**OFFICIAL** Trading and Investing Thread- Part -IX-

[woodbarry]

bought TSLA at 217... hoping for it to hit 300 before i get out.

Gonna hate your life when you lose all them gains

[badbart]

bought TSLA at 217... hoping for it to hit 300 before i get out.

Nice, I've also long TSLA pyramiding into it beginning at 147. I sold out around 236 before the model 3 roll out, then bought back in at 238. I've built a huge position don't have anymore margin to buy more, lol. The real test will be to see if it can breakout to new highs, I bought a lot of options hoping the IV will inflate before earnings and I'll sell right before earnings.

[woodbarry]

Jesus Bart are you nearly all in on tsla? Mirin' gains thus far and that sounds like a solid plan. When is their earnings announcement?

[badbart]

Jesus Bart are you nearly all in on tsla? Mirin' gains thus far and that sounds like a solid plan. When is their earnings announcement?

That is my collective2 portfolio, same as my personal trading account in percentage and holdings not size but tis close, lol. I plan on selling most of the TSLA, all my options and most of the stock before earnings. If earnings are good I'll start buying back in. I can't justify to myself gambling the gains on a earnings blow up.

[phailboat]

40% gain with trade fees taken into account. Made like 150$ lol. Phail use options bruh. I put in only like $320

started with $800 invested in VRX & CGC and got $100 left, gonna buy some troll companies stock just for lulz with last $100 lol

[Gothwaite]

http://www.wsj.com/articles/valeant-...ebt-1459974667

neato

edit: since the link asks for a login

Valeant Pharmaceuticals International Inc. on Wednesday secured a commitment from a majority of its loan holders to amend terms of its debt, according to a person familiar with the discussions.

The company and its bankers were able to convince more than half of the holders of its loans, by principal amount, to push back regulatory filing deadlines and loosen financial conditions on the loans.

Valeant agreed to pay a fee of $50,000 per $10 million of loans to lenders for the amendment and to boost interest rates on the debt by 1 percentage point, though the rate could decline if Valeant achieves certain financial metrics, the person said.

The company has been negotiating with the loan holders to avoid a technical default. Valeant announced last month that it might miss a deadline with lenders to file its annual report, or 10-K.

[jawbruh]

http://www.wsj.com/articles/valeant-...ebt-1459974667

neato

[thetrebel]

started with $800 invested in VRX & CGC and got $100 left, gonna buy some troll companies stock just for lulz with last $100 lol

Lmao

Mirin

[Gsxr25]

I'll follow on twitter. I like getting informational exposure to developing market investments.

Repped

[ifitness1]

http://www.wsj.com/articles/valeant-...ebt-1459974667

neato

edit: since the link asks for a login

Valeant Pharmaceuticals International Inc. on Wednesday secured a commitment from a majority of its loan holders to amend terms of its debt, according to a person familiar with the discussions.

The company and its bankers were able to convince more than half of the holders of its loans, by principal amount, to push back regulatory filing deadlines and loosen financial conditions on the loans.

Valeant agreed to pay a fee of $50,000 per $10 million of loans to lenders for the amendment and to boost interest rates on the debt by 1 percentage point, though the rate could decline if Valeant achieves certain financial metrics, the person said.

The company has been negotiating with the loan holders to avoid a technical default. Valeant announced last month that it might miss a deadline with lenders to file its annual report, or 10-K.

As I expected. CEO next. Big year brewin'

[Gothwaite]

started with $800 invested in VRX & CGC and got $100 left, gonna buy some troll companies stock just for lulz with last $100 lol

Wait as in you have 100 cash left or you lost 700?

[White-Belt]

P/L on that?



People quickly forget that what you use is not what WAS used. I've never looked at a carbon footprint for 10yr car lifecycle with daily use. It would be a very interesting paper. Gas vs Electric (and yes I'm talking about all the way back to production of both utilities)

I don't think they forget. I think they believe they know better and just don't bother doing any research or even basic reading lol

I posted a lim about tesla maybe 5 pages back. There is a comparison of a Jeep Grand Cherokee bs a tesla model (can't remember which one) but basically they make the claim, convincingly I might add that tesla causes more pollution - I took the numbers at face value so maybe I should take my own advice and do se research also

[phailboat]

Wait as in you have 100 cash left or you lost 700?

100 left in cash, thankfully lol

[woodbarry]

Well fuk prolly gonna have to buy in higher than I sold. I didn't expect them to settle it so fast. Why did they even have to pay the extra $? I thought they had until the end of April?



Lmao just read that after hours the stock moved another 6% up. fukfukfuk I can't imagine how high it is gonna gap up tomorrow. I might just buy in again in May 37.5 calls to save myself some money and figure the time should still be long enough.

[Gothwaite]

Well fuk prolly gonna have to buy in higher than I sold. I didn't expect them to settle it so fast. Why did they even have to pay the extra $? I thought they had until the end of April?



Lmao just read that after hours the stock moved another 6% up. fukfukfuk I can't imagine how high it is gonna gap up tomorrow. I might just buy in again in May 37.5 calls to save myself some money and figure the time should still be long enough.

end of april is for the 10k. the new terms just make that easier? idk, ifitness knows more than I

[Frontrun33r]

Good day in VRX, I've been averaged in at 33 throughout the drop to 25. Going to hold this for the ride up (only 200 shares but would be nice to get the double in next couple months). Big reason for the drop from 70 was fear of default, that's over now. I see 60's in the next two months.

