The Babe's Trades

[billyjoe]

River,
It's too bad I've been holding CHK for awhile. Somebody's going to make money off it but probably not me.

-----------billy

[riverbabe]

Chk

Have order in for starting long position. I think this one is a good takeover candidate. We have to be close to a bottom here. http://stockcharts.com/h-sc/ui

[riverbabe]

Pnra

Thar she blows!

[riverbabe]

Friday,
long AMRN @ 11.88
long AMLN @ 25.59

from before Friday,
short PNRA @ 159.01
long NUAN @ 25.94

[billyjoe]

River,
AGNC is a nice stock to own these days. Especially if you can collect a few div. checks and get out with a point or 2 gain on top of it. I wonder if any of the banks in your area have much upside such as Key or PNC. They help me find silver dimes and halfs . Have any of the traditional Cleveland banks survived the merger mania of the past few years?

-------------billy

p.s. I either lost your e-mail address or have an old one that's no longer valid, could you please resend?

[riverbabe]

To bring this up to date, AGNC sold yesterday 30.06 after divi (to be paid 4/26) and +2.38%

Doubled down on NUAN for full position Monday 4/2 av. 25.94. Target 32+

[riverbabe]

All BATS trades canceled

Just got a call from the broker. ALL BATS TRADES TODAY BY EVERYBODY ARE CANCELED. Have to start new next week. Well, an exciting day anyway.

[riverbabe]

River,
Have you ever watched "The Shark Tank" or the Canadian version "The Dragon's Den"? I always think of you when the inventors are pitching to the venture capitalists. Would you be the Inventor or the Capitalist? Just 2 days ago on the Canadian version (channel 23 CBET on my cable) they had a dispute over an expired patent and Home Depot Canada vs. the US.


-------------billy

My daughter Stephanie really wants to go on The Shark Tank with her fabulous invention. Just need to get that patent filed.

[riverbabe]

Still not back at 1:25. What a PR nightmare. I feel really bad for you, River. I hope it wasn't a big investment.

----------billy

I'm not at all worried billy. These exchange IPOs usually go ballistic eventually. Not too many shares. Everything AOK.

[billyjoe]

Still not back at 1:25. What a PR nightmare. I feel really bad for you, River. I hope it wasn't a big investment.

----------billy

[riverbabe]

1m
Streetinsider.com@Street_Insider
BATS $BATS IPO is scheduled to take place at 1:20PM ET

[riverbabe]

What fun, what fun. Ask now showing 15.75.

Streetinsider.com@Street_Insider

BATS $BATS Expects Trading to Resume in A - BFZZZ Symbols at 12:50AM ET

17m

Streetinsider.com@Street_Insider
BATS $BATS has said its stock is halted until further notice

[riverbabe]

Bats update

BATS (BATS) Implodes on IPO Day

FREE Breaking News Alerts from StreetInsider.com!

March 23, 2012 11:55 AM EDT
BATS (OTC: BATS) had the worst possible IPO debut any manager could come up with in their worst nightmare.

BATS, a stock exchange, choose to brings its stock public via its own exchange Friday. That's when the problem started.

At 10:45AM - the IPO for BATS opened $15.25, the stock was halted shortly after amid widespread system issues. On other exchanges, the stock was trading as low as $0.038.

At 10:48 - the BATS system issued an alert saying it is currently investigating system issues trading in symbols ranging A through BF.

At 10:57AM - a bad trade on BATS triggered a trading halt for NASDAQ-traded Apple (Nasdaq: AAPL).

At 11:07AM - BATS BYX Exchange declared self-help against BATS BZX per Rule 611 of Regulation NMS. Routing to BATS BZX was suspended as of 11:07:04 ET.

Shares of BATS remain halted heading into the noon hour.

[billyjoe]

River,
Have you ever watched "The Shark Tank" or the Canadian version "The Dragon's Den"? I always think of you when the inventors are pitching to the venture capitalists. Would you be the Inventor or the Capitalist? Just 2 days ago on the Canadian version (channel 23 CBET on my cable) they had a dispute over an expired patent and Home Depot Canada vs. the US.


-------------billy

[billyjoe]

River,
That was a close one. Now back to 15.25. I was about to sweep out my boiler room. It's real warm down there but now you can stay in your cozy condo. Any IPO you invest in shows promise in my book.

-------------billy