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Old 12th-November-2004, 01:40 PM   #1
markrmau
 
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Post QBE - QBE Insurance Group

Do your own research, but qbe may be in for a run next week.

However yesterday/today someone is unloading a lot of stock. It may finish in low 60's today. I'm in for $34k.
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Old 12th-November-2004, 03:33 PM   #2
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Default Re: qbe ready for a run next week?

That'd be nice.
Had it since $7.85 myself.
Nothing indicates a move either way to me currently.
Crystals in my ball must be flat.
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Old 12th-November-2004, 04:37 PM   #3
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Default Re: qbe ready for a run next week?

Assuming yahoo's feed was ok (not always), about 250k shares uptick on close.

http://au.finance.yahoo.com/q?s=QBE....&l=off&z=m&q=b
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Old 12th-November-2004, 04:39 PM   #4
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Default Re: qbe ready for a run next week?

"Had it since $7.85 myself." - tech

Wow. Thats a $5.88 earnings per share. I'm guessing u bought in some time in 2002. Nice pocketing
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Old 12th-November-2004, 04:49 PM   #5
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Default Re: qbe ready for a run next week?

Hi Markmau,

im not quite sure yet if QBE is set for a run quite yet... still a little to early for me to enter... but i was going to short this stock the other day (yet... another opportunity came up...) though if i was shorting this stock, i would have exited out today...

though still a little to early for me to enter, but QBE is a stock on my radar for shorting, though, if there is good news coming out and the technical changes.. i might join you and go long on the stock...

... though still to early for me to enter...

Cheers,
sis
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Old 12th-November-2004, 05:51 PM   #6
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Default Re: qbe ready for a run next week?

Lucstar

You can see how the Techtrader portfolio is running on a weekly basis here if interested.
Been trading this for the last 2 and a bit yrs,click on link at top of thread to go back to past weeks/months results.
http://www.reefcap.com/ubb/Forum8/HTML/000390.html

Got a few like that actually sold CTX today after many months.

tech
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Old 12th-November-2004, 08:21 PM   #7
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Default Re: qbe ready for a run next week?

Thanks for the link tech.

"but i was going to short this stock" SIS

What's the meaning of Short Stocking ?? It sounds interesting.
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Old 13th-November-2004, 08:09 AM   #8
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Default Re: qbe ready for a run next week?

Shorting is simply selling the stock at a price and hopefully buying it back at a lower price.
Normally this is done buyborrowing someone elses stock and selling it.
If this goes well you buy it back at a lower price and you pocket the difference,after returning the stock to its owner.
If the stock continues to rise you have to pay the owner the profit he looses and if the stock being borrowed goes EX dividend you also have to pay the owner the dividend,plus the broker his fees.

Tricom can arrange shorts on a good range of stocks.

tech
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Old 14th-November-2004, 04:25 PM   #9
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Default Re: qbe ready for a run next week?

Hi Lucstar,

Short Stocking - exactly like, how Tech/a describle...
its just another from of trading from the usual of:

Buy Low - Sell High instead its Sell High - Buy Low (going short on the market, is much faster too, than the buy and hold, and sell when high...

Cheers,
sis

... though, some people who i talk to, have a story or 2 to tell, and the usual story is, everything i touch goes down... anyway... lol, my joke is, if everything you touch that goes down, short the stock instead...
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Old 14th-November-2004, 08:16 PM   #10
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Default Re: qbe ready for a run next week?

Quote:
Originally Posted by still_in_school
if everything you touch that goes down, short the stock instead...
Or buy the Put

Cheers,

J.
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Old 14th-November-2004, 11:25 PM   #11
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Default Re: qbe ready for a run next week?

Hi PositiveCashFlow,

lol... honestly i was gonna buy puts on QBE, though there isnt enough open interest in the stock... only other option unfortunatly is was short selling... the only problem, with short selling is the potential unlimited loss there is viable...

oh well...

Cheers,
sis
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Old 15th-November-2004, 07:11 AM   #12
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Default Re: qbe ready for a run next week?

Quote:
Originally Posted by still_in_school
Hi PositiveCashFlow,

the only problem, with short selling is the potential unlimited loss there is viable...

oh well...

Cheers,
sis
Ke!
How so SIS.
Going long you can have your stock delisted,so to with a short.
You getting confused with options?

tech
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Old 15th-November-2004, 08:24 AM   #13
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Default Re: qbe ready for a run next week?

Quote:
Ke!
How so SIS.
Going long you can have your stock delisted,so to with a short.
You getting confused with options?
I assume he was referring to the fact that shorting a stock has unlimited risk because the stock can (in theory) run to the moon while you're short.

If you're long, then the stock can only go to 0. The risk as such is not "unlimited". So if I buy 100 shares long of a $10 stock and it happens to be delisted, then the loss is 100x10 = $1000. If I short the stock at $10 and it happens to run to $55, then my loss is 100x45 with an unlimited potential to increase further. (Yes, it may never reach the moon, but in theory it just might )

Happy trading

Stefan
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Old 15th-November-2004, 09:06 AM   #14
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Default Re: qbe ready for a run next week?

Oh IC.

Anyone that held a position that continued to move against them infinitum deserves to be whiped out!

Theoretically correct,in practice stupidity!

Still chances are anyone that thick could average up to average down!!

The mind boggles.

tech

Last edited by tech/a : 15th-November-2004 at 09:08 AM. Reason: Spelling
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Old 15th-November-2004, 09:33 AM   #15
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Default Re: qbe ready for a run next week?

Quote:
Theoretically correct,in practice stupidity!
Then again you should never underestimate the endless power of stupidity. How else can you explain people sending thousands of dollars to complete strangers just because they received an email asking them to do so? The human brain is capable of things beyond believe if you manage to link greed and stupidity. The possibilities of such a powerful combination are endless.

Excuse my excursion into the deep, dark places of the human brain. I shall now return to more serious trading for the rest of the week.

Happy trading

Stefan
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Old 3rd-December-2004, 04:12 PM   #16
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Default What spooked QBE holders?

I'm not currently holding qbe, but does anyone know what spooked holders at end of day? 1 person offloading about $2M.
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Old 3rd-December-2004, 11:35 PM   #17
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Default Re: What spooked qbe holders?

Perhaps qbe was the insurer of santos?

http://www.smh.com.au/news/Breaking-...923312824.html
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Old 7th-November-2006, 09:57 AM   #18
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Default Re: QBE - QBE Insurance Group

My 20-minute-delayed opening match prices currently show QBE about to open up more than 8%. Can't see any announcements, but this is unusual for this stock.

Will see what it really opens at in another 10 minutes or so.

Edit: down to 6.7% now, but still 20 minutes behind.

Edit again: Back to less than 1%, so pretty ordinary after all.

Cheers,
GP

Last edited by GreatPig : 7th-November-2006 at 10:13 AM.
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Old 13th-November-2006, 03:51 PM   #19
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Default Re: QBE - QBE Insurance Group

Hi all, Is there a specific reason QBE is climbing so fast ? ... extremely curious !

.... I'm certainly not complaining

Thanks, JAK
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Old 14th-December-2006, 10:32 AM   #20
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Default Re: QBE - QBE Insurance Group

Up 10%!

Not many blue chips do that in a few minutes.

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