Domingo Halliburton
Handmade in USA
GRPN now up 25% today
Sold some $10 Jan calls today... good luck chumps
GRPN is such a piece of shyt I may join you
Boiler Room: The Official Stock Market Discussion
GRPN is such a piece of shyt I may join you
They beat estimates, but guided down for Q4 and this is how people react
It's overbought now... that shyt might move a little further over the next month, but it's going back down.
If it doesn't, I'll still make money.
Domingo Halliburton
Handmade in USA
I've told people before to check out reddit.com/r/investing and check out the side bar on the right. It has a whole bunch of resources to get started.
investopedia is great too though
- Joined
- Apr 30, 2012
- Messages
- 42,422
- Reputation
- 3,715
- Daps
- 152,128
- Reppin
- black love, unity, and music
fukk GRPN. that shyt fell like 30% last month. Lost alot of money on that dogGRPN up 20% today
I told ya 3 months ago, mayne.
Dropped into the 5s after last earnings. Remained in flux, trading between high 5s and low 7s for the past 3 months.
Day trading, swing trading. . . whatever you're doing... it's not easy. Gotta have patience. You'd probably be up if you just waited 3 months. Or since you bought at $7, you probably just could have been patient after last earnings when GRPN was overbought, then scooped up cheap Nov $7 calls when it tanked the next day into the $5s.
Even though they guided down Q4, analysts seem bullish now. Huge volume Friday. Overbought again, but the MACD is looking on the verge of bullish too.
Might be headed back up a few dollars... until next earnings.
Let me help some brehs out when thinking about investing in Chinese stocks... I'm always afraid to jump in, then kick myself when I've missed out... but I've tracked a bunch of stocks over the past year and have seen where they are at at various points throughout the year to see if any would have been a wise investment (day trading is another story). From when I started tracking about a year ago, here's what your returns would have looked like if you bought and held.
CNET 180%
SCOK 146%
CJJD 107%
GAME 61%
ACH 23%
RENN 14%
CPGI -8%
CHNR -19%
CADC -20%
YOKU -38%
CHLN -44%
CGA -46%
SINA -49%
CEAI -59%
CREG -67%
CALI -70%
CBEH -90%
GPRC -95%
Granted, there are other more reputable Chinese companies out there, but I found out about many of these companies from Capital One Sharebuilder Stock Screener under "Basement Bargains" trading at good "value".
CNET 180%
SCOK 146%
CJJD 107%
GAME 61%
ACH 23%
RENN 14%
CPGI -8%
CHNR -19%
CADC -20%
YOKU -38%
CHLN -44%
CGA -46%
SINA -49%
CEAI -59%
CREG -67%
CALI -70%
CBEH -90%
GPRC -95%
Granted, there are other more reputable Chinese companies out there, but I found out about many of these companies from Capital One Sharebuilder Stock Screener under "Basement Bargains" trading at good "value".
@Asantehene Speaking of energy co's earnings. yawll nikkas up on EOX? I'm in at 3, lookin for around 5. Releasing some presumably great earnings Monday after the close.Pps has plummeted HEAVY and 3 is very near the bottom (52 low at 2.96, was around 9 this fall).
http://finance.yahoo.com/news/emerald-oil-inc-hosting-third-203000853.html
http://finance.yahoo.com/news/emerald-oil-inc-hosting-third-203000853.html
JahFocus CS
Get It How You Get It
Let me help some brehs out when thinking about investing in Chinese stocks... I'm always afraid to jump in, then kick myself when I've missed out... but I've tracked a bunch of stocks over the past year and have seen where they are at at various points throughout the year to see if any would have been a wise investment (day trading is another story). From when I started tracking about a year ago, here's what your returns would have looked like if you bought and held.
CNET 180%
SCOK 146%
CJJD 107%
GAME 61%
ACH 23%
RENN 14%
CPGI -8%
CHNR -19%
CADC -20%
YOKU -38%
CHLN -44%
CGA -46%
SINA -49%
CEAI -59%
CREG -67%
CALI -70%
CBEH -90%
GPRC -95%
Granted, there are other more reputable Chinese companies out there, but I found out about many of these companies from Capital One Sharebuilder Stock Screener under "Basement Bargains" trading at good "value".
I'm very skeptical of Chinese stocks and probably won't jump in myself unless it is a real top-flight company. Those are some gargantuan losses though
goddamn
roxxthe96er
Emcee
Take a class, I took one in HS
Domingo Halliburton
Handmade in USA
best and worst performing assets for October:
Hey how come the market is closed already? @Brooklynzson I think daylights savings didn't update on the market
Futuristic Eskimo
All Star
Perfect storm of macro fukkery for crude pricesOil
Futuristic Eskimo
All Star
The Dangerous Myth of Risk-Free Euro Debt
By Allison Schrager November 03, 2014
Photograph by Ville Mannikko/Bloomberg, Photo Illustration by Businessweek.com
Most people don’t need to be reminded that, just a few years ago, Europe teetered on the edge of a full-blown sovereign debt crisis that nearly destroyed the common currency. But apparently European financial regulators do. In the recent “stress tests”—the European Central Bank’s assessment of European banks’ ability to withstand another financial crisis—regulators made a curious choice: They assumed all European sovereign debt is risk-free.
