A ten bagger? CSUN oct 12.50 calls @ .65 or less
CSUN trading @ 12.95
This is also a very speculative china solar play that is not yet profitable.
A ten bagger? CSUN oct 12.50 calls @ .65 or less. I dunno if this is gonna be a 10-bagger for us, mainly because we're a little late to the party. But if it can take out the old high, it could be a 10 bagger by expiration.
I wouldn't be going gungho with this one though. We are late to the party.
This is also a very speculative china solar play that is not yet profitable.
A ten bagger? CSUN oct 12.50 calls @ .65 or less. I dunno if this is gonna be a 10-bagger for us, mainly because we're a little late to the party. But if it can take out the old high, it could be a 10 bagger by expiration.
I wouldn't be going gungho with this one though. We are late to the party.
posted by beanie11111 | 12:26 PM
58 Comments:
Wow! I thought I had a monster day yesterday, today is even better with EFUT and RCH! Wow!
CHNR... 300K profit if I had stuck with my research back in August. Arrrgh!! :(
P&F was pointing to 24 when it was at 9, chart was gold.
Tell you folks, forget the general market crap and focus on individual issues. This will always make you money. Forget all the chatter.
Catcher
buy the calls--how? they are 2.25 not .65!!!
Catcher, I really feel for you on that one. Sometimes, I've just got to take things off my watchlist just to preserve my sanity!
SEED very interesting FA-wise, was actually looking into it a couple of days ago, but ended up getting distracted.
SCOR - another recent IPO that's soaring.
LGCY - added touch more mid 20s
ATHN - looks like 32ish was the bottom and it's on its way back up now. Watching for ideal entry since I missed this morning while feeding the baby.
Sue
Accumulate WAG, good support at $39
JCP, it’s better to short individual stocks...I see JCP at $72 / $73, it’s a short...even $71 quad top, might work. No way $76 = 200 day...neg slope 50 day, is why..
selling part of ENER (25) , YGE (32), both reached my target...
Accumulate WAG, good support at $39
GRMN, don’t try to swing trade short, they make a counter offer...
IIIN at 15.5 look for $18 again..NOV 12.5 call..at 3.30/3.40..i’m 19 for 19 buying and shorting IIIN (steel)
zee,
when are you planning to sell iiin nov 12.5 call options? thanks
aymon
TV,
Great call on WYNN
TV,
Solar stocks getting spanked. Congrats...
Today is TV's day.
OCT 3
VNO , BXP, DDR , all failing at their 200 day, just as i predicted..so im shorting IYR
NOV 82 PUT at 4.20 looks good...
I guess IYR is finished, so i wonder if market corrects now...hmmmm, my blog might be wrong about IYR and DIA connection..
i'll have to change to ....stick to individual stocks...
IIIN, at $18 = 200 day...any three days, and IIIN is at $18, just don't know if IIIN pops, or climbs slowly
YEA
actually i was shorting jrjc and bidu and a little fslr
i like the support here on LDK
it might make a run at the close
unless the whole world falls apart in last hour
MAJOR HEDGE FUND SELLING EVERYWHERE
ADP employment numbers, REUTERS...
http://uk.reuters.com/article/ousiv/idUKNAT00324220071003
"If you take the 58,000 and add some allowance for government employment,
Friday that is between 90,000 to a 100,000."
SO FRIDAY could be HOT HOT HOT...
Friday is all or nothing, either the market goes up 200 or sinks 400...take your pick...
although id like to see more selling, the way this market is, imo there will be more buyers than sellers in final hour but trading lightly here...dangerous levels
JOYG wearing cement boots today, sinking like a dead gangster...
beannies blog scores another one...
A baby candle - FXI
Could this mark China top?
West
BEANIE is a contrarian indicator.Just look at the titles. When he recommends with a STRONG BUY, you better SELL AND LOCK IN PROFITS!
Z,
Does it make sense to buy the OCT 115 Calls on ATI? If NO, can you please explain why not.
Thanks
ROFLMAO !!
geez, TSL really getting a beating today.
Beanie, what's your take on this huge solar selloff? Buy on the dips I'm guessing?
what in the world happen with LDK and JASO, and even TSL?
TV,
when should I cover JRJC?
LDK geez a lot of people got hurt on that one. Ouch!
LDK and margin call. Ouch!
Beanie,
China Architectural(RCH) is now 19.49, up 57% from yesterdays closing and that's over 300% since Friday's ipo. I was going to buy it at 12 today, changed my mind and instead bought 100 shares more of YGE @28.82.
*****Breaking News*****
Hundreds of LDK shareholders are now on suicidal watch.
Beanie to the rescue?
anon,
ATI, if you are daytrading you can use any call at all.
THE OCT 115 call , will crush you 0.35 , if ATI down even 75 cent tomorrow. And takes a $ 2.00 move up to get 0.25/ 0.40 up movement on the call...
however the NOV 100, gives you time to put in stops...and will actually change at the same rate as the stock price changes..
HERE”S a good rule of thumb, Once an option drops below 0.95, it’s worthless..
and holding over the weekend, drops the cheaper options down by 20/25%, on monday because of time..
