I will start shorting NYX for awhile as long as it stays below $102.
Several factors lead me to believe NYX is headed lower in the short and intermediate term:
1) Earnings report missed expectations by 1 penny, when alot of investors thought they would blow away earnings.
2) Add that to the Cramer pumps which pretty much got everybody in the stock, you got a very expensive stock. NYX currently trades at 4 times the market cap of NDAQ, which has similar revenues/earnings/growth.
3) I find it lame that Cramer didn't comment on the earnings report on MadMoney except that he is more positive about the company because of the impending merger. But everybody already knew that, even before earnings came out.
4) Missing by 1 penny is gonna give the shorts alot more firepower now. They are already 17% short on the float. I believe they are the smart money. I am being told that the short interest has increased to something like 50% on Friday. If that is true, the shorts will definately win is my opinion.
5) There will be about 23 million shares, if i remember correctly, unlocked for selling sometime in March. That's alot of selling pressure, if the owners plan to sell.
I will be shorting NYX on all rises, as long as the stock stays below $102. I believe NYX has the potential to see 90, and possibly 80.
Good luck.
81 Comments:
Yo beanie where is my cheese :)
PEG ratio for NYX is now at 3.1, which is above Cramer's expensive zone at 2.0. Why didn't he recommend his listeners to sell the stock on Friday after the report? Methinks he was being cryptic (in my opinion he was trying to say sell in a non-obvious way).
http://quicktake.morningstar.com/Stock/ForwardValuation.asp?Country=USA&Symbol=NYX&stocktab=valuation
That PEG might not be right if you take Cramers perspective on NYX because the Earnings growth does not include his reasons.
-M
NYX: i do know that alot of people own this stock. It has already achieved cult-like status.
So we gonna play it based on the tape, rather than fundamentals. If the stock gets and stays above 102-102.5, we must assume we are wrong about shorting NYX. Otherwise, we short it on all rises.
You're gonna get burnt to a crisp shorting NYX.
Don't get me wrong, i do like this stock for the longer term and it will eventually become a big part of my portfolio.
You may be right about shorting NYX, but I am wary of shorting any stock exchanges.
Look at the recent performances of
ICE, NMX, CME and BOT.
NYX and NDAQ are the only laggards. The only difference I think is that ICE, NMX, CME and BOT trade a lot more futures (Where the commissions are a lot higher) while NYX and NDAQ mostly trades stocks.
But a glance at the expansion plans of NYX and NDAQ tell you that they plan to monopolize the gambling err... I mean the trading market.
I am a buyer on dips for all these stocks.
CASINOS
LVS, MGM
BROKERAGES
GS, LEH, BSC, MS, MER
EXCHANGES
NYX, NDAQ, ICE, NMX, CME, BOT
Not to forget Cramers call to short ICE at 133. I think it is just a lot of shorts getting creamed that it is now at 143.
AAPL:
I also have a short in AAPL and will continue shorting on all rises until we get a trend change.
Check out XNN. I'm still smiling from ear to ear!
Cramer out this morning pumpin the markets again. Don't this guy ever quit? lol
die NYX die!!!
AAPL a great short near 85 here
If you want to make some money quick, play AXR. Moves in a much wider range.
Beanie11111.....How do u determine the PEG ratio of a stock off the yahoo finace page?..also how do u determine how much a stock is acutually worth
anon,
If you're a value investor then you would want to know. It's a little complicated and takes on certain assumptions. I've never been a value investor so i am not the best person to ask. But here's a start:
http://www.jamaicaobserver.com/magazines/Business/html/20061014T190000-0500_114075_OBS_VALUE_INVESTING__WHAT_IS_THAT_STOCK_REALLY_WORTH__.asp
what do you think of LOCM?
anon,
i don't like the future prospects of LOCM. I think these guys should just fold and start another business.
That was a great call on AKAM a few months back. Would you hold through earning on Wed?
Hi ,
i mentioned here about CTSH at $75 a month back.
Beanie
What do you think abt this baby and price target around June 2007.
I hear its going to be $125 (pre split).
lee,
i think it's ok to hold AKAM thru earnings. They're not likely going to disappoint. Trading at 52 week high right now. I don't see much downside.
anon,
CTSH is a good stock. It's gonna see 100 and if it breaks above it, 125 is easy target this year.
AAPL going down the drain. flush flush
Wow, watching paint dry on a Monday? I think the market is setting up for a big move, hopefully not upwards. lol
Contrary to what Cramer thinks, Steve Jobs could get in trouble and lose his position as CEO of AAPL.
Predictions anyone on OPBL.OB tommorow earnings after the bell ALot of people are expeceting alot..
elmyko1
elmyko,
I would sell OPBL before earnings. The chart is looking like there's a crack in it.
lol, did the CNBC guy said it's 'like watching paint dry?' lol
NYX: i'm glad it's finally working our way.
I own some puts.
lol djsfmr!
Not to worry, same thing will happen to AAPL.
That's a difference of $10,800!
LMAO!!
ZVUE on fire!!!!
Anon, thanks for the heads up!
Beanie,
RVBD closed today at 34.88. Still have some 216 shares.Do you think it's worth keeping it or should I sell now and maybe I could buy it back later at lower price?
sgv,
RVBD looks really good both fundamentally and technically. Has some resistance at 35.
The market is still strong. As long as it stays strong, no need to sell yet until the correction comes.
beanie.what do you think of this upcoming ipo mellanox technology,mlnx? thanks
anon,
MLNX isn't bad at all. But it's not an american company. Too many good american companies i can buy that i think i'll pass on this one.
