Poz tone, though flattish prices … FTNW the HTB du jour… 76,400 trades, nothing like CFIS yesterday but still… HTBX and ZYNE PO movers but no spots and FTNW had all the attention and money in the day trading world. Glad to finally exit KNDI, though driven out at trailing stop on final bit. Notes on charts:
Movies Watched -- Blindspotting (2018)
95 minutes so a good length, but I still had to watch it at 1.5x ffwd. The story of two childhood friends, one black, one white. Black guy has three days left on probation (convicted of a horrific assault on a hipster, his white friend got off, inexplicably), when he witnesses a white cop shoot a black guy in the back. Issues of race and the gentrification of Oakland, but it wasn't very good, a muddled message at best. Clearly the black guy playing the part is educated, probably a sweet middle class kid who grew up in a nice suburb. I wasn't thrilled. Lots of unnecessary swearing too. Dude, do you have to use so many cuss words? Again the rotten tomatoes ranking leads me astray. Red rating, avoid.
Richard Brody gets it right: “… the movie’s substantial observations are dispersed in theatrics … the conflicts are schematic, the characters are thinly sketched….“
I ain’t no killa, I just beat guys senseless who have caught on fire
Trading Notes -- 20190225 Monday
Poz broad tone, never a down day … CIFS TTNP KNDI UXIN … ACHV day two down 24% 9,600 trades, 181,000 last Friday, lol. Notes on charts.
Trading Notes -- 20190222 Friday
Poz broad tone (predictably, can’t have two down days in a row, been the case for months now) … ACHV the HTB du jour and the only game in town … all ZSAN losses recoupable but only if you acted off of PO difangs, no spot in regular hours, and they triggered SSR early, the dirty bastards … finally stopped out of DBD, crazy to hold it that long but better than monkeying with the original stop. KNDI the clown car company still holding up… it’s either going to go to new highs or collapse, take your pick.
Trading Notes -- 20190221 Thursday
Slightly negative tone (don’t worry, it’ll go up again tomorrow) … ZSAN all-day runner, Killer of Flying Pig Players, KNDI, ADIL, CREG … notes on charts.
Trading Notes -- 20190220 Wednesday
Poz tone for the SPY yet again. Never a down day, for months now. PO HTBs KNDI, CLSD, RIOT … interestingly IB had a few shares of KNDI and CLSD which I anticipated would all be pre-borrowed and was correct about … RIOT is full red unshortable … KNDI squeezed all morning and into 13:30 and I shorted C&B and eventually A off of PO difangs, IB gave me a very nice fill on the A since they ran out of borrows in the morning then found some in the afternoon and filled me right then (near top tick of course) … would have been awkward if I wanted to add at C1 and had no shares available, woulda been a major bummer but it didn’t happen. KNDI has had a $300M shelf in effect for a year and a half now and this NHTSA approval the perfect spot for them to sell into, but we’ll see. Able to carry since not paying 7x for the overnight barrow, ha! CLSD a little more straightforward, shorted C&B and could have added A but they ran out of borrow (didn’t pre-borrow enough, same as KNDI), woulda been near top tick (of course) but I’m fine with this ave and will hold into a StuckAtaProfit day(s) and eventually cover out for the expected gain (he says confidently (hopefully?)) … they did find 20K more shares after hours, but we’ll see about adding them, probably won’t.
Movies Watched -- Custody (2018)
In French. 93 minutes, so the right length, but so grim I had to watch it at 1.5x ffwd. Custody battle, 11-year-old boy and his teenage sister caught in the middle. Father, a hulking brute, is menacing in a Tony Soprano-ish way. Doesn't have a good relationship with his own old man, gets thrown out. Ugly biz. Father snaps in the end. Miserable, who wants to watch this kind of thing? Not a thriller, don't know why it's categorized that way. Yellow rating at best.
Don’t hit Mom (or me)!
Trading Notes -- 20190219 Tuesday
Broad tone poz, god forbid there’s a down day and never ever two in a row…. PO HTBs: SKYS ORPN ARTW … shorted SKYS (0.18 borrow) at PO C covered half at minC, didn’t hit Typ3 before close, wasn’t going to carry at 7x cost, SKYS was only FIDO in morning though of course crowded out by day end … RIOT full red at IB came alive (latecomer) given BTC rally, put in big run, gave many good spots (secondary and even tertiary), RIOT FIDO #14 EOD predictably, ARTW C&B possible, minC and Typ3 reached during day, ditto for ORPN though ORPN did a vicious squeeze first, woulda had to be secondary entries .. XNET another old BTC play back to life, IB has 2.5MM shares so I’ll stay away :) … good day, very solid trading, coulda been very big if not under PDT, money will be sent this week or next (he says hopefully). Still have two old positions (PYX, DBD) yet to stop out but looks like they will … once those are clear, I can switch 100% to bookie broker.
Movies Watched -- Molly's Game (2018)
140 minutes long so at least 40 minutes too long… way, way, way too long. Written and directed by Aaron Sorkin, a sympathetic view of Molly Bloom, a woman who ran an underground poker game for a number of years, first in LA and then in NYC. Starred Jessica Chestain, er, Chastain and her chest and cheekbones, and Kevin Costner as her pushy Jewish dad, Larry, which didn’t work for me. They also invented a gorgeous black lawyer (Idris Elba) who worked pro bono for her, which was weird but par for the course for Hollywood.
Only really interesting part was when the Italian mob beat her up after she rejected their offer of debt collection and protection. Could she really have been that naive? Also interesting was how she recruited players by paying off casino floor men and cocktail hostesses. Some cheap psychobabble about Daddy Issues and needing to have power over powerful men. Why not just say she was greedy, liked partying, and didn’t have the good sense to quit while she was ahead?
I think Sorkin likes these Wayward Jew stories and wants to create his own version of history. Wouldn’t have been terrible if they made it 90 minutes long, but as it is, it’s a red, avoid.
Mick Lasalle gets it right: “Sorkin takes a sordid, morally muddled anecdote and inflates it with an importance it doesn’t deserve and can’t sustain … Sorkin’s default, when in doubt, is to steamroll the audience with dialogue.“
Just a really ambitious librarian who liked snorting coke
Drowning In My Own Tears
Pierino at age 67 covering Stevie … a certain Lawrence Welkian feel … not crying in his beer: