Body
  • 31
    Nicu

    Nicu 9:57 am on September 6, 2014 - 997 days ago

    While I do not have a clear picture of the situation (not even speculative), here are some dot connecting lines that have formed after reading all kinds of rumours and observing the absence of some usual leaks and rumours before a product announcement.

    I think Apple in general, and Tim Cook in particular, are very meticulous in analysing problems / missteps and taking the time until they can come with the right solution. there are many examples out there, but who would have thought only a few years back that Apple will become a major powerhouse in chip design? Let me try to make a very short list of Apple strategic goals with a new product, beyond the obvious functionality, aesthetics, affordability etc. :

    1) in order to make a truly “magic” (like in sufficiently technologically advances) device, you not only have to think different(ly), but build a new manufacturing chain from the ground up

    2) thou shall not copy! if you use non standard materials / processes / chips, the crowd of fast copiers, I think the greatest plague that hit Apple since 2007, would always be far more than one year behind

    3) public relations: be it worker environment, sustainable manufacturing and information / parts leaks

    As I want to keep the list short, I will stop at three items, but continue with some comments on each.

    1) We have seen great acceleration not only in R&D expense but also in manufacturing capacity during the last few quarters; not only heavy investment in the sapphire plant, but also machines. And as we have seen both with the Mac Pro and with Foxconn, more and more robots will replace workers in the assembly line (note the connection with 3) ).

    2) We know that sapphire will be used, but because of production capacity and brittleness compared to gorilla glass, I do not think it will be used in iPhone 6, no matter the version / size / price. If it’s going to be used during the following year, I think iWatch (or whatever name they decide to use) is it.

    There is an even bigger (?) sleeper out there (I know, I was excited about it in the past and nothing happened), liquid metal. A wearable device that would have to save every tenth of a millimetre and of a gram, take very complicated / curvy shapes, be strong, look good, and that could not be (easily) copied, this would be a great solution; not to mention that sapphire + liquid metal would make a great piece of jewellery imported from the future. Take a look at those designs by the new employee of Apple

    http://www.marc-newson.com/ProjectCategorys.aspx?GroupSelected=0&Category=Timepieces

    And if this material will ever be developed, why not wait until it’s ready to launch not only a new type of device, but start a new era of computing: wearables.

    3) This is even wilder speculation than above. In such a small computer (iWatch), there will either be very few or no screws / buttons / moving parts, or they are going to be too small for (lightly trained) human hands that have to assemble millions of those with great efficiency and precision. Not to mention a very small, thin and thus fragile logic board and … oh my, tiny cables and connectors!

    If one designs a totally new device, why not also design its birthplace in the same time (think Tesla Model S) so that the puzzle becomes a natural fit (instead of trying to fit the square pegs of the old manufacturing ways in …). Sapphire produced in the US. Liquid metal cases produced in the US. Maybe imported internals and screens. Assembled in the US. Great public relations and advertising, almost inimitable!

    There are for sure many other things that make sense once you change the perspective. I would love to hear what you guys think we’ll get next week.

     
    • Zee

      Zee 2:36 pm on September 7, 2014 996 days ago

    • JPWatkins

      JPWatkins 11:03 pm on September 7, 2014 996 days ago

      The most important thing is that whatever Apple does, it will not be an iPhone/iPod on the wrist, the way Google/Moto, Samsung, and the rest of the Android gang seem to think (looking at their efforts.)

      In my opinion it will mainly make your other Apple devices useful and informative without you having to access them. It will of course do other helpful things for you (things that make sense for a wrist device) like display the time, who’s calling, etc. It will also be a sensor for your other devices.

      In other words, it won’t be “a tablet on the wrist” or a Dick Tracy watch, as Moto and Samsung seem stuck in thinking.

      • rastard

        rastard 6:10 am on September 10, 2014 993 days ago

        Err — have you actually seen the Android Wear devices? They *aren’t* an Android phone on the wrist, (they’re actually more like Google Now cards on your wrist), they mainly make other Android devices useful and informative without you having to access them. They will of course do other helpful things for you (things that make sense for a wrist device) like display the time, who’s calling, etc. It will also be a sensor for your other devices.

        Essentially, they’re everything you predicted the Apple Watch would be.

