Wednesday, June 10, 2015

June 10 2015

Very quiet but still nicely profitable day. Morning brought everything there was to earn today, then things stalled and remained frozen till the end

Session Time: Wed Jun 10 00:00:00 2015
[08:59] {dino} gm 3i
01[09:00] {@Threei}  dino :)
[09:09] {RonS} gm
01[09:11] {@Threei}  ron :)
[09:18] {dino} espr?
01[09:19] {@Threei}  [ESPR] Barclays maintains Overweight rating, price target $150; Expects shares could see pressure initially - Firm expects ESPR shares could experience pressure after the initial FDA AdComm panel for PCSK9's, despite the positive vote for approval (13 for- 3 against). - The panel's doubts in LDL's validity as a surrogate marker for benefits in CV events was surprisingly strong, and could raise concerns about the potential requirement of CV outcomes data before approval in certain settings.
[09:23] {dino} ty
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -HCC +36% (Tokio Marine confirms plans to acquire for $7.5B or $78/shr cash)
01[09:28] {@Threei}  -OGXI +18% (FDA Agrees with OncoGenex' Phase 3 AFFINITY Protocol Amendment)
01[09:28] {@Threei}  - LITB +15% (Acquires Strategic Stake in LightInTheBox Companies to Jointly-develop a Global "Internet-Plus" Strategy)
01[09:28] {@Threei}  -BLDP +10% (Signs Framework Agreement for Fuel Cell Module Development to Power Trams in China)
01[09:28] {@Threei}  -SIGM +9.6% (earnings)
01[09:28] {@Threei}  -OXM +8.6% (earnings)
01[09:28] {@Threei}  -CY +5.6% (ISSI agrees To Cypress Semiconductor's raised $20.25/shr cash offer)
01[09:28] {@Threei}  -CSG +4.6% (Said to be exploring a sale after receiving some takeover interest)
01[09:28] {@Threei}  -JCI +4.5% (To Explore Strategic Options For Separation Of Automotive Business)
01[09:28] {@Threei}  -OIH +4.3% (OPEC Keeps 2015 Oil Demand Growth Forecast Unchanged at 1.18M B/D)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -ESPR -20% (FDA advisory panel votes 13 to 3 in favor of risk profile for cholesterol drug Praluent, developed by Regeneron and Sanofi)
01[09:28] {@Threei}  -BDBD -18% (negative guidance)
01[09:28] {@Threei}  -SALT -17% (Offering $200M in common stock)
01[09:28] {@Threei}  -HRTX -3.8% (Prices 4.8M share offering at $24.75/shr)
01[09:28] {@Threei}  -REGN -3.7% (profit taking following FDA advisory panel votes 13 to 3 in favor of risk profile for cholesterol drug Praluent)
01[09:28] {@Threei}  -GPRO -3.0% (cautious comments by Citi; guides long-term gross margin target of 42-44%)
01[09:28] {@Threei}  -MFRM -3.0% (earnings)
[09:29] {dino} espr 77.21 gap
01[09:32] {@Threei} Long Setup:  FB  .90 break
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1:2
01[09:35] {@Threei}  1:3
[09:35] {dino} espr smr l .84
[09:37] {dino} out espr 81.69, +1.85
01[09:37] {@Threei}  wtg
[09:37] {dino} pulp
01[09:39] {@Threei} Long Setup:  WFC  .10 break
01[09:39] {@Threei}  If holds  57
[09:39] {dino} smr l .92
[09:40] {dino} stop .60, -.32
01[09:42] {@Threei} Short Setup: FB  .25 break
01[09:42] {@Threei}  If holds  .35
01[09:44] {@Threei}  1:1  WFC
01[09:45] {@Threei}  no go fb
01[09:45] {@Threei}  1 cent to target
01[09:47] {@Threei}  rinse... bastage
01[09:49] {@Threei}  1:2  WFC
[09:50] {dino} espr smr l .44
01[09:59] {@Threei} Long Setup:  TWTR  .80 break
01[09:59] {@Threei}  If holds  .70
[10:03] {RonS} curious lack of block volume espr
01[10:09] {@Threei}  1:3  WFC
01[10:09] {@Threei}  out
01[10:14] {@Threei} Short Setup: MCD  .90 break
01[10:14] {@Threei}  ugh... late
01[10:14] {@Threei}  in on bounc
01[10:18] {@Threei}  1:1  TWTR
01[10:22] {@Threei}  no go MCD
01[10:26] {@Threei} Short Setup: FB  .75 break
01[10:27] {@Threei}  If holds  .85
[10:29] {dino} semi drop
01[10:33] {@Threei}  trail FB to .81
01[10:34] {@Threei}  meh
[10:35] {dino} semi sm l .19
