I've held my QCOR shares tightly for a couple years now without any hedges. After the experience on Tuesday, I feel like I need to re-think my strategy. I still want to be long QCOR, but I want to protect my profits from all of the volatility. What is the best way for me to do this? Sell calls? Do a straddle or strangle? Buy puts?
Thanks in advance for any advice you guys have. I have mostly been a lurker on the QCOR board, but I have learned a lot and also gained the fortitude to hold my shares and add on the dips. There is no other board like this one, and I hope the long term guys/gals stick around.
And yes I know I have a weird screen name. :}
On the barrons home page they list QCOR as a bearish pick and have a link to the hit piece. They are publicly tracking the performance of their call. So far they are wrong as the stock has risen since their lame article.
What's your take on the massive "W" formation on the daily chart going back to when INVN IPO'd.
As far as I know it's a double bottom, which is a very bullish pattern. What do you think?
Tesla's (TSLA) a short says Barron's Bill Alpert in a cover story which rehashes familiar arguments, but notes the shares - recently essentially unborrowable - can now be had for a single-digit interest rate. Perhaps the most interesting part of the story is Elon Musk hanging up on Bill Alpert during an interview for the piece: "I have no interest in an article that debates what we consider to be an obvious point - which is that there is a dramatic reduction in battery costs ... I am terminating this interview."
If you have a barrons login, please comment and share your thoughts on this article.
If you don't have a login, they can be found for free on google.
Alpert from Barron's wrote a negatively slanted piece in feb 2007 just prior to earnings. This looks to be similar timing and tone. QCOR was trading for around 15/share then and the article suggested that it was expensive.
Yeah, and Micron missed on their earnings this morning. Stock is getting whacked.
I can't say it enough, Cramer is a Fool, and a Shyster. I can't believe people actually follow this idiot.
Margin? Why not? I've been margined to the hilt with this stock since 10 dollars per share, and I don't plan on lightening up til next year. There's lots of money still to be made here.
No Articles on INVN yesterday in IBD.
However, it was included in a couple of tables.
1. IBD 50's Best Price % Change (up 2.4%)
2. Top 200 Composite Stocks (around # 90.)