Archive 21

ClubHombre.com: -Off-Topic-: -Stock Market: What About That Stock Market?: Archives 21-30: Archive 21
By Ben on Monday, February 03, 2003 - 06:49 am:  Edit

Damn T-Bone was almost right on the money.

I was out of town last week and weekend so delayed announcment of T_Bone's victory.

I pick 8200 for this week.

By Ldvee on Monday, February 03, 2003 - 08:03 am:  Edit

Ben,

More about SURE, the guy who posted the following message knows SURE inside out.

http://messages.yahoo.com/bbs?.mm=FN&action=m&board=1603257715&tid=sure&sid=1603257715&mid=41684

SURE is my most speculative investment and with 10,300 shares, it's a rather large bet for me.

RMBS is an interesting story. Their patent litigation was just decided in their favor.

http://finance.yahoo.com/q?s=RMBS&d=c&k=c1&a=v&p=s&t=5d&l=on&z=m&q=l



By Ldvee on Monday, February 03, 2003 - 08:05 am:  Edit

8600 this friday

By Kendricks on Monday, February 03, 2003 - 08:54 am:  Edit

8001 for me. Even that seems optimistic compared to the way I feel. I have a very ominous feeling about the future for some reason...

By T_bone on Monday, February 03, 2003 - 10:15 am:  Edit

Dow 7900

By Ben on Tuesday, February 04, 2003 - 08:03 am:  Edit

Ldvee 8600 this friday

Ben pick 8200 for this week.

Kendricks 8001 for me.


T_Bone Dow 7900

By Kendricks on Tuesday, February 04, 2003 - 10:38 am:  Edit

These five week months are torture. Still another 13 days to expiration day....

By Ben on Tuesday, February 04, 2003 - 10:56 am:  Edit

I just bought back 10 QCOM Feb 42 1/2 calls for $150 that I had sold for $1095 on Jan. 7, 2003 and sold the Feb 37 1/2 calls for $1100.

Point is I am not going to wait until Feb.21 for expiration date. My break even on QCOM is $38.18 and I original paid (almost a year ago) $48.26.

BenwhoissickofthemarketandgoingtoTJtoday

By Ben on Wednesday, February 05, 2003 - 07:22 am:  Edit

Kendricks,

Something about your post regarding five week months continued to nag at me.

As I was climaxing with Sugar Pie's legs wrapped tightly around my waist yesterday, I realized there are only four weeks (28 days) exactly in February and five weeks has nothing to do with the third Friday in the month, but it really just depends on how quickly a Friday shows up in the month.

By the way, the new "love motel" La Mansion(sp?) is wonderful. What a place to cuddle up for the afternoon.

benwhofeelslikenitpicking

By Kendricks on Wednesday, February 05, 2003 - 07:28 am:  Edit

I hate these five week fiscal months. Is that better, for christ's sake?

I took a hard look at all of my holdings, and no transactions seem to make sense at this time (other than the BRCM deal I wrote about recently).

Typically, it seems to me that allowing options to expire worthless or be exercised is usually the best approach, unless the stock falls so far that the options are near worthless. Otherwise, you seem to be paying too much in the spread between the bid and the ask on the different months and strike prices to make the transactions worthwhile.

Or am I missing something?

By Ben on Wednesday, February 05, 2003 - 07:50 am:  Edit

I normally will pay .10-.15 to buy back an option and of course I only buy back if I still have several weeks before the option expires.

There are other exceptions, but no you are not missing anything.

If the first Friday falls on the first of the month the option expires on the 15th. I still see nothing that correlates between five week fiscal months and when the expiration date occurs.

By Kendricks on Wednesday, February 05, 2003 - 08:32 am:  Edit

God damn it, I hate months where the third Friday is five weeks after the third Friday of the previous month.

By Ben on Wednesday, February 05, 2003 - 08:38 am:  Edit

Oh

By Ldvee on Wednesday, February 05, 2003 - 07:01 pm:  Edit

This is a big deal for SURE. Probably why 11% pop today. Tip of the iceberg.

DEPARTMENT OF AGRICULTURE Animal and Plant Health Inspection Service 7 CFR Part 318 Fruits and Vegetables From Hawaii

--------------------------------------------------------------------------------

Story Filed: Wednesday, February 05, 2003 4:05 PM EST Washington, DC, Feb 05, 2003 (FedNet via COMTEX) -- We are amending the regulations to allow bell peppers, eggplant, mangoes, pineapple (other than smooth Cayenne), Italian squash, and tomatoes to be moved interstate from Hawaii if the fruits and vegetables undergo irradiation treatment at an approved facility. Treatment may be conducted either in Hawaii or in areas of the mainland United States where tropical fruit flies are not likely to become established. The fruits and vegetables will also have to meet certain additional requirements, including packaging requirements. This action relieves restrictions on the movement of these fruits and vegetables from Hawaii while continuing to provide protection against the spread of plant pests from Hawaii to other parts of the United States.

