Thursday, June 25, 2015

Jun 25 2015

Another slow but nicely profitable day, with FB  providing juiciest trades

Session Time: Thu Jun 25 00:00:00 2015
[09:09] {RonS} gm
01[09:09] {@Threei}  ron :)
[09:17] {dino} gm
01[09:17] {@Threei}  dino :)
[09:21] {RonS} mei smoked...no interest here until 31.50
01[09:22] {@Threei}  - Greece PM Tsipras said to be given 05:00 ET/09:00 GMT deadline to reach a workable economic reform compromise plan with creditors to release €7.2B in aid. Otherwise creditors would present a plan to finance ministers for a 'take it or leave it' choice by Greece.
01[09:22] {@Threei}  grr... couldn't they give a deadline during market hours?
[09:26] {dino} wrld?
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -CBLI +99% (entered private placement agreement to issue and sell 6.5M shares at $3.87/shr to investor Davidovich)
01[09:26] {@Threei}  -MHR +16% (pursuing sale of Eureka Hunter equity ownership)
01[09:26] {@Threei}  -WGO +6.3% (earnings)
01[09:26] {@Threei}  -BKS +2.5% (earnings)
01[09:26] {@Threei}  -AMBA +2.3% (positive broker commentary)
01[09:26] {@Threei}  -ODP +1% (positive broker commentary)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -MCP -37% (signed restructuring agreement with key creditors; confirmed Chapter 11 filing)
01[09:26] {@Threei}  -MEI -24% (earnings)
01[09:26] {@Threei}  -CREE -8% (Q4 & initial FY16 Rev guidance)
01[09:26] {@Threei}  -NCR -3% (reportedly wants $36/shr in any potential buyout deal but possible buyers are balking)
01[09:26] {@Threei}  -BBBY -2.7% (earnings; negative broker commentary)
01[09:26] {@Threei}  -NFLX -1.2% (negative broker commentary)
01[09:27] {@Threei}  WRLD ammendment to credit facility
01[09:27] {@Threei}  and downgrade
01[09:33] {@Threei}  sharp dive FB
01[09:33] {@Threei} Long Setup:  FB  .70 break
01[09:33] {@Threei}  If holds  .60
01[09:34] {@Threei}  change to .60 break
01[09:34] {@Threei}  wow
[09:34] {nemo} now that's a tail
01[09:34] {@Threei}  no kidding
[09:35] {RonS} Merkel .. discussions regarding the deal between Greece and their creditors are going backwards
[09:36] {nemo} Brussels meating ongoing
[09:36] {nemo} meeting
[09:36] {dino} lol
01[09:37] {@Threei} Long Setup:  FB  .50 break
01[09:37] {@Threei}  too fast
01[09:38] {@Threei} Long Setup:  FB  .40 break
01[09:38] {@Threei}  change to .30
01[09:39] {@Threei}  If holds  .20
01[09:39] {@Threei}  1:1
01[09:39] {@Threei}  finally caught one
01[09:40] {@Threei}  and even that was just a scalp
01[09:40] {@Threei}  lol
01[09:45] {@Threei}  (GR) EU official: Eurogroup talks "indefinitely suspended"; waiting for Greece to return with a better proposal - Confirms that there is no agreement in sight at this point
[09:46] {dino} its like double secret probation
[09:48] {dino} 07 throwing out lots of red
[09:50] {dino} caf drop
[09:51] {RonS} lol...hearing icahn may take hlf private... ackman would be screwed
01[09:51] {@Threei}  [HLF] Hearing strength attributed Pivotal research raises price target to $90 - Note suggests that the SEC may have completed its review of filing- Separately, hearing chatter Icahn could seek to take the company private
01[09:52] {@Threei} Long Setup:  DAL  43 break
01[09:52] {@Threei}  If holds  .90
[09:52] {dino} thats one way to win a long bet
01[09:54] {@Threei}  1:1
[09:55] {dino} caf sm l .02
01[09:56] {@Threei}  1:2
01[09:59] {@Threei}  1:3
01[09:59] {@Threei}  out
[09:59] {RonS} good one
01[09:59] {@Threei}  ty
[09:59] {RonS} twight zone material:  EU officials say the interruption to the meeting is a short break
01[10:00] {@Threei}  - France President Hollande: A deal for Greece is not too far off- Greece PM Tsipras: convinced we will come to an deal to overcome the crisis
[10:00] {RonS} twilight
01[10:00] {@Threei}  an deal?
