Thursday, April 29, 2010

Apr 29 2010

Not overly active but nicely profitable day, with MGM and VVUS longs, and a few discretionary plays on various active stocks.

Session Time: Thu Apr 29 00:00:00 2010

[06:18] {fernp} mibbit is working... great!!
[08:06] {magoo} mornink comrades
[08:10] {magoo} MAGOO FAINTS...BIDU UP (% POINTS!!!!
[08:10] {strider} morning mags
[08:10] {magoo} expect to see 30 points BUT 95 POINTS?!?????????????????????????????????????(%
[08:11] {magoo} strider:)
[08:11] {strider} what's a few dozen points among friends.
[08:19] {magoo} retard cramer price target $2000 a share....
[08:20] {strider} do you trade BIDU?
[08:22] {Threei} magoo trades BIDU a few times a day just as a warm-up
[08:22] {strider} good idea.
[08:22] {Threei} me, I intend to trade PALM all day
[08:22] {strider} has a share price been stated for the buyout?
[08:23] {Threei} yes
[08:23] {Threei} for some reason tades a bit higher thuogh
[08:23] {Threei} buyout is 5.70
[08:28] {magoo} u not serious about PALM?
[08:28] {Threei} of course not :)
[08:29] {strider} :)
[08:29] {Threei} it's bought out
[08:29] {Threei} kaput
[08:29] {magoo} anyonre know how high bidu got afterhours?
[08:29] {Threei} end of saga
[08:30] {magoo} tell u what was interesting yesterday, was trading back and forth F 3000 shares for dimes
[08:30] {Threei} US) INITIAL JOBLESS CLAIMS: 448K V 445KE; CONTINUING CLAIMS: 4.645M V 4.618ME
[08:30] {magoo} range was 2.90 to 3.20 area
[08:30] {Threei} US) Mar Chicago Fed National Activity Index: -0.07 v -0.20e
[08:30] {Threei} - Prior revised from -0.64 to -0.44
[08:30] {magoo} DUH
[08:30] {magoo} 12.90-13.20
[08:30] {Threei} well, you are movoing on ese turf
[08:31] {Threei} he does this often with 5-10 and moreK
[08:31] {Threei} I mean not F specifically vut this kind of stocks
[08:32] {magoo} i aasked dave for 30,000 share max position but he wasnt receptive :)
[08:32] {Threei} I guess he said:
[08:32] {Threei} 30K? kidding? I don't want to deal with such small fish. Trade 75K or bust
[08:32] {magoo} ah, u know dave well
[08:34] {Threei} sure,,, who's dave btw?
[08:34] {strider} Dave's not here.
[08:35] {magoo} dave is like big brother strider, he has eyes upon us ALL the time
[08:35] {Threei} ait reminds me something
[08:35] {Threei} oh
[08:35] {Threei} whose bike is it?
[08:35] {Threei} it's a chopper baby
[08:35] {Threei} whose chopper is it?
[08:36] {Threei} Zed's
[08:36] {Threei} who's Zed?
[08:36] {Threei} Zed's dead baby... Zed's dea...
[08:36] {Threei} where is nemo to name a movie...
[08:39] {strider} PCBC
[08:39] {Threei} PCBC Reports Q1 -$1.80 (unclear if comparable) v $0.16e, R$94.7M v $108.2M y/y; granted $500M investment
[08:40] {strider} Who wants to go long NBG.....national bank of Greece.
[08:43] {ese} well my's let me about chat board withdrawl
[08:43] {Threei} sorry ese... :)
[08:44] {Threei} denial of service attack on mibbit
[08:44] {ese} na's fine......
[08:44] {Threei} first time in years this happened
[08:45] {ese} i'm just coming over to drink your wine thats all............
[08:45] {fernp} Good morning everybody
[08:45] {Threei} maybe install mirc for this kind of cases... happens very seldom but why not have a backup
[08:45] {Threei} fern :)
[08:45] {ese} fern
[08:45] {ese} thats a good plan
[08:48] {Threei} (PO) Portugal Gov't approves decree that allows loans to Euro Zome members; now sent to Greece for approval
[08:55] {ese} what!!!!!! nobody kicks dp........why I otta!!!!
[08:56] {dptl} :) good morning
[08:56] {Threei} dp :)
[08:56] {ese} dddddddddppppppppp!!!!!!!!!11
[08:56] {dptl} Ese :)
[08:59] {Les} mmmmmmmmmiiiiiiiiiiiiiiiiiiibbbbbbbbbbbbbbbbbbbbbiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiittttttttttttttttttttttttttt
[09:00] {Les} happy to be able to access Mirc, but prefer mibbit. morning
[09:00] {Threei} les :)
[09:01] {Threei} opk, nemo, les... no one here could name a movie quoted
[09:01] {Threei} help us out:
[09:01] {Threei} [08:35] {Threei} whose bike is it?
[09:01] {Threei} [08:35] {Threei} it's a chopper baby
[09:01] {Threei} [08:35] {Threei} whose chopper is it?
[09:01] {Threei} [08:36] {Threei} Zed's
[09:01] {Threei} [08:36] {Threei} who's Zed?
[09:01] {Threei} [08:36] {Threei} Zed's dead baby... Zed's dea...
[09:01] {Les} nothing russian i hope
[09:01] {Les} pulp
[09:01] {Les} fiction
[09:01] {Threei} thank you
[09:02] {nemo} Yeah, Bruce Willis
[09:02] {Les} whoever failed that test should be thrown outta here
[09:02] {Les} not worthy of being a trader
[09:03] {Threei} they all did
[09:03] {Threei} I was ashamed
[09:04] {ese} morning les
[09:05] {Les} hey ese
[09:07] {Les} got my copy of Avatar today. It's actually quite enjoyable without the eye strain and migraine caused by 3D glasses
[09:08] {Threei} AVNR Hearing Wedbush initiates with Outperform rating and $9 price target (timing uncertain) (3.09, 0.00, 0.00%)
[09:08] {Threei} lofty target
[09:09] {Les} where's Dino?
