Lions Pounce! New Stock Pick(s) Posted To TradersChoice. By Gregory Mannarino

orionschariot (57) 7 years ago

Much appreciated Greg. The great thing about your picks is it doesn't matter what the market does, you're finding the needles in the haystack and capitalizing on it.

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newschannel428 (55) 7 years ago (edited)

i have to say this Greg your right again and i agree 100 percent and your picks are very , very good and we upvoted

jwolf (70) 7 years ago

thanks again for your valuable info man!

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msg768 (65) 7 years ago

Hey Greg! I turned out to be wrong about gold and silver. Massive move last night :/

belidged (43) 7 years ago

Hi Greg. I heard you mention one time you worked in medicine and wondered if you could maybe do a Steemit blog about some of your experiences with pharmaceutical and insurance companies. Thanks and lets rip some market face! lol

abcdoctor (54) 7 years ago

Thanks Greg; timely stuff!

smooths (35) 7 years ago

Thanks for the pick! No straddle on this pick?

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marketreport (74) 7 years ago

I placed a 10% OTM hedge.

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http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ebay&x=52&y=23&time=3&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

joejustjoe (48) 7 years ago

You "should be" able to pull the hedge profit at about 36.30...ish. Now at 36.42. There won't be too much more downside before your "chase the rally" entry price gets retested. I'm "trying" to teach you to stop doing this stuff, Greg. You bot a short term second day mini gap up after a 1 day stealth rally off an "ass kickin" low. Stop buying gapups after a rally and you will save yourself 30%+ in premium costs. :-)

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joejustjoe (48) 7 years ago

So I missed by 1 or 2 cents....I'll work on it? Low was 39.28. You can take it out of my upvote money "if" I get this thing back up to where you longed it. Is that fair to you, Greg? Better say yes...else I'll overshoot by .10. You don't want to panic here, nobody does. :-)

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marketreport (74) 7 years ago

That trade turned fast, I did take up a 10% OTM hedge. Let's see how it turns out.

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joejustjoe (48) 7 years ago (edited)

As I said, I'd be out of the hedge short but I'm not sure if you want to add to the long. I personally don't think you will be able to generate even 10% upside to the actual price you paid for those calls. So I'd be out as price crosses through today's high. It was pretty "obvious" it might turn right on the open as it reached a "minor" overbot signal. Even the gold stocks, which did that yesterday as GDX hit 22.50+ were "mildly" overbot there...but then "lunacy" drove them even higher. So what happens in short order? Yep! The whole thing gets retraced back to where the idiots wanted in. That's the way it always works. I haven't tracked EBAY at all but I figgered right from the getgo it would retrace. Plus this is a 52 wee high? EBAY basically sux, Greg. You byuying this pos on funnymentals or something even crazier than that? :-)

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joejustjoe (48) 7 years ago (edited)

To edit this, I said I don't think you could get even on your trade and generate 10%+...you can if you add to the position. But you will have to make a MUCH shorter term bet. So that's up to you as I'm sure a short term hedge likely generated at least 30%...if you played it the "correct" way.

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