EFFECTIVE DATE: February 5, 2003. AGENCY: Animal and Plant Health Inspection Service, USDA. ACTION: Final rule. Copyright 2003 FedNet



Copyright © 2003, FedNet Government News, all rights reserved.

By Ben on Thursday, February 06, 2003 - 08:41 am:  Edit

OK Ldvee,

I am sticking my toe in the water for Sure.

I just bought 1,000 shares at $4.64.

Benwhousuallydoesn'tbuythiskindofcrap

By Ben on Thursday, February 06, 2003 - 09:56 am:  Edit

Maybe I should bail on SURE, I am already up $140 today.

Man is Sugar Pie going to be happy.

By Ldvee on Thursday, February 06, 2003 - 07:05 pm:  Edit

I'll try to keep you up-to-date. Start-ups can be profitable if they have a unique product and or service.

Check this out

http://www.msnbc.com/news/868725.asp?0cv=CB10

SURE has the fix.

By Ldvee on Friday, February 07, 2003 - 04:56 am:  Edit

Also, and this is perverse, if our enemies start contaminating the food supply with bacteria, well, we'll make some money. Jeez, I'm a pervert, don't tell the chicas, ah, go ahead, they already know, belly button sucker that I am.

Do some Google Internet research, plenty about food irradiation - soon to be called cold pasteurization.

By Ben on Friday, February 07, 2003 - 07:39 am:  Edit

Ldvee,

War is good for oil and bacteria fighters.

How about Raytheon?

From one pervert to another

By Ben on Friday, February 07, 2003 - 07:52 am:  Edit

T_Bone looking good today.

As of 7:52 PST Dow at 7907

By Kendricks on Sunday, February 09, 2003 - 09:11 am:  Edit

7240 for next week.

By Ben on Sunday, February 09, 2003 - 01:03 pm:  Edit

T_Bone official winner.

I pick 7500

By T_bone on Monday, February 10, 2003 - 12:15 am:  Edit

Dow 7369

By Ldvee on Tuesday, February 11, 2003 - 06:00 am:  Edit

Date__________DOW____________%
17-Aug-02_____8,778.06_____
24-Aug-02_____8,872.96______1.07
31-Aug-02_____8,663.50_____-2.42
08-Sep-02_____8,427.20_____-2.80
13-Sep-02_____8,312.69_____-1.38
21-Sep-02_____7,986.02_____-4.09
28-Sep-02_____7,701.45_____-3.70
05-Oct-02_____7,528.40_____-2.30
13-Oct-02_____7,850.29______4.10
18-Oct-02_____8,322.40______5.67
26-Oct-02_____8,443.99______1.44
02-Nov-02_____8,517.64______0.86
08-Nov-02_____8,537.13______0.23
15-Nov-02_____8,579.09______0.49
23-Nov-02_____8,804.84______2.56
29-Now-02_____8,896.09______1.03
08-Dec-02_____8,645.77_____-2.90
15-Dec-02_____8,433.71_____-2.51
27-Dec-02_____8,303.78_____-1.56
14-Jan-03_____8,785.98______5.49
18-Jan-03_____8,586.74_____-2.32
05-Feb-03_____8,026.04_____-6.99
11-Feb-03_____7,920.11_____-1.34

You guys are expecting a bad week. My bet is that the war crap is already priced in and that we'll have an up week.

DOW 8200

By Explorer8939 on Tuesday, February 11, 2003 - 06:27 pm:  Edit

SURE had a good day, I think Bin Laden is a shareholder.

By Ldvee on Tuesday, February 11, 2003 - 07:34 pm:  Edit

It would make sense, contaminate the food supply with bacteria and then make a bundle of money off of SURE. Osama, are you listening?

By Ldvee on Tuesday, February 11, 2003 - 07:36 pm:  Edit

P.S. I like the uptick on low volume.

It's a long shot.

By Ldvee on Tuesday, February 11, 2003 - 07:41 pm:  Edit

from another board

"Sure is on First Calls list of highest rated buys."

Don't know if it is true. Anybody have access to First Call?

sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money,sex&money

By Ben on Wednesday, February 12, 2003 - 04:01 pm:  Edit

Ldvee DOW 8200

Ben I pick 7500

T_Bone Dow 7369

Kendricks 7240 for next week

By Ben on Wednesday, February 12, 2003 - 04:02 pm:  Edit

Mid-Week Winner is ben

By Ben on Thursday, February 13, 2003 - 07:06 am:  Edit

Just fuckin great.

