well time for me to leave work, maybe see you guys when i get home. go siri!!
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well time for me to leave work, maybe see you guys when i get home. go siri!!
So, SIRI underperforming LMCA pretty big today. At some point they should close the gap. Either SIRI up or LMCA down......
But, SIRI will be at some point soon. And Liberty wants that so they will push that.
Your strategy is good and a bit more conservative with the MACD turn. Stress level is arguable if you are all out either way, FOMO or safety. At some point I will slow my roll on the trades but the swings here from 3.08 to 3.25 and back are lots of missed ops. So, if you sold high and bought low and so on then its all good. And, as you have done, sold at 3.17 waiting the MACD to give you a signal, its all good too. You may not hit the low on the buy but you are protecting your gains.
EDIT: After a few hard lessons over the last couple of years and missed opportunities I have decided to not try and call the bottom. It has worked for me since the breakout from 1.80ish.
EDIT2: And probably for most who have held a core position as the stock has been relentless since.
sold most of my green stocks, correcting as we speak......
I'm...I see s solid mid term channel between 3.14 - 3.40. My next to do is learning how to post a chart here
Yeah I had full intentions of playing the first 3.10 bounce but my impatience left me stuck in something else.
Your point on Liberty pushing for the buying is a good one, I'll keep that in mind, in fact I'm surprised they didn't start at least a little buying so that makes me think they are expecting lower prices? Or I guess it could be argued that they are letting friends/funds get in here around 3.14 before pushing it higher through the buyback.
Dare I say......... a little come back
http://www.youtube.com/watch?v=HqwzTkb8j9I
The options pricing has been bothering me for a while now. There are 2.50's sitting there and low $3's with considerable open interest.
I see the most is in calls around 3.23 but I have been burnt by shorts loading up calls to make it look like the stock will take off when in fact it was a fakeout / hedge.
Anyway, point being, the low $3 options and even $2.50 puts sitting there have been weighing in my mind. (which then has made me think about the convertibles and how they might affect the stock "quickly")
All good points IMR24. I play things a bit more short term EDIT - for buys and sells - but looking at things a bit further than a week or so is also very important. A close above 3.15 should make things interesting.
EDIT: Probably due to the fact that I will not unload my core, at least not yet. So, any pullback is a buying op for me.
I think it was limit 5 bass or siriusly nvested that pointed out FSLR, which I did buy a bit of. It Has had a great week or two since, especially today. Thanks for the tip
Here comes the pop....
2.5mn on the ask went through at 3.16. When we popped up from 3.14/3.15 we had a 1.5 mn ish on the ask as well at 3.15. Hope we get the same result here soon.
EDIT2: WOW, while typing it went the other way:mad:
EDIT3: Good feeling gone......for now:annoyed:
There goes another one. Someone is buying big blocks today. They are showing up as "normal" trades on the ask.
Same kind of action when Liberty was picking up blocks. Collared for them by the MM.
FYI....the GC on ONVO hit.
HUGE late volume RAD.....sweet fkg action!!!!........SIRI go BOOM....:clap:
@IMR24
You might want to check that MACD. It pulled up pretty quick with that late day rally....getting close. Damn, RC may have been right after all. We'll see in the next few days if 3.20 becomes the new floor.