Losing your wordpress password sucks

A few people have written to me over the past month asking why my website hadn’t been updated in a while. I usually post an article every 2 weeks or so and my last article is almost 2 months old. The reason is simple: I had lost my wordpress password. But this is a long […]

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iphone sales

David Einhorn is an Idiot

So someone ended up forwarding me a letter from Greenlight Capital, a massive hedge fund (lol) managed by no other than David Einhorn. Here’s what I remembered from it: The Greenlight Capital funds (the “Partnerships”) returned (4.0)%, net of fees and expenses, in the second quarter of 2017 My first reaction was: is this a […]

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call on call

Selling calls on calls?

Someone sent me an e-mail today, linking me to an interesting question on /r/wallstreetbets. Here it is: The answer to that question is that you are indeed allowed to sell calls on your calls. Before we go on, let us sum this (rather advanced) situation. Given a certain stock that we will call ABC inc. […]

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cost of revenue snapchat

SnapChat is crashing? I NEVER SAW THIS COMING!!!

So I’ve already written on Snapchat a couple of times now because very frankly, giving a $30B valuation to what is essentially a profitless app is absolutely asinine. When the top argument of your prospectus is how you can use “lenses” to promote movies, you know your business shouldn’t have passed the $1B market cap. […]

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Project 250k: Starting up (First trade: WD-40)

WD-40 (NASDAQ:WDFC) should handily beat earnings estimates and rise quite a bit this earnings season. Overall, I don’t see this stock going anywhere in the next year or two, but I do not think they will go down neither. Little hype is built into their earnings release and while I don’t think they’ll hit another […]

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Project 250k

Announcing Project 250k: Can a Master Trader earn $250,000 USD ONLY by trading earnings AND after posting all his trades ahead of time? Trading earnings has always been my specialty. Last season, I went pretty much perfect, with only a few minor problems on SBUX and COST (namely, my puts expired pennies out-of-the-money) and one blunder […]

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