***Official*** 2011 Stock Market Thread

[Imp]

happens all the time with pumped up stocks. Pump it up the week of earnings and sell right after. After hours action are not good indicators of future results. Same thing happens to AAPL before when it reported that imacs or ipads or i-something didn't sell as well as analyst expectations and while at the same time blowing out earnings again.

Just give it a week.

Trailing P/E is 81-ish as of closing. Afterhours is down 10%.

Afterhours is usually hit and miss except for blowouts I've found. I'd say 10% is a blowout. Increased subscription prices sounds like a growth inhibitor, and the P/E has a lot of growth priced in. Who knows? It may recover after a week.

 

[sunzt]

Has anyone done Bull Put (aka Short Put) credit spreads? I've been thinking of implementing some of those for income. Seems like you can get 10% monthly without much risk.

 

[Arachnotronic]

Anybody playing THQI for earnings after-market Wednesday?

 

[ajikan]

Any news on RMBS?

 

[Noirish]

anyone playing the BIDU earning game aftermarket tonight?

I did say back in feb that this is going to > $200 ($130 back then).

 

[Pliablemoose]

In for GMCR, earnings tomorrow.

 

[richardycc]

In for GMCR, earnings tomorrow.

ballsy! buy some puts, don't be too greedy!

sold my AAPL and BIDU yesterday...I can tell my grand kids that I once held and sold AAPL at over $400/share.

any gonna play DNKN IPO?

 

[Acanthus]

Invest in companies that make cheap processed food.

Poverty will rise significantly in the next 18 months when these austerity measures hit.

 

[zimu]

ballsy! buy some puts, don't be too greedy!

sold my AAPL and BIDU yesterday...I can tell my grand kids that I once held and sold AAPL at over $400/share.

any gonna play DNKN IPO?

why'd you quit apple? you think that's the top of their game right now?

 

[Imp]

Invest in companies that make cheap processed food.

Poverty will rise significantly in the next 18 months when these austerity measures hit.

Who woulda thought that KO (Coca Cola) and MCD (McDonalds) would be the most recession-proof companies...

 

[JS80]

Invest in companies that make cheap processed food.

Poverty will rise significantly in the next 18 months when these austerity measures hit.

lol

 

[richardycc]

why'd you quit apple? you think that's the top of their game right now?

not quitting anything, just a trader trying to make some quick bucks during this up and down market.

 

[Imp]

Bah, now 2/3 in cash. And everyone I'm holding is Canadian, just to take reduce that risk by 1/1000000.

 

[richardycc]

bought some GMCR calls and puts...bring it on...

 

[manlymatt83]

In for GMCR, earnings tomorrow.

Still in?

 

[manlymatt83]

bought some GMCR calls and puts...bring it on...

Premiums on those are ridiculous. What's your plan?

 

[manlymatt83]

Mad I sold my QQQ puts yesterday. They are up 100% today. Wow

 

[richardycc]

Premiums on those are ridiculous. What's your plan?

I am expecting a $10+ move either way...we will see in a few hrs.

 

[manlymatt83]

I am expecting a $10+ move either way...we will see in a few hrs.

Thinking up or down?

 

[richardycc]

Thinking up or down?

up, way up!

 

[manlymatt83]

up, way up!

I bought two calls at 3:54 for shits and giggles. Maybe it'll work out. Honestly, felt like taking a small gamble.

 

[manlymatt83]

I bought two calls at 3:54 for shits and giggles. Maybe it'll work out. Honestly, felt like taking a small gamble.

holy cow: After Hours: 104.20 +16.09 (18.26%)

If even half of that holds up overnight... I'll be a happy man tomorrow.

 

[Pliablemoose]

Still in?

1000 shares

Woot!!!!!

richardycc, I owe you a six pack...

 

[manlymatt83]

1000 shares

Woot!!!!!

richardycc, I owe you a six pack...

And I owe you a beer I guess technically I have control of 200 shares at $92.50. Hopefully, it'll open above that tomorrow.... think?

 

[Pliablemoose]

I think, barring a nuke going off in NYC, that's a safe bet.