Tag Archives: LNKD

Whats going on in Chat???

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One of the reasons to join Option Millionaires is the chat room. I have been in many chat rooms, and have yet to find as diverse a trading community as we have here. Not only are there many trades and strategies being posted, but it feels like one big community focused on making money!

Here are some of the trades from yesterday I posted in chat that made some serious moves:

1. BIDU was on the morning watchlist. Here is what i wrote:

BIDU earnings were great, but stock tanked AH’s. Looks like all the ANALysts reduced PTs but kept rating, so stock should bounce IMHO to $137+ or so. Will look for $135 calls at open.

What i said in chat:

2012-04-25 09:29:41            Message            jimmybob            Option Millionaires Live            BIDU $135 calls... have order for 10 @ .40

2012-04-25 09:30:37            Message            jimmybob            Option Millionaires Live            opentrade BIDU #$135 calls @ .47 AVg 10 of them

2012-04-25 10:57:50            Message            jimmybob            Option Millionaires Live            BIDU will be green today SAID it PM when it was 128

BIDU ran from $128 to $136.14 and went green just like i said. The $135 calls i bought in the morning were a 400% gainer. 

2. LNKD was on the morning watchlist. Here is what i wrote:

LNKD- FB IPO rumored delay brought some more selling pressure to the stock, but it is trading over $100 pm, and still like her to go nuts over $110 VERY SOON. 105 and 110 calls will provide more profit oppty’s just like last week.

What i said in chat:

2012-04-25 11:55:56            Message            jimmybob            Option Millionaires Live            opentrade LNKD 105 calls added 20 more @ .50 avg

2012-04-25 12:37:40            Message            jimmybob            Option Millionaires Live            LNKD volume is shit... great sign

The LNKD 105 calls hit 2.15 today from .50 entry yesterday. a 400%+ gainer.

3. With Bernanke speaking, there was sure to be a movement in the USD. Any weakening and commods would move to the upside. Silver became the play in the afternoon on the bounce. Brought silver to the chatroom, then posted the AGQ trade on the calls.

What i said in chat:

2012-04-25 14:10:31            Message            jimmybob            Option Millionaires Live            SILVER TIME FOLKS

2012-04-25 14:09:59            Message            jimmybob            Option Millionaires Live            opentrade AGQ 11 of the 50 calls @ .35

2012-04-25 14:11:07            Message            jimmybob            Option Millionaires Live            AGQ 48.12

AGQ hit 50.75 today, and the 50 calls hit 1.05 for a 300% gainer.

 

These were some of the calls in the chat from myself, and there are many others from everyone in the room. And there are many experienced traders ready to answer any questions you may have. Cool think about the site, is you get a 14 day trial to give it a whirl. Check us out: https://www.optionmillionaires.com/subscribe/

 

LinkedIn (LNKD)

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When I was a kid, my grandmother always told me don't talk to strangers. Fast forward 20 years, and I still hear her voice as I read countless opinions on LinkedIn (LNKD) and why it will go down from here.  Not that I will ever talk to some of those people, and I am sure as heck not going to listen to them. The bearish sentiment by the retail investor gives more credence to my argument that LinkedIn (LNKD) will see $150+ by the end of the summer.

It's only when a growth stock is in the midst of an epic run, that the retail trader starts getting on the bandwagon. And of course they are the ones holding the bag on the way down. It's how this market works, and  will never change. Just like the economy, the rich get richer and the poor get poorer.

LinkedIn(LNKD) is currently trading at 101.43 up 3.38% on light volume. Expect the knife to come out on the BEARS, as they are put back into their cave until the fall.