01[10:36] {@Threei} Long Setup:  LUV  35 break
01[10:36] {@Threei}  If holds  .90
[10:39] {dino} glob spike
[10:40] {dino} out semi .50, +.31
[10:40] {RonS} something out of Ghostbusters?
[10:40] {RonS} gj semi
[10:41] {dino} ty
[10:43] {dino} glob sm s .37
[10:48] {dino} i froze that
[10:48] {dino} espr pause
[10:48] {dino} bdbd drops again
[10:49] {dino} bdbd hl l .01
[10:50] {dino} stop is lod
[10:52] {dino} espr higher lows/higher highs
[10:58] {dino} semi hard stop .53
01[10:59] {@Threei}  (GR) ECB said to raise ELA ceiling to $83B from €80.7B - financial presskeep ELA collateral haircuts and elibility unchanged
[11:00] {dino} print, print, print
[11:01] {dino} damn nemo, its still buy the 17,700s
01[11:01] {@Threei}  as if there were any doubt
[11:02] {dino} just realized nemo mia
01[11:02] {@Threei}  will be late today
[11:02] {dino} captain obvious, lol
[11:05] {RonS} bdbd needs to sell itself to wwav...both are w/in a mi of each other
[11:07] {dino} you seeing anything ron?
[11:08] {RonS} 3 d guys strong...solar too...financials...someone bot 10k nov 27's pgr
[11:09] {dino} ty
[11:10] {nemo} why market so happy
[11:10] {dino} can espr take out hod? i'm riding common and calls fron 76.44
[11:10] {RonS} wow
[11:11] {dino} my gut says 85 area
[11:14] {dino} sold the espr calls, +2.00 /+33%
[11:15] {nemo} was there news on that spike
[11:15] {dino} no
[11:15] {dino} yes nemo, something about fda on drug
[11:15] {cosmo} bond holders moving into stocks?
[11:15] {dino} but uts not their drug from what i gather
[11:15] {nemo} not a bad theme
[11:16] {RonS} GERMANY SAID TO CONSIDER SETTLING FOR ONE GREEK REFORM UP FRONT
[11:17] {RonS}  GERMANY SAID TO CONSIDER OFFERING GREECE STAGGERED DEAL ON AID
[11:17] {dino} greece will gladly pay you tomorrow for a hamburger today
[11:17] {cosmo} Opah
[11:17] {RonS} ...comments from 'sources'...
[11:22] {dino} glob cov/stopped .55 -.18
[11:23] {dino} out remaining semi .64 +.45
[11:27] {RonS} mjn drop
[11:30] {RonS} hearing jpm lowered mjn incl etimates...
[11:30] {dino} sm l .10 mjn
[11:31] {dino} out mjn .40, +.30, ty ron
[11:32] {RonS} np...shoulda been faster... :)
[11:33] {dino} yeah, should've held longer too
[11:34] {RonS} lots of rad call buying today
01[11:35] {@Threei}  (GR) Spain Fin Min de Guindos: A Greece exit from the EMU is off the table, want to keep Greece in the EMU
[11:35] {dino} bdbd won't move, tighten to .89
[11:37] {dino} me thinks spain protests too much
[11:37] {dino} they are next
[11:48] {dino} dlr spike
[11:49] {dino} looking to acquire another company
[11:49] {dino} wierd because few years ago the acquiring companys' stock usyally dropped, now they blast off
[11:56] {RonS} etsy bitsy strength
[11:56] {dino} yesterday too
[12:04] {dino} wait for it....out espr 82.44.....from 76.44...+6.00
[12:07] {dino} tough crowd
01[12:08] {@Threei}  we fainted
[12:09] {dino} :)
[12:10] {dino} lly at it again, spikey
[12:19] {dino} damn, espr straight to 85 like my gut said earlier. was hoping for pullback
[12:21] {RonS} you suck...  :0
[12:21] {dino} roflol
01[12:21] {@Threei}  lol
06[12:21] * dino slaps RonS around a bit with a large trout
[12:23] {dino} shld getting killed this week -14
[12:33] {dino} calling it a day. thx all
01[12:34] {@Threei}  take care dino
[12:34] {dino} u2, back tomorrow
01[13:59] {@Threei}  *(US) MAY MONTHLY BUDGET STATEMENT MAY: -$82.4B V -$97.0BE
01[14:24] {@Threei} Long Setup:  IWM  .25 break
01[14:36] {@Threei}  change to .20
01[15:24] {@Threei}  ok... going to try VXX .40 break
01[15:24] {@Threei}  as a last attempt
01[15:24] {@Threei}  with stop .34
01[15:39] {@Threei}  move your butt VXX
01[15:46] {@Threei}  time's pressing, stop to .39
01[15:54] {@Threei}  ok... out with tiny scalp
01[15:54] {@Threei}  have a good evening guys, see you tomorrow