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What are you holding?

Rawr

Gold Contributor
Speedway Pass
Aug 12, 2007
1,818
1,688
454
south florida
Post any positions that you are holding and reactions.

Just sold LVS last week so right now in Cash.

Watching:

XOM (did well recently)
WYNN and LVS (both gained over last few weeks)
 

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MrDoctor

New Contributor
Aug 13, 2007
76
8
12
Post any positions that you are holding and reactions.

Just sold LVS last week so right now in Cash.

Watching:

XOM (did well recently)
WYNN and LVS (both gained over last few weeks)
I've been holding RAD for quite some time :smxB:.
 

kidgas

Contributor
Jul 25, 2007
532
49
33
Indiana
DRYS: Play on the globalization of trade
CELG: Biotech with recent strength..just a collar trade
BTU: Energy play in retirement account...have owned for almost 2 years
IMCL: recent strength..collar trade
GILD: another collar
HAL: oil service important in searching for that high priced oil
CTXS: collar trade
CHK: love natural gas heading into winter..hoping for a cold one
GG: need I say anything about gold and fiat currency
PAAS: same as above
YHOO: possible turn around story
WDC: improving tech cycle
VCLK: collar play but ?? buyout candidate...feel 20 represents support
 

DustinS

New Contributor
Aug 11, 2007
31
1
9
34
I'm holding ETFC and WM.... SHORT!!! Hah glad I am too, I suspect this market is swirling the bowl now.
 
OP
OP
Rawr

Rawr

Gold Contributor
Speedway Pass
Aug 12, 2007
1,818
1,688
454
south florida
Wow, what a day, every single one on my screen red.

Anyone selling like right now and running?
 

piranha526

Contributor
Aug 20, 2007
112
23
23
New Jersey
NOTE: I have tightened stops in several of the positions.
Yesterday is why I tightned my stops. It was mostly a red sea on my screen! But, we knew the pullback was coming. I explianed it in detail on a blog post last week and updated it today. I tightened my stops due to those reasons explained. If anyone is interested, you know where to find my work. I am not going to repeat here in the forum (too long and too boring).

Don't panic, follow your rules and you will be fine. A lot fo people are now in panic mode. it will be interesting to see the Monday morning open. Don't sell at the open, wait for the first 10am (or so) bounce and unload IF THAT IS YOUR PLAN.
 
OP
OP
Rawr

Rawr

Gold Contributor
Speedway Pass
Aug 12, 2007
1,818
1,688
454
south florida
What I am worried about is that this crap will offset a great quarter earnings report and will not move the stock down - I saw a few companies that did well yet their stock didn't go anywhere.
 

DustinS

New Contributor
Aug 11, 2007
31
1
9
34
Hmm CFC earnings are on the 26th, that could be a very nice short :O. Should be trading down in NFI's range any week now....
 

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randallg99

Bronze Contributor
Aug 9, 2007
1,390
179
92
NJ
I am loaded with Nov and Dec DRYS calls which are very in the money.

After paper trading some of Kidgas` and The Edge`s strategies, I started pulling the triggers on the long side only to find myself wrapped up in profits before the end of the day. When I found myself ready to hedge the gains, the profits kept climbing. At this juncture, I will probably start looking to close out the Nov calls.
 

kidgas

Contributor
Jul 25, 2007
532
49
33
Indiana
Congrats, randall. One of the important things you mentioned is hedging the gains. I think it is important to lock in some profits while giving a stock some room to run. However you choose to do this is up to you, but if I have learned nothing else over the last several years, it is do not lose your capital.

I picked up some CY today purchasing Nov 30 puts and waiting for a little bump in price to sell the Nov 35 calls. Goal is to gain just over 4% for the month.
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
29,207
100,747
3,751
Fountain Hills, AZ
I picked up more NSIT today during its dip ... earnings November 1st. The stock has held nicely during the downturn with down day volume very light.

Congrats to all the folks playing the options. Keep the stories coming!:smxG:
 

DustinS

New Contributor
Aug 11, 2007
31
1
9
34
I picked up RIMM today. Was thinking about buying the LFT ipo at 25$ but didn't :(. Would've made a easy 40% right there if I did counting afterhours, but o well....
 

Edge

Contributor
FASTLANE INSIDER
Summit Attendee
Sep 20, 2007
349
71
59
43
Kansas
Not holding it yet, but i'm considering getting out of my element and getting long EJ. Probably either straight calls or a debit call spread.
 

piranha526

Contributor
Aug 20, 2007
112
23
23
New Jersey
I am holding VMW into earnings today. Not so comfortable. I am using calls on the long side and distant puts to lower risk. You can say it's an odd long straddle.
Well, it worked out for the better but I was still uncomfortable, not with my risk but with the idea of the type of trade I put on.

I have been accumulating long term calls in BX for late 2008 and early 2009. Two choices here: execute the shares and hold them or take the gains in the options. I like the company long term.
 

imirza

Contributor
Jul 29, 2007
227
91
48
98
Picked up some STV the last few days. China play.

Buying INAP going into earnings.

May buy some VDSI. Lots of growth ahead. Selling is overdone.
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
29,207
100,747
3,751
Fountain Hills, AZ

piranha526

Contributor
Aug 20, 2007
112
23
23
New Jersey
Chris, does that mean you're a buyer?
MJ,
If I can get in early enough, yes I am a buyer. $12-$14 is the target open area with anything under $20 a solid entry. You never know; it could open and blast to $30 before an order from a small timer like me gets filled.

I am still holding this month's VMW calls. Bought them when the stock was trading $100; now at $120. Maybe I am getting greedy but a quick pump can launch this sucker to $140 (that would be an amazing move for my calls). My protective puts are worthless but they were only insurance.

Still accumulating BX for the longer term and holding several others.
 
T

TheGreatBear

Guest
I have considered putting some money into silver.

What did you buy/what symbol? Silver ETF?
No I have some pennies in a forex acct and bet on it.(the amount is a small fraction of my total portfolio so no matter)
Unfortunately oil fell a lot yesterday :(. Was slaughter day for metals.
Looking good now(Currently 9:15 am GMT )
 

randallg99

Bronze Contributor
Aug 9, 2007
1,390
179
92
NJ
I have considered putting some money into silver.

What did you buy/what symbol? Silver ETF?

I own Silvercorp (China) - traded as pink sheets
also own Silver Wheaton (SLW)

both of them have been handsome performers.... but if you are bullish on silver, there is significant upside potential for Silvercorp... I am holding - won't add since they take up more than my comfortable allotment in the port.
 

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