This is the current allocation in account #16. It is owned by Jane Stewart, but for reasons of anonymity, we'll call her Ms. Smith.Ms. Smith doesn't know that her account is the most aggressive of the ones we trade. All she knows is that she makes about 25% a year. There isn't a lot of capital in this account, so we trade it more aggressively than any other. Our other accounts have shares of CREE and MRVL, for reasons of diversification.
8 comments:
Speaking of aggressive, I cashed out my APR 16 XLF calls for a 7 bagger. The protection puts are all worthless though, so overall it was only a 100% gain for march.
So it was really only a 2 bagger. Who cares?? Just go away already.
Aren't you glad you are out of LDK? They reported earnings today and there is blood in the streets once again. I wonder how IBCNing you is doing. Remember the good ole days where Snotwheel (aka Steelana) had the message board in an uproar all the time with accusations of subversive shorts and pumpers and dumpers.
Lol, the good 'ol days. It always amazes us how some people never let go of a stock no matter what.
Stocks have their 15 minutes in the spotlight and then they're forgotten. It's really that simple. There are probably some people still holding LDK waiting for their 15 mintues. It's so destructive to a portfolio to not be able to move on.
Never fall in love with a stock. If you do you will be like a deer in the headlights. Wham!
I think LDK has had more than 15 minutes! I love LDK! But yeah most times its more of a long distance relationship. Right now I am considering a spread play on LDK for my april trade. Ideally I would like to see a 100% probability of the signal coming monday-wedsnesday of options expiration week. It is still too soon to tell. Will need a few more days to analyze this one.
Snot, a while back you posted that if CREE got above 75 that you would be tempted to take some off the table. Are you still feeling that way?
Jerry, we just sold all of our CREE at 76.3. We still like the stock and will most likely be buying back in very soon. There's just no reason to hold a stock trading at the top of the channel.
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