Author Topic: Stocks  (Read 306020 times)

Offline good sam

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Re: Stocks
« Reply #1125 on: April 27, 2015, 04:24:59 PM »
I'm on the edge of my seat...
If you don't care why would you comment?
HT: DMYD

Offline good sam

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Re: Stocks
« Reply #1126 on: April 27, 2015, 04:38:09 PM »
Apple beats the street again. Stock price up modestly after hours.
If you don't care why would you comment?
HT: DMYD

Offline fc

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Re: Stocks
« Reply #1127 on: April 28, 2015, 12:08:25 PM »
You know Wall Street hates AAPL when u see :

NFLX jumps 17% when reporting a profit of $24 Million  ,
AMZN jumps 12% when reporting a $550 Million loss

and

AAPL reports a $13 BILLION profit and drops 3%

Offline Centro

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Re: Stocks
« Reply #1128 on: April 28, 2015, 12:11:12 PM »
;D;D;D

Offline killamatic12

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Re: Stocks
« Reply #1129 on: April 28, 2015, 12:30:49 PM »
You know Wall Street hates AAPL when u see :

NFLX jumps 17% when reporting a profit of $24 Million  ,
AMZN jumps 12% when reporting a $550 Million loss

and

AAPL reports a $13 BILLION profit and drops 3%
its probably going to close at 134-135 though

Offline nobiggy

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Re: Stocks
« Reply #1130 on: April 28, 2015, 02:38:17 PM »
its probably going to close at 134-135 though

We shall see about that one.
$131 now.

Offline Ephraimh

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Re: Stocks
« Reply #1131 on: April 28, 2015, 03:10:14 PM »
@fc
AMZN & NFLX have a combined MC of roughly a 1/3 of AAPLs, which makes them more likely to pop after a good report (or in AMZNs case, a report indicating future growth).

Offline caliheat

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Re: Stocks
« Reply #1132 on: April 28, 2015, 03:57:51 PM »
its probably going to close at 134-135 though
If not today, within the week.
Lackluster iPad sales etc. causing a drop..

Offline ckmk47

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Re: Stocks
« Reply #1133 on: April 30, 2015, 10:09:49 AM »

VRTX is a drug company that's come out with a new cystic fibrosis drug that's under review by the FDA.
The announcement by the FDA on whether they will approve the drug or not is set for May 12.


It is likely they will approve it's use:
CF disease has few drugs available for treatment.
The CF foundation was involved in the testing of this drug and is backing approval.
The precursor of this drug is already on the market and works for specific CF patients.


If the drug is approved, the stock should jump.  This is a volatile stock.  In the last 3 months its gone from $110 to over $135, back to $115 and then back up over $135 again.  After hours yesterday, they reported a bigger loss than expected, so the stock price dropped.  It was already going down after rumors that it will be bought out were quashed.


My play. 
I expect the drug to be approved.  I hope it will pop up to at least $137, the high it hit twice in the last 3 months.
I bought call options that expire on May 15. 3 days after the FDA announcement. 
I bought calls that the option + the premium cost less than $134.  That gives me $3 each one profit.


Or I could loose the entire amount.

Offline eAge

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Re: Stocks
« Reply #1134 on: April 30, 2015, 02:03:59 PM »

VRTX is a drug company that's come out with a new cystic fibrosis drug that's under review by the FDA.
The announcement by the FDA on whether they will approve the drug or not is set for May 12.


It is likely they will approve it's use:
CF disease has few drugs available for treatment.
The CF foundation was involved in the testing of this drug and is backing approval.
The precursor of this drug is already on the market and works for specific CF patients.


If the drug is approved, the stock should jump.  This is a volatile stock.  In the last 3 months its gone from $110 to over $135, back to $115 and then back up over $135 again.  After hours yesterday, they reported a bigger loss than expected, so the stock price dropped.  It was already going down after rumors that it will be bought out were quashed.


My play. 
I expect the drug to be approved.  I hope it will pop up to at least $137, the high it hit twice in the last 3 months.
I bought call options that expire on May 15. 3 days after the FDA announcement. 
I bought calls that the option + the premium cost less than $134.  That gives me $3 each one profit.


Or I could loose the entire amount.
Will be watching

Offline jackofall

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Re: Stocks
« Reply #1135 on: April 30, 2015, 02:14:10 PM »
VRTX is a drug company that's come out with a new cystic fibrosis drug that's under review by the FDA.
The announcement by the FDA on whether they will approve the drug or not is set for May 12.


It is likely they will approve it's use:
CF disease has few drugs available for treatment.
The CF foundation was involved in the testing of this drug and is backing approval.
The precursor of this drug is already on the market and works for specific CF patients.


If the drug is approved, the stock should jump.  This is a volatile stock.  In the last 3 months its gone from $110 to over $135, back to $115 and then back up over $135 again.  After hours yesterday, they reported a bigger loss than expected, so the stock price dropped.  It was already going down after rumors that it will be bought out were quashed.


My play. 
I expect the drug to be approved.  I hope it will pop up to at least $137, the high it hit twice in the last 3 months.
I bought call options that expire on May 15. 3 days after the FDA announcement. 
I bought calls that the option + the premium cost less than $134.  That gives me $3 each one profit.


Or I could loose the entire amount.
Care to elaborate what the premium was, strike price ....
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline ckmk47

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Re: Stocks
« Reply #1136 on: May 01, 2015, 12:20:53 PM »
Care to elaborate what the premium was, strike price ....
The stock is now 124.20
A may15 call with a strike price of 125 cost (premium) $5-6.  So if the stock is above the strike price on may15, you'll pay a total of 125 + (lets say) 5.50 = $130.50.  Any amount the stock is higher than 130.50 is profit (less fees).
The price of the stock has fallen a few dollars since yesterday, so the options are cheaper.
(It often pays to just sell the call - at approximately the same profit - on or right before expiration.)
« Last Edit: May 01, 2015, 12:27:23 PM by ckmk47 »

Offline Ephraimh

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Re: Stocks
« Reply #1137 on: May 01, 2015, 12:36:51 PM »

The stock is now 124.20
(It often pays to just sell the call - at approximately the same profit - on or right before expiration.)
I'm not that familiar with option trading, but who would buy an out of the money call 1 day before it expires?

Offline ckmk47

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Re: Stocks
« Reply #1138 on: May 01, 2015, 03:01:11 PM »
I'm not that familiar with option trading, but who would buy an out of the money call 1 day before it expires?
This stock has weekly options.  I'm talking about the monthly ones - May 15.

Online Mordyk

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Re: Stocks
« Reply #1139 on: May 05, 2015, 11:12:19 AM »
VRTX is a drug company that's come out with a new cystic fibrosis drug that's under review by the FDA.
The announcement by the FDA on whether they will approve the drug or not is set for May 12.


It is likely they will approve it's use:
CF disease has few drugs available for treatment.
The CF foundation was involved in the testing of this drug and is backing approval.
The precursor of this drug is already on the market and works for specific CF patients.


If the drug is approved, the stock should jump.  This is a volatile stock.  In the last 3 months its gone from $110 to over $135, back to $115 and then back up over $135 again.  After hours yesterday, they reported a bigger loss than expected, so the stock price dropped.  It was already going down after rumors that it will be bought out were quashed.


My play. 
I expect the drug to be approved.  I hope it will pop up to at least $137, the high it hit twice in the last 3 months.
I bought call options that expire on May 15. 3 days after the FDA announcement. 
I bought calls that the option + the premium cost less than $134.  That gives me $3 each one profit.


Or I could loose the entire amount.
these options have extremely large spreads.