[09:09] {Les} don't tell me my binky isn't at work today?
[09:09] {Threei} and most of all, don't ever tell him you called him your binky
[09:10] {Les} that was Nemo's name. Had to look it up in a dictionary
[09:10] {Les} but it is funny
[09:11] {Threei} well, let's see if dino finds it funny
[09:11] {Threei} or slaps you into oblivion
[09:11] {Les} hehehe naaaaaaaaaah let's not find out
[09:11] {Threei} too late
[09:11] {Les} lol
[09:11] {Threei} he uses mibbit... and mibbit has last lines repeated...
[09:12] {strider} vad, whatever happened to that last guy that called him that?
[09:12] {strider} Didn't he die a horrible fiery death?
[09:12] {Threei} he is like Zed
[09:12] {Threei} hey, you know who can't read?
[09:12] {Threei} Morgan Joseph
[09:12] {jfjf64} any BODY home
[09:13] {Threei} PALM Morgan Joseph Raised PALM to Hold from Sell
[09:13] {Threei} hey jf!
[09:13] {dino} gm all
[09:13] {Les} hmmmmmm can we short BIDU today? like for 10 points?
[09:13] {Threei} dino :)
[09:13] {Les} morning binky
[09:13] {Les} aaaaah I mean dino
[09:13] {jfjf64} what happen yest you stay up late takin pictures forgot bout US
[09:13] {Les} :s
[09:14] {Threei} lol
[09:14] {Threei} you read trading log?
[09:14] {jfjf64} we get em today
[09:14] {jfjf64} i read
[09:14] {jfjf64} lokl
[09:14] {Threei}
[09:14] {jfjf64} lol
[09:14] {dino} dino ssssssssssslllllllllllllllllllllllllaaaaaaaaaaaaaaaaaappppppppppppppsssssssss les w/golf club
[09:14] {Threei} there you go!
[09:15] {jfjf64} jf likessssssssssssssssssssssssssssssssssssssssss
[09:15] {Les} it was Nemo's call dino, just remember that
[09:15] {Threei} hehe
[09:15] {jfjf64} lot of energy today
[09:15] {Threei} Les... bad defence...
[09:15] {Threei} it'll get you nothing but additional slap by nemo
[09:16] {Les} crap you're right
[09:16] {Les} but I fear dino more than Nemo
[09:16] {Les} Nemo's just a big old pussycat
[09:16] {jfjf64} lets slap this OPENaround 3i
[09:16] {Threei} living dangerously today I see...
[09:16] {dino} hey vad, you were treating me like dawg yesterday, would not let me in
[09:16] {ese} I the guy has a golf club
[09:16] {Threei} lol dino
[09:16] {Threei} magoo's fault
[09:17] {dino} played last night es, w/snowflakes falling
[09:17] {Threei} I was telling hikm "tell dino there is another way to connect",
[09:17] {ese} cool....what'd ya shoot
[09:17] {Threei} and he was all like "yeah, I just told him you said there is no way for him to connect"
[09:18] {dino} bad es, bad... 8 over
[09:18] {ese} whaaaaaaa!!!!1 an 80.......thats great
[09:18] {ese} are you scratch
[09:19] {larisa} gm :)
[09:19] {ese} larisa
[09:19] {lasertrev} morning
[09:19] {dino} no, but i was 5 over going into last hole, tree trouble
[09:19] {ese} LT
[09:19] {Threei} larisa, trev :)
[09:19] {ese} that beats my 12 handicap right now
[09:20] {ese} I just can't putt the dam ball......would cut off about 5/6 strokes if i could putt it into the hole
[09:21] {dino} chipping hurt me
[09:22] {strider} golf's too dangerous for me.
[09:22] {Threei} AVNR's trying
[09:23] {RonS} gm all...akam, 22 mil short, 13% float
[09:23] {Threei} ron :)
[09:24] {dino} strider, you're just forgetting to take a six pack w/you, it calms you down
[09:24] {strider} no that's the problem. I keep running into things with the golf cart.
[09:24] {dino} lol
[09:25] {dino} i remember magoo hittiong the ball washer once
[09:25] {strider} ORLY
[09:26] {magoo} and it was wet so entire washer post with cement came out
[09:26] {magoo} flattened it
[09:26] {RonS} orly 12.5 mil short, 9.5% float
[09:28] {ese} any thoughts on PALM this morning vad
[09:28] {shorty} good morning all
[09:28] {Threei} it's bought out ese
[09:28] {Threei} shorty :)
[09:30] {Threei} GNBT Receives New US Patent for Its Proprietary Buccal Drug Delivery Platform Technologies (0.46, +0.02, 5.60%)
[09:31] {Les} covered a miniscule number of shares on BIDU for +1.25 just before the open
[09:31] {Les} thank god
[09:32] {nemo} fslr
[09:33] {dino} esi
[09:33] {dino} apol, dv too
[09:33] {Les} esi down to 200 ma on daily
[09:34] {RonS} akam
[09:34] {jfjf64} mgm
[09:35] {Threei} Long Setup: WFC 33 break if stays above .90
[09:36] {Threei} invalidated but turns into bounce canddiate
[09:36] {Threei} too fast...
