Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.
Pretty damn solid overall, FB up a lot more now too
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.
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.
up almost $2.5K since I bought OZM on Monday
unrealized, of course, but since it pays a 13.59% dividend, I'm going to hold on for the ride.
Possibly relevant to the Facebook valuation discussion and, at any rate, a good and balanced article.
Thoughts on GWPH? Might be worth the ride
Amazon is taking a flogging.
Big time. And the quarter was ok.
UA being added to the S & P.
IMO same reason as facebook's retreat, pricing greatly exceeds reasonable valuation.
As is FB, -4.5%
The gov seriously needs to stop suing BAC.
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!
I seem to prefer falling knives.
+1 wtf i've had bac for a bit and it went over 17 which was nice and then shit hits the fan
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.
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