        —-

        “In other words, it won’t be “a tablet on the wrist” or a Dick Tracy watch, as Moto and Samsung seem stuck in thinking.”

        From http://www.cnn.com/2014/09/10/tech/mobile/apple-watch-hands-on/

        —-

        Here’s the most balanced comparison I’ve been able to find:
        http://www.theverge.com/2014/9/9/6126953/apple-watch-smartwatch-comparison-android-wear-pebble

        Essentially, there’s really not all that much difference between the functionality of the Apple Watch and Android wear, with the exception of some of the health specific functionality. Meh.

        “To communicate from your wrist, you dictate messages to the watch or use it as a walkie-talkie to chat with another Apple Watch wearer.”

        Sounds like a Dick Tracy watch to me. :-)

    • Nicu

      Nicu 9:18 am on September 8, 2014 995 days ago

      Don’t know why, I hope it’s not that one
      https://www.youtube.com/watch?v=yjXUR1vLMUY

      • Nicu

        Nicu 6:03 pm on September 9, 2014 994 days ago

        I’m so happy it’s not the above shit!

    • conshmillo

      conshmillo 4:02 pm on September 8, 2014 995 days ago

      Most of the Marc Newson design is crap. When I saw news that he had been hired my disappointment with direction of Apple just increased. I am not talking as an investor but as a customer. After a while even a staunch supporter must realize that today’s Apple is under innovative, less stylish and most of what comes out of them is over hyped.

      • conshmillo

        conshmillo 4:16 pm on September 8, 2014 995 days ago

        If Apple hired Daniel Simon as a designer I would be cheering.
        http://danielsimon.com/

      • JPWatkins

        JPWatkins 10:31 pm on September 8, 2014 995 days ago

        I’m not into Newson . But I’m not really into any so called “rock star” designers. Way too pretentious. When Jony Ive is set loose, he gets way too pretentious too. One needs to keep a tight rein on these folks to get anything near a quality, usable result out of them. Fortunately Apple has been very good at doing just that . . . mostly.
        To me the current MacPro and early iDevices are great examples of the kind of design approach that makes Apple successful and that will continue to yield results.
        Heres to hoping Apple continues to keep the designers from going overboard!

        • Zee

          Zee 6:34 am on September 9, 2014 994 days ago

          Speaking generally. I think designers are a very sensitive bunch. And they’re not exactly that verbal or articulate. Hmm. That said. They’ve often been left unemployable after four or five years of education. And if employed or absorbed by industry and business they’ve often started out at low hourly wages. So re the rock star status or system. I’m not exactly against it because it inspires the young with visible role models and leaves the young that are talented with a bit of a halo when otherwise they’d be an easy group to exploit. I even recently heard an ID student mention that his work was considered at times the property of the school. I said to him no no no on that. As for reining in designers. If it works but you don’t want to create an environment and atmosphere that stifles or inhibits people. The other thing is by cultivating designers you are able to create new industries and businesses because the problem we’re facing is a jobless economic recovery since 2007-2009. As for MN the designer. His focus and chops will come along. He has the ability and energy to go further. On another note. Those guys are buds. You have to expect a mutual appreciation society and support system. Many have modest beginnings and it wasn’t easy to stick with it. And on going over board. I think the most talented people are fairly generous once they know they’ve made it. That said. I think TC has done a good job assembling his teams. You know they spend a hell of a lot of time together being deeply endorsed. It’s not an ordinary 9 to 5er. So let’s see what Apple has to say today. Cheers.

          • Zee

            Zee 6:37 am on September 9, 2014 994 days ago

            Sp error: endorsed=*immersed*

    • Nicu

      Nicu 7:32 am on September 9, 2014 994 days ago

      Little twist: if it is a watch (that is, shows time in a convenient way) with a screen (not mechanical or old style LCD, LOL), there probably is no way to power the screen to be on all day long. And if you have to touch and wait for touch ID to get the time, it’s a big fail. So probably it will smartly detect the wrist movement that we do when we take a look at the watch and powers on the (easily configurable) lock screen.

