A thousand?? Wow.
For now I have both but agree the future for GOOG is pretty impressive.
Long term holder in both.
I PANICKED that's what.
Long story short I went through all the procedures recommended on GOOG to save the phone.
I wasn't about to take it apart or wait days in sitting in rice. I'm inpatient.
Took a vacume cleaner to it for 30 minutes, one recommendation on a GOOG site.
My phone came alive, not great, but alive and I immediately backed it up. Now the phone works great, charges fully but only shows 3% charge.
It took about 5 days of usage before the screen to be perfectly clear.
It sure seems so after seeing all their outside reporters chastising APPLE every time they get a chance.
In many cases it's just that, a rumor.
The old saying goes, invest on the rumor and sell on the news.
But it doesn't always work that way.
You either believe in the stock or you don't.
That's the bottom line.
Remember one thing, your the last to know if a stock has legs.
When the big boys decide to sell you will also be the last to know as well.
I'e been saying this for over 8 months. Now the brightest investors are saying to keep cash on hand. Like always they are late to the game.
As far as RAD is concerned, it's a great hold for the future.
Should you invest more? That's the big question. Only if you keep 25% cash on the sidelines.
So the bottom line is to take some money off the table if you want more RAD. If not, stay with your holdings in RAD or any other stocks you own with 25% cash.
RAD will do well. But it's a long term hold and not for the those who cannot afford to see a risk to there portfolio.
It's like LXRX I recommended months ago. It will make your head spin trying to understand their future.
Never ever invest money in these stocks you cannot afford to lose period.
Good night and god bless.
Sorry for me not mentioning RAD.
I guess I'm wrong to think everyone on this board doesn't know how strong I'am on RAD. I've owned it for years. My bad.
I guess your right that I just don't think about the readers on this board. I'm big on RAD and continue to be so.
Lets just call it a senior moment and let it go at that.
As far as my messages go, I don't usually post as much as I have the past few days.
I just felt that there were some important information to pass along.
This will be the last response for a while.
God bless. Have a great weekend
Thanks for the thumbs down.
Did you notice what the market did in the last 20 minutes? I guess you missed it. It followed Europe to the tee.
It only has a six in ten chance. I got lucky. I moved in on some of the stocks I follow and it worked to my advantage.
Let me tell you a little story. I started investing when I was 22 years old.
I relied on my financial advisor at MLPFS.
Every stock they advised me to buy lost money in a short period of time.
So after a year of this I came to the conclusion that they had already had their best investors already in the stock long before I was dragged in to buy.
I became a johnny come lately. In my opinion I was buying while the big boys were selling. They were trying to unload the stock, they told me to buy, so the big holders had others to unload upon. IMHO
After that I did my own DD on purchasing stock and never again used a financial advisor. It was a lot of trial and error. Lost some gained some.
I learned to be quick on selling stock that was under investigation by whomever. Be it the sec or lawyers calling foul and calling for a class action.
After the 1987 crash I learned to never hold too much of your companies stock. Diversify.
That lesson alone saved me most of my portfolio when the financials crashed and before that the nasdaq crash.
This is only my story. Not that you should sell your own company stock. Just my experience and how I was very lucky to be diversified.
I do not hold more than 8% of any particular stock in my portfolio. No matter how great it is.
If it goes over 8% i'll sell the profits. If I believe in it and it goes below 8% I'll buy more after a period of time.
The bottom line is I wan't to survive to play another day.
Now you can go hit the thumbs down.
Good luck to all. Have a good weekend!
Just interesting that's all.
Also I have never recommend a stock. But for the first time, a month or so ago I did to my investment club.
I do not recommend buying it now.
I'm curious if anyone took my suggestion to buy LXRX.
Like RAD a few years ago I saw a diamond in the rough with LXRX.
Right now I'm holding and not expecting to buy more shares yet.
P.S. Looking forward to seeing more thumbs down.
Tonight I will sleep well knowing I have 25% cash. Just waiting for my next purchases like I did last week in oil stocks.
Sleep tight, to my thumbs down guys.
For everyone else I hope your stocks are great and keep some cash on the side.
Remember I'm too old to not keep the 25%.
For some of you young folks that may be not be your style. And that's ok.
Just remember, in this casino it's what someone is willing to pay, not what you think it's worth.
dunky, you can look at my messages regarding margin calls affecting the market downturn. The talking heads didn't mention it until 2 days after I did.
Also, no one can time the market, myself included. It can be suicide for retail investors like ourselves to try to time markets. I held my stocks this week during the carnage. I also added to some of my holdings that got thrown out with the bath water with my extra cash.
I've also mentioned in the past to never buy on margin. I've also mentioned that putting your shares on stop loss orders are also a problem. My lessons were learned with both of these procedures many years ago. I lost 6K due to a stop loss I had many years ago and by the afternoon the stock was higher.
So if i'm afraid of a stock going lower I sell half or get out altogether.
This past week, in an investors club, many members were stopped out on some good shares and one was on margin, very sad.
As far as holding cash, cash is king in an uncertain market like we are in these past few months.
I wish you the best in your portfolio.
I'll wait now for all the thumbs down.
I don't need to lay low. I'm not sure what you or others are commenting about. Been in the market for over 40 years.
My only object of my posts have been to protect those on the RAD board from making bad decisions on other stocks.
My problem is I have a helping personality.
Yes I may ramble on but in the end I want to be sure investors know what can and cannot happen in a market like this.
We could be up to 18,000 by the end of the year, woopee.
Or as others have said down to 10,000.
Who is right? God only knows.
But for me and my believers I think you need to be vigilant.
Today's market was driven by oil.
Some experts are predicting in the 20's for oil. Forget about China.
If that happens we could be in a free fall.
I leave it up to you on your thoughts on where this market is heading and why.
I've explained myself now it's your turn.
P.S. I made the right call on margins and how it affected the downturn.
How did I make this call while the talking heads never mentioned it?
Lets just call it 40 years of experience.
Let the board know how long you have been in the market.
I'm talking about the market as a whole.
Since I believed in the market plunge over the last few days was partially due to margin calls, which by the way has been mentioned days after I said so, and now the market is stabilizing, w here it goes from here is anyones guess.
I have used my 25% cash to buy some great stocks in the last few days. But I'm back to 25% as I speak by selling some shares that have not performed as I expected.
Many people on this board misinterpret my 25% cash holdings.
It's for many reasons. Health needs, house needs, a wedding, an unplanned birth, school expenses, car expenses etc.
For me, I have emergency funds outside my investment accounts. If you do as well, as I have done in the past 7 days that 25% bought some super cheap stocks that have been beaten down.
But as I said above i"m back at 25%.
From an investment standpoint and being skeptical due to the markets recent trends I want to be ready to pounce on another down turn when and if it happens.
I already know what stocks I will add to. Just waiting it out.
Don't get me wrong, I will give it time if it happens. If I miss a few points to the upside, it doesn't matter.
I try to never catch a falling knife or a dead cat bounce.
Keep the faith and stay in RAD.
The rich are getting richer due to their constant work ethics since they were young.
I came from a poor family. I started shinning shoes at local bars at 8 years old since I already took the pennies from my mom's loafers.
I hung around with friends who were better off than me. I was influenced by them to get myself out of poverty. And I did big time.
I'm so sick of people saying the rich get richer. There's a darn good reason for it.
P.S. I've been in LXRX for many years And I hope in the future I become richer.
And I won't feel bad for those who have no drive or ambition to get out of poverty, since I was there.