6/10/11: why we still have a long way down to go

[brosin]

Do you think that ANY buyers of the last 6-12 months are going to end up staying green on anything?

Easy answer is no. I don't expect DRV to ever go green for me (decay has been remarkable), but I expect it to get into the single digit % loss for me at some point... PCLN and NFLX will eventually go green. I'll probably still get out too early as usual whenever I do it

my big 3 in my monopoly world (have grown to be beasts of positions):

DRV (shares) 104000 (avg cost) $17.34 (current price) $13.75 (current market value) $1,430,000.00 (total cost) $1,802,888.00 (current loss) -$372,888.00 (current loss%) -20.68%
12/10/10 7500/$20.32
12/14/10 7500/$19.73
12/22/10 15000/$18.75
12/27/10 7500/$18.66
12/28/10 7500/$18.25
1/11/11 7500/$18.62
1/20/11 7500/$17.72
1/27/11 7500/$16.40
2/22/11 7500/$15.20
3/11/11 7500/$15.15
3/15/11 7500/$16.10
3/15/11 7500/$15.90
5/2/11 7500/$11.82

NFLX (sh) -5500 (avg) -$223.03 (current price) ) $260.25 (current mkt value) -$1,226,677.00 (cost) -$1,431,375.00 (unrealized loss) -$204,698.00 (unrealized loss%) -16.69%
3/10/11 500/$195.15
3/10/11 500/$202.15
3/15/11 500/$207.00
3/15/11 500/$214.15
3/16/11 500/$215.35
3/16/11 500/$216.10
3/21/11 500/$214.70
4/13/11 500/$233.75
5/13/11 500/$246.00
5/23/11 500/$242.25
6/6/11 500/$266.60

PCLN (sh) -3250 (cost) -$459.77 (current price) $494.27 (current mkt value) -$1,494,240.00 (total cost) -$1,606,377.50 (unrealized loss) -$112,137.50 (unrealized loss%) -7.50%
12/3/10 250/$406.20
12/28/10 250/$406.00
1/5/11 500/$427.50 [/b]
2/16/11 250/$458.10
3/10/11 250/$461.15
3/10/11 250/$466.90
3/16/11 250/$455.50
3/17/11 250/$455.50
3/21/11 250/$455.50
4/11/11 250/$506.30
4/13/11 250/$511.40
5/3/11 250/$539.10

[brosin]

going to continue tracking those 3 positions with this thread while labelling the entries as being currently green or currently red

before the market turns, I expect all the entries on NFLX and PCLN to go green... it won't be before that

[timber]

where do yu think we bottom brosin.....

[Clinton SPX]

I think we bottom with the American worker making the same as the Chinese worker

[commodityypro]

Jun 10, 2011 10:53:05 GMT -5 Clinton SPX said:

I think we bottom with the American worker making the same as the Chinese worker

lol

Me love you long time Clinton!

[brosin]

Jun 10, 2011 10:48:47 GMT -5 timber said:

where do yu think we bottom brosin.....

1130/50 is where I hope the bleeding stops - I had these targets before I really believed we were in a double dip recession though, so I'm not sure if that will end up being the final pain... but I will be hoping to get long there again should lending markets start improving at all. Hoping it does, but not expecting it to at this point

I have not deviated from 1130/50 in quite some time

fastopia.proboards.com/index.cgi?action=gotopost&board=exchange&thread=7543&post=178199
fastopia.proboards.com/index.cgi?action=gotopost&board=exchange&thread=20210&post=185921
fastopia.proboards.com/index.cgi?action=gotopost&board=exchange&thread=22393&post=206197

[brosin]

no entries have gone green today

BUT my PCLN short is only down about -5% / -$87K now overall.... it was a massive massive MASSIVE loss for a long time, about 3-4x the current unrealized loss

[dzech00]

Jun 13, 2011 11:49:40 GMT -5 sloop said:

I think we bottom when we drop the bomb on China

Sloop, do you mean "THE" actual bomb, or some kind of currency or trade figurative bomb?

[Clinton SPX]

I think the bomb=massive shit

[herceg1967]

Jun 13, 2011 11:49:40 GMT -5 sloop said:

I think we bottom when we drop the bomb on China

Let me know how that works, whey the flag changes to RED and we start speaking Chinese.............

China would eat us alive.............so be careful what you wish for........

JMO and BOL...............

[brosin]

Jun 10, 2011 10:37:27 GMT -5 brosin said:

PCLN (sh) -3250 (cost) -$459.77 (current price) $494.27 (current mkt value) -$1,494,240.00 (total cost) -$1,606,377.50 (unrealized loss) -$112,137.50 (unrealized loss%) -7.50%
12/3/10 250/$406.20
12/28/10 250/$406.00
1/5/11 500/$427.50
2/16/11 250/$458.10
3/10/11 250/$461.15
3/10/11 250/$466.90
3/16/11 250/$455.50
3/17/11 250/$455.50
3/21/11 250/$455.50
4/11/11 250/$506.30
4/13/11 250/$511.40
5/3/11 250/$539.10

Think PCLN is going to $455.50? I do! Take a close look LOL ;D

[brosin]

one of my PCLN entries (the 3/10/11 one) went green today... still quite a few more to go...

[sloop]

Im getting in your camp Bros.

[brosin]

Jun 13, 2011 14:10:12 GMT -5 brosin said:

Jun 10, 2011 10:37:27 GMT -5 brosin said:

PCLN (sh) -3250 (cost) -$459.77 (current price) $494.27 (current mkt value) -$1,494,240.00 (total cost) -$1,606,377.50 (unrealized loss) -$112,137.50 (unrealized loss%) -7.50%
12/3/10 250/$406.20
12/28/10 250/$406.00
1/5/11 500/$427.50
2/16/11 250/$458.10
3/10/11 250/$461.15
3/10/11 250/$466.90
3/16/11 250/$455.50
3/17/11 250/$455.50
3/21/11 250/$455.50
4/11/11 250/$506.30
4/13/11 250/$511.40
5/3/11 250/$539.10

Think PCLN is going to $455.50? I do! Take a close look LOL ;D

PCLN just printed $455.50...

and I am 1% green on this trade - you can see how many entries and how long this has taken... but it has come around (even faster than i would've thought as of only a couple weeks ago).

i'm going to be able to escape from the short PCLN deathtrap!!!

NFLX will be next..

[sloop]

BIDU is getting hammered