[09:37] {Threei} .80 recross was it but heck
[09:37] {ese} gamblin L pran .13
[09:38] {Les} l wfc .81 2nd recross
[09:39] {ese} drug for alzheimers disease.........I think
[09:39] {Threei} LVS, watching pullback for long entry
[09:40] {magoo} grrrrrrrrrrrrr
[09:40] {ese} out pran .25 +.12
[09:41] {Threei} (GR) Greece official: EU/IMF seek extra wage cuts in pensions; increase in VAT to 23-24% from 21% curent level
[09:41] {Les} out wfc +.09
[09:43] {nemo} fslr pullback :)
[09:43] {Threei} LVS becomes much more interesting here
[09:44] {Threei} crap, jumps faster than I can type
[09:44] {Threei} ARLP Hearing vague chatter that coal mine collapsed (49.19, -1.98, -3.87%)
[09:44] {nemo} we'll have to go Skype
[09:45] {magoo} i caught it vad .55
[09:45] {magoo} out .67
[09:45] {Threei} :)
[09:46] {Threei} Long Setup: MGM .20 break if stays above .10
[09:47] {Threei} ADBE Ticks lower after CNBC commentary speaks about Apple CEO's Jobs comments that will not include Adobe products
[09:48] {Les} miners going for it again SLW
[09:50] {magoo} RIMM is back to its old ways vad, deserves more attention
[09:51] {Threei} LVS explosion
[09:52] {nemo} mgm offer .25
[09:52] {shorty} I saw that
[09:52] {Threei} {MGM, chewing and chomping} what offer?
[09:52] {nemo} long gone
[09:53] {shorty} ISE 21k
[09:53] {Les} vad slw hod break?
[09:53] {shorty} It was more then that I think 200k
[09:53] {Threei} I think so Les
[09:54] {magoo} the new magoo (ese style) hit EK .34 to .46 3k
[09:54] {Threei} :)
[09:54] {dino} elx l .25
[09:54] {magoo} evolving, havent even touched BIDU
[09:54] {shorty} I took 1:1 on mgm
[09:55] {Threei} based on .15 stop?
[09:55] {shorty} no
[09:55] {shorty} yes
[09:55] {Threei} which then?
[09:55] {shorty} sorry Threei
[09:55] {Threei} lol
[09:55] {shorty} I read it as 15 cent risk
[09:57] {strider} dino, what's your stop on ELX?
[10:01] {magoo} i took .27 mgm but 2k
[10:01] {magoo} ty
[10:01] {Threei} guys in case I forget, or miss it,
[10:01] {Threei} VVUS
[10:01] {Threei} 10 break
[10:01] {Threei} look at daily
[10:04] {Les} gld breakin out
[10:05] {Threei} SLW too
[10:05] {strider} stop still .10 on MGM?
[10:05] {Les} aig setting up
[10:06] {fernp} FAF 36 break long, Vad?
[10:06] {nemo} almost hit 1:1 on mgm should probably move stop up
[10:06] {Threei} it was close enough to 1:1, I'd trail to .15
[10:06] {Threei} BSDM Phase III study results published in Lancet demonstrate improved survival for sarcoma cancer patients treated with hyperthermia
[10:06] {Threei} what was that?
[10:06] {ese} mags nice one with EK
[10:07] {Threei} don't see any news for this drop
[10:07] {Threei} Thursday, April 29, 2010 10:05:44 AM
[10:07] {Threei} (US) Pres Obama formally puts forward three name for US Federal Reserve Board (as expected)
[10:07] {Threei} - Names Janet Yellen to US Fed Reserve Vice Chair
[10:07] {Threei} - Names Peter Diamond, Sarah Rasking to Fed Board
[10:07] {Threei} ***Reminder: On March 14 -Fed Yellen's expected nomination as Fed Vice Chairman could bring a strong advocate of low interest rates - WSJ
[10:07] {Threei} - For the two other vacancies on the Fed's board, candidates being considered are Sarah Raskin (Maryland's commissioner of financial regulation) and MIT economist Peter Diamond.
[10:07] {Threei} **Note: Yellen is considered one of the more dovish members of the FOMC. Most recently on the 22nd of Feb Yellen reaffirmed that, while the tide does appear to have turned on the economy "now is not the time to remove stimulus"
[10:07] {Les} vvus coming
[10:08] {Threei} I'd prefer some more consolidation
[10:08] {nemo} vvus sneaking up on 10
[10:08] {Les} ye
[10:09] {nemo} in
[10:09] {shorty} Hesitated
[10:10] {nemo} 1/2 out
[10:10] {shorty} gj nemo
[10:10] {Les} in small shares. will average in if it continues
[10:11] {magoo} crap missed VVUS
[10:11] {shorty} nice call Threei, missed it
06[10:11] * Threei slaps magoo around a bit with a large roll of cash
[10:11] {Threei} easiest money ever
[10:11] {nemo} 1/4 more 25
[10:11] {jfjf64} me toooooooooooooooooo
[10:11] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
06[10:11] * Threei slaps jfjf64 around a bit with a large roll of cash
[10:12] {Threei} what are you kidding? alerted well in advance
[10:12] {jfjf64} missed it
[10:12] {fernp} SLW .15 break, Vad?
[10:13] {Threei} not sure fern... I doubt it
[10:13] {nemo} where stop on vvus
[10:13] {fernp} ty
[10:13] {Threei} b/e
[10:14] {Les} screwed my averaging in. bought the break. out with small green
[10:14] {magoo} READ RIMM VAD
[10:14] {magoo} sorry caps
[10:16] {Threei} need pullback for double bottom here mags
[10:16] {Threei} to about .65
[10:17] {magoo} look at DCTH too please
[10:17] {Threei} BPOP Hearing Sterne Agee making positive comments (timing uncertain0 (2.13, +0.03, 1.43%)
[10:18] {Les} stopped slw
[10:20] {Les} huge off mgm
[10:20] {Les} offer
[10:23] {Threei} uh oh
[10:23] {Threei} mibbit acting up or what
[10:25] {Threei} crap
[10:25] {Threei} TIVO Hearing strength attributed to renewed takeover chatter (18.38, +0.74, 4.20%)
[10:25] {strider} MGM dbl top
[10:26] {Threei} SEED Hearing takeover chatter circulating (10.06, 0.00, 0.00%)
[10:26] {strider} out flat mgm
[10:27] {nemo} bid .25 offer .27 vvus
[10:27] {Threei} EDGX scalping? :)
[10:28] {nemo} raise stop to .10 on vvus
[10:28] {nemo} ?
[10:28] {Threei} it's valid
[10:29] {Threei} kind of personal choice between trailing to under .10 and keeping at b/e
[10:29] {Threei} MGM 1:1
[10:29] {nemo} well, here's hoping oms works
[10:30] {magoo} u like the look of rimm here?
