12/11/2014 Live Update

[DellGriffith]

Something feels very pump and dump about this... probably the lower highs and general downtrend. I'm just super happy the only puts I got this morning were GPRO. I knew I was chasing, but I wasn't expecting +2% to turn to -6% so quick, haha.

GPRO has to be the biggest fattest pig in the investing world right now. I read a stock forum full of newbies and they mostly talk about buying GPRO stock. My sister knows nothing about investing and dislikes talking about it, but she brought up buying GPRO stock at thanksgiving.

Its chart looks like a contracting triangle in the middle of breaking down to deep lows....

Exactly! I've been wanting to get puts since the highs, but the premium was just insane. After I saw it broke big support, it looked like it might go to IPO prices very quickly, so had to pull the trigger.
They are a neat fad, but too many competitors.

What is the appropriate response in a social setting like that anyway? Your sister, who knows nothing about investing, pumps a stock you clearly can see is a fat pig. Do you tell her she is wrong, which can make you look like a know-it-all and discourage her from investing, or say nothing and risk people getting hurt for pumping a bad stock and then people get mad at you later for not speaking up about how risky it was....

[K447]

Often block trade alerts also seem to be p-bars.
Lately, block trade alerts have been set close to Previous Day close.
I don't have FlowerGirl decoder ring, so I don't know how to profit from this observation

pBar SPY 203.21?.. nah couldn't be could it?

late block trades.. from the black pool.. released when they feel appropriate…. possible buy prints from yesterday?.. like the earlier ones mentioned by TG, sell prints from the day before.

My own take is that the only phantom bars of interest are those that do NOT reflect recent price history. I suspect a lot of the phantoms are simply trades for which the real-time reporting has been delayed or deferred. If the pBar price is similar to the pricing from earlier in the day, the recent after hours games, or the prior day's close area, then it may well be a delayed reporting of an old trade.

Whether the delays are intentional, or actually trying signal something, I could not say. Perhaps more phantom bars mean more dark pool activity and reporting games, the delays themselves (and the pBars frequency of appearance, rather than the prices) indicating that something is afoot. Or perhaps it is mostly just computers and technology tripping over itself

pBars that extend into a price range that is not from recent history, those are something different, I suspect.

[FlowerGirl]

pBars that extend into a price range that is not from recent history, those are something different, I suspect.

Another perspective...may be!
viewtopic.php?f=2&t=1501&p=177471#p177471
It is just not the price...there is lot more that can be learned from this information...

[Heck]

ISE ISEE got ahead of market yesterday with a BUY.
Today mixed to UP again.
19% ALL and 48% EQUITY opening long overvalued calls/puts favour UP.
Ten times as many puts as calls on INDEX opening long undervalued calls/puts favour DOWN.
We have a divided market with edge to UP

https://www.ise.com/market-data/isee-index/

[fehro]

My own take is that the only phantom bars of interest are those that do NOT reflect recent price history. I suspect a lot of the phantoms are simply trades for which the real-time reporting has been delayed or deferred. If the pBar price is similar to the pricing from earlier in the day, the recent after hours games, or the prior day's close area, then it may well be a delayed reporting of an old trade.

Whether the delays are intentional, or actually trying signal something, I could not say. Perhaps more phantom bars mean more dark pool activity and reporting games, the delays themselves (and the pBars frequency of appearance, rather than the prices) indicating that something is afoot. Or perhaps it is mostly just computers and technology tripping over itself

pBars that extend into a price range that is not from recent history, those are something different, I suspect.

Thanks!.. seems computers are never wrong.. operators usually are.

[K447]

pBars that extend into a price range that is not from recent history, those are something different, I suspect.

Another perspective...may be!
viewtopic.php?f=2&t=1501&p=177471#p177471
It is just not the price...there is lot more that can be learned from this information...

If you can provide a cogent explanation for the phantom bar mechanism(s) or how to leverage the 'information', I am all ears.

[FlowerGirl]

pBars that extend into a price range that is not from recent history, those are something different, I suspect.

Another perspective...may be!
viewtopic.php?f=2&t=1501&p=177471#p177471
It is just not the price...there is lot more that can be learned from this information...

