posted
I just woke up. Up about $1,300 this morning. Just went to change my sell to $11.99 and WB dropped like a rock in water. I was going to sell then jump back in for another run up.
Rah.....this is a way so you get further ahead of the game. Buy low, sell high....and if you know it will go higher...sell on the high side of the day because stocks almost always retrace during the day a little bit so take advantage of thoses. Just don't blow a intraday trade to do it though.
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posted
WM is a hot one today. I know they are trying to get bought out.
So...re-entry on WB....what price do you think I can squeeze back into? Haven't looked at the charts yet....but thinking I can dip back in lower then $11.30.
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posted
f..in GS just had a GREAT bounce could be comming up on a short..and if you have no shorts left..SKF does about axactly inverse of GS so go long on SKF
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quote:Originally posted by Morpheus: wb looks like a short from here..12.15 then cover around 10.25
I wouldn't try that. It will likely go up to $16-17 and then you can risk shorting it. Its up $1.00 from when I sold it. Missed out on another $700 bucks.
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quote:Originally posted by Morpheus: f..in GS just had a GREAT bounce could be comming up on a short..and if you have no shorts left..SKF does about axactly inverse of GS so go long on SKF
So what price are you thinking? Its at $127+
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quote:Originally posted by R1 Man: I just woke up. Up about $1,300 this morning. Just went to change my sell to $11.99 and WB dropped like a rock in water. I was going to sell then jump back in for another run up.
Rah.....this is a way so you get further ahead of the game. Buy low, sell high....and if you know it will go higher...sell on the high side of the day because stocks almost always retrace during the day a little bit so take advantage of thoses. Just don't blow a intraday trade to do it though.
what did you mean stock always retrace during the day a little bit so take advantage of those....pl explain. thx.
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I have 1,000 shares of WB. I bought at $10.00. The price is $12.00. I sell. So I spent $10,000 to buy and now have $12,000. I then sit back and look for a re-entry point lower then $12.00. But it has to be signaficant cost savings. So right now I made $2,000 profit. If I re-entry at $11.50....I drop the $12,000 on it and end up with 1,043 shares. I saved $500 and now when it goes to $12.00. I will be up $500 plus the shares I bought in addition. So 1,043 x $12.00 = $12,516.
Understand now??
Damn did I ever miss the boat on SKF. $132 now.
WB coming down so might get back in that one.
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posted
SIX....$0.87. I think your rolling two dice trying not to get snake eyes and a 1 is showing already. I'm not hot on this one. The season is almost over for most parks so lower income coming in. I think it will move down more. Now if you hold it for a year, then sure its a good buy. But I would stay away.
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posted
i got that...but in reality, you are buying at 10 and selling at 12...then when it dips to 11.50 you are buying again with same amount plus the profits fm original deal and selling again at same high point of 12....so essentially making that 500 extra....the dip fm 12 to 11.50 as savings is hard to understand...i actually do not see that as profit really...does that make sense?
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ohh man....i bought SIX this morning at .89 anyway..i would have preffered to have been in and out soon but oh well i got no choice now...no point selling at loss....
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Just saw the new price on WB....$12.49....oops....ohhh well.
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