Trade Updates, Dendreon (DNDN) Added
Monday's Mid-Day Update
1:00pm (EST) The market has traded in the negative all morning following the continued turmoil in the Chinese market. Futures were weak all morning after the Shanghai Composite plunged nearly 7%, as investors dealt with liquidity concerns and an anticipated slowdown in lending. China has suggested they would cut back on bankRead more
Disney Buying Marvel
9:15am (EST) The Walt Disney Company (DIS, $26.84) has agreed to acquire Marvel Entertainment (MVL, $38.65) in a stock and cash deal that will provide significant opportunities for Disney over the long run. Under the terms of the deal and based Disney’s closing price as of Friday, Marvel stockholders will receiveRead more
Dendreon
Trade Updates – Wednesday, September 30, 2009
September 2009 | Members 9am (EST) Current Trades Nike (NKE, $60.09, up $1.09) October 60 calls (NKEJL, $2.00, up $0.40) Entry Price: $1.65 (9/29/09) Exit Target: $3.00-$4.00+ Return: 21% Stop: There was no stop for this trade but place one at $2.75 (see notes) Action: So far, Nike has not let us down. Read more
Trade Updates – Tuesday, September 29, 2009
Trade Updates – Monday, September 28, 2009
September 2009 | Members NEW TRADE!!! 11:00pm (EST) United States Steel (X, $46.00, down $0.63) has come down from its recent high of $51.65 and has not participated in today’s rally. There are conflicting reports on just how strong demand is for steel but August showed steel output actually increased.Read more
Trade Updates – Sunday, September 27, 2009
September 2009 | Members Time stamp (EST) ]]>
Trade Updates – Saturday, September 26, 2009
September 2009 | Members Time stamp (EST) ]]>
Trade Updates – Friday, September 25, 2009
September 2009 | Members 9:00am (EST) ChangeYou (CYOU, $38.30, down $1.54) October 42 calls (CQUJP, $0.70, up $0.45) Entry Price: $0.85 (9/21/09) Exit Target: CLOSED (closed half @ $1.30 on 9/23, closed other half @ $0.70 on 9/24) Return: 18% Stop: $0.70 Action: This is the difference between 50% and 18%. The call optionsRead more