    • conshmillo

      conshmillo 7:07 pm on September 9, 2014 994 days ago

      Not terribly ugly. Not too slick either. Bit bulky. I am surprised that design doesn’t allow for swappable “skins” so third party manufacturers could create unique and different(!) skins. I am not sure I care for $350 device that doesn’t work without iPhone. Now where is my precision, non smudge stylus so I can actually draw on my iPad. It’s 2014 and we are still drawing with fingers like 4 years olds. You can also use a dullStick with precision point of 7mm.

      • Zee

        Zee 7:26 pm on September 9, 2014 994 days ago

        Both devices should be water proof IMO.

        • JPWatkins

          JPWatkins 7:33 pm on September 9, 2014 994 days ago

          For the watch, not waterproof is a failure IMO. Not sure what the charge situation is, But if it needs to be charged more than once a week I consider that a failure as well. Just wouldn’t fit into my life.
          On the other hand some folks love a watch with a leather band (not water proof) and that needs to be wound every day. More power to them, but not for me.

      • JPWatkins

        JPWatkins 7:27 pm on September 9, 2014 994 days ago

        I think there is little enough interest in using a stylus that apple is leaving it to third parties, as they should. If your doing something that really needs a stylus, then nothing else will do, of course—but few people do things where they need it.

        • conshmillo

          conshmillo 8:00 pm on September 9, 2014 994 days ago

          I am not asking for anything incredible. I just want to draw and write by hand as I would on paper so I don’t have to carry paper notepad along the iPad. Third party developers can do shit since underlying iOS infrastructure for high precision (read writes where you put it down), pressure sensitive non smudge pen is not there. Not to mention that as with Magic Mouse this could be additional income for apple if they did it. I would give them $50 for iPen if it behaved as mentioned above.

      • Zee

        Zee 8:05 pm on September 9, 2014 994 days ago

        Imagine if you could trade w that watch! –•Your wrist feels a little warning vibration. You look at your wrist watch. You see a little chart w a fluctuating price below it on the watch’s face. You hold your breath and tap the watch with your finger to execute the trade. Eight seconds later you tap the face of the watch to execute a sell and breath out. Next you see your profit flash on your watch as you continue cycling your bicycle. LOL. All in a day. And one of many…

        • conshmillo

          conshmillo 8:21 pm on September 9, 2014 994 days ago

          Yeah but what if it shown loss?

          • Zee

            Zee 8:56 pm on September 9, 2014 994 days ago

            Then you don’t tell anyone.

  • 15
    Nicu

    Nicu 9:16 am on September 6, 2014 - 997 days ago

    If someone has followed from a distance Axion’s story, (s)he knows that they need more cash and they are preparing a public offering. Also, the disastrous PIPE offering 15 months ago created not only great dilution (over 100% if one counts the recent conversion of warrants PIPEer had, to a total of about 250M shares now) and very low share price, but a lot of fear about the new offer.

    So, partly motivated by the high levels of blood in the street, I have continued buying lots of smaller blocks of shares lately, around 9c. I now have just over 1.8M shares.

    The new offer is different (yes, I know, the four words that have created the most destruction in history are “this time is different”). It’s like an IPO for a company that went public 10 years too early (R&D stage). In order to have access to a respectable market (hopefully NYSE) and institutional investors, a 50 to 1 reverse split has been decided yesterday, effective on Monday (so it will not be a OTC traded penny stock any longer).

    The deal should be announced not too long afterwards. The issuer is Maxim Group, a privately held institution (the same as last year, but probably not the same department). They will allow retail investors, especially existing shareholders, to participate in the deal that should normally package a share with a 5 year warrant.

    I have created and account with Maxim and moving 1.7M shares with them (keeping just a few for trading if needed). When the deal is announced, I will sell some AAPL options and shares and wire more cash so I could participate. My total investment after this deal could settle in the $350k – $400k range. We will not be out of the woods yet, but I think we will see a small light flickering in the distance. This whole thing is still risky and it’s almost binary result, 100% loss or 1000+% gain in a few short years. For whatever is worth, the few real world infos we have point to a great product for specific applications.

    With this deal, a great weight will be lifted from above investor’s head. Out of $13.5M net proceeds, about $2.5M will be used to expand production capacity, which can only be good news, because the current capacity is definitely underused and without orders that would be a folly to do it. And shareholders could simply demand the heads of the board in cour in that case. Speaking of management, the previous CEO resigned for health reasons two months ago. The new guy seems experienced at a higher level, but no info on his intentions is out because of the quiet period before the public offer.

