(05:47 am) JoeyTSA :early gap up:
YELP.EXPR.INTC,OPEN
(05:48 am) JoeyTSA
:early gap down: FNSR
(05:49 am) JoeyTSA
:/NQ 3760-376; /ES1920-1927; /CL
106.70-107.00
(05:50 am) JoeyTSA :thats /Q
3760-3767
(06:02 am) JoeyTSA :/NQ pushing
thru 3770
(06:29 am) Mitch King:Premarket
UP: OPEN, ICLD, EXPR, LIVE, YELP, GRUB,
NKTR, CNAT, INTC, ARO, STV, GRPN, P, ZPIN,
PGNX Premarket DOWN: XOMA, GNC,
FNSR
(06:31 am) Mitch King:watching MEOH
for top
(06:31 am) Mitch King:watchin ACN
for short
(06:31 am) Qwert :watching
ACN
(06:33 am) Mitch King:watching
CAVM
(06:33 am) Mitch King:monitoring
MELI
(06:33 am) Mitch King:watching TWTC
for top to short
(06:33 am) Mitch
King:watching TRIP for more
downside
(06:34 am) Mitch King:WDC
trending up
(06:35 am) Mitch King:GILD
selling down
(06:35 am) Mitch King:FSLR
moving
(06:35 am) Mitch King:watching
TMUS, T Mobile
(06:35 am) Mitch
King:watching YELP breakout higher
(06:36
am) Mitch King:ZBRA turning down,
downgrade
(06:37 am) Mitch King:ANF
moving
(06:37 am) Mitch King:GNC
bouncing
(06:38 am) JoeyTSA :eye on
YELP
(06:38 am) Mitch King:ACHN
approaching low of day
(06:39 am) Mitch
King:watching PCLN drop, high priced
stock
(06:40 am) Mitch King:ACHN should
drop faster
(06:40 am) Mitch King:ACHN new
low
(06:40 am) Mitch King:watching QIHU
drop
(06:41 am) Mitch King:more downside
with ZBRA
(06:42 am) Mitch King:charts
look like it is believable on 1 min
(06:42
am) Mitch King:TWTC buy out rumor by
LVLT
(06:43 am) Mitch King:monitoring
AFOP
(06:43 am) Mitch King:NQ down, not
interesting yet
(06:44 am) Mitch King:new
high on STX, moving
(06:45 am) JoeyTSA
:UofM in 10min
(06:45 am) Mitch King:WDC
uptrend continuing
(06:45 am) Qwert
:monitoring LULU
(06:45 am) Mitch
King:monitoring WBMD
(06:46 am) JoeyTSA
:YELP giving trades
(06:47 am) Qwert
:monitoring NKTR
(06:48 am) Mitch
King:watching SINA drop
(06:51 am) JoeyTSA
:eye on ALK
(06:52 am) JoeyTSA :opx
reminder, watch the 0’s and 5’s on big
names…UofM in 2min
(06:55 am) Mitch
King:6/13/2014 6:55:07 AM *(US) JUN
PRELIMINARY UNIVERSITY OF MICHIGAN
CONFIDENCE: 81.2 V 83.0E- Current conditions:
## v 94.5 May final reading – Expectations:
## v 73.7 May final reading – 1 yr median
inflation expectations at % v 3.3% May final
reading – 5 yr median inflation expectations
at % v 2.8% May final reading – Source
TradeTheNews.com
(06:55 am) Mitch
King:81.2 vs 83 Univ Mich
(06:56 am)
Mitch King:more downside with WDC
(07:00
am) Mitch King:monitoring NKTR for
short
(07:01 am) Mitch King:TRLA turning
down, missed top to short, watching for
rebound to short into
(07:02 am) Mitch
King:new low on ACHN
(07:02 am) Mitch
King:quite a bit of downside potential on
TRLA
(07:03 am) JoeyTSA :tighten YELP if
short
(07:10 am) Mitch King:not expecting
tradable bounce in TRLA yet, expecting more
downside
(07:12 am) Mitch King:ACHN
continues selling down as people who are long
see it is no longer moving up so they
sell. Its also a Friday and market has
been turning down last few days, plus its a
Friday so they want to capture
profits
(07:13 am) Mitch King:starting to
monitor ANIK drop
(07:25 am) Mitch
King:HPQ strong uptrend
(07:25 am) Mitch
King:monitoring ARWR, has dropped a lot today
and yesterday,
(07:35 am) Mitch
King:sorry
(07:35 am) Mitch
King:cree
(07:52 am) Mitch King:MRD ipo
