stock at a decent price and just forget it.

So, I really hope you all take something from this. Especially those of you thinking about getting into buying options. Oh, this doesn't even take into account the "nail biting stress" you endure either. ]]> Fri, 09 May 2008 11:03:54 -0400
It's even much more complicated than that. I would say it's less risky than Margin trading. With margin it's really just a loan you pay interest on. You still own the stock. The problem with Margin is you buy a stock "thinking" it is going to go up. Well it goes down and you still pay on your loan and your investment goes down. So, now you lose doubly. I guess Margin would be alright if you want to get in on a stock at its' current price and have some way to pay your margin off.

Of course the best way to do this is simply use your own money and buy a stock at a decent price and just forget it.

So, I really hope you all take something from this. Especially those of you thinking about getting into buying options. Oh, this doesn't even take into account the "nail biting stress" you endure either. ]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164800 164800 Fri, 09 May 2008 10:33:41 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164775 164775 Fri, 09 May 2008 10:05:28 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164767 164767 Fri, 09 May 2008 09:58:01 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164578 164578
But hey, that's just me.

Looking forward to joining all you long guys tomorrow.

Ted]]> Thu, 08 May 2008 23:42:27 -0400
But hey, that's just me.

Looking forward to joining all you long guys tomorrow.

Ted]]> http://seekingalpha.com/article/76312/comments?source=feed#comment-164562 164562
I also am going to check out your website.

Thanks]]> Thu, 08 May 2008 22:30:07 -0400
I also am going to check out your website.

Thanks]]> http://seekingalpha.com/article/76312/comments?source=feed#comment-164561 164561
What if Visa bounces over $90 today or Monday? Dont you think that will put me back near my money?

Ted]]> Thu, 08 May 2008 22:29:24 -0400
What if Visa bounces over $90 today or Monday? Dont you think that will put me back near my money?

Ted]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164558 164558 Thu, 08 May 2008 22:19:50 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164557 164557 Thu, 08 May 2008 22:19:33 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164555 164555 Thu, 08 May 2008 22:15:44 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164554 164554 Thu, 08 May 2008 22:15:12 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164551 164551 Thu, 08 May 2008 22:07:17 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164550 164550 Thu, 08 May 2008 22:06:44 -0400 http://seekingalpha.com/article/74830/comments?source=feed#comment-164525 164525
.56 cents, yep, Scottrade says 56 cents now too. But - there is still two weeks to go to the 23rd of May. If it hits 90 next week I should be alright, dont you think?]]> Thu, 08 May 2008 21:08:23 -0400
.56 cents, yep, Scottrade says 56 cents now too. But - there is still two weeks to go to the 23rd of May. If it hits 90 next week I should be alright, dont you think?]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164524 164524
This is Visa! (This is Sparta!)

I will make my Strike Price!]]> Thu, 08 May 2008 21:07:13 -0400
This is Visa! (This is Sparta!)

I will make my Strike Price!]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164519 164519
Thanks for your reply. I think I needed to hear that. I guess I am just concerned that it wont reach the strike price or come up enough because of the theta. Then again I guess it could come roaring back.

Ya, I'll take that approach. -wait and see-]]> Thu, 08 May 2008 21:02:08 -0400
Thanks for your reply. I think I needed to hear that. I guess I am just concerned that it wont reach the strike price or come up enough because of the theta. Then again I guess it could come roaring back.

Ya, I'll take that approach. -wait and see-]]> http://seekingalpha.com/article/76312/comments?source=feed#comment-164497 164497
I need help. I took a quick course on options trading and thought I knew everything. I took a 200 contracts on Visa at a strike price of $95 at 1.10. At end of Day it was .56.

I am new to options and this is too maddening for me.

Any advice?]]> Thu, 08 May 2008 20:04:38 -0400
I need help. I took a quick course on options trading and thought I knew everything. I took a 200 contracts on Visa at a strike price of $95 at 1.10. At end of Day it was .56.

I am new to options and this is too maddening for me.

Any advice?]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164491 164491
But I really don't know who else to turn to at this point.

Thanks in advance for understanding. ]]> Thu, 08 May 2008 19:36:33 -0400
But I really don't know who else to turn to at this point.

