This is why I sold approx. 25% of my small position in BTU (but it is still too large) around $17.60. You just knew BTU had run up too far too fast....especially for BTU. I'll be holding even less at $18 - if it ever gets back there. Fortunately I have a bit of ARLP to more than compensate for BTU's more than mediocrity. ....Yeah, and outfits like GS almost force the little guy to play their 'dirty game'.
Next time it gets up around $10 I sell 75% and treat this as a 'hope and a prayer' stock. Live and learn. Fortunately I hold more stocks than most mutual funds, a dab in this and a dab in that.
Uh, oh ! VTR's whole future business prospects have suddenly taken almost a 1.5% turn for the worse this morning ! ........Or is that just the generally 'schizoid personality' of this stock ?
I knew Louis Navellier (Blue Chip Growth) was wrong to reco. JAZZ at $170. That's where I took some profits. JAZZ could fall back to $50 and I'd still be up over all due to all the profits I've taken. I start getting nervous about 'girlfriends' like JAZZ.....when they get their heads in the clouds.
One thing's for sure. Someone knows SBUX is not firing on all cylinders. I know I'm not paying $2.00 for a cup of coffee -- or is that just a 'naive price' I quote here. I haven't been in one in 20 years and that wasn't to purchase.
VMI ! Proving once again that high ranking by Investor's Business Daily doesn't mean much - at least not in the short term......which is turning out to be the intermediate term......and longer.
I sure am glad I 'resisted' taking Louis Navellier's reco. on this one. One look at the P/E should scare the rational investor off. The Motley Fool recommended it at about this level 5 -6 months ago but at least they said the stock might fall off some huge percentage in the near term. No way I put any money on any 800 P.E. stuff. Can't wait to see what Navellier says after hours this afternoon.....Looks like he should have held on to REGN instead.
When are auto companies going to get a handle on these recurring screw -ups and recalls ? It really is contemptible ! Toyota, of course, is easily the most blatant case of late. Glad I'm not a shareholder.
Is there a 'jumpier' stock in the universe than WTI ? Yeah, probably but not many. It's why I added around $13.70. You knew it would bounce back to $15 in a week or two...or even less. I mean, who would sell WTI below $14 unless he had a margin call ?
Exactly ! And I will try to 'rub it in his face' over at BlueChipGrowth. He says his aim is to pick only companies that are growing so fast they can't miss and this happens with VFC ? I suppose he'll be dropping this one or placing it on hold pending cutting it loose in a month or two, like he does so many picks. Meanwhile, have you checked out REGN lately ?....Nevertheless, I have little doubt VFC will eventually come back but for a guy to claim he's weeding out everything which isn't almost a sure thing operating on all cylinders, and then for a miss and dim outlook like VFC's to occur doesn't look good......and isn't going to win him any subscribers. I never throw a lot of money into a Blue Chip Growth reco. You have to gradually accumulate, if at all.
It's hard to figure why Louis Navellier at Blue Chip Growth got out below $60 ($120 before the split) just because DVA slowed down for a bit. He makes too much of this 'buying pressure', 'institutional buying' stuff.
Subscribers to Louis Navellier's BlueChipGrowth must be scratching their heads the last few days over his decision to 'cut and run' from REGN between $280 - $290 a few months back. Sure he made money for them with REGN but he might have made a lot more for them by hanging on a bit longer. (Of course there were subscribers who didn't follow the advice) ....... Waning 'buying pressure' ? Yeah, right !
Louis Navellier at BlueChipGrowth is gonna be real envious over how REGN has gone up since he recommended selling back around $285......Failing 'buying pressure' ? Yeah, right !.......Sometimes it just pays to 'buy and hold'.......at least for a couple of months.