opened
(07:55 am) Mitch King:CMI
(08:44
am) JoeyTSA :XONE, slight spike
(08:45 am)
Mitch King:monitoring JNUG
(09:16 am)
Mitch King:IGT
(09:17 am) JoeyTSA :BYI
also
(09:41 am) Mitch King:ACHN is a
continuation of a swing short, not an idea
for a long scalp
(09:41 am) Mitch King:new
low on ACHN
(10:37 am) JoeyTSA
:IDCC
(10:49 am) Mitch King:IDCC Nokia has
reportedly prevailed in an ITC patent case
against InterDigital; ZTE and Nokia were
found not to violate patents in this
preliminary ruling – press**Reminder: in
February the evidentiary hearing commenced in
ITC investigation of InterDigital compl
more… ( – Source TradeTheNews.com
(11:02
am) Mitch King:new low on IDCC
(11:09 am)
Murano :watching SPWR
(11:18 am) JoeyTSA
:APC vol spike
| (05:29 am) Qwert :Good morning
Murano
(05:29 am) JoeyTSA :Good morning
Murano,Qwert
(05:30 am) JoeyTSA :reports
out now, UofM #’s @ 6:55pdt
(05:38
am) Murano :good morning
(05:45 am)
toby1115 :gm
(05:50 am) Qwert :Good
morning Joey, toby
(05:50 am) JoeyTSA
:/NQ
(05:50 am) Qwert :PCLN buying OPEN
for 103.00 a share
(05:51 am) JoeyTSA :thx
Qwert, figured something was up
(05:51 am)
Qwert :thats a pretty big premium to where
its trading at
(05:52 am) JoeyTSA :sure
is
(06:00 am) skydiver :Yelp up 9.6%
after OpenTable acquired by Priceline
:theflyonthewall.com
(06:00 am)
skydiver :gm all
(06:01 am)
skydiver :I’m only here till 6:25am
today — back later around 10:30
(06:01
am) skydiver :Happy Friday 13th
🙂 Always been great day for me for
some reason 🙂
(06:02 am) JoeyTSA :forgot
all about that
(06:02 am)
skydiver :Cramer discusson with Iraq
situation . . may be good time to sit on
sides for a bit
(06:02 am) Qwert :i just
realized it as well not
superstitious
(06:03 am) skydiver
:me neither qwert — another day
(06:03
am) JoeyTSA :me either
(06:03 am) JoeyTSA
:i just watch out for the crazy superstitious
people
(06:03 am) Qwert :yeah
Joey
(06:03 am) skydiver :right –
they could cause issues
(06:03 am) JoeyTSA
:walk down to the corner with a
ladder…
(06:04 am) JoeyTSA :then as cars
pass by, walk under it haha
(06:04
am) skydiver :to funny
(06:04 am)
Qwert :lol
(06:04 am) JoeyTSA :step on all
the cracks on the sidewalk too 🙂
(06:05
am) Qwert :We had an exchange student live
with us she would put little pieces of red
paper all over her bedroom and even in her
shoes. said it was for good luck
(06:06
am) skydiver :humm — wonder if candy
apple red, or cranberry red or is best?
🙂 🙂
(06:06 am) JoeyTSA :you should see
all the whackjobs at the racetrack with their
good luck rituals
(06:06 am) Qwert :it was
cranberry red sky hahaha
(06:06 am)
skydiver :lol 🙂
(06:07 am)
skydiver :When I was in sales, I had a
fellow salesman always wear his red plaid
sports jacket — it was his good luck
coast
(06:07 am) skydiver
:coat
(06:07 am) Qwert :hahaha
(06:08
am) skydiver :actually – customers came
in and thought he was weird and came to me
instead . . so it was a great coat for me
:)(
(06:08 am) JoeyTSA :you should have
hit him with a bat, then asked if it
was still his lucky jacket
🙂
(06:08 am) skydiver ::)
(06:08
am) Qwert :hahahaa
(06:08 am) JoeyTSA :i
knew a guy at the track at
saratoga…
(06:08 am) JoeyTSA :would only
bet a horse that took a crap in the
paddock haha
(06:09 am) Qwert :for
real?
