SNAP - snapchat

Discussion in 'Stocks' started by hhiusa, Aug 12, 2017.

  1. mokwit

    mokwit

    I couldn't give a sh*t what you think or your popularity metrics and FYI what's popular on web boards doesn't make money in the markets. FWIW I have seen people post pure gold on here and nobody recognise it as such, but have somebody post the sucker stuff and there is a heated debate.

    From RoSO

    The tyro knows nothing, and everybody, including himself,
    knows it. But the next, or second, grade thinks he knows a great
    deal and makes others feel that way too. He is the experienced
    sucker, who has studied not the market itself but a few remarks
    about the market made by a still higher grade of suckers. The
    second-grade sucker knows how to keep from losing his money in
    some of the ways that get the raw beginner. It is this
    semisucker rather than the 100 per cent article who is the real
    all-the-year-round support of the commission houses. He lasts
    about three and a half years on an average, as compared with a
    single season of from three to thirty weeks, which is the usual
    Wall Street life of a first offender. It is naturally the
    semisucker who is always quoting the famous trading aphorisms
    and the various rules of the game. He knows all the don'ts that
    ever fell from the oracular lips of the old stagers excepting
    the principal one, which is: Don't be a sucker!

    Many of you on ET don't even realise you are the in one of the grades of suckers Livermore is describing- you don't know enough to know.
    Put me ion ignore please - and no I am not going to post my P&L any more than I am going to tell some twat how much money I have in my account.
     
    #21     Aug 20, 2017
    vanzandt likes this.
  2. hhiusa

    hhiusa

    Nobody asked you to post those things? Your anger is amusing. The trader doth protest too much methinks.
     
    #22     Aug 20, 2017
  3. I argued for a while that this "stock" is a gift from Wall Street to hedge fund short sellers. So far, so true!

    On the other hand, latest short interest ratio is a bit "alarming"....

    SNAP.JPG

    I am playing this "baby" from both sides: some OTM puts and calls...at the moment!
     
    #23     Aug 22, 2017
    vanzandt likes this.