Favorite team:LSU 
Location:baton rouge
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Interests:Dem Tigaz, mostly baseball and basketball i go back like dale brown
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Number of Posts:2043
Registered on:4/1/2006
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re: Visa getting roughed up today?

Posted by ThaBigFella on 8/14/13 at 10:14 am
ya i kinda hate the fact you need 300 shares to get a whole share

re: Afrezza and MNKD

Posted by ThaBigFella on 8/14/13 at 8:40 am
congrats on mnkd recommendation, HIMX is one I have, they just sold 6% of the company to google and raised dividend and announce earnings today, could boom after hours

re: Is Apple back to being Apple?

Posted by ThaBigFella on 8/13/13 at 6:21 pm
As much as i love apple, the reality is the majority of the world can't afford it. They will always be profitable but android is the future.
quote:

bloomberg should have been reading this board all this time because lsurussian and vols&shaft have assured us that it is a scam



I'll bet the people who paid $260/BTC feel like they got scammed now their precious currency is worth $100.

re: WEN Stock

Posted by ThaBigFella on 8/12/13 at 3:55 pm
That's funny the wendys on my way to work closed down bc of lack of business

250x earnings??? this isnt a biotech stock its a fast food chain, a dying one at that
Just wondering if it is a bad sign or a neutral sign.This just a little piece on a company HIMX I hold that announces it's earnings this thursday and earnings are supposed to be wonderful. I've been kind of iffy on whether to sell or hold, Im up quite a bit and have read some pieces on the potential doubling or tripling from here bc of demand in China along with the new agreement with Google in regards to supplying parts for google glass, immediately after which it had a huge run up after google announced the 6% stake in the company 2 weeks ago, but then it came back down after the big run up which was odd to me but could of course just be profit taking

Anyways this was the exact quote about earnings this week

quote:

While Q2 will likely be strong, Srivatsa is looking for muted Q3 guidance. "Recent checks suggest that TV and handset sales are expected to grow in September ahead of the October holidays in China. However, during July and early August, channel inventories of 3G smartphones in China appears to have increased as a result of the termination of the subsidies for small panel low cost smartphones. There also appears to be memory and other component shortages that have suppressed sales in the early part of Q3:13. This suggests to us that order activity in July and August could be muted."


This is the whole piece

LINK
a throwback to what? Didn't they come to exist in the 1990s as a franchise?

re: Visa getting roughed up today?

Posted by ThaBigFella on 8/10/13 at 4:03 pm
Ace it's still a very good possibility we don't taper and the market keeps roaring, I mean I can't see obama wanting such a giant correction on his watch, so I wouldn't exactly think tapering is anymore than a 30-40% possibility. If so, visa will once again smash earnings in october and raise it's dividend then, should be around $200+ by november 1 if we don't taper. A nice 10% upside from here in 3 months.

Don't even get me started on how bad they're going to blow out earnings after this christmas season haha.
etrade has tons of special reports you can only gain access to when you have a balance over $100k. I see that report but I can't link you to it, I can only read it and print it. I imagine most brokers have the same thing.

re: Visa getting roughed up today?

Posted by ThaBigFella on 8/10/13 at 11:10 am
haha like I said I've only been doing this for 2 months or so strictly on PM,V, and a few on PSX when it dipped into the low 57's. I won't BS you into thinking im some financial guru, but I did return close to 10% last month but that's bc the whole market was up in general. I mean I have a good grasp on what I want to own at what price and when the puts look like good profits I strike. I learned early to close and take profits ASAP and not get greedy with PSX it fluctuated between $57.50 and $58.25 so much and my put would be up $1000 one day then down $200 the next day and still expire worthless at week end, so now when I get up and Im happy with the profit I close it and if it drops the next day i sell the put again and hop back in.

Always take profits don't get greedy going for the entire premium on expiration, when you're satisfied take the money and run

re: Visa getting roughed up today?

Posted by ThaBigFella on 8/10/13 at 10:36 am
quote:

Alright - I get that. You pocket the cash sale on the put. I got that. My brokerage says 100% cash secured put. I got that. So, I wait for a down day and sell a put I'm comfortable at long (in this case, $190). I got that.

Okay, so how do I get out, short of actually waiting for the expiration or put? Or is that the actual plan - just churn the stock over, assuming you're up the target 0.5 to 1.5% (or better)?


I wouldn't sell the $190 on a weekly basis from here bc the odds of it going from $179 to $190 in a week are slim. If you want to sell the $190, sell the september 21 for $12.40 which means you'll profit $1240 either way and either not get shares or get them for $177.60. That is 6.5% ROI in 1 month. FWIW september scares me bc of the potential tapering, but visa will fare better than most in the event of tapering bc 1) it already got whacked to below market values and 2) its not a big dividend payer so retirees won't be panic selling.