    If the offer completes normally, there are concrete news (orders or public demonstrations of projects by clients – like ePower showing their truck in less than two weeks) or at least we hear the story behind that capacity expansion and the vision of the new CEO, there may be very large waves for seasoned surfers to enjoy during the fall. Take care out there, even the tops of the waves are shark infested!

     
    • SB

      SB 11:45 pm on September 8, 2014 995 days ago

      Thanks for the update – since you’ve posted your trades, I’ve followed the story with (academic) interest.

    • SB

      SB 11:20 pm on September 24, 2014 979 days ago

      Nicu, what is the timeline on this offering?

      • Nicu

        Nicu 5:48 am on September 25, 2014 978 days ago

        Early next week. The market upgrade should happen simultaneously.

        The pricing will at market close or a bit below (1-2 days before the offer), for one share and one warrant at 120% of the price, valid for 5 years. The warrants will start trading immediately and independently afterwards as AXPWW.

    • Nicu

      Nicu 7:57 pm on October 7, 2014 966 days ago

      The deal has changed slightly yesterday. They will issue less shares and more warrants. That is, they will raise about $6.9M with shares priced at $3.25. For each share you get in the deal, you gat a $3 one year warrant (just like an option that you cannot trade, only execute if you want) and one $3.25 five year warrant that will trade as AXPWW.

      I have sold out enough positions (about one third of my J15 AAPL calls and my AAPL shares – did not find the entry post to report that trade) to ask for 44k shares on top of my 36.8k shares. If I get them, this will propel me immediately above 1% ownership of the company, while controlling more than double that amount of shares via warrants (which will dilute the share count too in their own time).

      The deal should close late this week or early next week.

      • conshmillo

        conshmillo 9:26 pm on October 7, 2014 966 days ago

        I was traveling during the september so I didn’t pay enough attention. Should not you have made a nice chunk already in September. I remember you buying more and more in 0.10-0.20 range and now I see price is around $3.

        • SB

          SB 10:44 pm on October 7, 2014 966 days ago

          Unfortunately that is because of a 50:1 reverse split. Went from 0.09 to 4.50. Now under $3.

        • Nicu

          Nicu 5:31 am on October 8, 2014 965 days ago

          yes, $3 is the equivalent of 6c before the reverse split; as I am looking at a minimum 10x price increase from here, two extra warrants makes it like buying just above 2c, while my average is 14c or 15c

          • Nicu

            Nicu 5:35 am on October 8, 2014 965 days ago

            everybody (on SeekingAlpha at least) is in deep psychosis about the delay of the financing, the price slide (thus they sell and participate to that), and the fear that it’s the same broker (but not the same kind of deal: private last year, public + upgrade to Nasdaq this year) as last year who allowed those vultures (GM with piranha genes) to destroy the share price from 30c to below 10c in one year.

        • SB

          SB 4:31 pm on October 9, 2014 964 days ago

          Fascinating price action today …. 2.65 early, pop to 3.49, down to 3, up to 4.12, now 3.98 ….

          • Nicu

            Nicu 11:46 pm on October 9, 2014 964 days ago

            been teaching and then playing pool; after catching up, it seems there are no news … let the fireworks show begin ;)

      • SB

        SB 10:52 pm on October 7, 2014 966 days ago

        Nicu, does the current price being less than $3.25 affect the offering in any way?

        • Nicu

          Nicu 5:32 am on October 8, 2014 965 days ago

          no, I think the pricing is final and the two warrants act as sweeteners to pay a bit above market

    • SB

      SB 9:42 pm on October 24, 2014 949 days ago

      So .. now listed on the NASDAQ and … a drop from 3.14 to 2.36. Is this reflective of the new offering and the resulting dilution?

      • Nicu

        Nicu 8:01 am on October 25, 2014 948 days ago

        Of course I cannot be sure what is the reason, I can only speculate.

        For each share, we have been granted two warrants at $3.25, one not tradable for 15 months and one tradable as AXPWW for 5 years. There have been more AXPWW traded than shares yesterday. But some may have chosen to sell the stock and keep the warrants, or even sell the stock + AXPWW and recover 100+% of the money paid and keep the 15 months warrants.

