pthomas215
1,251 posts
msg #135457
- Ignore pthomas215 |
4/16/2017 11:31:06 AM
well, intuitively i would think it would explain why JNUG and NUGT didn't go in harmony on Friday. i dont know if there would be more to it though.
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mahkoh
1,065 posts
msg #135459
- Ignore mahkoh |
4/16/2017 2:32:44 PM
Agreed, but wouldn't a disruption in supply result in JNUG outperforming NUGT?
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pthomas215
1,251 posts
msg #135460
- Ignore pthomas215 |
4/16/2017 2:50:53 PM
yes, great point. unless, speculating once again, the lack of supply has negative sentiment attached to it, so insiders started thinking 'all things being equal, it's basically the same asset so lets go with the one not effected'
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BarTune1
441 posts
msg #135463
- Ignore BarTune1 |
4/16/2017 9:46:28 PM
Well, for what its worth, I took a position Thursday after I posted .... long 2,452 shares of JNUG @ 6.922 and short 1,500 shares of NUGT @ 11.334. I usually play pairs back to the 100,1 BB level. Currently, this represents a 18.5% profit potential. Positions taken are $17K per side. So, I'm looking at a potential profit of $3,145. So we will see how this plays out .....
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mahkoh
1,065 posts
msg #135465
- Ignore mahkoh |
4/17/2017 10:49:09 AM
Things getting pretty messed up. JNUG down 1%, JDST up 2.5 %. Shorting JDST here (14.08)
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mahkoh
1,065 posts
msg #135475
- Ignore mahkoh |
4/17/2017 4:02:33 PM
mahkoh
760 posts
msg #135379 4/11/2017 2:17:52 PM
Short UWT (22.95)
**********
Covered 22.15
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johnpaulca
12,036 posts
msg #135504
- Ignore johnpaulca |
4/19/2017 9:42:09 AM
AMZN(907.21).... action showing seller's above this price point, will short if price closes below here by 8:30 am(MST)
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johnpaulca
12,036 posts
msg #135505
- Ignore johnpaulca |
4/19/2017 9:49:05 AM
AMZN....took at shoot at it and covered at $904.43(upper BB40)...30min chart
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Kevin_in_GA
4,599 posts
msg #135506
- Ignore Kevin_in_GA |
4/19/2017 10:02:17 AM
JP - nice trade but I still don't understand why you are trading such an expensive stock. That move was only about 0.3%. Just curious why you aren't looking at stocks with larger percentage swings.
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johnpaulca
12,036 posts
msg #135507
- Ignore johnpaulca |
4/19/2017 10:21:36 AM
Kevin_in_GA
4,241 posts
msg #135506
- Ignore Kevin_in_GA 4/19/2017 10:02:17 AM
JP - nice trade but I still don't understand why you are trading such an expensive stock. That move was only about 0.3%. Just curious why you aren't looking at stocks with larger percentage swings.
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Just went for 2nd round trip...out at 904.59(upper BB40)...same entry.
Kevin....expensive stocks are not easily manipulated like penny stocks are. I look for good liquidity, high beta, optionable.
0.3%(x2)....it all adds up in the long run...lol
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