Friday, January 30, 2009

Stan the Orphan?! ~ *SHORT* Morgan Stanley (NYSE:MS)


"Spread the Board!"

BOTD MOVE # 23


it's a BOY! 




March of "dimes" 

$3.20 +0.70
 (+28.00%)

... like BUTTA! 





the April 20s ...hmm, 

$3.87 +0.67 (+20.94%)

the 4:20s!  dude, bro! 





 STANLEY!?! ... stan: "don't call me that!"

p.s.  Double Bottom? or $20 and the line of Abandonment? *click  

20 comments:

BUY ON THE DIP said...

Still holding FEB 18s , down big.

BUY ON THE DIP said...

hedged with a few FEB 90 $GS calls. (insurance)

BUY ON THE DIP said...

X FEB 30 puts vs. FCX mini-calls.

added
FEB 30s (FCXBF)

Le Soldat said...

Oh Man ... this is too funny. I'm playing the exact opposite. I've been long MS since Dec, for an almost double. For Goldman, I'm looking at some puts if GS goes higher. For the long term, I'm less bearish on MS and more bearish on GS.

I think anyone playing these stocks is gambling. If the market holds up for the next few days, then I'll be All in for a major bull run to 9000-10000. The probability has come down significantly for retesting the Nov lows. Friday was a good opportunity for the bears to do it.

Then maybe DOW to 7500 again by summer. Buy on the Dip, I don't see the Dow hitting 6000 in the short term, it will take a longer time horizon for that to happen (assuming the economy continues to deteriorate).

Both FCX and X are buy/hold if they come down lower, both stocks have very good balance sheets and are undervalued (especially X).

Good luck!

Kidd Jones said...

premarkets looking rough right now...

DOW future @7900

PPT should be in office soon

Le Soldat said...

If support is broken between 795-800, then we will most likely re-test the lows. I still think it's unlikely, and I'm buying on these dips, (with close stops of course).

BUY ON THE DIP said...

i own GS, FCX, and GE calls.

sold X puts, HUGE WINNER!

i hate MS.

Anonymous said...

relax botd, ms gonna down big tommorow

JDP said...

still holding FAZ BOTD?

indyy said...

Mother Sucker (MS) is such a pain in the ass :-)) I afraid it can pop hard when the markets pops upcoming days

Anonymous said...

I'm breakeven right now and the thought of covering them and going long has jusr crossed my mind do the support this stock has.

indyy said...

yeahhh...it has a lot of lovers

BUY ON THE DIP said...

short NUE. (replaces X)

BUY ON THE DIP said...

pairs trade:

long DLB, short BBY.

snd short BBBY.

BUY ON THE DIP said...

tempted to short RIMM, anyone ?



GE calls hangin' on by a few pennies.

Anon said...

BOTD, 9DMA on RIMM is 53.91. Might want to short below that.

Edward said...

Nice trade on $X!!!

Impressive watching you hold through the earnings pop.

Congrats!

BUY ON THE DIP said...

thanks Ed!

updated lending restriction list:

all restaurants
all trucking

cheers.

BUY ON THE DIP said...

JDP,

yes, holding FAZ.

buys at $55, and under $44.

(with MS puts, and GS & GE calls)

... looking to sell GS & GE if we get a pop, and hold MS until FEB expiration

Anonymous said...

why in da Gods heaven I bought those MS puts ? :))) lol