***Official*** 2010 Stock Market Thread

[richardycc]

LOL, Azurik is famous over in the individual stock discussions thread at fatwallet.com

http://www.fatwallet.com/forums/topic_view.php?catid=52&threadid=962217&start=2600

swester said:

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jkimcpa said:

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Word on the street is that Azurik bought ITMN. Should go to the moon.

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Confirmation of this? Any reason to jump in before market close?

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Azurik is a name of some dude posting on this board: http://forums.anandtech.com/showthread.php?p=29788349

 

[Azurik]

azurik, are you in any other drug stock?

AEZS, but only 2,000 shares - so that's what, $3k worth? It's part of my smaller stock collections.

 

[MotF Bane]

DNDN below $50, good time to jump in?

 

[Azurik]

My $49's hit on DNDN, now I have one last open order in the $47 mark should it go there.

Sold ITMN for $12.50, probably too early since there's a lot of call buyers on the May $15's, but I'll take a 20% gain.

Dollar is at a 14-month high against the Euro. Good for me since I love traveling to Europe. Bad for the markets. I'm torn between what I want the markets to do. I have a lot of money on the sidelines awaiting a breakdown that I thought was going to happen a lot earlier. If that happens though, it will surely drag down my equity stocks, but boost my puts. What should a man wish for?

 

[eLiu]

Anyone know what's going on with HGSI? It's been dropping like a rock. Is this shitty market mood compounded against bad bliss76 results or did something else happen?

 

[richardycc]

finally bought some RMIX at .36, might sell if they double, but not a bad deal for some 7yrs warrants with unknown strike price,etc.

 

[Azurik]

It's turning into a blood bath on Wall Street.

 

[KDKPSJ]

Wow.. I never expected to see another 300 points down this soon.

 

[Cal166]

Wow.. I never expected to see another 300 points down this soon.

Ouch! -400+

 

[KDKPSJ]

Heading to 600.. lol

 

[richardycc]

let's throw the baby out with the bathwater!

 

[goog40]

holy shit...

 

[Special K]

WTF just happened?

 

[JS80]

wtf!

 

[Slew Foot]

here comes 800!!

Finally, the catharsis ive been call ingfor since the dow hit 9500, hahahah

 

[goog40]

when are they gonna halt trading? jesus christ

 

[bondboy]

WTF is going on???

 

[Cal166]

What a huge shake out, the shorties are having a huge day today.

 

[FelixDeCat]

Down 1000!

edit: CNBC says system "broke". No circuit breakers in place after 1:30 pm Eastern, so the hedge funds were hammering it. I was watching it after taking care of business. It was down 90 when I left. Then I came back 2 hours later -345, 15 mins later -540, 10 mins later down -740, 2 mins later -1000!!

LVS hit $18 today for no reason!!! Earnings tonight. It was $23.40 yesterday!

 

[Azurik]

here comes 800!!

Finally, the catharsis ive been call ingfor since the dow hit 9500, hahahah

Everyone is right... eventually, hahaha.

I was negative in the markets since late last year. I guess everything takes time.

 

[DaWhim]

what's with the financial network? google finance is not working right for me. bloomberg is completely down!

 

[Syringer]

We're going back up now!

 

[Syringer]

Is there a bloomberg/cnbc live stream anywhere?

 

[Azurik]

I have one of my brokerage streamer up, Google Finance has been hosed along with my Fidelity brokerage account.

 

[InverseOfNeo]

Google Finance back up.