AAPL is dead meat
NUAN: great news
12.85
Beanie,
Is a Apple still a good short at 84?
anon,
i rather you short it if it goes below 83.70, or in the mid to high 84.
you can short AAPL at 84 as well, just a little riskier that's all
die AAPL die!!
AAPL: this dog is dead, short on all rebounds
There's only one way to play AAPL in my opinion, and that's to short it
AAPL: let it come back up a little and pound it again
i don't even think it matters what CSCO says tonite. They gonna jam the market with crowbar and smash the techs anyhow
AAPL: The shorts piranhas are all over this one, feasting like mad. How about you?
i hope the bashers on this board realize that beanie correctly called the direction of aapl and nyx.
enuff said!
Beanie has been on the money on Apple for a long time, day after day. Congrats.
still short it at 83?
-markrat
Whatever happened to Pam and Mark the Rat?? Daytrading too boring for them? lol
I see Pam quite a bit on the Yahoo message boards.
steve wonder could have seen the direction of aapl and nyx :)
Waiting for Apple to get to 83.50 for another short. Hope it gets there.
anonymous,
i havn't gone anywhere.....i have a fulltime job so trading is hard for me...not to mention not enough capital....
-mark rat
AAPL: this stock is now very oversold in the immediate term. So decide when you gonna take some profits, if you haven't already.
AAPL: we can always short it again tomorrow if CSCO doesn't impress tonite.
AAPL: you can set a stop cover at 83.50
BEANIE.....
did you ever reveal the cause of infertility? or did i miss it?
-markrat
ATI buying BOOM
THE CAUSE OF INFERTILITY/DIFFICULTY CONCEIVING (not totally infertile)/ IMPOTENCE/BALDNESS/PREMATURE GREY HAIR all have one thing in common.
I continue to make countless observations about people and see it to be true over 95-99% of the time. In fact, i haven't personally seen one case that has proven me wrong.
The Oriental medicinal men have known this for many many many years. And how right they were.
*** That cause is TOO MUCH SEX and/or TOO MUCH SELF-LOVE (aka MASTERBATION), with self-love being more common. ***
Sometimes i hear medical "experts" on tv saying that the more sex the better it is for you. WRONG WRONG WRONG and wrong. In my opinion, it's only better for infertility clinics and drug companies that make stuff like viagra.
When you have too much sex or more likely "beat your meat" constantly you drain the heck out of your "life-force"/"life-energy"/"chi". (Don't tell me "chi" is non-existent, unless you're willing to stand in front of an Asian kung-fu master and let him blow you away with his chi.)
Excessive sex or self-love depletes that energy system in the lower part of the abdomen as well as elsewhere in the body. Not gonna go much in depth here but i'll tell ya what i observe.
Contrary to what people think, they do not need to have sex 3 times a day. Once a week or even once every two week is actually healthier.
Men who are bald or have early baldness (of course, there are some who have medical problems but that's not what i'm talking about here) or have premature gray hair (having graying hair at an age earlier than normal) tend to have too much sex, but self-love is much more likely. Impotence, early baldness, premature graying hair, are a byproduct of highly sexed individuals who have excessive sex or self-love.
Women with earlier graying hair are very easy to observe. Some have graying hair while they're in high school. Others start graying while in college. These tend to be very highly sex-ed women (this i see extremely common). Also, later in life they tend to have a harder time conceiving than those who are less sexed and do not have premature gray hair.
Doubt me if you wish, but do go around and make lots of observations and you shall see.
---
*All disclaimers apply. All the above statements are based on my educated opinion.
any opinions on GUID? it looks good to me here at 14
To reduce the symptoms you don't want, you need to have less sex and/or self-love. For some, it may be too late but you can reduce the progression or sometimes reverse some of the symptoms by slowing down there, cowboy! lol
anon,
GUID looks like it's going lower
For some, it may take months to years to reduce or reverse the damage, for others it may be too late (but doesn't mean you should make it worse!) lol
wow beanie, you're really off your rocker aren't ya budd! LOL
AAPL shorts covering. A little too late isn't it? lol
AAPL:
btw, i went long at a break of 83.50 . Never imagined it would go up this fast. Thanks, Jim Goldman.
don't be buying AAPL right here, folks!!
That Steve Jobs is a smart man. Comments before CSCO reports. I say CSCO blows us away with earnings and guidance today. Get ready for the next leg up, with tech being the leader.
Alrighty, that's it for me.
See you tomorrow!!!
That all applies double if your having sex in the champagne room.
Thats a big no no.
Because there a'int no sex in the champagne room.
Great earnings and guidance with CSCO!! LOL-No Tech crash is coming anytime soon!
AAPL: looks like we have a short term bottom here.
beanie,
time to go long on this POS? (AAPL)
i wanted to go 100% cash + 100% margin for csco today....sadly though i didn't have the guts. could have been a quick 1500 bucks....oh well.
-markrat
too late to enter on ZVUE?
thanks,
-markrat
mark,
ZVUE is running into resistance at 4.30 area. Today's news is same old same old. They still haven't monetize what they have yet.
i got some good ideas from you guys here so here are two that i've held for some time. LTS an JYSR. LTS is doing very well, JYSR on the other hand is surprisingly stable for an oc stock, but the company seems to be doing well.
how's the aapl chart look? still shorting in the high 85s?
oh and what software/site are you using for displaying and reading charts?
-joerawr
Beanie, when it comes to the stock market, you are the man! But, quite frankly, your discussion on the cause of infertility was, in a word: disturbing. Please tell me that it is a joke.
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