(06:09 am) JoeyTSA :if they did it
on the track, he would cancel his
bet
(06:09 am) JoeyTSA :yeah
(06:09 am)
skydiver :wow – crazy – I’m falling off
my chair laughing so hard
(06:09 am) Qwert
:oh my gosh
(06:10 am) JoeyTSA :people are
funny, another will always put a bet on
a grey horse
(06:10 am) skydiver
:news flash hit my iphone – Secretary of
State Kerry: Expect “timely decisions” from
Obama on Iraq
(06:10 am) JoeyTSA
:timely:obama hahahahaha
(06:11 am)
skydiver ::)
(06:12 am) JoeyTSA
:watching /CL here
(06:12 am) Qwert :So
does that mean hes making a decision by the
end of the month?
(06:12 am)
skydiver :Gm – recall for all current
Chev Cameraros 2010 – 2014
(06:12 am)
JoeyTSA :GM is a mess
(06:12 am)
skydiver :sure is
(06:13 am)
skydiver :I have an older Yukon 2006 –
glad it’s not a newer one
(06:13 am)
JoeyTSA :i still have my 1999 isuzu
trooper
(06:13 am) JoeyTSA :84K on
it aha
(06:13 am) skydiver
:with gas going up – going to ride my Harley
more now – good job joey – 84 only?
wow
(06:14 am) JoeyTSA :yeah
(06:14 am)
skydiver :I put 84,000 on my rigs in 6
months 00 good job
(06:14 am)
skydiver :or I should say — I used to
do that
(06:14 am) JoeyTSA :everything
close here, plus work/gym from home
(06:15
am) skydiver :nice
(06:17 am)
skydiver :CNBC – tons of people were
short on OPEN – Cramer chat
(06:19
am) JoeyTSA :also putting FB on
radar
(06:21 am) skydiver :TSLA –
allowing their patents to be used by others .
. said they will not sue or go after those
who use their patents responsibly – quite the
reversal
(06:22 am) JoeyTSA
:interesting
(06:22 am) skydiver
:Tesla CEO Elon Musk said in a blog post,
“Yesterday, there was a wall of Tesla patents
in the lobby of our Palo Alto headquarters.
That is no longer the case. They have been
removed, in the spirit of the open source
movement, for the advancement of electric
vehicle technology
(06:23 am)
skydiver :wish I could trade at opening
. . have to leave . . see ya guys later – do
well 🙂 $$$
(06:24 am) JoeyTSA :have
a godd one sky
(06:24 am) skydiver
::) should be back 10:30am –
hopefully — 🙂
(06:24 am) skydiver
:ok – I’m gone
(06:25 am) Qwert :bye sky
cya later
(06:47 am) JoeyTSA :if new highs
all across cant be made, might make sense to
look for shorts
(06:52 am) Mitch King:plus
its a Friday joey, usually gets
selling
(06:52 am) JoeyTSA :mentioned ALK
ysterday or weds, they approved 2:1
split
(06:52 am) JoeyTSA :and opx
Mitch
(06:54 am) JoeyTSA :YELP having
issues around $75 so far
(06:55 am)
JoeyTSA :thx Mitch
(07:09 am) JoeyTSA
:have to run for a bit, hope to be back in
90 good trades, thanks
(07:09 am)
Mitch King:k jo
(07:10 am) Qwert :enjoy
joey
(07:18 am) Qwert :TWTC new
hod
(07:32 am) Mitch King:new low on
ARWR
(07:32 am) Murano :monitoring
HTZ
(07:48 am) Qwert :Murano did you short
HTZ?
(07:48 am) Murano :yes
(07:48 am)
Qwert :nice i was waiting for 27.50 area and
missed entry
(07:49 am) Murano :looking
for 26.70/75 area
(07:49 am) Qwert :looks
good to me
(07:51 am) Murano :reduce HTZ
if short
(07:54 am) Murano :covered last
1/4 HTZ
(07:57 am) Qwert :YELP back up to
75
(08:05 am) Qwert :CREE still grinding
higher
(08:18 am) Murano :nice bounce
ARWR
(08:25 am) Qwert :Going to the gym
back in awhile
(08:26 am) Murano :look at
the KPTI chart
(08:28 am) Murano :that is
not a recommendation for short or long
KPTI
(08:39 am) rd :stepped out to
shoot a rattle snake. did i miss
much?