Thanks a lot Z. Now I know what I did wrong on that one.
beanie,
thoughts on solar stocks after LDK's fiasco? should we buy on the dips tomorrow? more YGE? think it's going to take a beating tomorrow.
thanks,
aymon
I just got back and looks like we got a profit taking late session. This should be of no surprise to you folks because we are overbought in the immediate term. Give it 1-2 more days and then buy more solars. I believe selloffs like today is a gift.
LDK took down the sector, but it will be temporary. I'm not sure what's with LDK but i am checking now. But i think it's a non-event. I would probably buy some below 50 afterhours. Just some. WHen the mad crowd wants to exit there's not much you can do but to wait for a hint of a reversal. The stock closed at the 50dayMA. It would make sense to buy some here.
LDK is now at nonsense levels. A buy below 48 right this moment afterhours is a bargain. It is excessively oversold. I won't bet my house on it but i would buy some here.
LDK is now trading at 47.7 afterhours. It is a steal is my opinion.
LDK is a New York Stock Exchange stock company that just went ipo within less than 6 months. C'mon man, that selloff is a total nonsense and a great place to pick some up.
How many NYSE companies do you know that blows up as a fraud right after 6 months of their ipo? NONE.
It's a buy buy buy!
VMW is a great buy here at less than 88.50 for an overnite daytrade. It could open 2 dollars up tomorrow.
LDK will be a bigger steal at 44 tomorrow. Solar stocks is screwed for at least another day.
This sucks!
I reiterate: LDK is a really great investment at below 48, and a great overnite daytrade as well.
No disrespect Beanie but I think I can get lDK tomorrow at 44
I agree with beanie that this dips in solar stocks are second chances to buy at lower prices. That's what I've been doing with yge- buying at the lowest of the day- so far I have 365 shares @ 23- acquired on 4 buying days from @18 to todays buy @ 28.82.
Got to have faith in your DD and patience to accumulate gains.
Don't buy LDK now!
Piper Jaffray Comments on LDK Solar (LDK) Related to News Controller Left
Cree (CREE) Lower Following Cautious Analyst Comments on Results, Buyout
Rumors
AT&T (T) purchase of EchoStar (DISH) is difficult to justify, Merrill says -
Bloomberg
Wynn Resorts (WYNN) and Las Vegas Sands (LVS) Lower Following Negative
Analyst Comments
Intuitive Surgical (ISRG): Oppenheimer takes tgt to $270
LDK Solar Co.Ltd. (NYSE: LDK) sees afternoon pressure. Piper Jaffray made
comments on the stock this afternoon. The firm said, "We have confirmed that
the LDK financial controller recently left the company. We are also aware
of the former controller\'s allegations of poor financial controls and a
250MT inventory discrepancy; allegations were made to both the SEC and the
external auditor KPMG. We have spoken to the LDK CFO about these claims and
have found no reason/proof to dispute management\'s claim of 1000MT of
polysilicon in inventory/WIP. News of the departure may pressure the stock
near term." The firm said the sell off may reveal a better entry point.
Maintains its Outperform rating and $52 price target.
The firm noted that LDK management reaffirmed 2008 production guidance of
510-530MW and doubling of production capacity in 2009. It also restated its
poly production target of 7000t in 2009 - overly aggressive and destined to
push out, in our opinion. The firm said they continue to be confident of LDK
\'s near-term execution with stable industry leading margin.
LDK just printed 45.85
Solar stocks will get screwed again tomorrow. This sucks.
ldk back in the mid 47's AH
I couldnt disagree more about this sucking for Solar stocks.
A great buying opp is being created, one in which I at least didnt expect.
a great buying opportunity? I would much rather average up than buy on the way down.
holy shit
i left trading at 3:20 to go to doctors appointment
LDK
OH MY GOD
ntri
oh my god
i actually made money going LDK going long today
about 40 bucks...not bad after being down 4500 on a long position
lol
thank god i had the doctors office
i would have been creamed
to think the days last 2 weeks i got creamed early morning holding short ldk overnite and having to fight myself back everyday
no one could have predicted this
im long ldk after hours and in the money
i have 35 minutes
should i hold overnite?
Beanie,
Once again, great call on LDK afterhours. That's why you are DA MAN!
LDK in the 50's AH now
this may cost me potential thousands but im selling most if not all of my ldk here around 50
i want to sleep well at night
ok...just added quite a nice sum to my ldk total for the day
I think you're gonna be surprised to find out how fast LDK will recover most of its losses in the days or weeks ahead. By next year, the news will likely be a non-event.
beanie,
what do you think of yge oct 30 calls? i'm holding a bunch of them.
should i add more tomorrow?
thanks
aymon
Take a look at the P&F chart.
http://stockcharts.com/def/servlet/SC.pnf?chart=ldk,PWTODANRBR[P][D][F1!3!!!2!20]&pref=G
If this sucker does not close above 52 tmr, then timber.
The chart speaks!
aymon,
Do not add Oct YGE calls. It's ok to add the stock but adding calls (especially the Oct) right now is risky. The stock is a little overbought short term and could get below 25. If it gets to the low 20's, then it's safe to add Oct calls at a lower strike price or buy the Nov 30 calls.
I do not like to ADD calls or puts. Just too risky. Stock is ok.
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