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Lions Gate Entertainment Corp. Message Board

  • retiredarmyjoe retiredarmyjoe Mar 30, 2014 2:12 PM Flag

    ? is how much pain can a trader who who know nothings about investing take?

    time will tell

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    • davidrosen999@gmail.com davidrosen999 Mar 30, 2014 2:20 PM Flag

      I think your post is starting to show your frustration with LGF thats certain. As I stated I will be long $24.40 IF this is under $25 on the next options expiration…Im VERY HAPPY I did not follow anyones foolish advice to buy buy buy LGF at $33. Now every shareholder knows that this stock can easily drop $9 in 3 weeks….its proven. To say that shareholders are not concerned is foolish. Yes I know your an owner since $14 or so however even the most die hard share holder who watches the gains evaporate can become hard line sellers at the worst moment…..hope fully you won't end up watching every penny of your paper profits evaporate which is very very real with this stock. Only time will tell.

      • 1 Reply to davidrosen999
      • My frustration is with traders who don't believe stocks can retrace 30-35% after a 200% gain. In the last few years I've seen several of these retracements and I held my core position through each retracement because the fundamentals of the company were getting better. The one thing we agree on only time will tell. Unfortunately, traders usually are impatient (which you have already demonstrated) and don't have the time.

 
LGF
32.97-0.66(-1.96%)May 26 4:02 PMEDT