[woodbarry]

Lol you guys would be doing so much better in options. sure those of you who own the stock have probably gotten like 20% gains. I bought options and despite $10 fees both ways I still made about 50% on my money(8% fees)

Also I think I am going to go with deeper OTM calls for maximum risk/reward

[phailboat]

Lol you guys would be doing so much better in options. sure those of you who own the stock have probably gotten like 20% gains. I bought options and despite $10 fees both ways I still made about 50% on my money(8% fees)

Also I think I am going to go with deeper OTM calls for maximum risk/reward

Aware me on options


might sell some stocks right now from one of my longterm picks for a 2% loss to free up cash to buy more VRX

[phailboat]

also noob question, should I be buying the American VRX or Canadian VRX?? is it just a matter of exchange rates?

[jackedguy87]

my net worth has been going up on average 5k a week since jan 1st and ONLY HALF of my stocks have rallied big the rest are late bloomers but soon will take off and u bet your ass ive been buying more!

guyss please do yourselves a favour and buy any of these stocks that I own which havnt taken off yet: lyd.to , spa.vn , ff.vn. FF is on the u.s. exchange as well btw.


one of my best performers is up 200% and has been consolidating for the past 6 weeks and will double again when gold starts its next leg higher which looks to have begun this week that pick is ssp.vn I'm so pissed at all of you NONE of you have taken my advice and are watching all this chit pass you by fack all my time and effort for nothing!

I said all this chit was gonna happen with my positions we had a couple false starts these past two years which was a blessing for me but now chit is real!

[Gothwaite]

Lol you guys would be doing so much better in options. sure those of you who own the stock have probably gotten like 20% gains. I bought options and despite $10 fees both ways I still made about 50% on my money(8% fees)

Also I think I am going to go with deeper OTM calls for maximum risk/reward

options are great, but not necessarily the end all. losing everything in 2 weeks if X doesnt hit X is stressful. at the same time, when you get lucky its fantastic

[ifitness1]

Good day in VRX, I've been averaged in at 33 throughout the drop to 25. Going to hold this for the ride up (only 200 shares but would be nice to get the double in next couple months). Big reason for the drop from 70 was fear of default, that's over now. I see 60's in the next two months.

Welcome aboard the Valeant express with us. Been long for a while now. Glad to get everyone on board.

also noob question, should I be buying the American VRX or Canadian VRX?? is it just a matter of exchange rates?

Exchange rates I believe and accessibility

Well fuk prolly gonna have to buy in higher than I sold. I didn't expect them to settle it so fast. Why did they even have to pay the extra $? I thought they had until the end of April?

Lmao just read that after hours the stock moved another 6% up. fukfukfuk I can't imagine how high it is gonna gap up tomorrow. I might just buy in again in May 37.5 calls to save myself some money and figure the time should still be long enough.

end of april is for the 10k. the new terms just make that easier? idk, ifitness knows more than I

It was a matter of paying a 1 time upfront fee to get reasonable interest rates. Seems like Valeant wanted fee +0.5% increase to the interest, and the lenders wanted 1.5%+. Honestly, the 1% increase they settled on isn't all that bad. If Valeant recovers faster and meets certain financial milestones they will reduce the interest. No way those loan funds, who own VRX CLO's would ever let them default.

Strongly considering buying more shares on margin, but that would just be irresponsible at this point..

[xRedStaRx]

Lol you guys would be doing so much better in options. sure those of you who own the stock have probably gotten like 20% gains. I bought options and despite $10 fees both ways I still made about 50% on my money(8% fees)

Also I think I am going to go with deeper OTM calls for maximum risk/reward

If the options are fairly priced, then the risk/reward is the same.

options are great, but not necessarily the end all. losing everything in 2 weeks if X doesnt hit X is stressful. at the same time, when you get lucky its fantastic

You can do a lot more than buying only one option on an underlying.

[Gothwaite]

You can do a lot more than buying only one option on an underlying.

Youre right. There's dozens types of options. I should've specified my statement to calls, because that's all I touch for now.

If you mean something else please let me know, I'm in this to make some money if possible, but ultimately learn. I've only been doing options for a few months now

[xRedStaRx]

Youre right. There's dozens types of options. I should've specified my statement to calls, because that's all I touch for now.

If you mean something else please let me know, I'm in this to make some money if possible, but ultimately learn. I've only been doing options for a few months now

Option strategies. That's the fun part about derivatives, you can literally bet on anything, the stock going up, down, sideways, or in f***ing circles.

[White-Belt]

We're getting a new CEO within the next few weeks. Its 50+ on a strong CEO appointment

Not saying it will or won't just lol at the reasoning

[badbart]

options are great, but not necessarily the end all. losing everything in 2 weeks if X doesnt hit X is stressful. at the same time, when you get lucky its fantastic

You are doing it wrong, research option spreads. A good example is a senthetic long position long a call short a put and you will get the same return as the stock. No Time or volatility decay and you can buy leaps if you want and have a year until they expire.

[TexasJaTT]

Had 370 bux to gamble with. Bought some TRXC....yolo??

[thetrebel]

Closing usdjpy short

500 pips

Suck me off *******s

[jujuB]

Nice, I've also long TSLA pyramiding into it beginning at 147. I sold out around 236 before the model 3 roll out, then bought back in at 238. I've built a huge position don't have anymore margin to buy more, lol. The real test will be to see if it can breakout to new highs, I bought a lot of options hoping the IV will inflate before earnings and I'll sell right before earnings.

almost 270 today. it just might be the time to hit record highs. patiently waiting for the next one, so i can buy more.

i goofed hard during that a couple months back. TSLA was as low as $140.