(08:39 am) Murano :no rd you
didn’t miss much
(08:45 am) JoeyTSA :XONE,
nothing exciting yet
(08:45 am) JoeyTSA
:dumb scaling switched so it looked bigger
than it was
(08:46 am) JoeyTSA :eye on
BIDU $177
(09:03 am) JoeyTSA :tighten BIDU
if you took it lng
(09:03 am) Murano
:monitoring SYY
(09:03 am) rd :got a
DR. appt. see you all on monday
(09:03 am)
JoeyTSA :i didnt get BIDU, moved b4 i got
in
(09:03 am) JoeyTSA :enjoy the weekend
rd
(09:04 am) rd :same to
you
(09:17 am) JoeyTSA :same
sector
(09:19 am) JoeyTSA :wtching /CL
$107 level too
(09:20 am) Murano :not
enough drop in SYY to consider a
long
(09:33 am) Mitch King:the XOXO spike
is from positive mention from brokerage
firm
(09:33 am) Mitch King:sorry, guest on
CNBC
(09:42 am) Mitch King:is Qwert still
exercising? he is short ACHN
(09:48
am) JoeyTSA :didnt know Qwert started
exercising haha
(09:51 am) JoeyTSA
:KPTI on nice run
(09:53 am) Murano :KPTI
developing a myeloma drug
(09:54 am)
JoeyTSA :ahhh, thanks
(09:55
am) JoeyTSA :think i am taking an early
lunch, back in a little while
(10:18 am)
Murano :monitoring SYY again possible
long near 36.60 with more volume
(10:36
am) JoeyTSA :Murano, did you catch that short
on KPTI
(10:37 am) Murano :no
(10:37
am) JoeyTSA :i was gone, nice setup off at
dbl top with neg div
(10:42 am) Qwert
:Back from he gym
(10:43 am) JoeyTSA :nice
nap? 🙂
(10:43 am) Qwert :just did a
killer spin class and body pump
class
(10:43 am) JoeyTSA :real
cool
(10:44 am) JoeyTSA :body pump: lots
of reps correct
(10:44 am) Qwert
:yeah
(10:44 am) JoeyTSA :think its based
off of Les Mills program
(10:44 am) Qwert
:weight bands, kettle bell and
dumbells
(10:44 am) JoeyTSA :nce
(10:45
am) Qwert :and alot of plank and
pushups
(10:45 am) JoeyTSA :love
it
(10:45 am) JoeyTSA :IDCC drop due to
loss in a patent deal?
(10:46 am) Qwert
:Wow on kpti
(10:46 am) JoeyTSA :yeah, big
move
(10:49 am) Qwert :ACHN looking good
Mitch, are you holding over the weekend
?
(10:50 am) Mitch King:yes i am holding
ACHN over weekend, prob tues-wed
(10:50
am) Qwert :okay will you trim at 6
area?
(10:50 am) Mitch King:i did cover
whole position on retest of low and just
started shorting again
(10:50 am) Qwert
:ah okay
(10:50 am) Mitch King:around
6.30-632
(10:51 am) Mitch King:i just keep
looking at that daily chart and feel odds are
high it drops to mid $5’s
(10:51 am) Mitch
King:that would be another 12-13%
profit
(10:51 am) Qwert :right looks like
a lot of room on the daily
(10:52 am)
Mitch King:yeah plus you can see people are
not interested in bidding it up, no life to
it. thats good for us as short
sellers
(10:52 am) Mitch King:a lot of
people rotate into the next trade idea and
those who were mauled by going long on ACHN
just go crawl in a hole with their
losses
(10:53 am) Qwert :hahaha i
get that have done it myself
(10:55 am)
Murano :weak bounce SYY keep tight
stop
(11:03 am) Qwert :new low on
IDCC
(11:09 am) JoeyTSA :leaving in about
45 minutes, but want to leave you all a
little laugh for the weekend
:)…..
