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Electronic Arts Inc. (ERTS) Message Board

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  • geegenjar geegenjar Jun 22, 2005 12:31 PM Flag

    EA miss

    Holding your position, short or long, is, contrary to popular belief, never good.

    It is actually very bad, unles you're convinced that the price will move in your favor.

    If you don't have any conviction about the next move in the price, you should close your position and wait for the next signal/catalyst which will change the price.

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    • i understand your saying holding is bad, but I don't necessaritly agree....i've been trading this one for 15 years, i've seen the ups and the downs...I currently trade it, some days I'm in, others I'm out..(if you follow any of my posts, you would know that), but that said, this stock can be up/down on any given day somewhere to the tunes of +/- $1.50 - $2.00.....there is alot of money to be made....some people don't have the time or inclination to do what I do and so, if they believe in the fundamentals of a company and do their homework(just take a look at their balance sheet), they are sometimes better off holding....

      and that is my far as missing the quarter, I don't think so, but I could be it intuition....

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