I closed out my LPSN (that's LSPN for OA ) and my WLL calls I bought yesterday. I'd rather sit on cash to see what shakes out next week. There's ALWAYS something to buy.
oldarmy1 said:
Big buy on DE shares
$3.5 mil laid down
Technically today was pretty convincing. Only way we wouldn't is if this is a major correction versus a short term panic selloff over trade deal. I made some larger buys in CSCO, JD to add to DE, LSPN and IWM.mrad85 said:
Hopefully a push back up next week?
EngrAg14 said:
60% lost in a day.
I really hope that no deal is made just to crash the economy and remove Trump.
Get someone in the office that doesn't send the economy in a freefall because of being a keyboard warrior.
Gigemags382 said:
So all this fear (not necessarily on here, just in general) and the S&P ended down about 2% for the week?
Meh.
I've had three texts about that in the last 10 minutes...I think it's gonna happen.cgh1999 said:
Hearing that WFT is filing Ch 11.
Posted back in Jan 2019IrishTxAggie said:It's a race to the bottom. Who files bankruptcy first; Sanchez or Weatherford?jmcfar_98 said:
I agree. They're a dying company. They're about to file for bankruptcy in my opinion. They have been selling some of their frac fleets to just to cover costs. I'm surprised they haven't filed yet. Struggling is the right word. More like on life support.
jmcfar_98 said:Posted back in Jan 2019IrishTxAggie said:It's a race to the bottom. Who files bankruptcy first; Sanchez or Weatherford?jmcfar_98 said:
I agree. They're a dying company. They're about to file for bankruptcy in my opinion. They have been selling some of their frac fleets to just to cover costs. I'm surprised they haven't filed yet. Struggling is the right word. More like on life support.
Prognightmare said:
LPSN jumping in the AH
oldarmy1 said:
Futures are in the smack dab middle of yesterday's range. We look like a move below 2900 is coming based on that opening. I would be cautious aggressively entering even options unless an obvious v bottom occurs.
This volatility could result in a directional change correction. The negative tendency with the pushes upward intraday, yet not able to breakout are potential share dumping actions by institutions.
I haven't seen lot size confirmation but with the automation capabilities it makes it harder to spot.
No China deal is going to be too much for markets to shake off in my opinion. So don't be naked on stock holdings is my strategy. Bought some puts on strength about 5% out of the money and will add a ES Mini Put close to the 2836 gap mentioned. That isn't a bottom call-it would be an easy negative mark if we do go south.
Bottomline. I don't think this is a time to "be brave" or expose large sums of capital. Hedge and patience are the thoughts for this period.
OA1, You mentioned this last August. My question to you about long term, why are you so bullish on them? I consider myself fairly tech competent but know nothing about MNOs.oldarmy1 said:
TEUM
Acquiring a nice position in this global tech company.
https://seekingalpha.com/article/4202542-pareteum-record-backlog-increased-revenue-guidance
Rice and Fries said:OA1, You mentioned this last August. My question to you about long term, why are you so bullish on them? I consider myself fairly tech competent but know nothing about MNOs.oldarmy1 said:
TEUM
Acquiring a nice position in this global tech company.
https://seekingalpha.com/article/4202542-pareteum-record-backlog-increased-revenue-guidance