Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. stevent

    stevent Senior member

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    Pretty damn solid overall, FB up a lot more now too :slayer:
     


  2. idfnl

    idfnl Senior member

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    AAPL, those short covers must have been screaming for mercy. Nice pop.

    FB, I sold my quick trade for a small gain. In at 62, out at 63.53, considering its below that as I write this, I am happy with my trade. I was concerned it would pop and then AAPL would shit the bed, so I wanted to make sure my trade didn't get caught up in it. I could have sold over 64 early this morning but I'm happy.

    Man, I took a bath on a few trades though. MDSO got creamed, but I bought the weakness, I'm feeling pretty exposed here right now. UA, I bought and then earnings send it down 10%, so I tripled down. Its off that low and my net-net on the whole trade is now green. XLNX also disappointed.

    CAT had solid numbers. I bought it at 87 a couple of months ago. GM had a good number, I think I can eek out an 8-10% profit if I hold it for a few weeks.

    Otherwise, the market is pretty shitty today.
     
    Last edited: Apr 24, 2014


  3. idfnl

    idfnl Senior member

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    I don't really understand this statement. I have some positions that my window may be 1-2 years such as WY or AIG, but I would never umbrella my entire portfolio under this timeline, especially considering your age.

    There are parts of your portfolio that you just want in stable, slow moving dividend income plays that you may sit on for 10 or more year, or positions that you want to ride for a few months leading up to a product release or FDA approval, whatever.

    When I buy a position, I definitely set an expectation but I change it if needed. For example, TSLA was a 30 day window, but I've shifted my trajectory on it because of events. My window may now be 5 years. In essence, you need to stay malleable, if you trade everything with the same idea, your portfolio is either loaded with one type of risk profile or you're missing moments to buy and sell.

    I'd reconsider your thinking.
     


  4. amerikajinda

    amerikajinda Senior member

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    up almost $2.5K since I bought OZM on Monday

    [​IMG]


    unrealized, of course, but since it pays a 13.59% dividend, I'm going to hold on for the ride.
     
    Last edited: Apr 24, 2014


  5. Cantabrigian

    Cantabrigian Senior member

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  6. stevent

    stevent Senior member

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    Thoughts on GWPH? Might be worth the ride
     


  7. SkinnyGoomba

    SkinnyGoomba Senior member

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  8. idfnl

    idfnl Senior member

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    Big time. And the quarter was ok.

    UA being added to the S & P.
     
    Last edited: Apr 25, 2014


  9. SkinnyGoomba

    SkinnyGoomba Senior member

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    IMO same reason as facebook's retreat, pricing greatly exceeds reasonable valuation.
     


  10. sonick

    sonick Senior member

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    As is FB, -4.5% :fu:
     


  11. SkinnyGoomba

    SkinnyGoomba Senior member

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    The gov seriously needs to stop suing BAC.
     


  12. vezatron

    vezatron Senior member

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    Tempting huh? It just put in a lower low and a lower high (apparently) so DANGER. If it breaks the 50d SMA then support at 55 but don't go catching falling knives!
     


  13. SkinnyGoomba

    SkinnyGoomba Senior member

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  14. sinnedk

    sinnedk Senior member

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    +1 wtf i've had bac for a bit and it went over 17 which was nice and then shit hits the fan
     


  15. SkinnyGoomba

    SkinnyGoomba Senior member

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    They're needlessly punishing the shareholders for the legacy of companies that they were forced to purchase. It's beyond ridiculous now, nearly six years later, that they're still pursuing new lawsuits in regard to this old business.

    I've owned the stock for over 3 years, with no regrets, but I would like to see the company finally make a full recovery.
     
    Last edited: Apr 26, 2014


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