Stocks and Trading Thread - Channeling your inner Mono

[OttoVonBismarck]

Recent investments:

StatOil ADR (STO) @ $25.76 (currently @$26.98)
Kellogg's (K) @$51.02 (currently @$53.31)

[Ed Anger]

FUCKING WALLY WORLD.



SELL!

[Richard Hakluyt]

Damn it Ed, where is the screaming face shouting FFFFUUUUCCCCKKKK that you normally post when the markets are tanking?

I find that it cheers me up in dark times 

[Alcibiades]

[Ed Anger]

Damn it Ed, where is the screaming face shouting FFFFUUUUCCCCKKKK that you normally post when the markets are tanking?

I find that it cheers me up in dark times 

[Ed Anger]

I locked in my profits on wally world. It does down some more, I'll buy again.

[Richard Hakluyt]

TY Ed, much appreciated 

[MadImmortalMan]

http://www.thestreet.com/story/11513200/1/fair-market-value-update.html


tldr: Doug Kass says the fair market value of the S&P is 1485. He also tweeted we'd close green today. As for me, I have a bear call spread on at 141/140 SPY, expires Friday. I bought PG after the drop the other day to have something in there. Doug has 8 minutes for his green close to kick in...


Edit: Red close, you lose Dougie.

[MadImmortalMan]

Facebook IPO: May 18th

[MadImmortalMan]

I was thinking of shorting Green Mountain on Monday after my successful play on Apple's earnings. I didn't do it, and went for a more conservative trade instead. Now look at this, GMCR--down 40% after hours. Trading halted. 

I wish I would trust my gut more. Last summer shook my confidence.

[DGuller]

I was thinking of shorting Green Mountain on Monday after my successful play on Apple's earnings. I didn't do it, and went for a more conservative trade instead. Now look at this, GMCR--down 40% after hours. Trading halted. 

I wish I would trust my gut more. Last summer shook my confidence.

What happened?  Did scientists discover that the plastic from K-cups causes cancer?  Green Mountain was one of my missed investing opportunities many years ago, when I noticed how ubiquitous Keurig coffee-makers becomes.

[Ed Anger]

I think Starbucks is moving into the overpriced single cup of coffee maker at home space.

[DGuller]

I think Starbucks is moving into the overpriced single cup of coffee maker at home space.

Didn't Starbucks renew their contract with GMC?

[Ed Anger]

No idea. I only remember business news when Jim Cramer plays funny sound effects.

[Tamas]

I haven't taken the time to properly decipher the stuff here:
http://www.nxcoreapi.com/aqck/3271.html

but it is still interesting - if you want to seek evidence/pattern of high frequency algo trading in today's market, you need to analyze 25 milliseconds charts or less. Fascinating, and scary.