[10:30] {Threei} no
[10:30] {magoo} me neither
[10:31] {Threei} UNG is dumping
[10:35] {Les} back in Mirc again I see
[10:36] {Les} anybody here?
[10:36] {strider} no.
[10:37] {Les} FIS just broke .50
[10:37] {fernp} mibbit down again
[10:37] {Les} yeh been speaking to myself
[10:37] {Les} was enjoyable conversation
[10:37] {fernp} lol me too
[10:38] {Les} rimm db'd, grabbed a scalp. not sure what it's doing now
[10:39] {Les} mgm
[10:39] {Les} sorry
[10:39] {magoo} vad news FCX?
[10:40] {Threei} no
[10:41] {Les} binky lost :(
[10:41] {fernp} CMC 15 breakdown, Vad?
[10:42] {Threei} yes
[10:43] {fernp} stop above .10 is correct, no?
[10:43] {Threei} as it stands now, yes, but if consolidates under .05, that could become a valid stop
[10:44] {fernp} ok
[10:45] {magoo} out fcx .44
[10:45] {magoo} .10 - .44
[10:46] {magoo} is VVUS a bounce cand vad?
[10:47] {Threei} I think so
[10:49] {magoo} read onAIG here boss?
[10:49] {magoo} has the look
[10:50] {Threei} nah
[10:50] {Les} wow, how did mgm play turn out? scalp or partial?
[10:51] {Les} not so shabby now mgm
[10:51] {Threei} I am out 1:2
[10:51] {Threei} everyone else it seems made thier own modifications
[10:51] {Threei} and screwed it up badly {G}
[10:51] {Les} ha
[10:52] {Les} took the scalp. been a scalping day. I am ready to quit now if market sleeps
[10:52] {Threei} sleeps?
[10:52] {Threei} have you looked at the chart?
[10:52] {magoo} u paper trading ow or real $$ les?
[10:52] {Les} always paper
[10:53] {magoo} been doing alot a better i observed
[10:53] {Les} stopped using a diary while doing my uni studies
[10:53] {Les} got back to post-trade analysis last week
[10:53] {Les} making a big difference
[10:56] {shorty} Hello?
[10:56] {Les} ssssshhh no one answer
[10:57] {shorty} wtf, mbbit down again
[10:58] {Les} IVZ dt following yesterday
[10:58] {shorty} I was in the mbbit abyss. got scared.
[11:01] {nemo} so market gained back everything it lost two days ago
06[11:04] * shorty slaps Les around a bit with a large trout
06[11:06] * Les slaps Les around a bit with a large trout
[11:06] {Les} u feel better now?
[11:06] {Threei} self-flagellation?
[11:06] {shorty} lol
[11:07] {Les} hey, can't beat em, join em
[11:08] {strider} COP
[11:10] {dino} .
[11:10] {Threei} mibbit's back up?
[11:10] {nemo} binky's back
[11:10] {dino} sold fire at .40, +.66
[11:10] {shorty} yes I think so
[11:10] {Les} :)
[11:10] {dino} :O
[11:11] {dino} aixg l .41
[11:12] {Les} dino, can I have you watch list please?
[11:12] {dino} fire, aixg, apol, dv, esi, gmcr
[11:12] {Les} before we lose you again
[11:12] {Les} ty
[11:12] {Threei} {dino} yes - watch for trout
[11:13] {dino} hmmmmm
[11:14] {Les} lvz 23 break vad?
[11:14] {Threei} LVZ?
[11:14] {Les} sorry IVZ
[11:14] {Threei} hmmm
[11:15] {Threei} not sure
[11:15] {dino} scanners all red
[11:17] {dino} aixg stopped -.08
[11:20] {shorty} b/o .46 AKAM?
[11:21] {Threei} I doubt it
[11:21] {Threei} chart is OK but AKAM is not really breakout stock
[11:21] {shorty} ty
[11:24] {dino} ctrp l .50
[11:30] {ese} ahhhhh am back in
[11:30] {shorty} CMCSA
[11:37] {Les} wfc hod break vad?
[11:38] {strider} long APOL .75
[11:39] {Threei} in hindsight, yes..
[11:39] {Les} crap had to have a nose bleed on the break
[11:39] {Les} the pressure must be getting to me
[11:39] {Threei} try not to push them throuhg the resistance with your face, OK?
[11:40] {Les} :/
[11:40] {Threei} we play too many breaks
[11:44] {Les} TMO u see a bounce or short play here vad?
[11:44] {Les} looking weak to me
[11:45] {Threei} not enough input from chart yet
[11:45] {Threei} it's either forming double bottom
[11:45] {Threei} if holding .55, consolidates and breaks
[11:45] {Threei} ir breakdown if loses .55
[11:45] {Threei} ir = or
[11:45] {Les} db from yesterday?
[11:46] {Threei} nah, 1 min
[11:46] {Les} sorry, wait for db today
[11:47] {Threei} .55 - .65 is your range for direction to be defined
[11:47] {Les} yeh thanks
[11:49] {Les} cmc
[11:51] {Les} s cmc .98
[11:52] {Les} yesterday's low here, so mindful of reversal
[12:06] {Les} s TMO .53
[12:13] {fernp} .
[12:14] {fernp} mibbit is working?
[12:14] {Threei} looks like
[12:14] {fernp} ty
[12:14] {Threei} TMO works nicely
[12:15] {Les} yeh. just wondering how greedy I am
[12:15] {Les} scalp taken +.11
[12:16] {Les} out cmc +.08 time to do dinner
[12:16] {shorty} Order pizza, easy
[12:17] {nemo} vvus
[12:17] {Les} I'm fat enough as it is shorty. I am also ex-cook, so do it myself
[12:17] {Les} AKAM .70 break down interests me
[12:17] {Les} vad?
[12:17] {Threei} VVUS looks like new round starts
[12:17] {nemo} .35 break or consolidation first
[12:18] {Threei} break if holding closse
[12:19] {nemo} holding what?
