Recent

% | $
Quotes you view appear here for quick access.

Ship Finance International Limited Message Board

  • rbgambler99 rbgambler99 Apr 30, 2013 1:17 PM Flag

    Sold KKN and IEP today.....

    Made nice profits in both, plus divys...will buy back at lower prices....sell in May, and go away.....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Also sold most of my BWP and ETP....again, I like to take profits....like Gen'l Patton, I don't like to pay for the same ground twice....buy low, sell higher, will always make you money....market is over bought, and it is due for a correction.....some TVIX and inverse ETF's like SDS may be a good idea as well.

      Bought more LRE on the dip....nice divy, just increased.

    • Gambler

      Do not go away in May --does not work in this market .... I to sold IEP and KKR
      I then re-bought KKR good company
      Sarge

      • 2 Replies to madmax_194752
      • rbgambler...I am pretty much done buying and selling at this time because I don't trade much and I am now reinvested and out of free cash...I am taking 'a haircut today' as the only holding that I have that is doing good today is ALDW....

        I expected a market pull-back yesterday and I am not surprise that we got it today...my current opinion is, that this market 'still has strong legs' and we will have a very good year over-all...however, Europe is still 'a major mess' (with it high unemployment and bad debt) and I hope our markets do not get caught in its downward suction...

        I am also surprised that AI (yield about 13.1%) got a downgrade...how can a company with such 'strong color' get a downgrade...??? more (breaking news), oil inventories are now up 6.7 million barrels and gasoline inventories are down about 1.8 million barrels (this is probably good news for the refineries and bad news for oil companies)...! $tagg...!

      • Sarge, is it really different this time? We are starting to see some earnings misses in some big companies and still continuing weak employment news. The correction calls have been premature so many times that people are starting to believe that one will never come, and then just when you think it really might be different this time, it turns out not to be.

 
SFL
15.17-0.03(-0.20%)Apr 29 4:02 PMEDT