Post: #351

Adding some P2P (peer-to peer) lending into the mix. My buddy has been getting 12% yearly (or 1% a month roughly). Very respectable rates, and if you diversify into 100+ notes, its basically a consumer-bond.

Post: #352

An american billionaire by the name of Harold Hamm is about to have the costliest divorce in human history at an estimated $8billion. Talk about cost-per-notch! It beats out the previous previous record set by the russian Rybolovlev at $2.6 billion.

How is this relevant to this stock thread?

Well, Mr. Hamm owns more oil in the ground than any soul in america, he is the king of fracking. He is the principal shareholder of Continental Resources with a valuation of $17billion; His wife, Sue Ann Hamm, will be taking an estimated $8billion. .... Continental Resources stock ticker: CLR has a market cap of $28 billion.

Here are some preliminary details.

The company, CLR, has a decent balance sheet, and the stock is kicking arse... however, extraordinary costly divorce can ruin a company. Divorce is what bankrupt Donald Trump. The fate and future of CLR is in the hands of Sue Ann Hamm. If she is a reasonable woman, the company will go on; if not, the company will be gormandized.

Anyways, we will learn more as time goes on. I am taking a highly speculative short position at these levels($157/$160.)... expecting the stock to dip to $140 handle area. If however, CLR shakes off the divorce(news) like an angry bull, and break out past and close above $160, with a follow through day; i will abandon my short enterprise. That is my stop loss parameters.

The risk to this short enterprise? CLR is a good company, decent balance sheets; and geopolitical unrest serving as a tailwind to boost oil/gas sector, on top of that, Mr. Hamm is a solid operator. The pros? Well, Divorce is a bitch.

I have attached the stock charts below, outlining what i expect to happen.




As an addendum i will say this:

#1. No pussy on this planet is worth $8billion.

#2. If the decline is coming as some say.... well, why not simply attempt to make some money off it?

regards,

Nemencine

(08-25-2014 11:17 AM)DVY Wrote:  Adding some P2P (peer-to peer) lending into the mix. My buddy has been getting 12% yearly (or 1% a month roughly). Very respectable rates, and if you diversify into 100+ notes, its basically a consumer-bond.

If i am not mistaken, Lending Club already raised $400 million and planning an IPO....

.
.

Post: #353

(08-28-2014 10:08 AM)Nemencine Wrote:  .....
Anyways, we will learn more as time goes on. I am taking a highly speculative short position at these levels($157/$160.)... expecting the stock to dip to $140 handle area. ..

Update. Last batch of short line done... shorts entered at $157...$158...$159...$160. average entry = $158.50; price target = $140.

Stop loss at $164.

That means risk is $5.5 per share to make $18.5 per share.

We will see what happens.

regards,

Nemencine

Post: #354

Don't mean to derail the thread, just have a quick question since there are Canadians on this thread:

Are you guys using a Tax Free Savings Account for your investments? If so, how advantageous has it been for you?

I just realized the potential of a TFSA and I am interested in opening one once I start investing.

Post: #355

Probably a buying opportunity in Apple coming up.

/thread-39966.html

Post: #356

(08-31-2014 11:20 PM)Jaydublin Wrote:  Probably a buying opportunity in Apple coming up.

/thread-39966.html

What is the connection between Apple stock prices and the issues of the linked thread?

Post: #357

(08-31-2014 04:13 AM)Laurifer Wrote:  Don't mean to derail the thread, just have a quick question since there are Canadians on this thread:

Are you guys using a Tax Free Savings Account for your investments? If so, how advantageous has it been for you?

I just realized the potential of a TFSA and I am interested in opening one once I start investing.

Questrade has begun to let people take real advantage of the TFSA. You can trade your TFSA account and is it grows you can use the equity in it to create more margin power in your regular margin account.

The one downfall I always thought for a TFSA trading account was it had similar restrictions like a RRSP account. You can't leverage up your TFSA but you can combine it now with your margin account to hold bigger positions in your margin account.

You can also use your TFSA to invest in mortgage lending. Just like if you were to invest in the stock market, the gains are tax free.

Disclaimer: I dont use my TFSA account for trading, I use it for mortgage investing. I still prefer interactive brokers to questrade when it comes to trading. But I am considering moving some money around to take advantage of this questrade idea.

