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Global X Social Media Index ETF (SOCL) Message Board

glebeglebeglebeglebe 7 posts  |  Last Activity: Jul 9, 2014 12:35 PM Member since: Jun 29, 2007
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  • Reply to

    EIGHT BUCKS ! ! !

    by glebeglebeglebeglebe Jul 2, 2014 12:29 PM
    glebeglebeglebeglebe@verizon.net glebeglebeglebeglebe Jul 9, 2014 12:35 PM Flag

    Good points, I think you're right. I've been in this one long term, so I guess I shouldn't worry about one-day drops, although I hate seeing 15% drops in one day.

  • Reply to

    EIGHT BUCKS ! ! !

    by glebeglebeglebeglebe Jul 2, 2014 12:29 PM
    glebeglebeglebeglebe@verizon.net glebeglebeglebeglebe Jul 8, 2014 3:32 PM Flag

    #$%$ is going on? We get GOOD news today and we drop like a rock?

  • Reply to

    Holding and about to cry?

    by fishervirginia Jun 28, 2014 10:00 AM
    glebeglebeglebeglebe@verizon.net glebeglebeglebeglebe Jul 2, 2014 12:35 PM Flag

    Okay, roger that. I will take a gander. I've also been having some fun in the last year watching my SKBI shares (which I've held for who knows how many years, ever since it was an OTC stock) go from $1.00 last summer to $8.00 today. Another undervalued Chinese stock that is finally having its day. And I keep picturing in my mind the day that HERB is finally trading at $20, at which time I will say, COME...TO PAPA ! ! !

  • glebeglebeglebeglebe@verizon.net by glebeglebeglebeglebe Jul 2, 2014 12:29 PM Flag

    And we have LIFT OFF, a new 52-week high.

    As they say at NASA -- GO, GO, GO.

    Sentiment: Strong Buy

  • Reply to

    Holding and about to cry?

    by fishervirginia Jun 28, 2014 10:00 AM
    glebeglebeglebeglebe@verizon.net glebeglebeglebeglebe Jul 1, 2014 3:07 PM Flag

    Fisher -- No, I wouldn't laugh. If you've actually made some money from trading this stock, good for you. I used to be much more of a trader and often made good money at it, but then it seemed like the more trading I did, the more I'd end up losing in the long run, so I became more of a patient "buy and hold" guy. In fact, I lost so much during the 2007-2008 decline that I decided on a new strategy, similar to yours with Yasheng, which is this, "I will never sell ANY stock at a loss again." Which means, of course, that I may hold certain stocks (YHGG/HERB?) until I die, but so be it, I'll let my heirs liquidate it after I'm gone and they can enjoy the proceeds, which will be all "profit" for them since they never bought the stock in the first place. So this takes all the pressure off, because I know in advance that from now on I won't sell anything unless I'm in the green. Period. As for good ol' HERB in particular, I was very encouraged by the recent run-up over $2, but not enough to sell any shares yet. What impressed me much more than the SP increase in that run-up was the high volume, because I think it traded over a million shares a day at one point, and that really drove up the SP. Since it happened before and recently, I think it can happen again and quickly, and I may finally take a little off the table when it hits $5-6, which I think is easily do-able, and which would give me a three-to-four bagger.

  • Reply to

    Revenues Break One Billion!

    by youresomoney Apr 17, 2014 3:14 AM
    glebeglebeglebeglebe@verizon.net glebeglebeglebeglebe Apr 17, 2014 12:55 PM Flag

    One more point, which I've probably made before, about YaSheng's "numbers."

    Don't you think that if the financials were simply "made up numbers," that they would be much, much BETTER numbers? I mean, why bother to "make up" financials in the first place, if they show modest, steady growth, year after year? Why not make up mind-bending, "blow out" numbers, showing 100% increases every year, or something like that?

    Aside from everything else, the fact that HERB's yearly financials are not in the "mind-blowing" category supports the conclusion that they are real numbers, not made-up ones.

  • Reply to

    Revenues Break One Billion!

    by youresomoney Apr 17, 2014 3:14 AM
    glebeglebeglebeglebe@verizon.net glebeglebeglebeglebe Apr 17, 2014 10:39 AM Flag

    Why are you saying that HERB's numbers are not "audited?" They have been using a PCAOB-approved auditor for several years now. Do you mean "not audited by a Big Five firm?" If so, then fine but that's very different from saying "not audited," which suggests that the numbers are not audited at all. In fact, tons of big companies, foreign and domestic, don't use the Big Five firms.

SOCL
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