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Old Mar 21st, 2012, 08:06 AM   #3223
Martinghoul
 
 
Join Date: Jan 2009
Location: London
Posts: 6,503
Quote:
Quote from ralph00:
Hmm, Montier vs. Goldman. Who to trust?
Depends how much of a muppet you are...
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Old Mar 21st, 2012, 10:30 AM   #3224
ralph00
 
 
Join Date: May 2004
Location: Pennsylvania
Posts: 2,278
U.K. buying back for $1,650 the gold it sold for $250. Outstanding.
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Old Mar 21st, 2012, 11:19 AM   #3225
ralph00
 
 
Join Date: May 2004
Location: Pennsylvania
Posts: 2,278
Quick response to the squid from al edwards ...

http://www.businessinsider.com/alber...it-gets-2012-3

Starting a position in XCO at $7.26.
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Old Mar 21st, 2012, 03:58 PM   #3226
Specterx
 
 
Join Date: Dec 2007
Posts: 1,159
I shorted AMZN today near the close at 191.9, with a stop at 197.45. 2.9% risk on the position.

Hat tip to those who posted about it, might be early on this but looks good technically and the R:R is unusually high: nearly 6x to my minimum expected target around 160 and 13x to my furthest target around 120.5.

If it breaks down on the weekly I'll try to double up.
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Old Mar 21st, 2012, 06:49 PM   #3227
Daal
 
 
Join Date: Oct 2002
Location: Brazil
Posts: 9,192
A potential good short is salesforce.com CRM
http://finance.yahoo.com/q/ks?s=CRM+Key+Statistics

Trades at 9 times sales, 13 book, has no earnings. Almost 200 times EBITDA
But the edge lies on when to take the short and good exiting techniques, which is not an easy game to play
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Old Mar 21st, 2012, 06:50 PM   #3228
ralph00
 
 
Join Date: May 2004
Location: Pennsylvania
Posts: 2,278
Quote:
Quote from Specterx:

I shorted AMZN today near the close at 191.9, with a stop at 197.45. 2.9% risk on the position.

Hat tip to those who posted about it, might be early on this but looks good technically and the R:R is unusually high: nearly 6x to my minimum expected target around 160 and 13x to my furthest target around 120.5.

If it breaks down on the weekly I'll try to double up.
Paulo Santos today on Amazing.com. He's been a pretty vocal bear for awhile ...

http://seekingalpha.com/article/4492...-the-kiva-pump
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