Post: #358

I am getting a little anxious about the general bullish direction of the stock market, and since I mostly keep my stock investments in various index funds, I am hoping that the overall market keeps on the "going up" trend through the end of the calendar year, then I would cash out one of my series of investments that I began investing between October and November of last year and move that investment into some other area - better for me to occur next calendar year.

This overall bull market may NOT last that long. Any thoughts? I have heard a vast array of predictions, including that it is about to crash any minute and that we have another year of bullishness. I am more inclined to think that we are closer to crash mode than we are to continued bullish mode.. but maybe I am overly pessimistic?

Also, I am concerned about how the upcoming election may play into the overall stock market performance. Sometimes there seems to be upward propping of the market, and then once the election occurs, then there is a discontinuance of the propping. Do we think this propping up is occurring and in what direction and when?

By the way, my general index funds (the ones that I am considering moving into other investments) have gained about 11.5% since November of last year.... which seems pretty good... if they remain up or continue to go up through the final parts of the year... which of course is NO way guaranteed... which is the reason for my general questions in this thread.

Post: #359

Yeah everyome seems to be nervous about this market no rhyme or reason to why it goes up or down. For a year or more people have been talking about a crash or correction that never seems to come. I made a lip bit of money bit took profits and pulled out. I hate to miss out on the continued gains but at the same time Im kinda hoarding cash waiting on a big correction to load up on. I made a nice buck on the recovery back in 08 or 09 or whenever that was but was always kicking myself I didnt have more cash available back when ford was at a buck dow at 6 sirius down to a few cents citi really low etc etc etc

Post: #360

At +$5.5 per share gain($153), breakeven has been initiated in CLR short position from $158.50.

As written before short position in stock CLR at $158.50 with stop loss at $164.00 = risk of -$5.5 per share.

When priced dipped today to $152.95(below $153) = +$5.5 per share gain = 100% gain on risk(since i risked -$5.5 per share). At 100% gain on risk, i have initiated breakeven on the trade. Now the trade is completely risk free. It is now a free ride.

This is my intra-trade management tactics to prevent turning a winning trade into a losing trade. I got it from william o'neal of IBD = Once you've made the same amount you risked on the trade, breakeven the trade, and leave the rest in the hands of the market gods. So even if the trade now turned back on you, by that time, you will have nothing to lose.

All that remains is to just wait and see if it goes to $140 handle area. that is it.

Here is the thesis for the CLR short trade.

Attached below is the chart:

(08-29-2014 10:22 AM)Nemencine Wrote:  Update. Last batch of short line done... shorts entered at $157...$158...$159...$160. average entry = $158.50; price target = $140.

Stop loss at $164.

That means risk is $5.5 per share to make $18.5 per share.

We will see what happens.

regards,

Nemencine

@JayJuanGee

Yes, it is getting to uncomfortable levels. But... when the trend is up, the trend is up. In almost all short cases, there will be a broad market indicators of the deterioration, short doesn't just happened overnight. Even in those market crashes, there has been indicators in the market, i mentioned about it earlier in this post. The best material on this is IBD, they did a thorough historical studies, and yes, they've always nailed market tops everytime. IBD = investors business daily.

Earlier this year, when the doom&gloom crowd where prophesying the end of days, i wrote this:

(01-01-2014 03:51 PM)Nemencine Wrote:  .... I think 2014 will be bullish but certainly not in the way that 2013 is. There will be some profit taking. Will i shift into a shorting mode later? If and only if after i have seen a few indicators(across the board, structural deterioration in the indices... Look at all the market tops dating to the 1800s, they exhibited these characteristics...)

HERE IS THE UPDATE ON THE S/P CHART:

Post: #361

nemencine:

Don't worry, they're going to ignore that and continue saying "a correction is coming". I just sit back and laugh, SPY is over 200, it was at 174 on February

Post: #362

(08-24-2014 08:22 PM)Leo Wrote:  I'm looking at InvenSense (INVN) but haven't pulled the trigger on it yet. They make gyroscopes for motion tracking devices for all kinds of applications including smartphones, tablets and drones.

InvenSense is a great company with excellent technology. I have been buying shares over the past couple of years and I'm now up 90% on my cost basis of $12.50

It seems quite likely that the new iPhone 6 & 6 Plus will contain 2 InvenSense products - the M8 motion-controller chip & the optical image stabilization gyroscopes. However this will not be confirmed until the iPhone 6 gets a teardown.