[12:19] {Threei} not sure Les
[12:19] {Les} ok
[12:19] {Threei} well, if holding close enough for stop to be comfortable
[12:20] {shorty} aggressive entry, with a stop of .24?
[12:21] {Threei} I'd prefer a break
[12:22] {shorty} ok
[12:22] {Threei} VVUS Hearing strength being attributed to positive chatter ahead of upcoming FDA advisory panel review of Qnexa (timing uncertain)
[12:22] {Threei} - the weight loss drug will be review by an FDA advisor panel on July 15th. (10.32, +0.63, 6.50%)
[12:22] {shorty} There is hope for us fatties!
[12:22] {Threei} funny how tape gave us entry way before news
[12:23] {Threei} CA) BoC's Carney: There is no viable replacement for the USD as reserve currency
[12:23] {Threei} duh
[12:23] {shorty} bad prediction on my part with VVUS
[12:25] {nemo} somebody's playing games
[12:27] {Les} s akam .71
[12:29] {dino} dndn
[12:29] {shorty} wow
[12:29] {larisa} wow
[12:29] {nemo} wow
[12:29] {strider} mom
[12:29] {Les} sweet
[12:29] {Threei} DNDN FDA approves Provenge (44.33, +4.71, 11.89%)
[12:30] {nemo} wtf
[12:30] {ese} out crus .13 +.14 a nice little 9 iron right on the pin
[12:30] {dino} lol
[12:31] {Threei} whew
[12:31] {larisa} can i say wow again or limit is up
[12:31] {strider} APOL
[12:31] {Threei} let me see what I got
[12:31] {Threei} 44 entry
[12:32] {shorty} no way!
[12:32] {Threei} exits scattered from 44.70 to 45.72
[12:32] {Les} sweeeeeeeeeeeet
[12:32] {Threei} going to change diapers
[12:33] {shorty} Put on some Penaten in case you get a rash.
[12:33] {Threei} OMNI Hearing Trussco division may be receiving contract to clean up Gulf on Mexico oil spill (timing uncertain) (2.61, +0.32, 13.97%) (related CLH )
[12:34] {dino} halt
[12:34] {Threei} DNDN Halted (45.50, +5.88, 14.84%)
[12:34] {Threei} (GE) German Fin Min: not definite yet that Greek aid package will get approval
[12:35] {shorty} lol first time I have seen a halted stock.
[12:35] {dino} really?
[12:35] {shorty} ya, I am a new to trading.
[12:35] {magoo} crap..i been caught in 3 halts
[12:35] {dino} i hate getting caught in them
[12:35] {shorty} heard about them a lot, but never seen it.
[12:36] {dino} aixg sm l .83
[12:38] {shorty} You can't sell when halted, I assume you can't buy?
[12:38] {strider} can't do squat.
[12:38] {strider} well, maybe that.
[12:38] {shorty} That would scare me if I was in that position
[12:39] {shorty} lol
[12:39] {strider} out APOL +.27
[12:39] {strider} out CTRP +.10
[12:39] {shorty} sweet!
[12:39] {magoo} well..this case its good news so prob nice gap up open
[12:40] {magoo} but, yea...can be DEATH
[12:40] {strider} CTRP wacko, dino.
[12:40] {Threei} wtg strider
[12:40] {shorty} Anyone ever caught in in "DEATH" stock?
[12:40] {Threei} halt is the only case where day trader loses control
[12:40] {magoo} ya..magoo
[12:40] {Threei} yes shorty
[12:41] {Threei} one word: yeechh
[12:41] {nemo} That should be rephrased...Has anybody NOT been caught in one
[12:41] {shorty} shorty
[12:41] {strider} I never have.
[12:41] {RonS} exactly
[12:41] {nemo} I knew you would say that strider
[12:41] {shorty} In time I guess.
[12:41] {RonS} clf freefall
[12:41] {magoo} vad recommended a call, i took was halted and crashed..vad (the honorable gent he is) gave me 1 month off room fee
[12:41] {strider} I knew you would say that, nemo.
[12:42] {shorty} That was kind of him.
[12:42] {Threei} no mags, that was different case
[12:42] {magoo} OH YEA
[12:42] {Threei} your memory fails you
[12:42] {nemo} when he sent the strippers?
[12:42] {shorty} lol
[12:42] {magoo} it was naz breaking quot
[12:42] {Threei} it was a stock where some trades were canceled
[12:42] {magoo} trades
[12:42] {Threei} right
[12:42] {Threei} I even remember a stock
[12:42] {Threei} do you?
[12:42] {magoo} no
[12:42] {Threei} haha
[12:43] {Threei} WATG
[12:43] {magoo} shorty.u ever see that..trades go thru ...u make BIG dough..naz comes in and breaks the trades...always NOT in your favor
[12:43] {Threei} you actually made a profitable trade
[12:44] {Threei} so call was good
[12:44] {Threei} it;'s breaking the trades by NASDAQ that killed you
[12:44] {Threei} and I didn't consider it fair
[12:44] {magoo} ya ya..correct
[12:44] {Threei} so I chipped in
[12:44] {shorty} missed b/o on AKAM........
[12:44] {Les} AKAM kicked my butt and broke out
[12:44] {shorty} So what does naz do?
[12:45] {dino} ctrp out .62, +.12
[12:45] {shorty} breaking the trade?
[12:46] {magoo} xplain it vad
[12:46] {shorty} A link would be fine for me to read.
[12:46] {Threei} just a sec
[12:47] {shorty} Or I can use google.
[12:47] {strider} MYL
[12:48] {strider} DNDN
[12:48] {strider} Dendreon volatility collapses as shares rally into trading halt
[12:48] {strider} duh, ya think?
[12:48] {Threei} huh?
