Chart says it all.
Personally, knowing the Sept 50$ Puts in this stock might one day worth about 10 bucks, gives me a hard-on.
But, as the chart shows, only fools rush in… (more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Eff Book Update—Well, That Was Quick
FEEEEELING GOOD!!!!
Eff Book
This chart says it all. The white-hot move we’re watching in FB is reminiscent of AAPL heading to 700 last year. What that means is: don’t be the first to try and catch the turn.
With the exception of last week’s Friday pin to 34 (a desperate attempt to try and hold the animal in the cage) this thing has been STRAIGHT UP. (more…)
EBUY??
GO TO MTG?
MTG announced a pretty wild earnings surprise today and this beaten up and “left for dead” stock ran out of the gate by 10%.
It’s a name that’s been mentioned by our new Slope friend Jesse and some of the talking heads on CNBC have also touted it of late. What’s all the fuss about? I must say, I have no clue, but it is a leveraged play on the housing recovery. From all time highs above 70 five years ago to a low of 66 cents, you can file this one in the Zombieland files (a la AIG, C, BAC). (more…)
