Thursday, September 18, 2014

Aug 18 2014

Decent day, even though quite narrow and choppy

Session Start: Thu Sep 18 00:00:00 2014

01[09:19] {@Threei}  Upside:
01[09:19] {@Threei}  -MLHR +3.2% (earnings)
01[09:19] {@Threei}  -OXGN +4.0% (initiates phase II study of Fosbretabulin in Gastrointestinal Neuroendocrine Tumors
01[09:19] {@Threei}  HNSN +11% (positive study re: Sensei Robotic System)
01[09:19] {@Threei}  -SODA +3.6% (strength attributed to recirculating takeover chatter)
01[09:19] {@Threei}  -VVUS +15% (FDA Approval of STENDRA sNDA)
01[09:19] {@Threei}  -XXII +17% (acquires License for Cannabinoid Biosynthesis Genes, takes 25% stake in Anandia Laboratories Inc for $1.5M in cash and stock)
01[09:20] {@Threei}  -PWE +9.4% (earnings)
[09:20] {troub} good morning
01[09:20] {@Threei}  -LIVE +17% (acquires
01[09:20] {@Threei}  troub :)
01[09:20] {@Threei}  Downside:
01[09:20] {@Threei}  -PIR -11% (multiple brokerage downgrades)
01[09:20] {@Threei}  -EPR -3.4% (prices 3.2M share offering at $52.25)
01[09:20] {@Threei}  -FLXN -23% (announces Clinical Hold of FX006 Phase 2b Clinical Trial in Osteoarthritis of the knee)
[09:20] {jfjf64} morning all
01[09:20] {@Threei}  jf!
01[09:20] {@Threei}  welcome back
[09:20] {jfjf64} ty
01[09:21] {@Threei}  -RAD -8.4% (earnings)
01[09:21] {@Threei}  -MCHX -29% (cuts call-driven segment Rev forecast)
[09:24] {nemo} No lockup period on Alibaba IPO
01[09:24] {@Threei}  at all?
[09:24] {nemo} wonder if it gets Facebooked
01[09:24] {@Threei}  sell whenever you want?
01[09:25] {@Threei}  that's a lot of confidence
[09:25] {RonS} gm
[09:25] {nemo} this is a very mature company relative to the IPOs of the late 90s
01[09:25] {@Threei}  ron :)
01[09:25] {@Threei}  well, so was FB
[09:26] {nemo} not like this...didn't this start around the time of Ebay?
01[09:26] {@Threei}  hmmm... I thought good while later
[09:27] {nemo} 2003
[09:27] {nemo} this company is 21 years old
[09:27] {nemo} 111
[09:27] {nemo} 11
[09:27] {nemo} sheesh
[09:27] {nemo} I'm going back to bed
[09:27] {RonS} Dec 1998
[09:28] {nemo} Had a dream about a talking mouse
[09:28] {nemo} oh...I'm looking at TaoBao
01[09:32] {@Threei} Short Setup: FB  .90 break
01[09:32] {@Threei}  a bit late alert
01[09:32] {@Threei}  1:1, so no secondary entry
[09:33] {nemo} SNDK
01[09:33] {@Threei} Long Setup:  IWM  .30 break
01[09:33] {@Threei}  change to .20
01[09:33] {@Threei}  If holds  .10
[09:34] {nemo} it's testing yesterday's high
01[09:34] {@Threei}  nah
[09:34] {nemo} IWM was
01[09:34] {@Threei}  crap, FB
01[09:34] {@Threei}  nice 1:2, got away
01[09:35] {@Threei} Long Setup:  TWTR  .25 break
01[09:36] {@Threei}  If holds  .15
01[09:36] {@Threei}  change to .20 break
01[09:38] {@Threei}  meh
01[09:39] {@Threei}  oh come on
[09:39] {nemo} X
01[09:40] {@Threei}  mother...
01[09:43] {@Threei} Long Setup:  FB  .80 break
01[09:44] {@Threei}  If holds  .70
01[09:45] {@Threei}  Invalidated
01[09:46] {@Threei}  valid again
01[09:47] {@Threei}  and again not
[09:47] {nemo} couldn't get above vwap
01[09:47] {@Threei} Long Setup:  TWTR  .40 break
01[09:50] {@Threei}  stop .34
01[09:50] {@Threei}  1:1 was very quick
[09:51] {nemo} TWTR looks short
[09:51] {nemo} probably test VWAP
01[09:52] {@Threei}  FB again
01[09:52] {@Threei}  .80 break
01[09:52] {@Threei}  this time should finally trigger
01[09:54] {@Threei}  wow, still not
[09:54] {jfjf64} lol
01[09:54] {@Threei}  TWTR vlosed balance at .34
[09:58] {nemo} frig spy ex div tomorrow
[09:58] {nemo} have to use the IVV
[10:00] {jfjf64} fb
[10:00] {jfjf64} ?
01[10:01] {@Threei}  nah
01[10:01] {@Threei}  no way to tell
[10:03] {nemo} LVS
01[10:04] {@Threei}  lol FB
01[10:04] {@Threei}  this is real teaser today
[10:07] {nemo} LVS
[10:10] {nemo} indexes testing the highs
01[10:10] {@Threei}  X, watching for pullback
[10:11] {kikesan} morning
01[10:13] {@Threei}  kikesan :)
01[10:16] {@Threei}  a tad more X, please
01[10:16] {@Threei}  from under .40 would be ideal
01[10:18] {@Threei}  sigh
[10:19] {kikesan} What is the setup proposed for X?
[10:19] {kikesan} sorry
01[10:20] {@Threei}  pullback entry'
[10:20] {kikesan} ok
[10:21] {jfjf64} fb
[10:21] {jfjf64} lol
[10:25] {nemo} bounce time SNDK?
01[10:26] {@Threei} Long Setup:  VXX  .50 break
01[10:26] {@Threei}  If holds  .40
[10:30] {nemo} SNDK
[10:31] {nemo} bounce before .80
01[10:35] {@Threei}  chop chop chop
[10:36] {nemo} watching SNDK for VWAP bounce
[10:38] {jfjf64} ??
[10:38] {jfjf64} .80
[10:38] {nemo} .84 VWAP
[10:38] {nemo} if you can get .80 great, support at ..61
01[10:41] {@Threei}  (UR) Ukraine PM Poroshenko: Russia has invaded the Ukraine, Russia is fanning the flames of war - address to US Congress - Russia is a threat to global security, could next cross European borders, asks "who is next?"- Ukraine needs assistance in the form of military supplies- Requests special security status (highest level of relationship with NATO for a non member)
[10:43] {nemo} I have to remember to go to the liquor store the night before Quad Witching
02[10:47] * Disconnected
Session Close: Thu Sep 18 10:47:02 2014

