In DXO @ 2.58
I am inches from selling the remaing 6,000 shares here too because I love oil and EXM at these levels. That's usually my criteria (Do I have a better place to put the money?). But something tells me that FEED is going to go up a lot in the next month (just a hunch)Did the same thing, David.Took the profit from FEED at 3.40 and moved it to EXM at 6.30. Trying to decide whether to pull the FAZ profit off the table now, too. I don't think this is a one day thing, but the BDI and huge pull back on EXM smell like an over-reaction.
Agreed on FEED. Just feel that EXM has a little more short term upside and think I can get back to FEED around 3.20-3.40 any time this week. Hard to know if this is a natural pullback for EXM from the runup while the BDI dropped or if this is one of many over-reactions we've seen over the past two weeks. I'm betting we see 6.75+ with EXM before 3.6-3.7 with FEED.We'll see.I am inches from selling the remaing 6,000 shares here too because I love oil and EXM at these levels. That's usually my criteria (Do I have a better place to put the money?). But something tells me that FEED is going to go up a lot in the next month (just a hunch)Did the same thing, David.Took the profit from FEED at 3.40 and moved it to EXM at 6.30. Trying to decide whether to pull the FAZ profit off the table now, too. I don't think this is a one day thing, but the BDI and huge pull back on EXM smell like an over-reaction.
ETA: Then again, FEED could go up .15/share at any second...like the 45 seconds it took to type the reply.

analog_hiss said:Wow, a couple of limits I set last night hit. Just as I said I was going to hold FEED for a while, a stop loss for 3.05 hits this morning.
Oh well, that's what I get for playing it too safe.FEED looks like it will hit 3.50 by close, easy.Waited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on.
Couldn't get the "Press Your Luck" theme out of my head after 3:30 and sold FAZ at 3:55. Might be well above 12 tomorrow morning, but I decided not to be aWaited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on.
.Let's hope. Wasn't a fan of seeing it slide, slide, slide all day. Almost bought another 500 shares in the $6.30's but decided I didn't want to get overweight.Of course, I've got a paper gain of $1,950 on FEED today, I should not be complaining.EXM After Hours: 6.72 +0.22 (3.37%) - Apr 20, 4:18PM EDTLet's hope it holds.

