I've made a few grand on the past couple of pops and I was up $1500 a few days ago on 1000 shares but I thought it would run to $14 again as others reported good earnings so I doubled down. It opened up, was up $900 or so and now I'm down $1200. That wouldn't be really that bad but the chart started to look weak
I was just watching Cramer's game plan for next week. He said to buy K or CHK on wed. before
the earnings Thurs. nov 1. I usually never buy before earnings though. He also said buy
CLX on the sell off after earnings, that's pretty safe.
I've been watching AWR and other water utilities and i like the way they trade, AWR moves
enough so if you had 650 shares you could make about $300 a few times a week and
not worry like in BAS. The utilities don't usually drop more than 5% and never in one day.
LO , lorollard is also down alot so i bought after the drop this past week and made money,
XLU is safe but you need more money to trade it.
I just hope the market's up Monday so i can at least get out even on BAS.
Those are a bit too safe for me. K I wouldn't touch. CHK had a bit too much controversy and doesn't move much. AWR seems to move in a $1 range for the past few months and is currently near the top. Technically you could short it but I just don't like shorting. For some reason I'm always afraid to do it and have to watch it all the time. I sometimes buy puts but think market has another 300 to the upside. CLX maybe a play but requires a high investment to really make any money. Made nearly $100k in ANR options and stock over the past month or so but currently is in the middle of the range of where I think it should be so I'll wait to buy in. Hopefully it drops before fri when they report. Hoping I'm right about the market moving up. I have some losers that I would like to dump and I like to take a breather for a while wait for some more opportunities. Can't really find any screaming buys anymore. I have res, crr, gti, mcp, gmcr, bas, grpn and bought in on Fri into TPX, CSTR and WPRT. As you can see, I'm not playing it very safe