Cramer
How is it that the most hyped IPO in recent memory closed just in the green instead of up 50% on it’s first day? Was it from the constant upward pricing of the offering in the weeks prior to the IPO on the so-called pent up retail demand(THE SHEEP). Possibly, but maybe it because folks on the inside were getting a bit nervous about holding their shares longer then… Read More
Sina Corporation (SINA) has been an Optionmillionaires favorite over the past few months.There is nothing that an option trader likes more than a volatile stock, and SINA Corporation (SINA) sure fits the bill. SINA Corporation (SINA) reported earnings after hours, and the stock rose nearly 7%. Folks were expecting a loss, which they got, but revenue was above expectations. With all the bad press as of late,… Read More
Most daytraders close out their positions before the close. Making a living trading stocks is all about controlling your risks, and obviously there is more risk when you hold an equity overnight. Who knows what type of news can come out before the market opens that may impact your holdings. Better to lock-in the gain or loss before the close, and wait for the next trading day. That is, unless… Read More
How do you make money in this market?? You find stocks that are undervalued and you buy them. Better yet, find stocks that Jim Cramer says “Stay Away”, and buy calls on them. We did that on PCLN at $445, and we did that with FOSL(Fossil, Inc) this morning. It must have been Jim Cramer, and his “Stay Away” team, that provided the fuel for the FOSL rocket ship today.… Read More
You have to love the antics of Jim Cramer. I give credit to the guy, he is entertaining at times. But I guess you have to be when your on National T.V giving out stock advice… the type of advice that has lost hard working blue-collar folks lots of money. Heck, Cramers remarks about Bear Stearns right before the collapse, will go down in infamy. (Watch it here:)
Over… Read More
