Been quiet over here with vacations and various other commitments. Trading has been light.
Got an email from JEFF:
"Got out of my BIDU short at breakeven today!!!! That is a winning trade because I was down as much as $3k!!!!! Sweet!!! Funny how getting out at breakeven is so exciting!"
Oh, yeah. Did I mention he sent it yesterday. Nice play douche. BIDU dropped $10 today.
WADE and TAIT are sitting on some ICE PUTS that have started to pay off.
WADE, with the foresight of a blind man, bought Citi Calls at $5 - good luck with those.
WADE still holding some JAV after the Phase III debacle.
DOUCHE OF THE DAY - JEFF
QUOTE OF THE DAY - When TAIT said he was going to buy PUTS on ICE, WADE told him to wait for a buy signal or a bump up before getting in. TAIT immediately pulled the trigger. "You telling me not to get in is the only signal I need." (Stock dropped 2 bucks and never looked back. If he had waited he wouldn't have made jack.)
