Monday, June 23, 2014

June 23 2014

Catch of the Day, TWTR. Smooth and fast

Afternoon was less pleasant, with couple winning plays and a few stops. Market is still quite inactive.


Session Time: Mon Jun 23 00:00:00 2014
[09:11] {RonS} hi guys
01[09:11] {@Threei}  morning ron
[09:13] {RonS} lulu in play...supposedly founder in talks w/ gs to find a pe firm to take them private...unusual bull options plays on fri w/ 33% float short, 21 mil sh
01[09:13] {@Threei}  - Founder Dennis Wilson is working with Goldman Sachs for control of Lululemon; he is seeking a new board, finding an imbalance in Board representation, which is significantly weighted towards short-term results at the expense of product, culture and brand and longer-term objectives.
[09:14] {RonS} love these personal fights in retail...
01[09:14] {@Threei}  if he is successful, he will have a lot of joy firing those directors
01[09:15] {@Threei}  ey1, see private message
01[09:15] {@Threei}  Ron, when you have some evenings to kill, watch that show, The Americans
[09:17] {RonS} series or movie?...if series think have seen a couple...pretty intense...
01[09:17] {@Threei}  series
01[09:17] {@Threei}  2 seasons now
[09:19] {RonS} reminded me of the book "The Firm" by an Englishman...roughly detailing the history of the CIA post WWII and finally dealing w/ a Soviet mole in the upper echelon of the CIA
[09:19] {troub} good morning you all
01[09:19] {@Threei}  troub :)
01[09:27] {@Threei}  http://mic.com/articles/91763/one-flow-chart-perfectly-sums-up-the-truth-about-u-s-foreign-policy
01[09:29] {@Threei}  wow... everyone's asleep
01[09:31] {@Threei} Long Setup:  LULU  .50 break
01[09:31] {@Threei}  If holds  .40
01[09:31] {@Threei}  Invalidated
01[09:32] {@Threei} Long Setup:  FB  .30 break
01[09:32] {@Threei}  If holds  .23
01[09:33] {@Threei}  LULU got away
[09:33] {RonS} caght lulu .40 to .87 thanks 3i +.47
01[09:33] {@Threei}  1:1  FB
[09:33] {RonS} caught
[09:33] {dino} mtor hl l .75
01[09:34] {@Threei}  :)
01[09:37] {@Threei} Long Setup:  IWM  .15 break
01[09:37] {@Threei}  If holds  .09
01[09:38] {@Threei}  valid
01[09:38] {@Threei}  stop .07
01[09:40] {@Threei}  1:1
[09:41] {troub} good start for the day-week
01[09:42] {@Threei}  ty
01[09:42] {@Threei}  so was last Monday
01[09:42] {@Threei}  maybe let's trade Mondays only? {G}
01[09:43] {@Threei}  reminds me a 7 years old recipe when he heard that during train crashes the last car suffers the most damages
01[09:43] {@Threei}  he suggested to disconnect it and leave it at the station
01[09:44] {@Threei}  *(US) JUN PRELIMINARY MARKIT MANUFACTURING PMI: 57.5 V 56.0E -
[09:44] {dino} lol
[09:48] {dino} out mtor .99, +.24
[09:48] {dino} insm hl s .71 stop .86
01[09:50] {@Threei} Short Setup: IWM  .10 break
01[09:50] {@Threei}  If holds  .20
[09:55] {dino} agio smr l .09 stop .79
01[09:55] {@Threei}  change to .15
01[09:55] {@Threei}  If holds  .25
01[09:57] {@Threei}  nope
[09:58] {dino} mtor hl l .96
01[09:59] {@Threei}  *(US) MAY EXISTING HOME SALES: 4.89M V 4.74ME
01[10:01] {@Threei}  watching FCX for pullback entry
01[10:04] {@Threei}  missed
[10:06] {dino} insm stop .87 -.16
[10:08] {RonS} large cap biotech getting hit
[10:09] {RonS} wow good cover insm...
[10:11] {dino} agio stop slip -.39
01[10:11] {@Threei} Long Setup:  TWTR  .10 break
01[10:11] {@Threei}  If holds  39
01[10:12] {@Threei}  1:1
01[10:14] {@Threei}  1:2
01[10:15] {@Threei}  out in full
01[10:15] {@Threei}  1:3
[10:18] {dino} grfs drop
01[10:27] {@Threei}  thom... missed couple good ones
[10:28] {thomcbell} tough time of year for me - family mornings at school with 3 kids all in elementary school
[10:29] {thomcbell} glad u guys got some points on the board
[10:32] {dino} agio smr l .04 wide
[10:34] {thomcbell} looking at Rice here
[10:34] {thomcbell} long setup 30.91 long break maybe
[10:35] {dino} agio stopped again, too tough
01[10:36] {@Threei}  GRFS Spokesperson: company has not released any new information and has no comment on stock movement today
01[10:37] {@Threei}  OPEN Hearing chatter that Yahoo could be considering making a rival bid for the company (against pending Priceline offer at $103/shr)
[10:40] {dino} open smr l .18
[10:40] {thomcbell} rice 1:1
01[10:41] {@Threei}  wtg
