Jiesen tries to take over the world

[Websman]

At last......a Vulcan's revenge on OFG!

The time has come!

[spikefader]

Hahaha! Watch OFG run!

At last......a Vulcan's revenge on OFG!

[Websman]

Hahaha! Watch OFG run!

[Websman]

Good reminder, I forgot about that little perk with dividends when shorting.. ouch!

After I take my dividend and collect my profits I may go short myself, if the price action looks weak. For now, my long position is looking good.

[dmk112]

Wait until the record date is past, or else you have to pay the divy!

Good reminder, I forgot about that little perk with dividends when shorting.. ouch!

[New-born baby]

Patience . . . .

OFG may go to 15 and that is when I will short it

Wait until the record date is past, or else you have to pay the divy!

[dmk112]

OFG may go to 15 and that is when I will short it

[Websman]

OFG goes up again.

[jiesen]

OFG chart

I'm glad to see that the TA aligns with the FA on this one!

[New-born baby]

Percentages

Why in the world would you guys consider OFG? jeez what a loser..

DMK:
Well, OFG was selling for $13.30 earlier this week. It is now a $14 stock.
If you had picked up 1000 shares, you are looking at $700 in one week. And it'll probably see $15 before Sept 28. And the stock is cheap.

Need more reasons? Here's the chart: don't short this one.

[jiesen]

Hmm, maybe I should have held on to MRK after all...

MRK seems to be shrugging off that $253M verdict like it's nothing. Check it out:

http://finance.yahoo.com/q/bc?s=MRK&t=5d

I guess the market expects them to come out of this all right after all. Go figure.... Well, that verdict, while likely to be overturned and/or reduced still makes it just too risky a bet for me to take. Oh well, at least I managed to get out of it with some profit intact.

[Websman]

Why in the world would you guys consider OFG? jeez what a loser..

Watch and learn.

[dmk112]

Why in the world would you guys consider OFG? jeez what a loser..

[Websman]

I just doubled up my position in OFG (to about 3% of port now) at 13.2. I may be overweighting myself in bank stocks (OFG, FRGB and CIB now are over 6% total portfolio) but I justify it with the slew of insider purchases of OFG over the past few months, the nice dividend, and a $2/shr EPS. If it drops any further, though, I'll admit I'm wrong and cut my loss at 12 or so, but I think OFG is finally showing a little life here, and probably has found bottom at 13. Besides, my other options (I was thinking about picking up more CMTL or AMLN) have already run away from me, and I don't want OFG to get away, too.

I just joined you in OFG. I couldn't resist the bargain price and the upcoming dividend!

I had to take my profit on NGPS to buy OFG, but it's looking like it may pay off.

[jiesen]

It might not be a bad plan to short DHB to that level.

Careful, though. Just because it could go that low, doesn't mean it will. There are a lot of better short opportunities out there, imo. But I do have to agree, if you must play DHB right now, short is the way to go- but do it with a tight stop, and if you make a quick buck off of it, take it quick and run. I think there's still some value to this company, and it could come roaring back anytime.