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      05-05-2011, 03:52 PM   #1101
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Quote:
Originally Posted by stylinexpat View Post
PUTS are lotto tickets these days. I think the Hunts brothers are back with puts this week. SLV is the number one traded share on the DOW today and was number 2 yesterday. High volatility means more losses to come. I don't see much support today. All puts buy orders are clearing and sell and there are very little buy orders for calls today. If we crack below $34 we are looking at $28 after.
i hope you are kidding about the 28K.

I know am about 25K loss now

if it goes down that far i think i will sell now before any more shit happens.
Any advice anyone
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      05-05-2011, 04:15 PM   #1102
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Originally Posted by greek335xi View Post
i hope you are kidding about the 28K.

I know am about 25K loss now

if it goes down that far i think i will sell now before any more shit happens.
Any advice anyone
I'll give you advice, but for a 15% commission. We aren't your personal financial advisors, so stop using us like it. You add nothing to this thread or community. Learn to do things for yourself instead of relying on others.
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      05-05-2011, 04:48 PM   #1103
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SLV puts up through the roof today. My July SLV calls down the shitter though. And I'm down about $4k today from the stock I own... It's because everyones selling it and it's losing value like crazy. I don't think it'll hit $28 though, If anything I'm saying we're due to have it reverse and go back in the 40s range.
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      05-05-2011, 04:57 PM   #1104
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Quote:
Originally Posted by AngelinIsRich08 View Post
SLV puts up through the roof today. My July SLV calls down the shitter though. And I'm down about $4k today from the stock I own... It's because everyones selling it and it's losing value like crazy. I don't think it'll hit $28 though, If anything I'm saying we're due to have it reverse and go back in the 40s range.
I don't know. With the recent news of some heavy hitters pulling out, I'd say it might stay flat or go down for a bit. Soros, Slim, etc etc could be the ones that caused silver to shoot up in the first place. It wouldn't be the first time Soros has done some manipulation. I'd play carefully right now.
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      05-05-2011, 05:10 PM   #1105
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CME increase coming next week too.
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      05-05-2011, 05:48 PM   #1106
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CME increase coming next week too.
How do you know?
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      05-05-2011, 05:54 PM   #1107
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CSCO earnings reports coming out soon. I'm expecting a couple percent increase after a stronger than expected earnings report. I'm tired of losses. I bought at $18.50 back when it dropped 15% in a week. Guess it dropped even more since then because I'm still in the red! Overall my portfolio has been shitted this week. C'mon SLV!
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      05-05-2011, 06:08 PM   #1108
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Quote:
Originally Posted by ferrari355fi View Post
I'll give you advice, but for a 15% commission. We aren't your personal financial advisors, so stop using us like it. You add nothing to this thread or community. Learn to do things for yourself instead of relying on others.


Well said.
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      05-05-2011, 06:28 PM   #1109
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Quote:
Originally Posted by ferrari355fi View Post
I'll give you advice, but for a 15% commission. We aren't your personal financial advisors, so stop using us like it. You add nothing to this thread or community. Learn to do things for yourself instead of relying on others.
no need to be an ass. This is friendly advice. If you have nothing nice to say, then GTFO
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      05-05-2011, 06:31 PM   #1110
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Quote:
Originally Posted by Chowbow View Post
CME increase coming next week too.
good time to go all in cme? maybe it will go down a bit more then rise back to 300 or so
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      05-05-2011, 06:57 PM   #1111
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Originally Posted by greek335xi View Post
no need to be an ass. This is friendly advice. If you have nothing nice to say, then GTFO
So what do you say to someone who has absolutely nothing to say? Because you add nothing of value to this thread except an uptick on the post count. There is a certain level of understanding and respect between people when it comes to financial markets. Give a tip, get a tip. You have done nothing but abuse the kindness of people.
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      05-05-2011, 07:13 PM   #1112
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Because it was reported yesterday that the margin hikes in silver would come both Friday(either it was friday or today) and Monday do you think they are already priced in?
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      05-05-2011, 07:19 PM   #1113
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Because it was reported yesterday that the margin hikes in silver would come both Friday(either it was friday or today) and Monday do you think they are already priced in?
Most likely, yes.
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      05-05-2011, 10:15 PM   #1114
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Quote:
Originally Posted by greek335xi View Post
good time to go all in cme? maybe it will go down a bit more then rise back to 300 or so
If this is your strategy, to pick a stock based on someone else's opinion and go "all in" with your funds, no one can help you. A good investor does their homework on a stock and scales in and out. The "dump and pray" method rarely works out. Just my opinion.
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      05-05-2011, 10:41 PM   #1115
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Quote:
Originally Posted by Patrick719 View Post
If this is your strategy, to pick a stock based on someone else's opinion and go "all in" with your funds, no one can help you. A good investor does their homework on a stock and scales in and out. The "dump and pray" method rarely works out. Just my opinion.
lmaooo trust me I dont go all in simply because of what someone here says. However, I will take into consideration of what someone says on here. I run everything by my brother who is my stock man. He makes me 35+ % every year.
I like to feel helpful too
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      05-05-2011, 11:38 PM   #1116
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Quote:
Originally Posted by greek335xi View Post
lmaooo trust me I dont go all in simply because of what someone here says. However, I will take into consideration of what someone says on here. I run everything by my brother who is my stock man. He makes me 35+ % every year.
I like to feel helpful too
I doubt that's true, but regardless, people question you because you show absolutely no credibility in your posts.