[12:48] {Threei} lol
[12:49] {Threei} shorty, in some rare, almost exceptional cases trading in certain name becomes obviously abnormal
[12:49] {Threei} $2 stock goes to 10 on no news or on false news or on some unexplained something
[12:50] {Threei} sometimes NASDAQ intrudes
[12:50] {Threei} and says, hey,
[12:50] {Threei} all trades from 11:00 to 11:25 are canceled.
[12:50] {Threei} now, imagine that you bought and sold within that time - you are fine, your whole trade just disappeared
[12:51] {Les} you keep the cash?
[12:51] {shorty} Ouch
[12:51] {Threei} it's like you never traded it
[12:51] {Threei} but imagine you bought at 10:59
[12:51] {Threei} at 7
[12:51] {Threei} sold 11:10, at 9
[12:51] {Threei} this is where you are in troubles,
[12:51] {Threei} because only your sell is canceled
[12:52] {shorty} That is worse, because you offer is cancelled, but you still hold the stock!
[12:52] {Threei} and you stuck with long position at 7
[12:52] {Threei} stock opens after the halt,
[12:52] {Threei} since everyone knows now there is no news
[12:52] {Threei} it opens down, closer to 2 where it started
[12:52] {Threei} and you are holding it at 7...
[12:52] {shorty} I would have to go to my PC store and buy two more monitors after I calmed down.
[12:53] {Threei} of course you may have gotten lucky:
[12:53] {Threei} bought it at 9,
[12:53] {Threei} took stop loss at 7,
[12:53] {Threei} they canceled your buy,
[12:53] {Threei} you keep your sell,
[12:53] {Threei} and find yourself short at 7
[12:54] {larisa} yeah right
[12:54] {Threei} but in reality, you never get this lucky :)
[12:54] {shorty} So, here is my question Threei: Since you gave him a break, does he give you anything in return for calling a good stock?
[12:54] {Threei} you'd think so
[12:54] {dino} grief
[12:55] {shorty} I see, one way street.
[12:55] {Threei} DNDN Confirms FDA aproval (45.50, +5.88, 14.84%)
06[12:55] * magoo slaps shorty around a bit with a large trout
[12:55] {shorty} lol
[12:56] {larisa} hey i have a good story! stock was down 40 points, I bought for a bounce long.. halt. next morning opened +15 points . Sometimes you get lucky actually
[12:56] {magoo} only YOU larisa
[12:56] {shorty} That is awesome
[12:56] {larisa} it was my only luck i think
[12:57] {Threei} Dendreon Corp Confirms FDA aproval on Provenge for certain men with advanced prostate cancer
[12:57] {Threei} - The U.S. Food and Drug Administration today approved Provenge (sipuleucel-T), a new therapy for certain men with advanced prostate cancer that uses their own immune system to fight the disease.
[12:57] {Threei} - Provenge is indicated for the treatment of asymptomatic or minimally symptomatic prostate cancer that has spread to other parts of the body and is resistant to standard hormone treatment.
[13:01] {Threei} market obviously doesn't think HP is very smart to pay 1.2B for that PALM crap
[13:02] {Threei} *(US) TREASURY'S $32B 7-YEAR NOTE AUCTION DRAWS 3.210%; BID-TO-COVER RATIO: 2.82 V 2.61 PRIOR AND 2.75 OVER THE LAST 10
[13:02] {Threei} Indirect bidders take 60% of competitive bids, with 93.6% allotted at the high
[13:02] {Threei} - Direct bidders take 12%, primary dealers %
[13:02] {Threei} - Median 3.14%, low 3.096%
[13:03] {magoo} HAL
[13:03] {magoo} HAL
[13:03] {magoo} SLB
[13:03] {magoo} OILS crushed
[13:07] {RonS} Inspections Ordered For All Deep Water Wells In Gulf Of Mexico-US Official 04/29 10:25 AM
[13:09] {Threei} HAL Hearing rumour that the company is being investigated by government (timing uncertain) (30.06, -3.29, -9.87%)
[13:09] {magoo} GS CRUSHED
[13:09] {nemo} it's up 2.50 mags
[13:11] {shorty} vmed 18 b/o?
[13:11] {magoo} i mean red candle
[13:11] {magoo} sorry
[13:12] {Threei} Halliburton Co Hearing rumor that the company is being investigated by government over its role in Gulf oil spill (timing uncertain)
[13:12] {Threei} - earlier today HAL confirmed that it did provide some services to the Deepwater Horizon rig that burned and sank.
[13:12] {Threei} hard to tell shorty
[13:13] {shorty} tested it twice today. I will leave it alone.
[13:13] {shorty} more then twice actually.
[13:14] {magoo} CAM too
[13:15] {RonS} There Will Be Blood
[13:18] {dino} aixg stopped, -.23
[13:18] {strider} what the h was going on with aixg, dino?
[13:19] {magoo} apparantly not in aapl ron
[13:19] {dino} earnings estimates
[13:20] {Les} I was long aixg with you dino. didn't take the scalp at the 50ma unfortunately.
[13:20] {dino} was thinking it would go back to 32.30
[13:20] {Les} l cmc .89
[13:23] {strider} MRK
[13:29] {RonS} iyr hoy
[13:30] {Les} stopped cmc flat
[13:30] {dino} fti
[13:32] {magoo} OMNI
[13:32] {magoo} OMNI
[13:32] {RonS} FMC builds and services subsea production systems used in the offshore oil and gas industry.
[13:33] {Les} AIXG having another go at the 50ma.
[13:35] {RonS} The dndn halt seems excessively long
[13:40] {shorty} I hold you responsible for doubting AKAM Threei. Do I get a month free in the chatroom?
[13:41] {Les} cheeky bugger
[13:41] {Les} somebody slap him
06[13:41] * nemo slaps shorty around a bit with a large lead pipe
[13:41] {shorty} ouch
[13:41] {Les} I'm pissed I shorted at .70 covered at a loss, and didn't think to go long
[13:42] {Les} l aixg .70 tight stop
[13:43] {Threei} 12:33] {Threei} OMNI Hearing Trussco division may be receiving contract to clean up Gulf on Mexico oil spill (timing uncertain) (2.61, +0.32, 13.97%) (related CLH )
[13:44] {Les} jeez you'd think they'd have every man, woman and dog available to clean up that mess
[13:44] {RonS} do you clean up something that is still flowing?
