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Yup, acquired them last summer. Forbes has a great article about it (google Forbes + David Baazov). It's a long term hold for me. With Pokerstars comes 89 Million registred users and Baazov is a genius with verticals. Q4 earnings should be stout and ultimately this could be a $50 stock soon.
Nice job, I thought about getting some several months back but couldn't pull the trigger. Did you mention earlier you got in at 2-3? Damn!!
) and a few fellas here jumped on. It's a Canadian stock, so tough to locate for some guys. They will list on the NYSE this year.
Continuation. This weeks update can be found here:
Siff, do you ever exit early? When a trend turns quickly and starts crossing moving averages, or is it always month end regardless?
Sold this morning at $70.45 for a gain of $286.00 after commissions. Sold too early it seems but I couldn't pass up a 4.25% one day gain.St. Louis Bob said:
Don't feel too bad. Ran into a thread on another forum after this went belly up and people had their life savings in this thing. I was astounded (and felt pretty bad for some of them).
Been a lot of talk at work (I work at a Fortune 50 in accounting), and I'm seeing articles start to pop up about the headwinds being caused by currency going into 2015 for large US-based multi-nationals. With the US dollar strengthening against foreign currencies, this is
the GAAP P&L's for top line sales, where on a constant currency basis, large cap US firms might actually be beating the Street's estimates. Meanwhile, the Street is punishing (somewhat, not severely) companies who have large-scale OUS operations for missing 2014 NTS estimates or revising NTS/EPS for 2015 downward due to the current currency flux.
5% in a day... IDK if I should be greedy or just take the $$$.
No. I stick with it for the month. It's been frustrating for sure. One thing is we're swinging from one extreme to another and the top sector gets pick at an extremely overbought point then while it's owned reverts back to the mean - which means a series of losing trades for us. I'm spending a lot of time to research what to do when the top sectors are at "extreme" levels. I might make a logical "adjustment" at times when that occurs that include selecting the #2 Sector to just sitting in cash while the extremes get sorted out. I've got a lot personally at stake with this strategy. I need it to not only work at times when the market is "normal" but also during the times it is more erratic and prone to these "whipsaw" moves.
I'm out, I hate this company... I hope they go bankrupt and their executive team goes to jail to be gang raped for decades. This is the most pathetic company in the world!fantasycurse42 said:
I was just coming in to post pretty much the exact same thing.
I am in for the long haul....this should be an interesting year. Any per thoughts on next month's sector? I know we have a lot of time left just curious...
Siff - If I may - I think that part of your issue comes from the somewhat arbitrary as month end as the point where you make the change. Because of that, when it comes time to see analysis, my understanding of what you are doing, is that you take whoever is showing the most momentum at the moment regardless of where that momentum might have started. Since you never try and "time" things, your methodology only looks at what is happening at the moment and makes no "prediction" of when that trend may end. As it happens, the month ends over the last few have been times where most of the momentum plays you've made just happened to be at the end of their run-ups.
I do not. My first mention of this name goes back many many moons when Amaya was available for a couple bucks or more per share.
I own FEYE, been a fairly long term for me. I got in at $37.50 and it dropped from there. Earnings report has given the stock a boost. It's still a bit risky I think. I am going to hold this stock because the industry of cyber security is going to be more important as time goes by. This company is right in the middle of it.
Looks like a pretty solid downward trend. I'd short it but it's only @ .24. Not a lot of room left to drop.
i prefer the 40 year chart because that's what google finance has to offer.
What's your catalyst for higher prices or is this just a trading range opportunity? I gave up on silver entirely and haven't even looked at it in ages. Guessing its been consolidating for a couple years now between 16-20?
Mostly trading but in my totally amateur mind, there's no way this low inflation is sustainable. The oil price drop has been beneficial but locally the real estate market has been improving and I'm anecdotally seeing other increased spending going on. If an international incident doesn't cause an economic crisis and flight to precious metals, then you should see spending uptick in second quarter especially once the Northeast digs themselves out of feet of snow.
OOF I really like the increase in sales though.
No. Definitely not nervous. And the reason 75-95 looks sedate is just a matter of scale.
