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Author Topic: I sure know how to pick 'em
Jo4321
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Sheesh, CHCI closed at HOD at .75.

That's okay, I bought it at .53, so I still made 30%.

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"Great Day for Up!"....Dr. Seuss
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Machiavelli
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quote:
Originally posted by Jo4321:
I guess since this falls under the "I sure know how to pick em" category.

I bought YHOO a few days ago at $26.80, expecting the Microsoft deal. So, now as you may have read, Microsoft is backing out of the deal.

Since this all came as news when the market is closed, is there any chance for the small retail investor to sell out prior to the big drop. I cannot sell in pre-hours until 8:00am with my broker. Am I SOL?

Why do companies always announce bad news when the market is closed?

Jo
That was one that was a given not to buy Jo... it was in the news for weeks that Yahoo's founder was refusing Microsoft's offer and that Microsoft's CEO wouldn't budge on making a higher offer.. you bought this one strictly on greed and not Reason...

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Money Never Sleeps Pal.

Greed, for the lack of a better word is GOOD.
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Machiavelli
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quote:
Originally posted by Jo4321:
Sold CHCI today at .69

You know what that means.....
Still throwing Mach's rules out the window i see including not trading in Pennies anymore... [Wall Bang]

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Money Never Sleeps Pal.

Greed, for the lack of a better word is GOOD.
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Machiavelli
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quote:
Originally posted by Jo4321:

I like this quote from Baron Rothschild: "I made my fortune by selling too early".

Jo
Read Jesse Livermore in Reminisces of a Stock Operator by Edwin Lefevre... much better quotes and advice... also I don't remember who said it but I always like this quote: Why sell a Rising stock? ...

--------------------
Money Never Sleeps Pal.

Greed, for the lack of a better word is GOOD.
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Jo4321
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Well, you can all buy Yahoo now. I just unloaded it at $27.65

Jo

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Stupid
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And to think Yahoo is going back up next week.

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DDDDD
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Jo4321
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hmmm, the jo effect didn't quite work on YHOO (at least not immediately like usual).

Here's another alert: I just sold IMB at $2.02.

Jo

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