options would probably be a better play than shorting it.

i'm considering doing a straddle for earnings - who knows where it'll move, but it'll move big! (assuming hte options are priced right)

Agree. These days always kill me as there is no momentum, trend, or news to go off of. Tried to recover some day losses from BBD.D but not looking good.

Options premiums are gonna be soooo juiced up it may be hard finding a good play, similar to LNKD IPO/option reaction.

NZ is up 15%... mind you I'm still under water but it's a move in the right direction. There is some talk about news on the next 2 wells coming out on May 30.

Edit - make that 6% lol... fickle bitch!

Mark

agreed, i'd imagine the volatility will be priced in... in that case, i'll move onto the next one (i did say that i'd only do it if priced right, and chances of that happening are slim, b/c fb just gets so much attention)

So... I'm not very happy about this.. I am stuck holding TVIX over the (long?) weekend..

I went to a meeting an hour before market close when TVIX was finally climbing.. well the building we had the meeting in didn't get any cell reception lol FML I planned to sell it using my phone... guess not hahaha.

So hopefully it works out.. but I am nervous of what next week might bring :(

jon corzine's 6billion dollar bet

Video: Six Billion Dollar Bet | Watch FRONTLINE Online | PBS Video

african oil...what a beast

was told about it last year at 1.19

watched it climb this past month or so to 10.92 as a high of today

I'm about to get fleeced lol...

Did you sell your TVIX at opening?

No sir, holdin on like a desperate ex-girlfriend.

yikes....hope you cut your losses after it moved up mid morning...tvix can get real ugly.

Things turned really positive in the last hour. USG up 8%. US housing starts are up. YNG up slightly but it's great to be back at .30 Watching CLL as well at .57

FB down nearly 10% and TVIX down as well.

Wouldn't be much a desperate Ex if I gave up that easy lol.

I thought about dumping around 8.40 today.. but I didn't.

Hopefully Europe lights itself on fire soon... I knew as soon as I got stuck holding this over the weekend I was fucked lol.

Game over RIMM

$RIMM Guides Q1 EPS Loss vs $0.43 Profit Est

RIM $RIMM said to hire JPMorgan, RBC to advise on options -

Sub $10/share in afterhours at the moment

i think i speak for many on this board that we hope europe fixes itself soon lol

Even if Europe does manage to fix itself, have you guys ever thought about the US debt problem?

I mean, most of the focus is on the US presidential race right now, but what happens after that? Their throwing all this debt under the rug but their going to have to address it sooner or later, and once they do, I think were going to see fireworks as stocks plummet

Thats why the only thing i'm holding is gold right now, i'm totally down for investing when theres chaos like during 2008, but I don't think we're really seeing anything close to the bottom yet

U.S. is the best house in a bad neighbourhood. Housing has bottomed and consumers are alive and well. As an investor, just keep ample cash on hand and don't go all in. When you get pullback like we did recently, you go in and buy. Bought XHB, XRT, APPL, and some GM recently. And will continue to do so if we get more dips. Europe is just noise at this point.

Cash & patents should be worth $10 per share.

I'm actually pretty confident RIMM can come back and build a niche business. And I'm confident in Prem Wasta...he's betting a 3-5 year recovery for RIMM.

I agree with Carl. US is your deadbeat dad. He's your only dad. No one else. He does bring food to the table. You just gotta live with it. lol

Housing has bottomed out, and the Euro drama is pulling it back a bit, but I don't think thats a huge concern at this point

As you said, it may be the best house in a bad neighbourhood, but i feel like theres a ticking time bomb in that best house. Cause there is no simple solution thats going to fix the problem of trillions worth of debt

I'm just worried that i'm going to get caught in a freefall buying into one of these pull backs, but what you said is true, don't go all in

Dumped my TVIX @ 8.61 (-2035$) this morning, looking to play it a couple times today...

Edit: Ouch CLL... @ $0.50 I might consider buying back in around $0.25.

Rough last couple weeks on the market.

why did you dump? have this feeling its gonna continue up...

Dumped because I have noticed some trends in the way TVIX climbs/fluctuates/drops on down trading days.. watching it close for another entry point. FAZ is killing it.

guys, start to take a look at BAJA MINING.

the ceo and his nepotism has been jettisoned.

great resource and a very depressed share price.

if you love Prim W of Fairfax fame and feel the same way about RIM, I suggest you buy Fairfax and hold RIM through your Fairfax holding. There's no need to buy RIM when you can hold Fairfax which owns RIM shares so you cover off the downside.