Tuesday, August 19, 2008

The Trust Tree is losing branches ~ SunTrust Banks, Inc. (Public, NYSE:STI)

Don't trust SunTrust! 

Today POTP unleashed "puts of power" against STI.   

Death to the "orange line" ... KILL the 50dma!!!


p.s.  HUGE recent put buying in the RKH. 

p.s.s.  speaking of "sun" ... SunTech (STP) reports in the AM ... go team. 

p.s.s.s.  up 20%+ , our SKF and SRS timing was impeccable, as was the GS short.  and look, even our IBM puts turned GREEN today, back in the money!   ... and lastly, we sold some drugs today without getting caught!    cheers. 

15 comments:

big mike said...

lol@ the bank robber, he is like bitch im straped! down with the Trust!!

big mike said...

forgot to ask should i get into STP when it opens? didnt get a chance to get in when you said it first

BUY ON THE DIP said...

nah, it reports before the open.

Jim Collins said...

Im already on STI as of today (got filled on STIUG @ 1.60) and have an order on RTH puts for the AM great minds think alike.

Jim Collins said...

Also EXM is going my way - down.

Jim Collins said...

jimcollins at gmail.com if anyone wants to shoot me an email or chat on gtalk.

Anonymous said...

i'm watching EXM as well...i thought i missed the boat when it shot up last week 30%. i hope to snag it a few bucks cheaper. stephen leebs just added it to his growth portfolio about 3 weeks ago..

BUY ON THE DIP said...

nice

Stone Temple Pilots wins!

STP up 8% ... Profits are good.

jd said...

Hope you guys still own SKF .. :-)

ken said...

HK up over 9%. RIO back 4% woohoo!!

sara said...

omg damn i didnot get in stp again


i though that was it

botd fuck good call

Anonymous said...

BOTD,

Excellent Dip Tracks! Love the new music selections there as well as your recent reco's which are working out rather nicely for me on options straddles I've placed. Keep up the good work! :)

p.s. I whole-heartedly agree that we should all own some Gold equities here. Buckle up and hang on!

Anonymous said...

BOTD, what's your opinion on FRE and FNM ?? They are lying almost at the bottom... What's your thinking about another pop happening like few weeks back ?

tradertom said...

LOL FRE & FNM will be cheaper than pennies soon.

jd said...

Better SHORT than sorry in this market.