You know Chris, while I'm still holding a long position from a long time ago, all in is a scary term to use. What would happen to MU pps if a Hynix-like event happened? Yep, I believe that this co. will earn between 2 and 4 bucks in 2014 and as such is undervalued.......but things (geopolitical as well) can really mess with that plan.
I appreciate your guys in put
i was deciding to go with options and shares but options are way more volatile maybe sticking more with shares than options will be less of a risk. Then incase something geopolitical or hynix fire event occurs it wont be to disastrous for me
I must concur with Highlow on this one- It seems the market knows when you do that and it usually gets the belt out and whips you with it- -short term anyway that is-- been there/ done that- steep learning curve
That's greed talking. Basic rule in this game (for me)? Never go all in (with your capital) on any one position. Not even if God himself/herself/itself came down and whispered "Have I got something for YOU!" in your ear. That's usually when the market hands you yer head. Or hangs you by the very rope you bought yerself.
Hilo. Old adage. Great fortunes are made by concentration. Great fortunes are protected by diversification. Unfortunately it is hard to get the great fortune quickly if you do it through diversification. Buffett did it by living a long time. Gates did it in 25 years, but made $10B last year mostly not via MSFT, rather his diversified portfolio.
HiLo, do you play options or just the stock? Now that the ER date is the 10th, do you have any strategy for how you intend to play earnings?