        I have made an effort and raised more cash Thursday (I will report this AAPL spread shortly), and have entered the deal for 60k new shares @ $3.25 (+120k warrants) on top of my existing 36.8k shares.

        While I cannot be ecstatic for yesterday, I know it’s just games and the waters will become clear with time. The new CEO for the last 4 months or so didn’t even have a chance to open his mouth publicly yet. I have no intention to buy or sell any AXPW related stuff for quite a while ;)

        If anyone is interested in the play with minimum risk, I recommend the 5 year warrants, they are a bargain at 70c and if the share price stays below $3 for a while, they could become even cheaper.

    • Zee

      Zee 3:51 am on October 25, 2014 948 days ago

      There’s a comment re the article. I think it says it all.
      http://finance.yahoo.com/news/axion-power-international-inc-prices-124500059.html?.tsrc=applewf

  • TRADE

    Nicu 6:55 pm on September 4, 2014 - 999 days ago

    5
    Nicu

    in Sep 26 $107 C @ 50c
    One shot, no averaging.

    Reasons: dip with no real reason (maybe only “sell on the news” way too early); the event seems to be something speacial; until the 26 we will have the sales # for the first weekend – they may be unusually high if the pent up demand is real and the production volumes are as rumored.

     
  • Nicu 10:03 am on August 20, 2014 - 1014 days ago

    3
    Nicu

    New ATH in pre-market!

     
    • henrystar

      Richard 9:10 am on August 25, 2014 1009 days ago

      And again today Aug 25.

      • Zee

        Zee 10:28 am on August 25, 2014 1009 days ago

        Pre-market: [$101.89 +0.57 (0.56%)]: +\-

        • Zee

          Zee 10:50 am on September 2, 2014 1001 days ago

          Pre-market $103.50 +1.00 (0.98%)

  • Nicu 2:25 pm on August 7, 2014 - 1027 days ago

    10
    Nicu

    Arbitrage alert: it seems to me there is a possibility for an arbitrage related to AAPL dividend. I think in theory, strikes of options should go down by the amount of the dividend payed. But of course, it is not the case with AAPL.

    So one can do a synthetic short (sell calls at strike X and buy puts at strike X, as long as the combined price is exactly X – pps) and an actual long shares which has total combined value of X (X – pps for the short + pps for the shares). This value will stay the same till expiration.

    So one collects the dividend and afterwards sells the package back for X.

    I am already on margin because the unexpected bargain price of AXPW, but I’m going to try this experiment with whatever freedom I have left, mostly for validation, not for the meagre cash involved. I’ll report the trades in this thread.

     
    • Nicu

      Nicu 2:41 pm on August 7, 2014 1027 days ago

      Oh, I may have just missed the boat because despite Apple saying that the dividend goes to owners as of August 11, there may be indeed that magic delay of 3 days so maybe that’s why I was seeing the theoretical price of the synth short for real.

      Sorry for the false alert. I’ll try to be sharper in three months and try the thing again.

      • Zee

        Zee 12:53 am on August 8, 2014 1027 days ago

        • conshmillo

          conshmillo 1:40 am on August 8, 2014 1026 days ago

          I don’t know what is that clown talking about. If he sees technical setup, what does does the product news has to do with it? What good news? Nobody knows what they’ll announce in September yet. There is non-Apple specific technical setup for the case of Nasdaq falling below its 50 day MA and dropping substantially same as DJIA dropped after it violated its 50 day MA. It has nothing to do with Apple in particular but with the tech sector as a whole. Also, why don’t these people provide timeframe for their announcements. He expects Apple to fall in next 3 months or next three years? If they say no timeframe they can brag 10 years from now that they were right.

          What I see as a possible trouble is that Nasdaq QQQ ETF today closed @94.22 while it’s 50 day MA is @94.09. So it is sitting right at the edge. I think Russia invading (liberating as they say) Ukraine could create the extra pressure that would push Nasdaq below its 50 day MA triggering protective stops en mass creating avalanche. But it is not all too clear because stochastic on both DJIA (DIA) and Nasdaq (QQQ) is quite spent and low and Nasdaq has an equal chance to bounce off the 50 day MA.

