Seeking Alpha

Ocean Man

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  • Ocean Man
    TVIX and DUST both up more than 10% from where I covered shorts this morning. Phew!
    10 hours ago
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      • Ocean Man
        Bought CRK at 14.55. Sitting right at what's been support for the past 3 months.
        11 hours ago
        Reply (4)
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        • Aliefduffey: Picked up CRK and CRZO and skipped ROSE because of earnings miss.
          10 hours ago
        • Ocean Man: Yes, I've been watching CRZO today, looks great here. My next target.
          10 hours ago
          • Ocean Man
            I purchased some shares of ELRC at 13.98. 5.7% yield. Good chance of a dividend increase soon.
            12 hours ago
            Reply (4)
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            • Dr. Kris: Confucius say: The only thing left unscathed after trying to catch a falling knife is the knife.
              10 hours ago
            • Ocean Man: True. I missed filling at 13.50 by a penny, went back up to 13.92.
              8 hours ago
              • Ocean Man
                And that, my friends, is how you get a double in 10 days. DUST June $75 puts $13.20 ----> $26.40.
                14 hours ago
                Reply (5)
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                • Richard R: Nice, DUST has been getting a lot of attention since about a month or so, poor gold bugs don´t know what hit them, great play OM.
                  13 hours ago
                • sean.parmelee: Not going to be greedy and go for the double double?
                  13 hours ago
                  • Ocean Man
                    Covered most of my short TVIX at 8.49. Felt too risky.
                    15 hours ago
                    Reply (4)
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                    • Josh Krause: With the amount of data coming and the current market, I would lean towards bearish.
                      11 hours ago
                    • Prutti: yeah, i hope so. i was one of the unfortunate bag holders of TVIX. it'd be nice to make a little bit of it back before i dump it.
                      11 hours ago
                      • Ocean Man
                        Just your normal 15% intra-day reversal on TVIX.
                        Wed, 3:59 PM
                        Reply (1)
                        • Tom Guttenberger: Reminds me of coal yesterday. Coal miners are synthetic ETNs too, right?
                          Wed, 6:43 PM
                          • Ocean Man
                            I just sold one of my DUST puts because I thought it would be fun to lock in a $1,000 gain on one put. $13.20 ----> $23.22 in 9 days +76%.
                            Wed, 2:56 PM
                            Reply (5)
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                            • OneLongTrade: That was the Jun $60 put btw, I believe OM went in on a higher strike.
                              Wed, 3:38 PM
                            • Ocean Man: Way to go OLT! Yes, mine are the June 75s. Tomorrow I will roll into 55s. No reason to risk $2,500 when downside can be capped at $800.
                              Wed, 8:15 PM
                              • Ocean Man
                                CJES turbo-boosters!
                                Wed, 1:32 PM
                                Reply (3)
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                                • gdwigan: Actually all OS's coming back rather hard. Even my lowly SPN making a push.
                                  Wed, 1:50 PM
                                • realornot: BEN is back! told Uall earlier. Ride the wind.. THE DOVE....
                                  Wed, 1:50 PM
                                  • Ocean Man
                                    DUST just dropped 14% in the last 2 hours LOL.
                                    Wed, 1:27 PM
                                    Reply (6)
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                                    • sean.parmelee: Miners are way oversold relative to gold and equities. They could easily rally without gold rallying.
                                      Wed, 1:53 PM
                                    • OneLongTrade: DUST now down almost 11% to $53.
                                      Wed, 2:43 PM
                                      • Ocean Man
                                        Man, Patriot Coal..... how many people thought the drop from 25 was done at 7, or 5, or 4, or 3, or 2......
                                        Tue, 3:24 PM
                                        Reply (18)
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                                        • Day Trader001: Coal is just for a bad kids stocking stuffer now!
                                          Tue, 4:45 PM
                                        • det9: Thoughts on ANR?
                                          Tue, 9:25 PM
                                          • Ocean Man
                                            Nice 14% up move by KORS since Friday lows. Sold some Nov $55 covered calls for $2.60.
                                            Tue, 11:33 AM
                                            Reply
                                              • Ocean Man
                                                QRE up 9% from Friday's dip. LEI finally showing some life, up 20% from last week's dip-buy.
                                                Tue, 11:04 AM
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                                                  • Ocean Man
                                                    HTGC has achieved liftoff! +6%
                                                    Tue, 10:36 AM
                                                    Reply (1)
                                                    • Ocean Man: I took gains. Up 10% in about a year including dividends.
                                                      Tue, 10:40 AM
                                                      • Ocean Man
                                                        Sold some SVVC at 20.15. It still should go higher. Will likely re-buy if it retreats.
                                                        Tue, 9:53 AM
                                                        Reply (5)
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                                                        • Aliefduffey: That is a good rule, I like your style.
                                                          Tue, 3:50 PM
                                                        • bradyc: I sold some at 20.1 as well. If by long you mean not to take some or all profit, that's would be stupid. learnt my lesson not selling at 30
                                                          Tue, 5:08 PM
                                                          • Ocean Man
                                                            FB down 6%, SVVC up 8%. The power of pointing out free money. http://seekingalpha.com/a/d0rb
                                                            Tue, 9:51 AM
                                                            Reply (2)
                                                            • J. A. Saglimbeni: Got out at a loss, put some money in AAPL calls...
                                                              Tue, 10:04 AM
                                                            • Hillbilly Stock Star: Still licking wounds, cash heavy, small longs only.
                                                              Tue, 11:43 AM
                                                              • Ocean Man
                                                                If you could buy $20 bills for $18.69, how many would you buy? Here's your chance: http://seekingalpha.com/a/d0rb
                                                                Tue, 8:26 AM
                                                                Reply (5)
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                                                                • Bob de'Long: Oh, it could go down until it goes up. Is it possible it could go up first find a ceiling and then go down?
                                                                  Tue, 9:04 AM
                                                                • kev6950: guess someone listened...up 6%
                                                                  Tue, 9:46 AM
                                                                  • Ocean Man
                                                                    Any Benjamin Graham disciples out there? I have a question for you.
                                                                    Mon, 9:20 PM
                                                                    Reply (1)
                                                                    • Hillbilly Stock Star: I'll try no gaureentees.....
                                                                      Mon, 10:53 PM
                                                                      • Ocean Man
                                                                        Anybody else come into today short TVIX? Giggity. Feeling pretty good about my XIV short cover on Friday.
                                                                        Mon, 5:53 PM
                                                                        Reply (12)
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                                                                        • Dr. Kris: Re--TP: I think you just summed up Wall Street. Kudos.
                                                                          Tue, 1:59 AM
                                                                        • satan2liberals: I shorted tvix today , tried unsuccessfully last friday.
                                                                          Wed, 8:03 PM
                                                                          • Ocean Man
                                                                            TVIX from 10.98 to an 8-handle in one day......
                                                                            Mon, 3:44 PM
                                                                            Reply (5)
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                                                                            • OneLongTrade: My capital is currently tied up, but I'm exploring new ideas in terms of buying puts on leveraged bear etfs, such as DUST.
                                                                              Mon, 11:32 PM
                                                                            • Ocean Man: TZA, EDZ, FAZ, TVIX, DUST.
                                                                              Tue, 12:30 AM
                                                                              • Ocean Man
                                                                                Eagle Ford juniors bouncing today: MHR +9%, SM +6%, CXPO +6%, CRZO +5.5%, CWEI +5%, and services co CJES +5%.
                                                                                Mon, 1:55 PM
                                                                                Reply (1)
                                                                                • Maria Auziliadora: About time!!!
                                                                                  Mon, 5:55 PM