What are you buying today?

[yader]

ALS.TO

[sethatk]

OIBR

[saltybit]

ASPS

[Aberhound]

Buying BAC this morning.  -5.3% seems crazy high for a revised cap ratio of 21 bps.

 

+1

 

+1

[alertmeipp]

OIBR

 

Nice timing, didn't expect it to price this low.

[sethatk]

OIBR

 

Nice timing, didn't expect it to price this low.

 

Niether did I and I bought a full position all at once  :-\

[frommi]

I don`t know if this was a great idea, but i just bought a lottery ticket. I bought BP 52$ Calls for 0.04 that end on friday next week. When BP rises by 8-10% this is a 100 bagger which is possible when it breaks out through its february top next week. Slowly my old demons are coming through again, but i found this a good risk/reward scenario.

Anybody out there who likes to punch me in the face for throwing my money away gambling?

[racemize]

just bought some more clarke.

[randomep]

I don`t know if this was a great idea, but i just bought a lottery ticket. I bought BP 52$ Calls for 0.04 that end on friday next week. When BP rises by 8-10% this is a 100 bagger which is possible when it breaks out through its february top next week. Slowly my old demons are coming through again, but i found this a good risk/reward scenario.

Anybody out there who likes to punch me in the face for throwing my money away gambling?

 

The NYSE is the world's largest casino, we're all gambling in a roughly zero-sum game, but which in the long run can put the aggregate gamblers ahead by a small 5-10% per year.

 

 

[moustachio]

I don`t know if this was a great idea, but i just bought a lottery ticket. I bought BP 52$ Calls for 0.04 that end on friday next week. When BP rises by 8-10% this is a 100 bagger which is possible when it breaks out through its february top next week. Slowly my old demons are coming through again, but i found this a good risk/reward scenario.

Anybody out there who likes to punch me in the face for throwing my money away gambling?

 

What was your position size as a percentage of your portfolio?

 

I'm usually not a fan of short term trades, since I tend to over size all of my positions. I'm no technical analyst, but at least it looks like the stock is in something of an uptrend...

[frommi]

0.1%, its just a gamble with good odds. But i forgot to look at dividend paydates, wednesday is the ex-div date. The last time i did these kind of things was 3 years ago, but i was not very successful doing only this. (Because i was too greedy, let my profits run away and overtrading.)

[randomep]

 

KCLI

[Ross812]

I bought a full position in LMCA over the past two weeks and sold McCormick and CH Robinson to fund the purchase. LMCA is now my second largest position after Bidvest. 

[frommi]

Made some big changes today.

Sold KHOLY. Short TESLA,RH,AMZN. Sold Russel 2000 Futures. I am now at 100% long, 30% short and plan to short more in the next days.

 

 

[bmichaud]

October and December 2014 $190 strike SPY puts

[PatientCheetah]

ASPS BBRY

[frommi]

Sold Oracle and RDS.B and bought MDAX puts dec 2014, 16500€ strike.

[rainman]

LMCA, not sure why it is down a lot today

[Liberty]

LMCA, not sure why it is down a lot today

 

Maybe this has something to do with it:

 

http://www.valuewalk.com/2014/05/tiger-eye-capital-dumps-liberty-media-time-warner-cable/

[Guest wellmont]

I think it's just re-positioning. there is a lot of liquidation in hedge fund / r2k names going on.

[PatientCheetah]

Cable industry consolidation? Maybe media companies can't raise prices as aggressively as before? The whole media space is selling off.

[Lance]

I sold calls on BP and T.

 

Thanks,

Lance

[PatientCheetah]

HGG

[bmichaud]

Been buying VRX over the past week. Phenomenal buying opp IMO.

[Lance]

I bought/closed my JCP puts.

 

Thanks,

Lance