I've given up too. Many regrets selling at $2,000. I'm down to 2 shares left, I'll just HODL this and not touch it no matter what happens.
I was reading an article yesterday that said they have a big deadline coming up in the middle of June with regards to what they plan on doing with their real estate property. This ties into other deadlines they have about their creditors and their bankruptcy filing. It makes me wonder if some kind of news may break around that June date. I'm guessing they'll be selling at least some of those locations by that date.
She's a mysterious one, isn't she? I liquidated at $2402 thinking I did well with a modest profit. Then next day up to $2485. No where near what you went through, but still stings lol. The reason I'm asking about $2500 is I have a 4k option with strike price at $2500 for next Friday...with decay wondering if I should just get rid of it
Do any of you follow homebuilder stocks? I hadn't followed them much during this crash, but wow, I just looked at LEN, KBH, DHI thinking I'd dabble in them, but I may be a bit late to that party as they've all about doubled off the lows.
at the 2500 strike, there are more call than put. the current straddle price indicates that if it's gonna be an up move, it could be as high 2,558 by next Fri if it's gonna be a down move, it could be as low as 2,470 under these circumstances, i'd consider selling a 2550 call , same expiration; the bid is ~~~ $63, making it a 2500/2550 call spread at expiration, should AMZN finished below 2500, u get to keep that $63 should amzn > 2500 and less than 2550, you get to keep the 63 + (amount above 2500) should amzn >2500, you get 63 + 50 (2550-2500)
ET contracts I moved this morning and made ~100% per. I'm okay with quick doubles, but want to try and follow this to redo it. I am also watching PENN and BYD and got in on MGM contracts call for strike @ $17 early. Casino gaming plays are all contract plans but Boyd was mentioned before here @ ~$7.50, it was way back but looking good, assuming things roll out as planned should still be some decent opportunities short term, and then long term if it dips and you buy in just hold it (Penn / BYD). Right now though mainly looking at contract plays.
On this one definitely recommend their points over mine. Amazon has been really wild for sure. If I see anything I'll definitely mention it though.
Maybe zombie malls (and anchor retailers like Sears, Pennys, Nieman, etc...) are our zombie banks. This has been happening for more than 10 years.
sure looks like that MSFT is forming the handle to the cup-w-handle formation on less-than-normal volume. https://www.investopedia.com/terms/c/cupandhandle.asp As a stock forming this pattern tests previous highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher.A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. thus, this play
They have to prove they aren't owned or controlled by a foreign government. Not sure what all that entails. It could be as simple as "ok, we can do that" or "how the hell do you prove you're not controlled by some government?" BABA is the only one I'm worried about because it's really the only Chinese company I currently own. I'm too scared to own most of them for the reasons this bill exists. lol.
a good thing for my SBUX leap CALL 75/80 vertical spread. China doesn't have a monopoly on crooks. US has its share of corporate crooks Enron, worldcom, Qwest Communication, ZBest, Trump university, "'Pharma bro' Martin Shkreli, Bernie Madoff, etc
the front leg of this SBUX vertical call spread is itm, roll it up to aug 80 call for a small premium btc jun 77 call sto aug 80 call one more roll up of the front leg, for ~ $.20, the back leg will effectively become a no-cost LEAP 75 strike call option
I hate this stock almost as much as I hate not staying with Amazon under $100 -- and for the same reason. I bought this stock years ago in the $80's and again in the $90's. It went up over $200, then started tanking... I got stopped out in the $130s, I think. It dipped down into the $120's and then took off again to where it is now (over $230). I never really liked the company in terms of what they do. They basically run around tracking you and getting you to click ads, help propagate stupidity, while they rack up money, but hey, it's America, and it's capitalism, so... lol. Now they're into crypto with Libra, shopping now with Shopify, etc. They seem to be keeping the eyeballs glued onto their pages, and unlike Twitter, they're monetizing those eyeballs, etc. Their ad business is taking a hit during COVID-19, and they said they expect it to recover by 2021, but only COVID-19 can say if that's true. It'll be interesting to see how Libra takes off. Short-term, who knows, but as long as they can keep those eyeballs glued and monetized, they should be ok, and I'm kind of interested to see how they capitalize on the shopping and crypto. Sucks that I got stopped out months ago, though.
