This seems to drop more than AWK. I thought water utilities would be safe to trade. Do you think it's
done going down for now.
If one would hold just for dividend AMLP or PSEC is much higher.
I just bought today for the first time since I heard it on Fast money last night. I thought it was very volatile
but I took a shot today and waiting for 155 today. almost made it.
Glad I didn't wait for 155. Sold for a good profit. Also made money in BMY. 1K between
the two. is great for me. Unfortunately I don't make that too often.
I hope today is the low. Were the earnings that bad?
I just bought today for the first time. Thought it would recover by the end of the day, but got worse!!
It didn't help that all the utilities were down.
Today is the ex-div date.
The Alerian MLP ETF (Master Limited Partnership Exchange-Traded Fund) declared its second quarter 2014 distribution of $0.2790 on Monday, May 5th. The dividend is payable on May 13, 2014 to shareholders of record on May 8, 2014.
AMLP Cash Distribution:
• Ex-Date: Tuesday, May 6th
• Record Date: Thursday, May 8th
• Payable Date: Tuesday, May 13th
What the hell? I was thinking about buying this yesterday before the earnings. Everyone was saying
how safe it was and they could sleep at night being in this!!!
I bought ARCC instead yesterday, but that's not doing so well either. I guess no stock is safe!!!!
Probably better trading the SPY. At least you don't get slaughtered in half an hour.
I got tired of picking individual stocks long and losing money. I bought the RWM yesterday at 17.24 for
the first time. I got lucky. RWM has less margin requirement than shorting IWM,. I was trying to decide
between SH and PSQ. If the market drops I guess RWM will do the best, besides the 2X things., but
those are too volatile.
You just bought WEC and it was downgraded!! I know how you feel. I got tired of picking
individual stocks and losing money. I like to trade so I decided to just trade etfs, like SPY,
SH , PSQ, IWM, or RWM. I bought RWM yesterday at 17.24 and so far I'm lucky.We'll see
how it goes. But I'm done with single stocks I think AMLP is good to hold.
I know how you feel. I was trading individual stocks and getting killed. I just started trading SH, RWM
and PSQ. SH is the least volatile. I keep hearing about sell in may and 10% correction. If you
have a lot of money you can trade JNK, it barely moves.
I made money in RWM today and then bought PSQ at 18.26. Kind of high but I don't think i'll get
killed in something like this in one or two days. I was in KKR one day and in the first half hour I was
down over 1K, I sold for a loss and one or two days later it was up again.It was sickening.
I'm sticking with ETF's long or short.
I saw that. I traded that a few times. It dropped about 6% in the first half hour of trading. That happened to
me once in KKR, I was down over 1K in the first 30 min. of trading. I sold when it recovered some, but
still had a big loss, then 2 days later it was back up. I had enough of these individual stocks. I'm trading
ETF's. Last few days I traded. SH, RWM, and PSQ. So far I did OK. Maybe i'll trade SPY or QQQ, but
I'm done with single stocks. Especially when you're on margin., I don't want to scare anyone, but what
do you really know what's going on with any company till it comes out in the news?
Large funds and millions of investors trusted Madoff too.
Just read an article : Hedge funds get clobbered, 9% in april after betting wrong on both long and short stocks
The pain at many of the same funds was already apparent in the first quarter, when a slew of prominent hedge funds took losses--mostly as the market turned south in March. Viking, Lone Pine, Blue Ridge, Jericho Capital Partners and JAT all sustained losses (all ended March at a loss with the exception of Viking, which finished up 0.6 percent).
Amid the tumult, Coatue Management, the approximately $9 billion fund company that lost 9 percent in its flagship during the month after betting wrong on both long and short stock holdings, revealed plans to return $2 billion to investors at midyear.
Oysters are good for you and high I zinc. I like Dollar tree better than the other 2. The competitors have alot higher prices.
I traded it one day at 22.78 and sold the next. I just saw it today.Good thing I didn't hold. I would
have lost a lot of money. I just started trading ETFs last few days and I think i'll stick with them.
They don't drop as much as individual stocks, at least not in one day.I've been in SH, PSQ and
RWM all short ETFs.I just keep hearing about a correction. I could be wrong, but there's more
likely to be a down 200 day than an up 200 day going forward.
Anyway it's easier to get out of an ETF pre or after market, if you have to.
I got a nice laugh out of that, but what do you mean exactly when you say short everything that
doesn't move.I never really short anything and I traded RWM because I can buy more shares on
margin than shorting the SPY or IWM.
I couldn't resist this 2% drop today after the big move up yesterday. Maybe it's done going
down and in a trading range till it moves higher?
I took a shot and bought at 20.81 and if it goes to just 21.19 on Monday i'll make a nice profit.