Room server shutdown during which we traded in reserve room, got 1:3 on SNDK and couple scalps

Session Start: Thu Sep 18 10:47:02 2014
Session Ident: #discussions
02[12:57] * Attempting to rejoin channel #discussions
03[12:57] * Rejoined channel #discussions
03[12:58] * Retrieving #discussions modes...
[13:05] {troub} you back here now threei?
01[13:05] {@Threei}  yes
[13:05] {troub} small select group
01[13:06] {@Threei}  those who are awaken
01[13:17] {@Threei}  1:2  P
01[13:47] {@Threei} Long Setup:  PRU  .35 break
01[13:47] {@Threei}  If holds  .30
01[13:51] {@Threei}  meh
[14:08] {nemo} rinse
01[14:08] {@Threei}  well, dipped a bit too far for a rinse
01[14:08] {@Threei}  honest stop
[14:08] {nemo} ahhh
[14:09] {nemo} Qs
01[14:09] {@Threei}  it's when they tag a stop just enough to get us out and immediately bounce back up and proceed to the target when I start switching to Russian
01[14:10] {@Threei}  because you may question Russian contribution to the world history and culture in anything but swearing department
[14:10] {nemo} I don't
01[14:11] {@Threei}  I know. Yoy are a true connosier or however you spell that
01[14:19] {@Threei} Short Setup: FB  .80 break
01[14:19] {@Threei}  If holds  .90
[14:22] {nathan} what's up gents!
[14:24] {nemo} Dino would love AOL
01[14:24] {@Threei}  hey nathan
01[14:28] {@Threei}  die FB
01[14:28] {@Threei}  die more
[14:34] {nathan} is my computer or is everything frozen?
01[14:34] {@Threei}  hmmm
01[14:34] {@Threei}  no, things move
[14:35] {nemo} el computer loco
01[14:35] {@Threei}  FB is almost at target
[14:35] {nathan} ok
01[14:37] {@Threei}  half out
01[14:37] {@Threei}  stop .81
01[14:38] {@Threei}  closed
01[14:43] {@Threei}  BC Teachers Vote Today on Whether to Approve a Tentative Deal
01[14:43] {@Threei}  The 6 year deal includes a 7.25% wage increase.
[14:43] {nemo} hope they don't, kinda' enjoy the room without the Trotskyite
01[14:43] {@Threei}  many demand to say no since "it doesn't cover inflation rate"
[14:43] {RonS} ...the whole province been on strike, not just Victoria?
01[14:44] {@Threei}  if they reject the deal, I expect them to be lynched
01[14:44] {@Threei}  yes ron
01[14:44] {@Threei}  come on nemo, he is our Trotskyite
[14:44] {nemo} gotta' get the hammer eventually
[14:45] {RonS} wow, who was the rocket scientist that allowed such a construct...
[14:45] {nemo} I have an MBA and degrees in philosophy and advanced mayhem
01[14:47] {@Threei}  "If I wanted, in two days I could have Russian troops not only in Kiev, but also in Riga, Vilnius, Tallinn, Warsaw and Bucharest," Mr Putin allegedly told President Petro Poroshenko of Ukraine, reported Süddeustche Zeitung, a German newspaper.
[14:47] {nemo} I read that a couple of weeks ago
01[14:48] {@Threei}  no, that was another remark
01[14:48] {@Threei}  "two weeks to take Kiev"
[14:48] {nemo} AOL nuts
[14:48] {cosmo} I saw some in San Diego once
01[14:48] {@Threei}  Mr Putin's alleged threat bears similarities to remarks he made to Jose Manuel Barroso, the president of the European Commission, in which he warned: "If I want to, I can take Kiev in two weeks".
[14:49] {cosmo} They were on leave...I think
[14:50] {cosmo} They were Charger fans...they said
01[14:50] {@Threei}  they knew who charger was?
[14:51] {cosmo} ONe of them had on a #55 jursey...
[14:51] {cosmo} jersey
[14:53] {RonS} $AOL spike to new Hod on chatter of $YHOO M&A #Rumors
[14:53] {nemo} why buy AOL
[14:53] {RonS} misery loves company?
[14:55] {RonS} vsi gnc spike
01[14:57] {@Threei} Short Setup: PRU  .25 break
01[14:57] {@Threei}  If holds  .32
01[14:57] {@Threei}  14:53] {RonS} misery loves company? LOL
01[15:02] {@Threei}  Invalidated
01[15:18] {@Threei}  I have bad news and good news