Thanks in advance for understanding. ]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164489 164489
You might not believe but I have never traded options before...well that is until today.

Let those that have ears to hear....

Contrary to the good advice here on the board I think there is easy money to be made. Being 90% invested I borrow the money to do an options call on two of my favorite stocks...

One being Visa I bought 200 contracts at 1.10 per contract at a strike price of $95. At close of market the options price on this contract was .60. Now I lost approximately 10k. Unlike stocks there are many complicated factors (I dont understand all of them fully). But one I do understand is Theta which means that the closer I get to the expiration date the less the value. The contract is not contingent strictly on the stock price.

Also I did another call on Best Buy June contract of $45 call and bought it (when I thought it bottomed) at 1.35 and 100 contracts.

I feel that options trading are frowned on by many on this board and for very good reason. THOSE EVEN THINKING OF GETTING INTO IT I STRONGLY ADVISE YOU TO RECONSIDER. Maybe I will be alright and maybe I won't. At any rate it's pretty maddening as you get closer to that expiration date.

Now, I brought this up here for a couple of reasons. 1 - sharing this with someone that understands makes me feel better.

2- Any advice what I should do now?

Again, I in know way intend this post to advocate options trading I just want some advice from someone that might be able to help me? Should I just sell it before the contract date and recoup my losses or hold on for the strike price?

I tell you if I get my money back I am d-o-n-e.]]> Thu, 08 May 2008 19:32:37 -0400
You might not believe but I have never traded options before...well that is until today.

Let those that have ears to hear....

Contrary to the good advice here on the board I think there is easy money to be made. Being 90% invested I borrow the money to do an options call on two of my favorite stocks...

One being Visa I bought 200 contracts at 1.10 per contract at a strike price of $95. At close of market the options price on this contract was .60. Now I lost approximately 10k. Unlike stocks there are many complicated factors (I dont understand all of them fully). But one I do understand is Theta which means that the closer I get to the expiration date the less the value. The contract is not contingent strictly on the stock price.

Also I did another call on Best Buy June contract of $45 call and bought it (when I thought it bottomed) at 1.35 and 100 contracts.

I feel that options trading are frowned on by many on this board and for very good reason. THOSE EVEN THINKING OF GETTING INTO IT I STRONGLY ADVISE YOU TO RECONSIDER. Maybe I will be alright and maybe I won't. At any rate it's pretty maddening as you get closer to that expiration date.

Now, I brought this up here for a couple of reasons. 1 - sharing this with someone that understands makes me feel better.

2- Any advice what I should do now?

Again, I in know way intend this post to advocate options trading I just want some advice from someone that might be able to help me? Should I just sell it before the contract date and recoup my losses or hold on for the strike price?

I tell you if I get my money back I am d-o-n-e.]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164439 164439
Right on and good information!! Thanks for the great post! In essence does anyone think the stock will just go straight up? Na, of course not, we are all smarter than that. It just feels so good on the days it does go straight up we just want it to continue....I am pretty happy with the pull back actually. ]]> Thu, 08 May 2008 18:02:06 -0400
Right on and good information!! Thanks for the great post! In essence does anyone think the stock will just go straight up? Na, of course not, we are all smarter than that. It just feels so good on the days it does go straight up we just want it to continue....I am pretty happy with the pull back actually. ]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164419 164419
According to the Nilson Report, about 63% of the credit cards in the world carry the Visa brand, compared with 31% for MasterCard logo. In 2006, Visa processed 44 billion transactions, or 45% more than the number processed by its three biggest competitors combined -- MasterCard, American Express and Discover.

You can read the whole article here:

articles.moneycentral....]]> Thu, 08 May 2008 17:31:31 -0400
According to the Nilson Report, about 63% of the credit cards in the world carry the Visa brand, compared with 31% for MasterCard logo. In 2006, Visa processed 44 billion transactions, or 45% more than the number processed by its three biggest competitors combined -- MasterCard, American Express and Discover.

You can read the whole article here:

articles.moneycentral....]]> http://seekingalpha.com/article/74830/comments?source=feed#comment-164388 164388
Glad you are back - whew - Some good encouraging words!]]> Thu, 08 May 2008 16:52:07 -0400
Glad you are back - whew - Some good encouraging words!]]>