The new Motorola Moto 360 watch contains an InvenSense gyro - see Step 16 of the teardown :

https://www.ifixit.com/Teardown/Motorola...down/28891

Post: #363

(08-25-2014 11:17 AM)DVY Wrote:  Adding some P2P (peer-to peer) lending into the mix. My buddy has been getting 12% yearly (or 1% a month roughly). Very respectable rates, and if you diversify into 100+ notes, its basically a consumer-bond.

I've heard it's a tax nightmare at the end of the year unless your using some type of tax free account to do it. Can you speak to that at all? Been curious about getting into peer to peer lending but dreading taxes as the end of the year, hear it's a huge headache.

Post: #364

I bought invensense a while ago also.. still making money online them.

Aecom ACM has made me me like twice the money though. I don't even remember the research I did to find them. But they are steady going up.
I wish I had another chunk of change to put in the market. I'm broke right now

Post: #365

Honestly.. if people have the money.. I still say invest in Facebook. The company people hate and call immoral is the company that's laughing all the way to the bank

Post: #366

@jamaicabound- super duper easy. The software is very user friendly (for Prosper). It shows total return, total interest, blah blah.

"Prosper Taxes

All these same principles apply to Prosper. But Prosper does make it a bit easier than Lending Club at tax time. For a start, on Prosper’s 1099-OID they include your total interest for every note not just those notes that earned at least $10 in interest. So your 1099 contains a more complete picture of your p2p lending earnings at Prosper. Also, on Prosper’s year end statement they include all the information you need including the service fees (they are not included on the 1099); you don’t need to do digging into your monthly statements for anything."

Post: #367

The president and chief operation officer of continental resources(ticker: CLR) quit yesterday. Good news for my short position.

The very same day, CLR initiated their 2:1 stock split. Which means that $160 = $80, and $140 = $70. The shenanigan of engaging in a stock split to put the pps of your company between $30 and $70 makes it more attractive to individual investors.... we will see if it works. Today, CLR continues to go down. Bottomline, my trade is risk free, so i have nothing to fear from that stock price management shenanigans.

Anyways, here was the previous post/chart on CLR short

(08-28-2014 10:08 AM)Nemencine Wrote:  ....The company, CLR,..... I am taking a highly speculative short position at these levels($157/$160.)... expecting the stock to dip to $140 handle area.

I have attached the stock charts below, outlining what i expect to happen.

And today?

It is getting closer and closer to $140 which is = $70 after the 2:1 stock split.

Below is the update chart showing the stock CLR at $72.87 which means that the short position has already increased by +200% gain on my risk: since my risk is $2.75 per share, and it has currently gained +$6.38 per share -- more than doubled gain on the amount i initially risked. Total risk was 1% of A.U.M. Anyways, update chart below:


.

The entire short CLR thesis is based on the stupid divorce atmosphere of america -- something soo absolutely retarded as to fucking entitled some woman to $8 bloody billion dollars of money she never worked a day for in her life. This is the shite we live in. One might as well profit from it.....

regards,

Nemencine

Post: #368

Today, my CLR short hit its short price target of $70.00, resulting in +300% gain on risk

28th of august, 2014 i wrote a short thesis for CLR based on a potential $8billion divorce cost. CLR went to trade at 161 levels.... which is the same as $80.5 after 1:2 stock split the company later initiated.

The CEO of CLR had since quit. Check it out.

The company engaged in the shenanigans of stock split to entice more buyers to its stock. More buyers = means stock goes up. It worked for a day... then the stock kept going down. Hahaha. Despite trying to flood the market with multiple good company news over the last 2 weeks; the stock gapped down strongly today, dipping to a low of $69.37 as of this writing-- well below my short price target of $70.00.

This allowed me to clear my first level of shorts at $70.00 = which was my price target that i wrote on august 28th, 2014. (that was supposed to be $140, but the stock split means it is now $70.00. Anyways, the stock split shenanigan didn't work for CLR)

I am leaving a little bit on the table to see if CLR continues to go down.

This was the original chart and expected price action as written on 28th of august,2014:



.

So, what eventually happened?

It fell to price target of $140 as expected = $70 (after stock split of 1:2).

THIS is what eventually happened today, 18th of september, 2014:




.

