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Post by sloop on Oct 1, 2010 12:23:48 GMT -5
If anyone has a pretty educated guess on this I sure could use the help. Thanks!
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Post by brosin on Oct 1, 2010 12:34:57 GMT -5
Fundamentally, CRM looks to be one of the most bloated stocks I've ever seen. No experience with it. BIDU is also at pretty lofty levels. Is there a choice C? Can I interest you in some exciting HPQ?  |
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Post by sloop on Oct 1, 2010 12:42:29 GMT -5
Thanks Bros......I've been eyeing HPQ if it comes down some more I'll pick some up. I just bought some of my famous BAC again this time to hold for longer then a week...LOL!!
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Post by brosin on Oct 1, 2010 12:50:14 GMT -5
Sure thing Sloop - reason I like HPQ here is that the downside risk is pretty fairly limited imo. So much bad news has already been thrown at the stock over the past month or 2.
Disclosure: I own it in real life in my IRA from $42.65 - haven't avged down although should've. Maybe I should if it drops under $40 again, which I kind of doubt unless it is for a short time.
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Post by drtracyb on Oct 1, 2010 13:42:35 GMT -5
If anyone has a pretty educated guess on this I sure could use the help. Thanks! My husband's thewizard.com website went short CRM on 9/29 at 113 and has been long BIDU since 84 with no recommend sell point. And now that I'm back on here to whine, I went long YRCW based on their recommendations when it passed 0.30 and am now stuck in yet another penny stock! |
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Post by sloop on Oct 1, 2010 13:45:04 GMT -5
thanks Tracy. What do you think about that site? is it worth joining? I am a member of Zacks and Vector Vest they both are worth the price.
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Post by timber on Oct 1, 2010 13:45:54 GMT -5
i think you will be fine with yrcw i bought in again to soon too
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Post by sloop on Oct 1, 2010 13:50:28 GMT -5
Tracy, does he have the Wizard Pro?
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Post by tajmahal9898 on Oct 1, 2010 13:54:11 GMT -5
sloop i know you don't play options..
i added HPQ Jan 12, 40/45 call spread in my other account for net 2.15 debit b/e 42.1... profit potential ~140%
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Post by sloop on Oct 1, 2010 13:59:37 GMT -5
thanks Taj, I have been trying to learn them lately....so I will be trading them by next year. Thanks for your insight.
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Post by brosin on Oct 1, 2010 14:02:32 GMT -5
thanks Taj, I have been trying to learn them lately....so I will be trading them by next year. Thanks for your insight. Even though I have not traded the positions nearly as much as I should, I have found my paper money Options Account very helpful for me as far as the learning curve goes. It's hard to get a feel unless you have "skin" in the game, even if fake skin. You should open up one of those in the Portfolio section of the Institute Sloop. Would probably help all of us to watch you go through the process. I've been trading only SPY options. |
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Post by drtracyb on Oct 1, 2010 14:52:53 GMT -5
i think you will be fine with yrcw i bought in again to soon too Thanks, yeah, I'm really annoyed. I had a stop set for 0.27 but pulled it after they announced the reverse split after hours because I didn't know how low they'd send it premarket. I just get sick of always making the wrong choice. |
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Post by drtracyb on Oct 1, 2010 14:58:27 GMT -5
thanks Tracy. What do you think about that site? is it worth joining? I am a member of Zacks and Vector Vest they both are worth the price. Well, so far I only bought yrcw and mu based on their signals. They only make calls once a day but have seemed to be dead on - if I had kept their stop in place on yrcw I wouldn't be down so much now. My husband likes it and I think he has done well. I've compared its calls to the calls on this board and it also seems to match what our gurus are saying. I don't know if it adds anything to what you already have, but I think you can do a free trial membership to check it out. |
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Post by snapplemoney on Oct 1, 2010 15:32:01 GMT -5
i like crm around the 109 110 range bidu will see 96 97 range maybe even 93. out of the two i like bidu base up valuation however crm shorts can move the stock on a good earnings report
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Post by drtracyb on Oct 6, 2010 12:40:47 GMT -5
Tracy, does he have the Wizard Pro? yes |
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Post by brosin on Oct 6, 2010 13:26:26 GMT -5
WOW - why is this plummetting today (CRM)?
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Post by brosin on Oct 6, 2010 13:31:17 GMT -5
Tracy, thanks for bumping this thread -
I just purchased some CRM calls and sold some puts on it. No idea what caused the drop other than that it just got too far ahead of itself. Stock is overvalued, but still.
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Post by timber on Oct 6, 2010 13:38:31 GMT -5
i saw that brosin ......why not buy the stock
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Post by brosin on Oct 6, 2010 13:39:39 GMT -5
Leverage - plus I'm toying in the options game so it's good practice.
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Post by ccash04 on Oct 6, 2010 13:46:18 GMT -5
Negative comments from one of the cloud companies about orders/margins/profitability in general.. Its a crowded space competing for not a whole lot of a pie (right now).
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