2014-12-11
BLOCK TRADE: $SPY 501,062 shares @ $203.21 [11:18:46]
BLOCK TRADE: $SPY 501,062 shares @ $203.21 [11:16:51]
BLOCK TRADE: $SPY 501,062 shares @ $203.21 [11:15:40]
BLOCK TRADE: $SPY 1,002,124 shares @ $203.21 [11:03:19]2x
BLOCK TRADE: $SPY 501,062 shares @ $203.21 [11:01:13]

[fehro]

http://www.aaii.com/sentimentsurvey/sent_results

[Al_Dente]

Something feels very pump and dump about this... probably the lower highs and general downtrend. I'm just super happy the only puts I got this morning were GPRO. I knew I was chasing, but I wasn't expecting +2% to turn to -6% so quick, haha.

GPRO has to be the biggest fattest pig in the investing world right now. I read a stock forum full of newbies and they mostly talk about buying GPRO stock. My sister knows nothing about investing and dislikes talking about it, but she brought up buying GPRO stock at thanksgiving.
Its chart looks like a contracting triangle in the middle of breaking down to deep lows....

Exactly! I've been wanting to get puts since the highs, but the premium was just insane. After I saw it broke big support, it looked like it might go to IPO prices very quickly, so had to pull the trigger.
They are a neat fad, but too many competitors.

What is the appropriate response in a social setting like that anyway? Your sister, who knows nothing about investing, pumps a stock you clearly can see is a fat pig. Do you tell her she is wrong, which can make you look like a know-it-all and discourage her from investing, or say nothing and risk people getting hurt for pumping a bad stock and then people get mad at you later for not speaking up about how risky it was....

From the "None of my Business" Department:
You have to tell her
Two problems with that:
1) you could be wrong
2) you are right, but losing on GPRO results in her discouraged and abandoning the market forever
One possible solution:
Tell her about benchmarks, stop loss points, so she’ll learn to have a decent exit point when wrong.
You win, she wins sort of

[MrMiyagi]

qqq

[MrMiyagi]

GoPro has good products that are trendy now because so many people are talking about them and mentioning them.

In the end though, it is JUST A CAMERA

Besides, remember the Crocs craze? The stupid stock rocketed because everyone just HAD to have a pair of crappy plastic shoes.

Then the knockoffs arrived from China.

The rest is history.

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2014/12 ... ay-update/

[brucekeller]

GoPro has good products that are trendy now because so many people are talking about them and mentioning them.

In the end though, it is JUST A CAMERA

Besides, remember the Crocs craze? The stupid stock rocketed because everyone just HAD to have a pair of crappy plastic shoes.

Then the knockoffs arrived from China.

The rest is history.

I love you... I said almost the exact thing verbatim to all these GPRO guys, that GPRO would be the CROX of this bull market. They didn't get it. They said it was a $400 camera vs $40 shoes.

[K447]

ThinkorSwim shows a pre-market pbar down to 103.31 at 8:00am and 103.28 is within the pre-market trade range. Market gap opened just above there, so dark pool or delayed trade reporting seems possible.

[cletus]

VXN p-bar update, still have 8 vols to go, applying a multiple it could be another 300-1,000 nasdaq 100 pts. Maybe I'm low-balling.

[MrMiyagi]

qqqX

[K447]

GoPro has good products that are trendy now because so many people are talking about them and mentioning them.

In the end though, it is JUST A CAMERA...

GoPro has done an amazing job with self promotion and awareness, even turning themselves into a content channel. Widely available product distribution, you can buy accessories almost anywhere.

The actual GoPro cameras are, to me, surprisingly poor. Lousy user interfaces and weird physical design limitations. I just sold my last one, too many limitations for my purposes. I am surprised there are so few contenders in the space.

[MrMiyagi]

I love you... I said almost the exact thing verbatim to all these GPRO guys, that GPRO would be the CROX of this bull market. They didn't get it. They said it was a $400 camera vs $40 shoes.

People only hear what they want to hear.

If anyone ever asks you for your opinion or advice on anything, 99% of the time they are just looking for confirmation on what they already have decided to do.

[brucekeller]

If AMZN made a GoPro clone, GPRO would get crushed instantly I believe. Ok sorry for the derail.

[fehro]

SPX .. NDX in a parallel channel.. VIX clinging onto support.. bigger move is close..