Monday 30 January 2017

Apple earnings .. Turning $2.5 into dust ..

In a different life, I have done my absolutes, shorting this (which was dumb, but, was a re-active condition, after massive poor service).

Apple is due to report earning, tomorrow.



This is an interesting read, about someone, left $2.5m, has lost $2.15m of it, and is now, shorting the stock, hoping to get even.

I would love him to be right :

https://www.reddit.com/r/wallstreetbets/comments/5qhzcy/well_this_is_it_going_allin_my_last_stand_my/

Tuesday 17 January 2017

Basin Reserve (Wellington) - off my Xmas card list

When someone asks me, which is my favourite cricket ground/racecourse, I normally answer, based on past betting highlights. Oddly, both Taunton cricket ground and racecourse, have been good to me .. I dislike v few (obviously, Edgbaston is right up there), but, starting to get some traction, is the Basin Reserve, in Wellington.

I have some history, with this ground. 4 yrs ago, (it seems like a lifetime), I was watching S.Africa play N.Zealand at this ground, and, pretty much as usual, it was raining. It was the 4th day, of a 5 day test. I was happy to see it rain, I had backed the draw v heavily, and it was all good. It was banging down, an hr before the game was due to start - which was impossible, given the rain/state of the ground, but, I had a ticket etc, and .. with a good book, was happy to sit in the stand, and watch the ducks play.

It took some time to get into my alloted seat .. the section i was in, had been padlocked, and .. no-one had the key, as they didnt expect customers etc .. but, I finally got in. As it happened, my seat was quite close to the umpires locker room, and they saw me reading my book, as they ventured out, to look at the pitch. After 2-3 inspections, an umpire maybe thought I had better things to do, and said, I could probably go home in an hr, as they were likely to call the game off, for the day. This was cool .. I backed the draw some more ..

As the umpire disappeared into the changing room, the rain stopped, the sun came out, and literally, they were playing, 45 mins later. Luckily, I was able to salvage my book, but, Wellington, got a black mark.

Fast forward 4 yrs.

The N.Zealand / Bangladesh test, looks a certain draw, especially, as its raining v heavily on day 4.

Players havent left the hotels - radio stations, asking local residents, to a man, say, no play before lunch .. and once again, I back the draw.

Once again, the sun comes out, the rain misses the ground, and players were 5 mins late, starting - with little warm-ups, they were so-caught out.

This time, I couldnt recover my book, and lost, pretty heavily.

Not a great start to the year -- I did little wrong, but, paid the price, of listening to 'Joe Public'.