[13:45] {Les} it's about to hit US shores
[13:45] {RonS} ...blame Bush time...
[13:45] {Les} had similar disaster in nth west aust earlier this year
[13:46] {RonS} 3i, clf db? Do you see an entry?
[13:48] {Threei} feels like up but hard to nail exact entry
[13:50] {Threei} AONE Hearing vague chatter on possible funding approval for two projects (26.51, -0.25, -0.93%)
[13:51] {ese} catch you all later.......have a choir to teach
[13:51] {Threei} take care ese
[13:51] {ese} cya vad
[13:51] {fernp} bye ese
[13:52] {Threei} Long Setup: AONE .70
[13:52] {Threei} if stays above .60
[13:52] {Threei} half lot
[13:53] {shorty} wow
[13:54] {RonS} aone l .65
[13:56] {Les} finished with aixg
[14:04] {shorty} out AONE
[14:04] {Threei} OMNI still moving
[14:05] {RonS} out a1
[14:06] {Threei} someothing's off
[14:06] {Threei} stock hits 1:1
[14:06] {Threei} how do you take full stop on it?
[14:06] {Threei} especially with agressive entry at .65
[14:08] {Les} ty Ron for CLF
[14:08] {Les} :( too early
[14:11] {Les} holy cow batman, can you spell squeeze!
[14:13] {shorty} b/o .50 AIG?
[14:13] {Les} inverted h&s AIG?
[14:14] {RonS} out clf 1.50
[14:15] {Threei} if holding .40, could be
[14:15] {shorty} nice
[14:15] {Les} sweet
[14:16] {Les} CLH
[14:22] {RonS} 3i, nct 4.00 break=long?
[14:23] {Threei} I like daily
[14:23] {Threei} less so intraday
[14:23] {RonS} txs
[14:23] {Threei} ideally, it would sit here for the rest of the day, then break out tomorrow
[14:24] {Threei} I'd be delighted to buy
[14:24] {Threei} if it breaks today, I will anyweay but will be much less delighted
[14:25] {RonS} "Deeelighted!" Teddy Roosevelt's favorite response...
[14:26] {Les} CLH was your stock dino thin and jumpy out +.28
[14:30] {fernp} have a nice evening everybody. See you tomorrow
[14:30] {Les} ciao
[14:30] {Threei} US Treasury's Geithner: Final cost of TARP was less tahn 1% of GDP; challenges to economy still exist
[14:30] {RonS} bye fern
[14:30] {Threei} take care fern
[14:37] {Threei} market resumed patern of crawl up and stall, only to repeat it next day
[14:40] {Les} AKAM stalling. looking for intensified selling soon...
[14:41] {shorty} I am looking for that too
[14:42] {Les} s. 48 partial cover .35
[14:44] {shorty} Maybe ,43
[14:46] {RonS} dndn still hated...wth?
[14:46] {RonS} hated=halted
[14:46] {shorty} Is that a bad sign?
[14:47] {RonS} very unusual I think since everyone and his brother was waiting for this news...
[14:49] {Threei} no even indication of resumption time on NASDAQ
[14:49] {Threei} news has been dissemiated... really unusual
[14:50] {RonS} ...may point to someone being on the wrong side...and being wiped out...
[14:50] {Threei} still say T1
[14:50] {Threei} which is Halt - News Pending
[14:51] {RonS} T1?...wasn't Arnold a T1?
[14:51] {Threei} lol
[14:51] {Threei} not even T2 yet, let alone T3... strange
[14:51] {nemo} spelled it rong ron
[14:51] {Threei} it's like there is more news
[14:51] {nemo} Ahhnold
[14:51] {RonS} ahso
[14:51] {nemo} chinese now?
[14:51] {Threei} conf call in progress
[14:52] {Threei} DNDN Exec: Estimates course of treatment may cost $93K over a three month treatment - conf call
[14:52] {nemo} so much for the budget deficit
[14:52] {Les} ouch who pays for that
[14:52] {nemo} gotta' mirror
[14:52] {shorty} Healthcare?
[14:52] {RonS} ...holy smokes...the socialists aren't going to pay that...
[14:52] {Threei} - will initially be able to treat about 2,000 patients and will ramp production over 12 months to meet demand.
[14:52] {nemo} of course not...they take it from the capitalists
[14:53] {Threei} - expects Medicare and private insurers will cover the drug.
[14:53] {RonS} come the price dictats...
[14:53] {Threei} socialists pay for anything
[14:53] {Threei} after all it's never their money
[14:53] {Threei} and herein lies the main problem, as put forth by M.Tatcher
[14:54] {RonS} "Love means you never have to say you're sorry"
[14:54] {Threei} "problem with socislism is sooner or later you run out of other people money"
[14:54] {nemo} Ms. Thatcher
[14:54] {Les} tell that to the Fed
[14:54] {RonS} Mags to her friends...
[14:55] {Les} lol the old battleaxe trading here...
[14:55] {RonS} lol
[14:55] {Les} and suffering dementia if I remember correctly.
[14:56] {Threei} (GR) Moody's reiterates position; multi notch downgrade likely
[14:56] {RonS} ...sketchy terminology...multi notch
[14:57] {Threei} oh you want details
[14:57] {RonS} nooooo....
[14:57] {Threei} them are in our pocket:
[14:57] {Threei} Moody's: expects to complete its review of Greece's A3 sovereign bond rating shortly after the details of the euro area/IMF programme are unveiled. Moody's has consistently maintained that Greece's short-term liquidity and restructuring risks are negligible given the depth of international commitment to maintaining regional financial stability.
[14:57] {Threei} - he details of the euro area/IMF package will provide crucial credit information covering: economic and fiscal assumptions; mechanisms of support for the banking system; adjustment measures to be implemented over several years under the programme; and the total amount of financing, which will determine how long the Greek government will be sheltered from hostile market conditions.