[10:41] {dino} gj
[10:41] {thomcbell} these growthy energy names can be kkind of wild
[10:41] {thomcbell} looking for 31.30
01[10:42] {@Threei} Long Setup:  FCX  .50 break
[10:43] {thomcbell} rice 1:2
[10:46] {dino} out open .86, +68, ty vad
[10:47] {dino} .68
01[10:48] {@Threei}  :)
01[10:52] {@Threei}  Invalidated
[10:54] {thomcbell} sold 1/3 grfs at 31.1
[10:54] {thomcbell} still feels heavy
[10:54] {thomcbell} i mean rice
[10:54] {thomcbell} sorry
[10:54] {thomcbell} grfs was a good one dino
[10:56] {thomcbell} another 1/3 out rice 31.19
[10:57] {thomcbell} out rice 31.19
[10:57] {dino} too bad i was waiting too low on it
[11:04] {RonS} fslr into a volume pocket on takeover chatter
[11:08] {RonS} aamc down $199...lol
01[11:18] {@Threei}  http://www.businessinsider.com/the-information-google-is-gathering-about-us-is-terrifying-2014-6
01[11:23] {@Threei} Short Setup: LULU  .60 break
01[11:23] {@Threei}  If holds  .70
01[11:37] {@Threei}  nah
[11:40] {dino} last try agio smr l .96
01[11:49] {@Threei} Short Setup: AAPL  .80 break
01[11:49] {@Threei}  If holds  .90
01[12:10] {@Threei}  (UR) US Govt officials note that Russia could be preparing to send more tanks into Ukraine - press- Russia has also moved several thousand more troops back to the border.
[12:12] {dino} vrtx spike
[12:12] {dino} smr s .01
01[12:13] {@Threei} Short Setup: CAT  .35 break
01[12:14] {@Threei}  If holds  .45
[12:15] {dino} syt
[12:16] {dino} smr s .37
[12:17] {dino} cov syt .59, +.78
[12:18] {dino} mon spike
[12:19] {dino} mon smr s .70
[12:20] {dino} cov mon .30, +.40
[12:20] {dino} vrtx stop .31 -.30
[12:28] {dino} syt smr s .69
[12:31] {dino} sep spike
[12:33] {dino} syt stop .00 -.31
01[12:34] {@Threei} Long Setup:  IWM  118 break
01[12:34] {@Threei}  If holds  .90
01[12:35] {@Threei}  change to aggressive
01[12:35] {@Threei}  .95 break
01[12:35] {@Threei}  If holds  .90
[12:36] {dino} wldn spike
[12:36] {dino} hl s .27
[12:39] {dino} syt smr s .02
[12:54] {dino} syt stop .32 -.30
[12:55] {dino} rinsed
01[12:57] {@Threei}  annoying
[12:57] {dino} lh/ll syt
[12:58] {dino} reload s .88
[13:00] {dino} agrx rocking
01[13:02] {@Threei}  hey nemo
01[13:02] {@Threei}  how did it go?
[13:05] {nemo} Polymyalgia Rheumatica...long term Prednisone treatment
01[13:05] {@Threei}  could've been worse, I suppose
[13:06] {nemo} always, but Prednisone is problematic
01[13:07] {@Threei}  have you ever seen Darth Vader playing violin? only in Victoria: https://www.facebook.com/photo.php?fbid=670875829658602&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[13:07] {troub} what size nemo?
[13:08] {nemo} you mean dosage?
[13:08] {troub} I've taken 7m daily for ii yrs, no side issues
[13:08] {nemo} Knock on wood
[13:08] {nemo} they
[13:08] {dino} emes smr l .05
[13:09] {nemo} starting at 15
[13:09] {nemo} will taper
[13:09] {nemo} 5 mg didn't do it
[13:09] {nemo} osteoporosis preventative treatments on the table too
[13:10] {dino} gl nemo
[13:11] {nemo} he's an irascible italian, it's like trying to massage a porcupine
[13:11] {nemo} suicide is becoming an option ;-)
01[13:31] {@Threei} Long Setup:  TZA  .40 break
[13:31] {dino} emes to .75
01[13:31] {@Threei}  If holds  .35
01[13:36] {@Threei}  Invalidated
[13:38] {dino} emes to .99
[13:39] {dino} to .17 expect slip
[13:40] {dino} slipped, out .00, +.95 emes
[13:41] {RonS} gj
[13:41] {dino} ty
01[14:14] {@Threei} Long Setup:  IWM  118 break
01[14:15] {@Threei}  If holds  .90
01[14:25] {@Threei}  half out
[14:29] {dino} aspn spke
01[14:42] {@Threei} Long Setup:  LULU  .40 break
01[14:46] {@Threei}  If holds  .35
01[15:10] {@Threei}  sigh
01[15:10] {@Threei}  hate the afternoon
01[15:28] {@Threei} Short Setup: FB  .40 break
01[15:28] {@Threei}  If holds  .50
01[15:28] {@Threei}  last attempt to squeeze something out of this stone
01[15:32] {@Threei}  change to .45 break
01[15:32] {@Threei}  If holds  .55
[15:34] {nemo} spy
[15:51] {dino} calling it a day, gn
01[15:52] {@Threei}  take care dino
01[15:52] {@Threei}  come on FB, drop a little more
01[15:56] {@Threei}  good girl
01[15:56] {@Threei}  a bit more
01[15:57] {@Threei}  OK
01[15:57] {@Threei}  out
01[15:57] {@Threei}  thank you, have a good evening
01[15:57] {@Threei}  see you tomorrow