(11:09 am) JoeyTSA
:http://www.youtube.com/watch?v=I03UmJbK0lA(11:09 am) skydiver :and just when I
got back joey 🙂 have a great week-end
joey
(11:09 am) JoeyTSA :im still
hee
(11:09 am) JoeyTSA :here
(11:10 am)
skydiver ::)
(11:11 am) Qwert :that
was funny Joey
(11:11 am) JoeyTSA :im
crying hahhaa
(11:15 am)
skydiver :IDCC – nice bouince
(11:15
am) skydiver :thnx for whoever called
IDCC
(11:17 am) skydiver :SPY moving
up
(11:19 am) Murano :out all
SYY got impatient
(11:21 am)
skydiver :3/4 out of IDCC
here
(11:22 am) skydiver :watching
APC closer
(11:24 am) skydiver :all
out of IDCC long
(11:30 am) JoeyTSA
:another spike on KPTI also
(11:32 am)
skydiver :;monitoring TWTC – strong
this morning it looks like
(11:32 am)
Murano :reduce SPWR if short
(11:35 am)
Murano :looking for 35.20 last 1/4
SPWR
(11:40 am) JoeyTSA :Thanks
Mitch,Murano,Qwert,everyone
(11:40 am)
JoeyTSA :enjoy the weekend, see you all on
monday
(11:40 am) Murano :covered last 1/4
SPWR
(11:40 am) skydiver :Enjoy Joey
— see ya Monday
(11:41 am) Murano :see
you Joey
(11:44 am) skydiver :TIBX
back up to opening price – resistance
here
(11:46 am) skydiver :TRYUE –
small spike
(11:46 am) skydiver
:TRUE – sorry
(12:02 pm) Murano :SYY made
it to 37 should have been more
patient
(12:03 pm) Murano :done for the
day, have a good wekend, see you
Monday
(12:04 pm) skydiver :Take
care Murano – have a great weekend
(12:04
pm) Mitch King:thanks murano
(12:04 pm)
skydiver :Happy Father’s day as
well
(12:04 pm) skydiver :to thoe
who are fathers 🙂
(12:07 pm)
skydiver :SPY – leg up
(12:15 pm)
Qwert :KPTI still moving
(12:24 pm)
skydiver :KPTI – awesome
qwert
(12:25 pm) skydiver :looking
at daily on KPTI
(12:27 pm) Mitch King:you
guys watching news on the Iraqi
fighting? the Iraqi troops that US
trained took off their American military
uniforms and deserted, blended in with the
population
(12:27 pm) Mitch King:we saw
that in the last two Iraqi wars as
well
(12:28 pm) skydiver :right
Mitch – not good picture in Iraq for
sure
(12:28 pm) skydiver :wow on
KPTI
(12:29 pm) skydiver :Taking 3/4
off the table on KPTI to lock in
profits
(12:29 pm) Mitch King:[KPTI]
Announces First Combination Data of Selinexor
With Low-Dose Dexamethasone in Heavily
Pretreated Multiple Myeloma PatientsAnnounced
initial Phase 1 data from patients with
multiple myeloma treated with Karyopharm’s
lead se – Source TradeTheNews.com
(12:29
pm) skydiver :thnx Mitch
(12:29 pm)
Mitch King:KPTI is going to be another
bullshort next week
(12:30 pm) Mitch
King:at least it will be an excellent day
trading stock
(12:30 pm) skydiver
:looks like it Mitch
(12:32 pm)
skydiver :out last piece of KPTI
long
(12:32 pm) Mitch King:KPTI has 10.67
mil shares in float, which isnt much,
that means volatility will be high
(12:37
pm) Mitch King:there are is a real big spread
sometimes on this KPTI so watch out for
market orders, lot of sharks will rip you off
on your orders on market orders
(12:37 pm)
Mitch King:i see lot of 25-30 cent
spreads
(12:37 pm) skydiver :gotcha
Mitch . . thnx
(12:39 pm) Mitch
King:should see some selling on
KPTI
(12:40 pm) Mitch King:remember its
friday, the stock is up 95% today alone, you
dont want to be speculating long this late in
day either
(12:41 pm) skydiver :do
not want to go thru week-end with Iraq
situaton going on for sure
(12:41 pm)
skydiver :holding longs
(12:42 pm)
Mitch King:see that KPTI spread?
sometimes 60 cents
(12:42 pm)
skydiver :yes
(12:42 pm) Mitch
King:right here is 42 cents
(12:42 pm)
Qwert :huge spread
(12:43 pm) Mitch
King:just make sure dont buy long here, there
isnt enough time left to make it work out
plus it is dropping hard, could hit
42.50
(12:47 pm) skydiver :Okay –
I’m going to wrap it up here — 4 solid wins
zero losses this afternoon . . . don’t want
to do something I’d regret 🙂
Thanks and have a great week-end – Happy
Father’s day and see you guys Monday
🙂
(12:48 pm) Qwert :Happy Fathers Day to
you as well SKy
(12:51 pm) Qwert :Bye
everyone have a great Fathers Day
Weekend
(12:53 pm) Mitch King:later guys,
same to you qwert
|
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