01[10:01] {@Threei}  he is worse than I am at this
01[10:01] {@Threei}  my use of A and THE is atrocious but "an deal" is too far even for me
[10:02] {dino} wrld is odd, tightening credit line by 30m, and reductions in march, but thats a long way off
01[10:04] {@Threei}  Sat July 4 is International Free Hugs Day
01[10:04] {@Threei}  scared to ask...
01[10:05] {@Threei}  oh god
01[10:05] {@Threei}  For the past several years Marcia and I have brought our Free Hugs posters out to the Homecoming Statue at Ship Point to share hugs with both residents and visitors alike. We've hugged hundreds of people from over forty countries.
[10:06] {dino} how about a free beer day
[10:06] {RonS} thinkin they sell the "hugs not drugs" t-shirts...
[10:06] {dino} wrld vsm l .75
[10:06] {dino} gappy sucker, wide
01[10:07] {@Threei}  I just had a look at marcia's photo, ron... I'll take drugs
[10:07] {dino} bigger question is, can joey chestnut win again
[10:09] {dino} hca, thp, adept spike
[10:09] {dino} thc
[10:10] {dino} cyh
[10:10] {RonS} guess scotus can't read: O care subsidies upheld
[10:13] {dino} thc .50 brk s
[10:13] {dino} small
01[10:17] {@Threei} Short Setup: MCD  .40 break
01[10:17] {@Threei}  If holds  .50
[10:18] {dino} cov thc .09, +.40
[10:19] {dino} pulp
01[10:21] {@Threei}  Invalidated
01[10:23] {@Threei} Short Setup: FB  .30 break
01[10:23] {@Threei}  If holds  .30
[10:24] {dino} cyh sm s .09
01[10:27] {@Threei}  no go
[10:27] {dino} cov cyh .02, +.07
[10:29] {dino} thc sm s .67
[10:33] {RonS} IMF spokesman states that if Greece miss the June 30th payment they are not technically in default however expects Greece will pay
01[10:34] {@Threei}  hmmm
01[10:34] {@Threei}  (GR) IMF comments on Greece: Will not extend payment deadlines for Greece, Europe must offer debt relief for the bailout program - Greece could be in arrears if they fail to make the June 30 payment, EMU bailout bonds could be triggered in default as a result- WIll not disburse the bailout money for Greece unless the EMU promises debt relief
[10:34] {RonS} is there any integrity in this world?
01[10:34] {@Threei}  do they alternate their message depending on news outlet?
[10:34] {dino} thc stopped -.30
01[10:35] {@Threei}  (GR) EU's Dijsselbloem: Eurogroup meeting is over, door remains open for Greece to accept the proposals put forth by creditors - next Eurogroup scheduled for Sat morning
[10:35] {RonS} miles & meals....
[10:36] {RonS} cosmo decided the planet he is from ain't so bad after all...and went back...
01[10:37] {@Threei}  or just sat of his bag of kryptonite
01[10:37] {@Threei}  on
[10:43] {dino} cyh sm s .75
[10:46] {dino} cyh stopped .03 -.28
[10:52] {dino} last try thc sm s .77
[10:53] {dino} caf stop to .38
01[11:04] {@Threei}  In China Unscrupulous meat traders discovered selling 40-year-old beef, pork and chicken wings
01[11:04] {@Threei}  why not... aged beef
[11:05] {nemo} I miss anything?
01[11:06] {@Threei}  [11:04] {@Threei} In China Unscrupulous meat traders discovered selling 40-year-old beef, pork and chicken wings
[11:06] {dino} out caf .35, +.35
01[11:06] {@Threei} Long Setup:  IWM  .15 break
01[11:07] {@Threei}  If holds  .05
01[11:11] {@Threei}  1:1
01[11:15] {@Threei}  Newsweek: Putin's popularity reaches historic high among Russians
01[11:15] {@Threei}  141%?
[11:17] {dino} lol
01[11:17] {@Threei}  not a random number btw... his election organizers lost count in one of the regions and showed 141% voting for him :)
01[11:17] {@Threei}  it became a butt of many jokes since then
01[11:18] {@Threei}  Crimea sham referendum was labeled an utter failure after 93% result, with comments like "it's 48% below the mark"
01[11:21] {@Threei}  spoke to a friend in St Petersburg yesterday... she says it's beyond belief, brainwhasing machine is a smashing success of unimaginable proprotions
01[11:22] {@Threei}  people she knew all her life as smart, educated, reasonable, with highly developed critical thinking, started speaking with glassy eyes in phrases like "USA wants to destroy us, we have to protect ourselves, God is with us"
01[11:26] {@Threei} Long Setup:  FB  .50 break
01[11:26] {@Threei}  If holds  .40
01[11:30] {@Threei}  1:1
01[11:45] {@Threei}  Eurozone finance ministers held their fourth meeting in a week in another attempt to iron out a package of Greek economic reforms. Once again they were unsuccessful. After the meeting, German Chancellor Merkel that this weekend was the final chance for Greece, with a deal required before the market opened next Monday. The IMF reiterated that June 30th was Greece's hard deadline and the nation would be considered in arrears if it missed its payments at that time.