Here is a a yahoo chart . Anyways, i am leaving a little on the table to see how far it can fall.

regards,

Nemencine

Post: #369

Did anyone get in on the BABA Alibaba IPO or buy any this morning? I'm kind of scared off by IPO's these days. I don't know too much about Alibaba but when I heard all the rumbling about the IPO was wondering is this the same site that sells all the chinese knockoff crap kinda like tradekey? I was like noway that can be the same company. Was surprised that it is. I hear some people saying jump in if you can get it for under $80 its a bargain while tohers are saying stay away. Just curious your guys thoughts?

Post: #370

(09-19-2014 12:23 PM)jamaicabound Wrote:  Did anyone get in on the BABA Alibaba IPO or buy any this morning? I'm kind of scared off by IPO's these days. I don't know too much about Alibaba but when I heard all the rumbling about the IPO was wondering is this the same site that sells all the chinese knockoff crap kinda like tradekey? I was like noway that can be the same company. Was surprised that it is. I hear some people saying jump in if you can get it for under $80 its a bargain while tohers are saying stay away. Just curious your guys thoughts?

No go on this. From the looks of things on stock charts, it jumped out of the box at 97 -- that was the price the public could buy it. It then went to 99, then came down to 90. (As of 1:30 p.m., 9/19.)

As with Facebook, this might be a good buy after it all shakes out (or whatever) and the price settles at something reasonably fair. There's no dividend, though, and I tend to stay away from stocks without a dividend, because when they freefall, there's not an ex-dividend date on the horizon to make them rise.

Post: #371

Hey guys. I have no knowledge when it comes to finances and investing. I'm very interested in gaining said knowledge though. How would I go about learning? Thank you.

Post: #372

(09-19-2014 06:34 PM)Mr.Conflicted Wrote:  Hey guys. I have no knowledge when it comes to finances and investing. I'm very interested in gaining said knowledge though. How would I go about learning? Thank you.

You seem to be in the wrong thread.

Why don't you start by doing a search in the forum for various investment threads, and there are several and there are several that are geared towards beginning investors. You can read through those threads and create more targeted questions. Further, if after reading through various found threads, you still believe that you cannot find a thread that fits your questions, then you may want to start a new thread (especially in the newbie's section). yet I believe that there are quite a few threads with a lot of beginner oriented information through RVF that can be found through the search bar.

Post: #373

(09-10-2014 07:10 AM)Steve9 Wrote:  

(08-24-2014 08:22 PM)Leo Wrote:  I'm looking at InvenSense (INVN) but haven't pulled the trigger on it yet. They make gyroscopes for motion tracking devices for all kinds of applications including smartphones, tablets and drones.

InvenSense is a great company with excellent technology. I have been buying shares over the past couple of years and I'm now up 90% on my cost basis of $12.50

It seems quite likely that the new iPhone 6 & 6 Plus will contain 2 InvenSense products - the M8 motion-controller chip & the optical image stabilization gyroscopes. However this will not be confirmed until the iPhone 6 gets a teardown.

The new Motorola Moto 360 watch contains an InvenSense gyro - see Step 16 of the teardown :

https://www.ifixit.com/Teardown/Motorola...down/28891

With the iPhone 6 teardown today, it was confirmed that that InvenSense will be in both the iPhone 6 and iPhone 6 Plus - they are supplying a 6-axis Gyroscope and Accelerometer Combo.
Will we see how much this adds to their bottom line when they release their next quarterly earnings.

Post: #374

Anyone know why Southwest has taken a dip? I bought in a while back at 25 was kicking myself for not buying more as I watched it go to 28 and then up to 35. Looks like it's dipped back down to 33 pretty quickly. Curious if anyone knows why and if anyone who's good with the market has an opinion if it's a good time to buy more on this dip or oversold and will continue to dip?

Post: #375

(09-23-2014 03:25 PM)jamaicabound Wrote:  Anyone know why Southwest has taken a dip? I bought in a while back at 25 was kicking myself for not buying more as I watched it go to 28 and then up to 35. Looks like it's dipped back down to 33 pretty quickly. Curious if anyone knows why and if anyone who's good with the market has an opinion if it's a good time to buy more on this dip or oversold and will continue to dip?

Could be linked to this week's drop in stocks all around the world as no major news was published since the drop, only Fitch changed its outlook from stable to positive two days ago which is good news. On the technical side, there is no clear support, maybe the 32$ area could happen to be a support but if it starts to fall below that level it might be tricky.