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5 Day 0.00%
15 Day 27.21%
1 Month -17.96%
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snowman: Trade Notes

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Sold to Close 3 contracts of NUE MK at 9.70

snowman posted on 12/17/08 at 03:59 AM (Note posted about 8 hours after the trade)

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NUE MK 12.80 -1.80 [-12.33%]

Trades | Notes | Blogs
Users Bought (30 Days) 11 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 12.95B
52-Week High 51.08
52-Week Low 25.25
10 Day Volume 5.50M
P/E -50.27
EPS (Trailing 12 Mos.) -0.84
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Sold to Close
Symbol: NUE MK
Quantity: 3 contracts
Price: $9.70
Value: $2,910.00
Stop Order: No @ $
Target Price: $
That was a set up. Put in a low bid price and it filled immediately always a bad sign when I bought these. This stock does not seem to follow anything S&P500, X, or commodities. Very strange because it is part of those groups. Low volume week and so is next week and the crooks down at wall street will run the market up. Looking for a better entry point on puts and I guess I will stay away from this stock? $280 loss I can afford no sense in chasing a bad bet.
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Posted by snowman on 12/17/08 at 03:59 AM

Tag It | 1 user tagged it: NUE MK, option, sellclose

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corbinb2

Member since: Nov 07
5 Day -15.11%
15 Day 0.25%
1 Month -25.00%
3 Month -66.22%
6 Month -94.26%
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Trades 214
Trade Notes 217
Blog Posts 86
Business Owner
Age: 40's
AZ UNITED STATES
corbinb2
Posted December 17, 2008 (05:02AM)
Holding some $30 CALM Calls for Dec (QKM LF) that the market makers or ticking me off on...lol

If you look at the $25 calls they are jumping all over the place but the $30 calls don't budge (371 outstanding too). They are purposely holding this back if you ask me, but who can prove it?
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