Cramer is the kiss of death. Sold a lot of my DAL which I bought when it was in the dumps and the fact that Cramer likes it is a big reason.
Then why are my MSO + LEE + NOK making new highs? Actually now that the public is finally back in stocks the top is nigh.
Obama is planning to make Israel give up everything. But he has been weakened so lets see. The sad fact is over half the population gets a government check of some kind else he would have been impeached long ago.
Shorting is generally stupid. If you don't set a stop it is catastrophic. If you set one you still lose but less. Anyway this is making a new high for no good reason so you can't short it. As I said, the best time was in the 27 area and I bought there. Shaken out by the two swoons but still own some. Very heavy public selling is what attracted me and it has not stopped yet. Once people start purchases and you get upgrades and so forth profits can start to be taken.
I LIKE NOK. BUT OFCOURSE IT HAD TO BE BOUGHT AT THE APPROPRIATE TIME.
NOKIA OYJ ADR EACH REPR 1 ORD NPV (Margin)
NOKIA OYJ ADR EACH REP... 170.621 $7.880 $0.18 $1,344.49 $30.71 2.34% $833.85 163.30% $2.99 $510.64 Select Action for [NOKIA OYJ ADR EACH REPR 1 ORD NPV]. Menu Closed Buy More
Term Long Acquired 07/03/2012 56.000 $7.88 $0.18 $441.28 $10.08 2.34% +$313.49 +245.32% $2.28 $127.79
Long 06/14/2012 60.000 $7.88 $0.18 $472.80 $10.80 2.34% +$322.05 +213.63% $2.51 $150.75
Long 05/29/2012 2.621 $7.88 $0.18 $20.65 $0.47 2.34% +$13.34 +182.54% $2.79 $7.31
Long 04/12/2012 52.000 $7.88 $0.18 $409.76 $9.36 2.34% +$184.97 +82.29% $4.32 $224.79
Being a small timer is not a crime. By the way, I sold some at the top at 4 a few years ago after the stock was upgraded.
LEE ENTERPRISES INC (Margin)
675.054 $3.416 $0.166 $2,305.98 $112.05 5.11% $2,094.34 989.58% $0.31 $211.64 Select Action for [LEE ENTERPRISES INC]. Menu Closed
Term Long Acquired 03/20/2009 675.054 $3.416 $0.166 $2,305.98 $112.05 5.11% +$2,094.34 +989.58% $0.31 $211.64
Take a trip to israel. You will like it. In Tel Aviv lunch at a 'chamusia' where all they serve is chumus. You eat at a table outside. Its great. And its a short wqlk to the beach....
I only buy a little so nothing that happens is of any concern. And I expect big gains. For this one must buy very cheap stocks (mso mtl aci jrcc ntz edn pam .....). MSFT is not going up 10 fold so I had to buy a lot. Not good. I sold some at 32.after the first crash and the same after the 2nd. A profit yes but that is no way to play the game.