Its better to be lucky than good.... I am a bottom feeder. I look for beat down stocks in a sector and PILE on them...(after looking at the balance sheet) You win some you lose some. Biggest loss to date was 32k on a stock in 2010. Just saying
Is a very good indicator. Yes, back and forth trading all day. However; higher than average volume basically flat is a great indicator of a new base. Portends good things to come.
Not necessarily so:
Example, shares bought to scalp at 10.26 and 9.97. 8k Shares bought 100% with margin money. (Held way too long 30 days) Core shares intact.
Deciding factors, margin interest offsets part of the years gains (all paper money)
Would rather wait until 2015 to pay the taxes
Belief that stock will forge higher so I will not be missing anything.
There are many reasons to both buy and sell...
This new news has given me my 4th double (at a minimum) on stocks I own this year.... NCT, NRZ, GTAT, HIMX.... Not necessarily doubled in the last 12 months, but since purchasing.
MM scaring those that just bought the run... Little bit of shaking going on now. Learned that the hard way back in 2009. Rookie then, chased GM and got my rear handed ot me.
Hope you didn't short too much this time South. There is room for everyone to make money, just need to be smart about it.
Isn't it fun to watch the action and know what they are thinking.... Agree with all your comjments here. Simply "along for the ride"
Hasch, sidenote. With the NRF news today, officially have my 4th double (minimum) in the last 12 months. NCT, NRF, GTAT, HIMX
Precisely.... looking forward to window dressing time. Options expiration will bring more volitility short run. End of the year is more important...
"Hey, look at the 1 year performance of the stock in my fund...." Never mind the fact they bought in December!
Goog and sound financials. Say what you do, Do what you say. HIMX management practices this with their approach to running the company.
Yes over 14 months it was a huge gain. But it was a severely depressed stock price at that time.
I think Hasch is right regarding the organized short. Problem is, they have BIG opposition to their attempt. This is one time the retailers can profit from wall street's in-fighting