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The Really Useless Thread

  • #90,401
  • May 22, 2012 8:31am May 22, 2012 8:31am
FB down another 5% -- jeez whoda thunk 107x earnings was overdoing it?
  • #90,402
  • May 22, 2012 8:32am May 22, 2012 8:32am
Quoting chazzle
FB down another 5% -- jeez whoda thunk 107x earnings was overdoing it?
i have a feeling it will surprise everyone... but still lol at what u said haha
  • #90,403
  • May 22, 2012 8:34am May 22, 2012 8:34am
Quoting chazzle
FB down another 5% -- jeez whoda thunk 107x earnings was overdoing it?
Quoting Mr Hatch
don't forget about 31 probably being the very first target.
where ever joe public gets shaken out, will be the bottom..
  • #90,404
  • May 22, 2012 8:39am May 22, 2012 8:39am
Quoting FibbinArchie
where ever joe public gets shaken out, will be the bottom..
30.98 being the low atm, back to the mid with a mid at ((38-31):2)+31=34.5
  • #90,405
  • May 22, 2012 8:40am May 22, 2012 8:40am
Quoting Mr Hatch
30.98 being the low atm, back to the mid with a mid at ((38-31):2)+31=34.5
factor in time as well, don't they generally hold a large loss for about 3 days before they realise they've been trapped and gtfo?

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  • #90,406
  • May 22, 2012 8:50am May 22, 2012 8:50am
Quoting FibbinArchie
factor in time as well, don't they generally hold a large loss for about 3 days before they realise they've been trapped and gtfo?

http://www.youtube.com/watch?v=dddAi8FF3F4
I have no idea how long it takes, never traded stocks (and never will).
  • #90,407
  • May 22, 2012 8:57am May 22, 2012 8:57am
Quoting Mr Hatch
I have no idea how long it takes, never traded stocks (and never will).
just look for the exhaustion bar as they all rush for the exit en masse...
  • #90,408
  • May 22, 2012 9:01am May 22, 2012 9:01am
not much to take away from this afternoon's data..

although homes, whilst equal to forecast, is up considerably month on month.. tipping risk on maybe?
  • #90,409
  • May 22, 2012 9:02am May 22, 2012 9:02am
Quoting Mr Hatch
30.98 being the low atm, back to the mid with a mid at ((38-31):2)+31=34.5
FB chart update... obviously the "timing" for those moves can't not be seen in the chart as is a stock swing but the reference for orders and r:r is the same...

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: FB2.png Size: 40 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #90,410
  • May 22, 2012 9:04am May 22, 2012 9:04am
Quoting FibbinArchie
just look for the exhaustion bar as they all rush for the exit en masse...
does it matter, whether the shares are "owned" by institutions or joe public? no experience here with stocks in general, but my guess would be to kick the public out so that the biggest amount of shares is owned by institutions who can then play it according to their rules and insterests.

any info on distribution values (public/institutional) available?
  • #90,411
  • May 22, 2012 9:05am May 22, 2012 9:05am
Quoting sisse
FB chart update... obviously the "timing" for those moves can't not be seen in the chart as is a stock swing but the reference for orders and r:r is the same...

sisse
I'm a bit envious of your trading platform at times
  • #90,412
  • May 22, 2012 9:10am May 22, 2012 9:10am
Quoting Mr Hatch
does it matter, whether the shares are "owned" by institutions or joe public? no experience here with stocks in general, but my guess would be to kick the public out so that the biggest amount of shares is owned by institutions who can then play it according to their rules and insterests.

any info on distribution values (public/institutional) available?
don't know where you'd get that info, but it's basically about fleecing joe public...
  • #90,413
  • May 22, 2012 9:29am May 22, 2012 9:29am
stopped out. done for today.
  • #90,414
  • May 22, 2012 9:37am May 22, 2012 9:37am
back for london close
  • #90,415
  • May 22, 2012 9:39am May 22, 2012 9:39am
Quoting Mr Hatch
back for london close
later man
  • #90,416
  • May 22, 2012 9:42am May 22, 2012 9:42am
Quoting pkimnyc
stopped out. done for today.
that's how to get ahead in this game, gotta take your medicine and not go loss chasing if you're not reading it right..
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  • #90,417
  • May 22, 2012 9:44am May 22, 2012 9:44am
Quoting FibbinArchie
that's how to get ahead in this game, gotta take your medicine and not go loss chasing if you're not reading it right..
  • #90,418
  • May 22, 2012 9:48am May 22, 2012 9:48am
Quoting FibbinArchie
that's how to get ahead in this game, gotta take your medicine and not go loss chasing if you're not reading it right..
yep, setup worked, i just got greedy and messed up my trade. lol
better wait for next bus.
  • #90,419
  • May 22, 2012 9:49am May 22, 2012 9:49am
Quoting pkimnyc
yep, setup worked, i just got greedy and messed up my trade. lol
better wait for next bus.
analyse what went wrong and take the lesson away, then the money isn't wasted..
  • #90,420
  • May 22, 2012 9:54am May 22, 2012 9:54am
being a choppy bastard today, london fix knocking..
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