If you're legit...rock on. However, at least try to come off more grounded and analytical or you will continue to deal with skeptics. Maybe you don't care if people call you out. If I made 35%+ every year consistently, I wouldn't care either. However, basically no one has done that consistenly with any real money.

Just thought I'd give you a tip. Take or leave.

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      05-05-2011, 11:50 PM   #1117
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Quote:
Originally Posted by BayMoWe335 View Post
I doubt that's true, but regardless, people question you because you show absolutely no credibility in your posts.

If you're legit...rock on. However, at least try to come off more grounded and analytical or you will continue to deal with skeptics. Maybe you don't care if people call you out. If I made 35%+ every year consistently, I wouldn't care either. However, basically no one has done that consistenly with any real money.

Just thought I'd give you a tip. Take or leave.

oh he will take your tip, he just won't return the favor.
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      05-06-2011, 03:02 AM   #1118
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Today was one real bad bloodbath. Like the first day of a chick on the rag but only in this case this rag started about 5 trading days ago. These last 4 days have been very bloody. I really doubt that we don't see any type of bounce after this. When I feel that we see bottom I will be buying. Right before close I started a small position of calls.
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      05-06-2011, 03:04 AM   #1119
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Quote:
Originally Posted by AngelinIsRich08 View Post
SLV puts up through the roof today. My July SLV calls down the shitter though. And I'm down about $4k today from the stock I own... It's because everyones selling it and it's losing value like crazy. I don't think it'll hit $28 though, If anything I'm saying we're due to have it reverse and go back in the 40s range.
The puts that cleared for $41 and $42 were massive so there is now quite a bit of resistance at $41-42. Big boys are now involved in this one.
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      05-06-2011, 01:03 PM   #1120
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Quote:
Originally Posted by stylinexpat View Post
The puts that cleared for $41 and $42 were massive so there is now quite a bit of resistance at $41-42. Big boys are now involved in this one.
What is this "puts" I keep reading
Im not going to pretend that I know what I'm talking about. But Im super interested in this thread.


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      05-06-2011, 01:42 PM   #1121
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Calls and Puts are Options that give you the option to buy or sell 100 shares of a stock. When you buy a Call Option you are betting that the stock will go up in price by a certain date. A Put Option is the opposite, betting that a stock price will drop. It's a way to minimize your downside losses with unlimited upside, but you have to do your research and time it right.
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      05-06-2011, 01:58 PM   #1122
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Quote:
Originally Posted by Patrick719 View Post
Calls and Puts are Options that give you the option to buy or sell 100 shares of a stock. When you buy a Call Option you are betting that the stock will go up in price by a certain date. A Put Option is the opposite, betting that a stock price will drop. It's a way to minimize your downside losses with unlimited upside, but you have to do your research and time it right.
That about sums it up. I'm about to buy some June puts for Siri. I'm going to be doing my research before I go in but that things been going up for far too long.
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