Inexperience took the toll, but one question needs answering. When buying back into a stock like this that just jumped, do you wait till it comes down some, sometimes they don't, or should I just buy on Monday at this price since I feel it should remain on a rise? Also , where it the site you got all the info of blocks being bought by JBL????The island site does not list JBL.Thanks again.
If you want my reccomendation I would not buy in now. Buying at the all time high is seldom wise. Try not to get caught up in the hype. Most of my big mistakes in the market were made doing exactly what you asked about. It will most certainly be lower again. Place a buy order at your price and wait it out. Im not a predictor so i will let you choose it. I bought a bunch of JBL this summer at the high of 55 only to see it plummett into the 30s and just now looks good again. Thats my experience. For what its worth. Avoid emotional decisions. ED THE OPTIMIST (PS- if you want to see something amazing, look at the recent monthly chart for DIGL.)
I may have missed some previous posts between you two but I'd rather buy a stock that's setting new highs than one that's setting new lows (the old, trying to catch a falling knife theory). Hoping for a pullback in price can be costly, waiting for it to happen and it doesn't. Good Luck whatever you do. JBL has been a barn burner. Good Luck again.
I think Rosh watched too much 'Dunne TV'. Maybe Dunne will have to buy in next week. I hope he brings his friends along with him. Problem for them is....I'm not selling. Not for 5 years anyway. Just keep adding when no one else seems to want it. Road runner.....you have to decide what your time frame for holding is to be. o/w you will be trading on emotions that certainly will eat into profit potential. Good luck to you. Congrats to all holders. Like ski, I believe....there is much more to come.
was wondering when you might be here. Anand - you're not talking about the Fed's decision are you? I hope it's a positive decision for us. Just keep in mind that now that Microsoft is a monopoly, we may have some negative sentiment on Monday.
and off to the races again! This is the FLEX and SANM buyers looking for another hit and the others who mised it getting on board! Who ever mentioned that the institutions are late to the party is right but they definitely bring the music! Man, feel like telling the boss man to take a hike on Monday. I think it will be in my bare feet propped up on his desk doing the Monday morning status meeting.
I know its tempting to sell, but we could be up another 10 points by the Dec. expirations. Track Flex and then take 4-5 points off and that is the comfort zone for JBL.