[11:53] {dino} cut them off and lets move on
01[11:57] {@Threei}  cosmo, you really shouldn't smoke while sitting on a box with kryptonite
01[12:17] {@Threei}  so, in an earthshaking turn, for the first time in many decades democrats won election in the most conservative province, Alberta
01[12:17] {@Threei}  (CA) Province of Alberta to double carbon fees over the next 1.5 years, to C$30/ton from C$15/ton currently - press - Will announce the results of royalty rates review soon that should be paid by oil and gas producers**NOTE: In early May, the New Democratic Party (NDP) won the provincial elections in Alberta province. NDP leader Rachel Notley promised to raise corporate taxes and to consider higher royalties on energy firms. -
01[12:35] {@Threei} Long Setup:  IWM  .85 break
01[12:35] {@Threei}  If holds  .80
[12:45] {cosmo} back...kryptonite has no effect on me
[12:45] {nemo} that sucks
[12:45] {nemo} for us
[12:46] {cosmo} sorry :)
01[12:47] {@Threei}  IWM is valid still
01[12:50] {@Threei}  (GR) Eurogroup: The Institutions are now in the process of assessing proposals from Greece; have some differing opinions on some issues
[12:59] {RonS} hifr becoming lowfr
01[12:59] {@Threei}  lol
[13:00] {RonS} dish dump
[13:05] {RonS} baby 600 day high... (guessing it's a crack baby...)
01[13:06] {@Threei}  hehe
01[13:13] {@Threei}  1:1
[13:19] {RonS} outr lower
[13:21] {RonS} mac 147 day low
[13:26] {RonS} wrld losing orbit
01[13:27] {@Threei}  and obrt losing world?
[13:29] {RonS} trannies spanked... .djt
01[13:40] {@Threei} Short Setup: FB  .20 break
01[13:40] {@Threei}  If holds  .30
[13:46] {RonS} hum halt...rumor aet takeout this weekend... ci in bidding as well
[13:49] {RonS} hum singing?  hum gone Pavarati?
01[13:54] {@Threei}  lol
01[13:54] {@Threei}  [HUM] Aetna nearing a deal to acquire the company in cash and stock deal; Cigna also interested but Humana board said to prefers AET as a partner - financial press - UNH and ANTM also may still be circling Humana and could submit their own bids.***Reminder: On May 29th, there were reports Humana was evaluating whether to sell the company, working with advisors. Aetna and Cigna were speculated as potential acquirers.Note: 06/16 HUM: Fear of being left out of M&A activity could prod HUM to soften negotiating position - press - still a very valuable asset with 3.1M Medicare Advantage plan members
01[13:57] {@Threei}  Invalidated  FB
01[13:57] {@Threei}  be back in 40
[13:58] {nemo} did HCA pop on a buyout rumor?
[13:58] {dino} oboma ruling imo
[14:10] {RonS} wow, computer crashed...first time, w/ bluescreen of death
[14:16] {RonS} test
[14:32] {nemo} AAPL no support until 127
[14:37] {dino} mdco
01[14:37] {@Threei}  MDCO Said to be looking at alternatives for European unit - press
01[14:50] {@Threei}  wow... Ron got hit by gremlins
01[14:51] {@Threei} Long Setup:  FB  .90 break
01[14:51] {@Threei}  If holds  88
01[14:54] {@Threei}  1:1
01[14:54] {@Threei}  lol... that was .10, not .90
01[14:54] {@Threei}  fingers and brain are disconnected
06[14:55] * dino slaps Threei around a bit with a large trout
01[14:55] {@Threei}  thanks, needed that
[14:57] {dino} np
01[14:57] {@Threei}  NATO member states may revise policies on lethal arms for Ukraine if Russia violates Minsk agreements
01[14:57] {@Threei}  IF??
01[14:57] {@Threei}  it violated them from day one
[14:57] {dino} yes
01[14:58] {@Threei}  1:2
01[15:04] {@Threei}  1:3
[15:06] {dino} gj
01[15:07] {@Threei}  ty
[15:24] {dino} gn all
01[15:24] {@Threei}  see you tomorrow
01[15:26] {@Threei}  http://www.arrestinglight.com/blog/2015/6/world-through-the-fish-eyes