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Calpine Corp. Message Board

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  • rayk1800 rayk1800 Dec 7, 2004 10:20 PM Flag

    CPN not contributing to sea of red!


    Sold my SIRI @ 8.69. Bought it @ 3.08. Didn't have a sell or short signal on my systems yet, but my calculated stop loss was lagging far behind the price. Decided to take the 5.50 and be very happy.

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    • "Decided to take the 5.50 and be very happy."

      Nothing wrong with taking a nice profit. I have considered it several times with SIRI, but the Zombie fund wasn't started to just beat the S&P - we are out to totally trash it. It was only 1/15 of the porfolio capital when it was $4.17, but if it keeps going up we may have to take some profits there. If it bangs the parabolic we will be out of it for a time.

      I suppose we could go all cash tomorrow and just sit out the year and beat the S&P for the year, but what the hell.

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