For the weekly puts, I've learned to sell them at or below the current price. The $175 is $4.75 off the current price so that one will go up in value quicker even if it drops to say $177 bc it's still ahead of its expiration.Actually I sold some $175 on friday and monday morning they will be worth more bc of the time decay as long as the shares stay in the $179-180 range. The $180 will obviously make you more money, also if you sell the $180 while the share is $179.70 and the share goes up to $180.25 say monday morning, the premium will go from $2.69 to say $2.20 and you can sell right there and profit $.49/share x 100 shares minus the $7.99 option fee but I wouldn't close out early unless I've made 50%+ of what the premium was at the least. I'd rather take delivery on $180 - $2.69 and just wait for the shares to rise in a few days and then sell them

Put it this way, whatever share price you sell the put at, as the share price increases, the put loses value and you make money with the end goal being a put going from what you paid $2.69 to $0.00 at expiration. The $175 is nice bc you're $4.70 ahead of expiration but the $180 is 30 cents behind, but thats why you make more money on it.

So if you don't mind owning it at $180 I'd sell that one and make that extra $159

re: Visa getting roughed up today?

Posted by ThaBigFella on 8/10/13 at 9:24 am
I do it by the week, I mean I have alot sitting on the sidelines bc I've had a great year at work and all the stocks I wanna buy are higher than Id like to pay, well except for PM but I already have way way too much. I literally sell the puts on down days or friday(bc i get 2 free weekend days of time decay) and hope for an expiration. If you sold $175 for next friday it was $1.10 yesterday, nice profit. I have to be a little cautious this week bc I have a few contracts at $185 put I sold a month ago for $3.42 when it was $190 and then when the price fell apart I've been stuck with it for a month and it looks like I may take delivery next saturday which I don't mind bc $181.58 is a great price I believe.

Read this link from Visa and have confidence in the future

a.2 Billion cards in circulation
b.6.7 Trillion a year in transactions
c.150 million transactions a day!!!
d.growth every year since ipo


LINK

you own a piece of all that!!! With a company that has 0 debt,an industry with only 20% world penetration, a massively growing percentage wise dividend and 47.24% net profit margins! I honestly in my heart believe that over a 30-40 year time frame this stock with no debt combined with share buybacks will be the stock people mention like I had 5 shares of coke in 1959 and Im worth $5M today. With that balance sheet they are going to eliminate so many shares and raise the dividend very very quickly as time moves on. Just think of all the things like Amazon,Ebay,Itunes store, and more all those are paid for via credit card only. Cash is dead, I literally have 10-15%/day of sales in cash at work and that's bc you have to pay for lottery in cash. I wish it fit into my retirement plans within the next decade, I own some for the future generations I'll leave when Im gone but the dividend just isn't enough for me to retire on!

and Ace....a 1-2% profit on a put is terrible, think about it, if you sell $180 put for next friday at $2.69, your profit is $269, 2% of that is $5 lol. On the other hand if it expires you profit $269 on an $18,000 investment in 7 days which is 1.49%/week....now do that for 52 weeks in a row and you'll be a rich rich man haha seriously $18,000 compounded at 1.49% a week in 5 years is almost $850K just did the math....of course if I could return 1.49%/week I wouldn't be working haha, but I've only been doing this for maybe 2 months, and its doable but you're gonna need a helluva hot streak, but there are weeks youre going to get put the shares but youre still gonna profit, it may hinder your ability to sell a put for the following week though. You could be a little more conservative and sell the $175 put for $1.10 and make 60% less, but still .5%/week

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 9:31 pm
sophandros shut up already, he was 6-17 then hit 5 passes in a row. Jesus, its a fricking internet message board, go get laid man, you are so uptight. He had a shitty start and got it together on his last 5 throws, great. All I said was I don't see the hype he had in college, that was based on his first 17 throws....so sue me for rushing to judgement.

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 9:08 pm
quote:

Barkley's garbage brah. BigFella said so.


Actually his 6-17 start said so, and you're just an internet troll, get a life.

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 8:53 pm
I said Matt Barkley was 6-17 and horrible and one guy called me a moron bc he had 1 nice pass then tulanetiger chipped in bc he didn't like something I'd previously posted.

all in all nothing...

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 8:46 pm
Ok tell tulane tiger to eat a dick, I was the one talking about matt barkley going 6-17 and he wanted to give me his two cents about why he doesn't like me

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 8:44 pm
tulanetiger you're just mad bc I hate liberals and I think trayvon martin was shot and the world is a better place without him.

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 8:42 pm
wow 1 throw, what an epic fail, are you watching this? He's 6-17 with 51 yards...yes 3 yards per pass....in case you haven't noticed 33% passing percentages are not NFL caliber quarterbacks. So shut up.

6-17 is awful enough, but to do it vs 3rd stringers in the preseason is terrible

re: Eagles and Chip Kelly

Posted by ThaBigFella on 8/9/13 at 8:39 pm
Matt Barkley is such garbage, never really watched USC but I thought there was big hype around this guy, watching him tonight and the texans TJ Yates is a better QB. This guy loves to throw 2 yard passes on every throw.

re: Visa getting roughed up today?

Posted by ThaBigFella on 8/9/13 at 7:35 pm
Just got this alert in my email, seems a few analysts have a price target well over $205-225 for a 15% or so upside from here

LINK