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Global Ship Lease, Inc. Message Board

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  • perrykaplan perrykaplan Oct 27, 2010 12:24 PM Flag

    Im shorting this at $4.17 today

    I bought a bunch at 1.19 and have been adding 250.00 every tuesday automatically through ING's Sharebuilder (free trading on tuesdays) ever since. I have two kids to put through college. I'm itchy to sell some, any advise? I've only been investing in the market for about 4 years now. Thanks in advance.

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    • Your overall dollar cost average investing strategy is good, and commendable. My only advice is to diversify, as I do not know your weightings, risk tolerance, trading skills, and the like. I don't know how much time you have to 'babysit' the market, and your specific portfolio. Some people have more time, than others, and can take more risk, for the potential of higher gains. Obviously, I cant give you specific buy and sell recs, no one really can, you have to figure it out. However, all good traders know that you have not actually made anything, until you sell. Paper profits are just that. They are sure not like hard cash.

      coursonc

 
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