          • Zee

            Zee 2:10 am on August 8, 2014 1026 days ago

          • Zee

            Zee 2:25 am on August 8, 2014 1026 days ago

          • conshmillo

            conshmillo 7:38 pm on August 8, 2014 1026 days ago

            OK, the thought is that there is no Russian invasion for now, since they are pulling the troops off the border. I think Russians could complement their sanctioned economy by putting and pulling the troops off the border while betting on market index ETFs accordingly. :-)

            • conshmillo

              conshmillo 7:40 pm on August 8, 2014 1026 days ago

              Maybe Russian government is loading up on puts as we speak and tomorrow there will be some Russian fighter jets flying over the Ukraine. (just for a day while they load up on calls)

            • Zee

              Zee 8:37 pm on August 8, 2014 1026 days ago

              This is my theory. It’s based on how school class room went on the day our teacher was at home with the flu or hangover and supply teacher stood in. Supply teacher turns their back because they’re writing on the chalk board. What happens? It’s not one kid that throws paper airplane or eraser. Half the class makes noise, throws paper air planes and throws pieces of pencil eraser. And that’s what we have now that’s fucking up the markets and global economy. Obama and the Europeans are trying to get some sleep or do their job and what happens? On the same days you’re seeing Russian Separatists acting up/ Hamas-Muslim Brotherhood blowing stuff up/ Chinese navy bugging Vietnamese fishermen and Japanese Islands/ ISSIS freaking out in Iraq and flowing out of Syria…. Did I forget anyone? And this is supposed to coincide with the next 12 months and the retraction. Hmm

    • Nicu

      Nicu 8:46 am on August 15, 2014 1019 days ago

      I can confirm it was already too late to do the trick I proposed (I have bought a few extra shares that day but received no dividend on them). I’ll try to wake up a bit sooner next quarter!

  • Nicu 11:17 am on August 1, 2014 - 1033 days ago

    9
     
    • Nicu

      Nicu 11:19 am on August 1, 2014 1033 days ago

      No more auto embed?

      It’s so mazing that one may think it’s fake. Somehow I wish it’s not! Don’t ask why :p

      • Zee

        Zee 2:53 pm on August 1, 2014 1033 days ago

        Re Bruce Lee. Anyone read his bio? I’d like to know. How did he deal with structured procrastination?

      • conshmillo

        conshmillo 5:55 pm on August 1, 2014 1033 days ago

        I just posted something few days ago. It auto embedded it. Not sure what is different.

        • conshmillo

          conshmillo 6:11 pm on August 1, 2014 1033 days ago

          I checked and it doesn’t embed “https” starting links right now. Only “http” links.

      • conshmillo

        conshmillo 5:59 pm on August 1, 2014 1033 days ago

        And it is fake. I saw it a while ago and had the same question.
        http://factsfromfiction.blogspot.com/2012/12/the-bruce-lee-ping-pong-video-cool-but.html

    • JPWatkins

      JPWatkins 6:31 pm on August 1, 2014 1033 days ago

      Digitally created, yes. But the man was so amazing that we could all be excused for thinking it might be real!

      • Nicu

        Nicu 7:23 pm on August 1, 2014 1033 days ago

        Of course I thought not only the precision should be fantastic, but one has to anticipate quite a lot because the second stick is not solidly controlled by the hand. Sometimes the brain can go much further than what we think possible but of course, we should not try / wish for impossible things LOL

    • JPWatkins

      JPWatkins 1:19 am on August 2, 2014 1032 days ago

      If anyone wants to be amazed by what it’s possible for humans to do, they should see a hurling match.
      This link is to a full game, over an hour long, but you only have to watch for a few minutes to be amazed at the speed, esoteric skill, and toughness the game requires:
      https://www.youtube.com/watch?v=Rv9FGy9MqOY
      BTW as matches go, this is a great one.

      • Zee

        Zee 8:47 am on August 3, 2014 1031 days ago

        Thanks for that. I thought I’d seen everything. Like the Bruce Lee video, the game you’ve linked could be composited and appear as a sport from another time, it’s sort of futuristic…

  • Nicu 2:40 pm on July 20, 2014 - 1045 days ago

    3
    Nicu

    Out of town! for a few days, spending just a bit short of two weeks in a very remote place in south of France (Curvalle, Tarn), in a 16th century house

    https://www.icloud.com/photostream/#A25qXGF1VcC4g

    Therefore less active, not posting trades real time (I can hardly pass orders on GPRS) and not playing estimates game about Apple’s earnings on tuesday. Now in a relatively large town so I can get up to speed with news and stuff on 4G :)

    Have a nice summer all!

