The top 100 stock
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market authors
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Danny Devito on UNG interesting levels - be carefull! poor shareolders I meant.
Danny Devito on UNG interesting levels - be carefull! I really think those ETF will let you lose 99,9...
Danny Devito on UNG premium arbitrage, down to a minimum below 9% today, then up near 15,5% Hi Sorry, I'm taking a bit of holidays, because...
apirri on UNG premium arbitrage, down to a minimum below 9% today, then up near 15,5% Danny, What is going on with UNG?I am besides m...
Graham and Dodd Investor on RIMM, 2 days to destroy a bullish movement of 50 days. This reminds me of what happened in (October!) ...
Danny Devito on China index: always an eye on it, only from here the panic selling can begin Thank you.
Graham and Dodd Investor on China index: always an eye on it, only from here the panic selling can begin First China, then the U.S. "Forewarned is ...
Danny Devito on S&p500 short ideas: 3 little indians bearish pattern I wanted to comment you better, but I'm quite n...
DFF on S&p500 short ideas: 3 little indians bearish pattern Well, with 12 out of the 30 DOW components (bel...
Danny Devito on S&p500 short ideas: 3 little indians bearish pattern I still see higher the dollar. So in some econo...
Danny Devito on S&p500 short ideas: 3 little indians bearish pattern I'm agree with you, in few hours I will post th...
Danny Devito on S&p500 short ideas: 3 little indians bearish pattern Agree (:-)))Let's hope in the indians.
palmazza on S&p500 short ideas: 3 little indians bearish pattern i completely agree with you, i've been noticing...
DFF on S&p500 short ideas: 3 little indians bearish pattern I agree with your tech analysis, BUT the S&...
Danny Devito on UNG arbitrage important rule reminder - by Matt H. Closed the arbitrage? anybody still into or clo...
I trade since I was 17 years old and I've over 15 years experience in trading as private trader and now as hedge fund manager, financial advisor and broker.
I'm interested in all trading strategies can give me inspiration and a positive return.
Usually I'm short term trader when the markets are in top cycle and I'm a buy/hold trader when the market are near to the bottom area and I can prognosticate a bullish market that usually has a 2/3 years lenght.
I usually like stocks with low PEs below 15 and I don't invest in stocks with high debt, so fundamentals are a way to filter stocks, and this doesn't mean as people thing to eliminate the best and volatile stocks. Take a look for example to PBR what did since the low in 2008/2009.
And it was a quality stocks by fundamentals.
I did 5 calls in 2009:
1. CG Centerra Gold at 1.25 CAD per share. (+600% in few months)
I gave as target of 1 year average or over 300% increase.
2. GCE Grande Cache Coal at 0.65 CAD per share. (+650% in few months)
I gave as target of 1 year average or over 300% increase.
proof can be found in hotstockmarket forum.
3. UNG long (with use of options, I closed this strategy with a loss of 3/4% maximum).
4. UNG/USO spread (closed 2nd september 2009 in loss of 20%, this bet could be maximum a 10% of a speculative portfolio, so a loss of 2% of portfolio).
5. Arbitrage UNG with natural gas future NG. Sold at 15% and 20% the premium going short of UNG and long October futures.with an average around 16/17% i closed my arbitrage in a first drop friday 11 semptember 2009 at 9%, with a gain of around 5/6% of my capitals. In the same day the premium rebounded to 15% and I sold in average around 13% or something more and the monday a news about UNG issuing again new share sent in panic UNG holders and the the premium made a drop to 5% only. I made another 5% profit only because I entered again in the premium just with 50% of my previous aggressive position.
I think to this trade to have done over a 9/10% profit in less of a month trading with this strategy. Update: the premium 28 september went so low till 1,2% so we can consider
the August opportunity as a "bargain" that hardly we will in our life another time. But let's hope.
I was the first guy to write about this opportunity in Seeking Alpha and the second in the worldwide web after this guy was short 1 day before me, at least decleared on web, for sure a lot of arbitragists found this opportunity even days and day before. But..everybody in silence, better to speaks about ideas.
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=245824&t=02009005112621729295
Proofs in Seeking Alpha.
6. November 4 2009. I bought GU, Gushan Environmental Energy, at 1.35 USD per share.
Target abobe 3.25 USD and I will give an exact target after the bottom will be formed.
The reason is fundamentals. Read the transcript in Seeking alpha.
Is a long term play (2/3 years), 1% of portfolio.
7. I bought RIMM at 58.08 for the long term, 2/3 years investment, 1% of portfolio.
Actually I'm 2% long stocks, and 98% cash. A part some arbitrage/spread not risky.
to contact me for urgent matters and/or jobs,
but most important to share ideas of value investiments, please please please
email to worldtrading@gmail.com
Danny Devito's Blog