Good call! And I'll do what I've done since low 20s. Buy 2000 on dips sell after $1 gain. Butta Bing Butta Bang!
and more Important MU's positive announcement! I bought as much as my personal guidelines allow and will take profit at $33!
Sentiment: Strong Buy
LOL LMAO HAHAhahahaaaaa.....
How does the FOOL even know how to trade AH???
I bought a bunch more at $31.01.......................This IS A $40 Stock !
Most of us have really booted a stock in out past. I was holding a large amount of VPHM years ago and dumped at the low. It was bought out this year.
Also, I posted below that this company is a prime takeover target by EPD. Motley Fool just echo'd that thought in an article today as follows:
" While Targa Resources Partners' recently rumored deal is said to have fallen apart, its strong asset base is likely to bring another suitor very soon. In fact an ideal candidate, in my opinion, is Enterprise Products Partners as it could really consolidate its position at Mont Belvieu as well as in energy exports while at the same time adding Bakken Shale assets to its portfolio. With Targa Resources' now back on the market, it might be time for Enterprise Products Partners to take a look. "
Still no news, yet on June 13 is was labled "Trade of the day" at Investor Place due to spike in Oil prices. Here is the recommendation:
"Today’s trade is in NuStar Energy L.P. (NS), a large-cap energy master limited partnership (MLP) that is in a strong uptrend thanks to the spike in oil prices and a general trend in capital flows towards dividend payers (NS has a hefty 7.3% yield). Here is my recommendation to take advantage of NuStar’s strength using call options.
Buy the NS Sep 65 Calls at 85 cents or lower (NS’s stock price closed Thursday at $60.25). After entry, take profits if the stock price hits $63.20 or the option price hits $1.60. Exit if the stock price closes below $59.60 or the option price closes below 60 cents. Note: This is a relatively thinly-traded option chain, so you may need to be patient to get established at my recommended entry. Avoid buying a large number of contracts at once to prevent wild price swings; instead, enter your orders in smaller lots of five or 10 contracts"
Stocks don't always follow logic.
Obviously, I did when the trend was continuing downward week after week with no news on horizon and some insider selling occurred. You have to stop the bleeding eventually.
The post was supposed to be a fun answer to madmax. Haven't you over years of investing had a stock that goes wrong for you?
How come only you and I think this?
Where the HELL IS EVERYONE ELSE????
Because after losing $1,000s on this piece of #$%$, I sold out last year. I missed the run-up and just bought back in 2 weeks ago...... I'm down $700 already!
Sentiment: Strong Sell
They have a very clean loss history for this type of hazardous business because of good Mgt. I sold all my holding at a nice profit and I'm right back in @ $70.5 as I start to rebuild my old position.
Your yield was 7.6%. Right now it's lower. You can't hold a stock based on yield at original purchase. If you are lucky enough to have a nice capital gain, you actual yield is lower and you might want to allocate some of your gains into a stock paying a higher yield. However EEP may increase it's dividend so it's your call.