|
TranceAddict Investors Club @ Marketocracy (pg. 95)
|
View this Thread in Original format
| Krypton |
| quote: | Originally posted by Shakka
Also, fundamentals change, not just prices. What was a great bargain yesterday does not necessarily make a great bargain today (Just look at financials). That's why I like to be more proactive. |
I sell if fundamentals or valuations are degraded. I don't just hold stiff no matter what. |
|
|
| Moongoose |
| quote: | Originally posted by Shakka
This looks like a good call today, though I don't really know why it's up so much. I think Stifel Nicolaus might be pimping it today. |
It went up almost 9,5% today, good job i bought it yesterday for a nice low price :D Shame though that i only bought enough stock for a 3% part of the fund. |
|
|
| Krypton |
| quote: | Originally posted by Moongoose
It went up almost 9,5% today, good job i bought it yesterday for a nice low price :D Shame though that i only bought enough stock for a 3% part of the fund. |
Did you buy VMW. You were interested in it right? It's up 9% today.. |
|
|
| Moongoose |
| Yes, i was debating on whether i should get it or not, then decided to go for it after i saw your evaluation. Thanks for the advice. |
|
|
| Krypton |
| quote: | Originally posted by Moongoose
Yes, i was debating on whether i should get it or not, then decided to go for it after i saw your evaluation. Thanks for the advice. |
Nice timing..:D
 |
|
|
| Dervish |
| quote: | Originally posted by Shakka
The only problem with "averaging down" is that it is the same thing as adding to a losing position. It is always a tough decision, but most if not all professional investors will at least establish a stop loss trigger as a disciplinary device to keep them from losing their shirts. Nobody makes an investment expecting to lose money. Just my 2c. |
Never saw this till now, another problem is running out of money!!! :p
Or worse selling good stocks to buy more bad. :eek: :nervous: |
|
|
| Dervish |
| quote: | Originally posted by Shakka
I hear you here. I'm not saying daytrade--, that's insane and not worth the stress. But I am saying you need to actively manage your money and not just think you can put something to bed, wake up 5 years later and expect that it will have blossomed into a vibrant garden. You have to pick the weeds from time to time and throw out your losers so your winners can flourish. That's all. And this can be especially true with technology stocks. The tricky thing with tech stocks is that many of them are fast growth stocks, but technologies are always being replaced and a lot of times a high-flying tech company today is an irrelevant collateral victim tomorrow. Does anyone remember U.S. Robotics? Man, modems were so hot! |
100% Agree with that and I know this is a fault of mine. Should really get "hope is the denial of reality" tattooed onto me somewhere visible!
Dropping stock at a loss feels so wrong but sometimes it's very very right.
Another good example of the tech stock thing is Wolfson Electronics. Previously did the DACs (sound chips) inside ipods but are slowly getting replaced model by model. Man, ipod DACs were hot! US Robotics is an excellent example though.
Another one that the market will be stearing clear of is memory producers. Normally it has cycles but right now it's dipping into a huge period of over production. |
|
|
| mndeg |
that's not what SNDK chart says
crazy 0 gross margin company |
|
|
| Dervish |
Yeah SNDK...
52Wk High: 58.3
52Wk Low: 13.06
Current: 17.64
Net Profit Margin -8.32%
Operating Margin -12.41%
EBITD Margin - 13.40%
Return on Average Assets -3.78%
Return on Average Equity -5.44% |
|
|
| LatinLover |
| quote: | Originally posted by Krypton
I sell if fundamentals or valuations are degraded. I don't just hold stiff no matter what. |
Krypton, let me ask you.. It seems this is your passion. Exactly how much money have you earned doing this? |
|
|
| Krypton |
| quote: | Originally posted by LatinLover
Krypton, let me ask you.. It seems this is your passion. Exactly how much money have you earned doing this? |
I've turned $800 into about $2000 in about 1 year plus a few months. |
|
|
| LatinLover |
| quote: | Originally posted by Krypton
I've turned $800 into about $2000 in about 1 year plus a few months. |
So a 150% return... lets say youve earn that in 15 months, so thats a return of approx.10% monthly right? not bad! |
|
|
|
|
