TASR CLIMAX TOP

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  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    TASR CLIMAX TOP

    TASR CLIMAX TOP, Seriously, I wonder where the top is on this one. Drawing channel lines I come up with infinity as the answer. This can be stopped quickly I'll just purchase a few shares.
    billyjoe

  • #2
    I don't short stocks, but if I was going to, this would be right at the top of my list. What is the P/E now, like 300? Looks like an internet bubble throwback to me.

    -Dave

    Comment

    • Jaws57
      Senior Member
      • Dec 2003
      • 100

      #3
      I dont short stocks either, but I buy put options every now and then.
      I am looking hard at this one. I allow myself a gambling move once in awhile. I will buy an out of the money put for sure, if I buy. Any ideas?
      Looking at Apr90 put, but only a week left. The stock was less than 80 four days ago.

      Jaws57
      Jaws57

      Comment


      • #4
        ... and then there's IPIX.
        Holy smokes.

        Comment

        • stocks54
          Senior Member
          • Nov 2003
          • 178

          #5
          Dot Com .....

          It's almost like dot com bubble. In my opinion it's come to point where it's risky if you buy it or if you short it....

          It would be interesting to see when and how....

          Regards,

          Comment

          • spikefader
            Senior Member
            • Apr 2004
            • 7175

            #6
            Originally posted by Jaws57
            I dont short stocks either, but I buy put options every now and then. I am looking hard at this one. I allow myself a gambling move once in awhile. I will buy an out of the money put for sure, if I buy. Any ideas?
            Jaws57
            Don't do it man. There are better shorts out there to buy puts for.



            Here's a few bearish setups for ya if you absolute must short this bull market:

            http://img47.photobucket.com/albums/...in_trouble.jpg (if it breaks the red support line)

            or short the Aussie Dollar - perfect time to short right now IMO

            Comment

            • spikefader
              Senior Member
              • Apr 2004
              • 7175

              #7
              Originally posted by stenzrob
              ... and then there's IPIX.
              Holy smokes.
              LOL wow.
              There is actually a valid short setup for this one.

              Comment

              • Jaws57
                Senior Member
                • Dec 2003
                • 100

                #8
                Put

                Good chart info Spike!!

                But the dice left my hand, I am in at $2.00 on the Apr90. This is my gambling money and even if I lose 100% I wont get down about it.

                We will see what happens on Mon, I'll take a strong look at your other idea. I have no problems cashing out and going to a different craps table.

                Keep up the good info, I like reading your posts!!!

                Jaws57
                Jaws57

                Comment

                • spikefader
                  Senior Member
                  • Apr 2004
                  • 7175

                  #9
                  Re: Put

                  Originally posted by Jaws57
                  Good chart info Spike!!
                  But the dice left my hand, I am in at $2.00 on the Apr90. This is my gambling money and even if I lose 100% I wont get down about it.
                  We will see what happens on Mon, I'll take a strong look at your other idea. I have no problems cashing out and going to a different craps table.
                  Keep up the good info, I like reading your posts!!!
                  Jaws57
                  OK good luck with it. Just looked at the price of the April90 puts and they're 1.10x1.20 despite the fall in stock price. Ouch. Is that right? It wouldn't surprise me if it is. One time when I bought puts on a plunging stock, the options devalued despite continued drop in stock price. I was furious naturally and ended up break even despite something like a 15% drop in the stock price. Bunch of crooks, those options MMs.

                  Comment

                  • stocks54
                    Senior Member
                    • Nov 2003
                    • 178

                    #10
                    TASR

                    TASR - Up 13 %... unbelivebale....

                    Comment


                    • #11
                      Anyone short this thing? Almost wish I had!

                      -Dave

                      Comment

                      • mrmarket
                        Administrator
                        • Sep 2003
                        • 5971

                        #12
                        I don't shed a tear for the TASR longs...they are up 6500% in the last 12 months.

                        $10,000 down on a buy and hold would be $650,000 now. That would get me through one Titan weekend in AC.
                        =============================

                        I am HUGE! Bring me your finest meats and cheeses.

                        - $$$MR. MARKET$$$

                        Comment

                        • mrmarket
                          Administrator
                          • Sep 2003
                          • 5971

                          #13
                          Actually...from a fundamental perspective, TASR's revenue growth has been impressive. HOWEVER...

                          The market is very cruel when it comes to one company hogging all of the profits. As we speak, there are probably dozens of well capitalized companies with blueprints on the table for a better stun gun. What the market giveth, the market taketh away.
                          =============================

                          I am HUGE! Bring me your finest meats and cheeses.

                          - $$$MR. MARKET$$$

                          Comment


                          • #14
                            It Climaxed

                            Down 34 bucks from the open.. I would say we have had the Climax in this one. Hope no one on this board took a big hit from it.

                            Comment

                            • mrmarket
                              Administrator
                              • Sep 2003
                              • 5971

                              #15
                              I think a straddle would be an really fun play here.
                              =============================

                              I am HUGE! Bring me your finest meats and cheeses.

                              - $$$MR. MARKET$$$

                              Comment

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