[14:57] {Threei} you asked :)
[14:57] {Les} out flat 2nd half AKAM. still got some life in it
[14:59] {Les} AIXG playing how low can you go
[14:59] {nemo} stock to match your personality
[14:59] {Les} lol
[15:00] {nemo} can't help myself
[15:00] {Les} stop that, you're setting off my asthma
[15:01] {Les} small speculative long aixg .31
[15:01] {nemo} wow perfect hammer/volume on aixg
[15:01] {Les} what's a hammer?
[15:04] {dino} esi lod
[15:04] {RonS} har missed and murdered
[15:05] {magoo} one day...but NOT today...dino's gonna make 5 points ching ching on ESI
[15:05] {magoo} provided he lets it run
[15:06] {nemo} hey, les look at that aixg bounce
[15:06] {Les} hmmm I'm long .31
[15:07] {nemo} nice
[15:07] {dino} gj, thing keeps stopping me out
[15:08] {Les} me too. hoping it can pony up the stop tab before last drinks
[15:08] {Les} 200 ma .65 is target
[15:13] {Les} out -.01 no show
[15:13] {Threei} wow
[15:13] {Threei} shorty... you are to be hit by snow this evening??
[15:14] {shorty} It's been like this since yesterday
[15:14] {Les} that's funny, we get hit with low pressure system this weekend too
[15:14] {Les} gonna cut temperatures in half
[15:15] {shorty} C'mon Les...let us pick a top for AKAM
[15:15] {Les} that be for suckers man
[15:15] {larisa} lol
[15:15] {Les} show me some selling pressure
[15:15] {nemo} that's why he asked you les
[15:16] {shorty} lol
[15:16] {Les} haha u are on a roll today nemo
[15:16] {Les} u taking your meds again?
[15:16] {nemo} gotta' get it in, I'm on the road tomorrow
[15:16] {Les} ciao
[15:17] {RonS} ...did you hear? the EPA came out today and said that clean air is contributing to global warming. The epitome of circular reasoning...
[15:18] {RonS} ...let us control the air so we can have justification to control the entire economy. May as well change the name the the Politburo
[15:19] {larisa} I am still trying to gasp gasoline alarm clock concept.. stop it :)
[15:19] {Threei} how did they justify that Ron?
[15:19] {Threei} larisa, I sincerely , for your health sake, hope you mean grasp...
[15:19] {larisa} correct
[15:20] {Les} my guess is less pollution and smog is permitting more heat absorbtion. so burning fuel in gulf of mexico is good in their books
[15:20] {RonS} start with a core belief that everthing and any thing causes global warming. The throw in some scientific gobbledegook and feed it to the media and the idiots...but i repeat myself.
[15:21] {Threei} ok... but still
[15:21] {nemo} apol looks like it's flirting with support
[15:22] {magoo} DNDN opens 7 minutes
[15:22] {Threei} yup
[15:22] {Threei} quotes in 3
[15:23] {RonS} ...was lookking for that, and found this:
[15:23] {RonS} unbelievable...
[15:24] {Les} science is our newest and latest god - we must worship it with financial contributions
[15:24] {Threei} lol, look at this
[15:24] {Threei} The report also highlighted a surprising way that global warming may cause more cancer: the development of green technologies. Green technologies often involve exotic metals and alloys that, according to the report, may cause cancer
[15:25] {RonS}
[15:26] {Threei} beautiful
[15:27] {shorty} AKAM does not care
[15:29] {Threei} DNDN is ready
[15:29] {Les} if dndn is not open, how does it drop 3 bucks?
[15:29] {Threei} late prints
[15:29] {magoo} its NOt trading
[15:29] {Les} ah ok
[15:30] {magoo} just bids/offer
[15:30] {Threei} now it is
[15:30] {shorty} WOW!
[15:31] {RonS} ...mags must have gone short dndn...
[15:32] {shorty} This is beyond momo
[15:32] {nemo} been doing this a long time shorty?
[15:32] {shorty} Re read blog nemo
[15:33] {nemo} I was being facetious
[15:33] {Les} how peurile
[15:33] {shorty} Great, another word I need to too
[15:33] {nemo} pot callin' kettle black
[15:33] {shorty} :D
[15:34] {shorty} I am serious 1 percent of the time. And that is when I make coffee.
[15:36] {magoo} makes aapl look calm
[15:38] {shorty} I think I am done for the day. Good night all.
[15:38] {dptl} good evening all
[15:38] {RonS} cya dp, shorty
[15:39] {Threei} take care shorty
[15:39] {Threei} dp, you are a slacker
[15:39] {Threei} shorty at least has sow as an excuse
[15:40] {Threei} snow
[15:40] {Threei} you have brilliant sunshine and +18C
[15:40] {shorty} I have to go out too.....
[15:46] {Les} missed esi breakout watching the fireworks
[15:47] {Threei} NCT nicely forms the foundation for tomorrow's play
[15:48] {Threei} let's try not to forget about it
[15:48] {nemo} great...I'll hear about the monster Friday on Monday
[15:50] {Threei} aww
[15:50] {nemo} and Les won't have me to kick him around either
[15:51] {magoo} where u take AWW vad?
[15:51] {RonS} dino
[15:56] {strider} {nemo} and Les won't have me to kick him around either
[15:56] {Threei} thank you all
[15:57] {strider} I can fill in for you tomorrow, nemo.
[15:57] {nemo} cool
[15:57] {nemo} c u Monday
[15:57] {Threei} have a good evening
[15:57] {Threei} see you tomorrow, and nemo Monday
[15:57] {Les} get back in your box hillbilly
[15:57] {Threei} hava a safe trip nemo
[15:57] {nemo} ty
[15:57] {Threei} have a good snow shorty
[15:57] {larisa} bye all :)
06[15:57] * strider slaps Les around a bit with a large hillbilly club
[15:57] {Les} ciao c u's tomorrow
[15:57] {Les} hehehe