FAZ up 30% on the day. I scored HUGE today....I'm gonna holdout for more...at least until 15.0. The more analysts learn about the Banks, the more they're not going to like. It's gonna get ugly and I plan to profit from it...gotta love being able to short the market!!Waited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on.
Anybody else holding for more huge gains or are you getting out now?Congrats. Still holding 200 or 300 shares and bought some FAS after the drop as insurance. Hope you're right about $15.FAZ up 30% on the day. I scored HUGE today....I'm gonna holdout for more...at least until 15.0. The more analysts learn about the Banks, the more they're not going to like. It's gonna get ugly and I plan to profit from it...gotta love being able to short the market!!Waited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on.Anybody else holding for more huge gains or are you getting out now?
Well if the govt. is honest/transparent about the stress tests then we will exceed 20 easily IMHO...but if they play hide and seek or even sugarcoat it we may not see the explosive gains I was hoping for, although todays 30% wasn't bad.Congrats. Still holding 200 or 300 shares and bought some FAS after the drop as insurance. Hope you're right about $15.FAZ up 30% on the day. I scored HUGE today....I'm gonna holdout for more...at least until 15.0. The more analysts learn about the Banks, the more they're not going to like. It's gonna get ugly and I plan to profit from it...gotta love being able to short the market!!Waited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on.Anybody else holding for more huge gains or are you getting out now?
Good job guys, I just don't have the stomach for playing the short side. I just need the safety of knowing that if if FAS goes down hard now that somewhere down the road it will get my money back. I'll just average down and hope for a spike.Well if the govt. is honest/transparent about the stress tests then we will exceed 20 easily IMHO...but if they play hide and seek or even sugarcoat it we may not see the explosive gains I was hoping for, although todays 30% wasn't bad.Congrats. Still holding 200 or 300 shares and bought some FAS after the drop as insurance. Hope you're right about $15.FAZ up 30% on the day. I scored HUGE today....I'm gonna holdout for more...at least until 15.0. The more analysts learn about the Banks, the more they're not going to like. It's gonna get ugly and I plan to profit from it...gotta love being able to short the market!!Waited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on.Anybody else holding for more huge gains or are you getting out now?
My sell order is at $13.16 and I'm in at $12.19. Am I being greedy here?I have to disagree with some of you on FAZ. I think we'll see some profit taking today and I don't think we're totally out of the woods yet on this "financial crisis". A lot of companies are reporting next week, including several smaller banks and GS on Tuesday. I agree that we will probably never see FAZ at $20 again, but it wouldn't surprise me if we hit $15 again....for a few hours.![]()
Oops.Couldn't get the "Press Your Luck" theme out of my head after 3:30 and sold FAZ at 3:55. Might be well above 12 tomorrow morning, but I decided not to be aWaited for the end of day acceleration and picked up my second group of shares at 6.565. My average is now 7.34. If it hits $5 this week I will buy my last group. If it hits $8, I will look to sell.Goog luck to all FAS/FAZ owners!Picked up FAS at open for 8.35 (one third of my account). It looks like I will be testing my average down theory here quickly. I will double down if it gets to 7.00 or at the end of the day if it is still below 7.50. If it continues down in the coming days, I will put the last third of my stack in around 5.50. Then wait and hold on..
DD - I feel odd offering advice to someone who's crushed the market this year but here goes. You often provide detailed analysis when you first take a position and then later get away from this analysis. For instance with dry shipping you made the case why it was undervalued. Later you seconded guessed yourself because things were slow to come and got out just prior to the gains coming you predicted came to fruition. With oil you made a great case about why DXO was a strong play even though oil was overpriced. You talked about shorting after the roll overs occurred last week. My suggestion would be to re-read your initial posts about why you took a position and give them a little more weight before you change a strategy. Your initial calls always seem to be spot on.and oil is heading further south....how do I always get upside down in oil?
its already up there in premarketMy sell order is at $13.16 and I'm in at $12.19. Am I being greedy here?I have to disagree with some of you on FAZ. I think we'll see some profit taking today and I don't think we're totally out of the woods yet on this "financial crisis". A lot of companies are reporting next week, including several smaller banks and GS on Tuesday. I agree that we will probably never see FAZ at $20 again, but it wouldn't surprise me if we hit $15 again....for a few hours.![]()
Yeah, I see that.....thinking of changing my sell order to $13.30 and then not looking at it again.its already up there in premarketMy sell order is at $13.16 and I'm in at $12.19. Am I being greedy here?I have to disagree with some of you on FAZ. I think we'll see some profit taking today and I don't think we're totally out of the woods yet on this "financial crisis". A lot of companies are reporting next week, including several smaller banks and GS on Tuesday. I agree that we will probably never see FAZ at $20 again, but it wouldn't surprise me if we hit $15 again....for a few hours.![]()

Good thing about oil is that will rebound. But you are right that we may have to hold this longer than I had hoped. I am upset that I another 10,000 shares yesterday after my initial buy. I am going to add even more to this and my EXM position today.Sure glad I bought DXO yesterday. GOnna be a fun day.Already down to $2.42
I'll say, already at $6.66added 2,000 shares of EXM at 6.24 (seemed like I got screwed at the time as I ordered via market order and the price was 6.17, but I see this is moving fast this morning)
Just came here to post this.... Kicking myself for not jumping in at 3.50.I just saw FEED trip the $4.00 mark.![]()
Kicking myself for setting a loss order of 3.05.Just came here to post this.... Kicking myself for not jumping in at 3.50.I just saw FEED trip the $4.00 mark.![]()
Bought in a small posistion of 500 at 3.89. I think this will be a long term China Play and wont mind if I buy more if this slides back to 3.20. I have been puting off jumping in and couldn't handle it if this thing moves to $12 by the end of the year.Kicking myself for setting a loss order of 3.05.Just came here to post this.... Kicking myself for not jumping in at 3.50.I just saw FEED trip the $4.00 mark.![]()
Just updating. These options expired in the money so I did hit that 14% return.I mirrored your trade here and it's looking good going into 4 days before options expire. GE is well over the strike price of 11 (knock wood.) If the options expire in the money this weekend I make $713.63 ~ 14%.GE just keeps giving gifts. I had covered calls written for 10 that expired Friday. GE had been over 10 and had assumed my shares would be sold. It dipped on Friday below the strike price and now right back over $10. So I keep my premium and the shares. Just wrote some April 11 covered calls for another $.50/share. I'll either cash in an extra $1.50 or shave another $.50 off the cost.
It's funny you posted this because I just put in a 5,000 share buy at 1.35 if it executesSold 1,500 EXM @ 6.95 for a profit of $354.73~~~~Dodds, have you looked at FREE recently? $0.10 off it's high for the day. Seems to be jumping around between 1.45 & 1.35 today.
Are ya scared yet?I bet eoMMan is.In on FAZ @ 10.30