     
  • Nicu 1:25 pm on July 4, 2014 - 1061 days ago

    10
    Nicu

    https://www.youtube.com/watch?v=zPsmYWbY-VA

    Not intended to offense anyone, but I find the guy brilliantly entertaining all while seemingly only stating plain simple facts. Given the audience, there is some kind of tension that made me LOL several times by myself. Simplicity is an art form.

    One nice excerpt at 24:50
    “If you think you understand quantum theory, you do not understand quantum theory”
    Richard Feynman

     
  • TRADE

    Nicu 1:55 pm on June 20, 2014 - 1075 days ago

    9
    Nicu

    in Jun 21 $91.43 P @ 5c (expires today – one shot, no averaging)

     
    • Nicu

      Nicu 8:03 pm on June 20, 2014 1075 days ago

      sold all for 15c – 10 seconds before the close (at the close there were some that went out for 45c but not enough quantity for what I had and definitely much faster than my decision making + text selection + typing + mouse clicks)

      • Nicu

        Nicu 8:04 pm on June 20, 2014 1075 days ago

        139% net profit after fees (much much lower after french tax)

      • Nicu

        Nicu 8:13 pm on June 20, 2014 1075 days ago

        my next project is to use Etrade’s Java API and make myself an interface so I can trade using a steering wheel, pedals and gear change clapets – that’s the only way I can beat the damn robots at speed :D

    • conshmillo

      conshmillo 8:29 pm on June 20, 2014 1075 days ago

      Where those in the money or OTMs when you bought it?

      • Nicu

        Nicu 10:48 pm on June 20, 2014 1075 days ago

        OTM, it went up nicely above $92 after opening today (yesterday I had the order open for 10c and it never got close)

    • Nicu

      Nicu 11:19 pm on June 20, 2014 1075 days ago

      to end this OE saga, there were 12.1M shares traded during the first minute of the session and 21.67M shares traded during the last minute

      also 1.48M at 15:50 when the price crossed the $91.43 strike

      there is no doubt in my mind that the options weighted heavily on the price and if QQQ had’t had any spikes few minutes before close, AAPL would have probably got to $90 today

      in any case, this shows that it can be played, but also that one (at least myself) may exaggerate the amplitude of the influence (in the useful trading interval, not the last few seconds), even when huge amounts of options are in existence; even with the knowledge, you still need a bit of timing skill and LUCK to win at this game from time to time

  • 1
    Nicu

    Nicu 9:13 pm on June 19, 2014 - 1076 days ago

    “Lest you noticed a common denominator to those items and get the crazy idea that Firefly is only for stuff you can buy at Amazon, it also recognizes songs (oh, you can buy those on Amazon too) and TV shows (ditto) as well as phone numbers, printed information, and QR codes.

    Wait.

    How do you think it recognizes those things, including text on images, for which Amazon says it will offer language translation features later this year?

    Well, the Firefly button and the camera button are one and the same. Meaning that whenever you’re using Firefly, you’re using the camera. Plus, of course, you’re turning on audio sensors that capture ambient sound.

    And then you’re transmitting all those pictures and sound files to the grandaddy and global leader in connected cloud technology, the company that pretty much invented what we now call big data analytics for customer insights, and the largest online retailer in the wild wild west.

    Amazon.com, of course.

    (Update: Amazon has clarified that while Firefly does use the camera and microphone, the camera app is separate from Firefly. Your personal photos and videos are not uploaded to the Firefly system; they’re stored separately in your personal storage account in Amazon’s cloud, and not used by Amazon in any way, Amazon says.)”

    SOURCE:
    http://venturebeat.com/2014/06/19/amazon-fire-phone-might-be-the-biggest-privacy-invasion-ever-and-no-ones-noticed/

     
    • JPWatkins

      JPWatkins 6:12 pm on June 20, 2014 1075 days ago

      That’s pretty interesting.
      Perhaps, following the pattern, the headline could be, “All your informations are belong to me.”
      Corporate privacy intrusion bothers me as much as the government’s.

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