[15:18] {nemo} Ese coming back huh?
01[15:18] {@Threei}  bad: tech guys still can't pinpoint the reason for these recent server hiccups
[15:19] {nemo} Chinese hackers
01[15:20] {@Threei}  good: I received an acess to the server so I will be able to restore the room much faster, since bulk of time was to get them to fix it, with time difference etc
01[15:20] {@Threei}  should take minutes now instead of hours, in cases when it's a hiccup and not complete shutdown
01[15:21] {@Threei}  and majority cases were just hiccups
01[15:22] {@Threei}  but you are right about hackers... website and e-mail was down yesterday for good two hours, massive DOS attack on hosting company
01[15:23] {@Threei}  and ese never went anywhere, he just wasn't able to be in the room with these pickets
01[15:24] {@Threei}  and don't pick on him... think about it: being unionized teacher, musician and married to unionized nurse, he had no chance {G}
[15:25] {nemo} they shoot horses, don't they?
01[15:25] {@Threei}  lol
[15:27] {nathan} gents have fun!
01[15:27] {@Threei}  think ese is bad? here is approximation of a dialog I had with a guy who signed up for a trial and spent in the room about 5 minutes:
[15:27] {nathan} cya tomorrow
01[15:27] {@Threei}  take care nathan
01[15:27] {@Threei}  he: where is trading room?
01[15:27] {@Threei}  I: you were right in it
01[15:28] {@Threei}  he: no, you misunderstand. That was chat room. I am asking about trading room
01[15:28] {@Threei}  I: that was trading chat room
01[15:28] {@Threei}  he: why there was no trading then?
01[15:28] {@Threei}  I: here is quote, a call on FB
01[15:28] {@Threei}  you saw it? it wasn't trading??
01[15:29] {@Threei}  he: no, it was something like words. Where was trading?
01[15:29] {@Threei}  to make story short,
01[15:29] {@Threei}  he was looking at his brand new trading software expecting our call to materialize in it
01[15:29] {@Threei}  get it?
01[15:30] {@Threei}  he thought when he connects trading room, our calls will start getting executed in his account
[15:30] {troub} and it doesn't?
01[15:30] {@Threei}  of course it does, he just needed platinum membership :)
[15:31] {_KIKESAN} that's incredible!!
01[15:31] {@Threei}  some folks I deal with are beyond belief
01[15:31] {@Threei}  so... leave ese be, he is far from worst :)
[15:32] {_KIKESAN} MU long .45 if holds . 40?
01[15:33] {@Threei}  too narrow...
[15:33] {RonS} lol... British Empire To Be Reduced To 8 Acres Around Buckingham Palace By 2050
01[15:33] {@Threei}  unless you want 3-4 cents scalp, I don't see the point
01[15:33] {@Threei}  lol ron
[15:34] {_KIKESAN} ok
[15:37] {_KIKESAN} when you say too narrow, what does it mean?
01[15:37] {@Threei}  range in which it moves
01[15:38] {@Threei}  sits for hoirs within 10 cents
01[15:38] {@Threei}  how much of a move can you expect from it
[15:38] {_KIKESAN} without enough volatility?
01[15:38] {@Threei}  whole daily range is that early morning spike, after that it did nothing
01[15:38] {@Threei}  right
[15:39] {_KIKESAN} ok. understood.
[15:40] {_KIKESAN} ty
01[15:42] {@Threei}  sure
[15:43] {nemo} they squeeze a new ATH out this afternoon...any bets on opening above 202 tomorrow?
01[15:44] {@Threei}  well, scottish referendum may change things
01[15:46] {@Threei}  LOL:
01[15:46] {@Threei}  Note to Texans: If you buy $BABA, it means you hate America.
01[15:48] {@Threei} Long Setup:  VXX  .25 break
01[15:48] {@Threei}  If holds  .18
[15:51] {RonS} lol... Hello, I Am Jack Ma and I am Here to Take Your Money
[15:52] {_KIKESAN} see you tomorrow. Thanks.
01[15:52] {@Threei}  you too kikesan
01[15:56] {@Threei}  ok guys, thank you all
01[15:56] {@Threei}  have a good evening, see you tomorrow