Surebeam is down AGAIN!!!

Should I buy some more of this great opportunity?

Ldvee, I need a pep talk.

By Ldvee on Thursday, February 13, 2003 - 08:04 am:  Edit

Ben I suggest you sell your house and put it all in SURE, live in your car for a while. There's no way this stock can lose. I bet, someday, this company will even make a profit. Doesn't everybody want to buy irradiated food?

Quit making that low risk, hedge your bets, chump change. 100% into SURE!!! Gopher it.

You'll be the king of the zone.

Come on Osama, contaminate our food supply with bacteria, please. Then we can Surebeam everything and Ben and I will be rich. I don't have to worry after years of eating pussy tacos and Coahuila oysters. My immune system can handle anything.

Ben, seriously, hang on until the FDA approves ready-to-eat meats for irradiation (hot dogs, cold cuts, etc.) It's been a long time coming, for the past two years the word has been next quarter. There will be a nice pop, and then you can take some profits and leave some for the long haul. That's my plan.

By Ben on Thursday, February 13, 2003 - 09:03 am:  Edit

I was just yanking your chain.

I might buy another 1,000 shares.

By Ben on Thursday, February 13, 2003 - 09:05 am:  Edit

Oh,

I am already "King of the Zona"

benwhohasgrandillusions

By Ldvee on Friday, February 14, 2003 - 06:05 am:  Edit

Good News!!!!!!

http://www.healthcentral.com/news/NewsFullText.cfm?id=511769

By Explorer8939 on Friday, February 14, 2003 - 12:32 pm:  Edit

"Kendricks 7240 for next week"

Gee, I hope he didn't short the market.

By Kendricks on Friday, February 14, 2003 - 01:49 pm:  Edit

No, I didn't. Read the archives; my methodology for investing consists entirely of buying stock in financially healthy companies at bargain prices, and then selling in the money call options against those shares.

I will engage in guessing on short term market movements for fun, and have even nailed the Dow exactly twice over the past year. I never put money on these guesses, though.

In fact, today's little surge was pretty nice for me. Should everything still be where it is now come expiration day next Friday, I'll be up about 16% on my money since July of last year, when I started this system. Thanks for your concern though.

You seem to know a lot about the market, and are certainly interested in it. How come you never make any Dow picks?

7462 for next week.

By Explorer8939 on Friday, February 14, 2003 - 02:16 pm:  Edit

I believe that short term share price movements are a random walk, and nobody can predict any of this consistently.

Sometimes I get a gut feel as to whether the market will be higher or lower tomorrow, and I am right about 50% of the time.

By Kendricks on Friday, February 14, 2003 - 03:11 pm:  Edit

That didn't respond to the question. Why don't you ever make any Dow picks?

By Explorer8939 on Friday, February 14, 2003 - 04:53 pm:  Edit

Cause I have no clue as to the short term movements of the market; neither does anyone else.

By Ben on Friday, February 14, 2003 - 05:00 pm:  Edit

Wrong Answer.

Dow 7700

By Ben on Friday, February 14, 2003 - 05:01 pm:  Edit

Ldvee Won

Congratulations

By T_bone on Friday, February 14, 2003 - 05:05 pm:  Edit

Dow 7581

By Ldvee on Friday, February 14, 2003 - 06:53 pm:  Edit

Explorer:

"Cause I have no clue as to the short term movements of the market; neither does anyone else."

duh, look at the numbers I post, +/- 2% max in one week is always a good bet.

See, now even you, and other mathematically challenged losers have a clue. I say losers in a Milkman way.

7,909 + 2% = 8067 next week is a high optimistic guess,

By Ldvee on Friday, February 14, 2003 - 06:58 pm:  Edit

Ben,

http://www.fsis.usda.gov/OPHS/lmrisk/DraftLm21403.pdf

The euphemism for irradiation in this report is "post-packaging intervention"

By Ben on Friday, February 14, 2003 - 07:53 pm:  Edit

Fuck You Ldvee.

I was told by a reliable source that the people of the midwest are not going to buy into hamburger that has been electrocuted.

Benwhohasfoundanothertaxwriteoff

By Ldvee on Saturday, February 15, 2003 - 06:07 am:  Edit

mmmm, I like it when you get mad, so you sold for less than you bought, eh? Bad boy, you're not supposed to do that.

By Ben on Saturday, February 15, 2003 - 08:52 am:  Edit

I still own it because I need more tax write offs.

By Ldvee on Saturday, February 15, 2003 - 10:14 am:  Edit

Some day you'll have to explain how it pays to lose money, never really understood that.

By Ben on Saturday, February 15, 2003 - 05:04 pm:  Edit

Yeah, I agree , but is does soothe the lost a little bit when you can write it off.