That’s right: According to the ECB, there is zero chance that any of the European nations will ever default on their debt. Not Germany, not Spain, not Sweden, not Portugal. Markets quite clearly disagree with this assessment. The credit default swap rate—the price of debt default insurance—suggests that there are stark differences in the stability of sovereign debt. The higher the rate, the riskier the market thinks the debt is.
European economists Josef Korte and Sascha Steffen argue that deeming all sovereigns riskless causes distortions that make the system riskier. Banks end up holding more government debt, both from their own country and other European governments. As of now, about half of the debt European banks hold is from other European countries. That makes Korte and Steffen worry a sovereign default could spark a crisis that would infect the entire euro zone. Since many large banks in peripheral countries have more exposure today, it could be even worse than the last time.
Graphic: Euro Region Faces Deflation
Some observers speculate that European policymakers allow this because it encourages banks to hold more government debt. Assuming sovereign debt is risk-free keeps the market for it liquid and cheap for governments to borrow. Or perhaps, recent history aside, they really believe all euro debt is risk-free. Nicolas Véron, an expert on bank regulation at the Peterson Institute for International Economics, tells Reuters:
Sovereign risk no longer exists in the euro zone. There will never be a sovereign default after Greece, which was an exceptional case. Spreads have narrowed because the market consensus is that the next time a euro zone sovereign were to have a problem, governments will find a way of bailing out the sovereign. … On a 3-5 year horizon, that market consensus is very robust. The authorities are right to test banks’ sovereign debt holdings for market risk and not for country default risk.
The last euro crisis dragged on as long as it did in part because there was so little clarity around risk sharing. Markets didn’t know whether Germany was on the hook for Greece’s debt. It eventually got an unsatisfying answer: kind of, but not really. The current uniform risk weighting on all euro sovereigns reintroduces uncertainty into that question.
Story: The Euro Zone Needs More Than 'One-Sided Savings Orgies'
It feels like we’ve seen this movie before. Regulators deem an asset risk-free—could be AAA-rated mortgage-backed securities, Greek bonds, or something else—only to learn the hard way that, unlike Tinker Bell, believing is not enough to make it so.
The fukk kind of assumption is that?
By Allison Schrager November 03, 2014
Photograph by Ville Mannikko/Bloomberg, Photo Illustration by Businessweek.com
Most people don’t need to be reminded that, just a few years ago, Europe teetered on the edge of a full-blown sovereign debt crisis that nearly destroyed the common currency. But apparently European financial regulators do. In the recent “stress tests”—the European Central Bank’s assessment of European banks’ ability to withstand another financial crisis—regulators made a curious choice: They assumed all European sovereign debt is risk-free.
That’s right: According to the ECB, there is zero chance that any of the European nations will ever default on their debt. Not Germany, not Spain, not Sweden, not Portugal. Markets quite clearly disagree with this assessment. The credit default swap rate—the price of debt default insurance—suggests that there are stark differences in the stability of sovereign debt. The higher the rate, the riskier the market thinks the debt is.
European economists Josef Korte and Sascha Steffen argue that deeming all sovereigns riskless causes distortions that make the system riskier. Banks end up holding more government debt, both from their own country and other European governments. As of now, about half of the debt European banks hold is from other European countries. That makes Korte and Steffen worry a sovereign default could spark a crisis that would infect the entire euro zone. Since many large banks in peripheral countries have more exposure today, it could be even worse than the last time.
Graphic: Euro Region Faces Deflation
Some observers speculate that European policymakers allow this because it encourages banks to hold more government debt. Assuming sovereign debt is risk-free keeps the market for it liquid and cheap for governments to borrow. Or perhaps, recent history aside, they really believe all euro debt is risk-free. Nicolas Véron, an expert on bank regulation at the Peterson Institute for International Economics, tells Reuters:
Sovereign risk no longer exists in the euro zone. There will never be a sovereign default after Greece, which was an exceptional case. Spreads have narrowed because the market consensus is that the next time a euro zone sovereign were to have a problem, governments will find a way of bailing out the sovereign. … On a 3-5 year horizon, that market consensus is very robust. The authorities are right to test banks’ sovereign debt holdings for market risk and not for country default risk.
The last euro crisis dragged on as long as it did in part because there was so little clarity around risk sharing. Markets didn’t know whether Germany was on the hook for Greece’s debt. It eventually got an unsatisfying answer: kind of, but not really. The current uniform risk weighting on all euro sovereigns reintroduces uncertainty into that question.
Story: The Euro Zone Needs More Than 'One-Sided Savings Orgies'
It feels like we’ve seen this movie before. Regulators deem an asset risk-free—could be AAA-rated mortgage-backed securities, Greek bonds, or something else—only to learn the hard way that, unlike Tinker Bell, believing is not enough to make it so.
The fukk kind of assumption is that?
Domingo Halliburton
Handmade in USA
hedge funds vs. S&P 500 this year
