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