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Lions Gate Entertainment Corp. Message Board

  • genetz2003 genetz2003 May 29, 2014 6:39 PM Flag

    I Should Have Sold Everything

    On March 3, I bought 235 shares at $29.80, then thinking Divergent would be a hit, on 3/21 I bought another 245 shares at $28.60 and two days later another 255 shares at $27.50.

    Realizing my mistake, on 4/26 I unloaded my 255 shares and another 245 a few days ago. Since I made a few bucks, I was happy not to lose any money.

    When this POS began rising the past few days I decided to roll the dice on the last 235 shares, thinking LGF would pop to $31 by Monday if the quarterly report was good.

    Based upon experience I should have unloaded a the COB today, before this POS plunged 6%.

    IMO, LGF will see $24 before it sees $31, so, I will take the loss tomorrow and get the hell out.

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