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Option_Attack
Registered: Sep 2002
Posts: 379 |
08-06-12 02:45 PM
Don't hang in there too long, Surfboy. It was Rockefeller, or JP Morgan, or some very rich dude when asked how they got their fortune they said (with tongue in cheek) "I always sold too soon..."
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trendlover
Registered: Nov 2007
Posts: 3621 |
08-06-12 02:56 PM
Surf do you buy the same amount for each price? So if you say yes, than about $2.40 is your price.
What will happen if all the investors convert to the stock for $1.50 in 10 days?
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marketsurfer
Registered: Apr 2002
Posts: 5403 |
08-06-12 08:07 PM
Yes, every entry is generally the same size.
I am optimistically holding here, expecting more upside in KCG per the current info, chatter, and data set. Fully expecting the $3.50 high to be taken out in the near future.....
Very confident.
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marketsurfer
Registered: Apr 2002
Posts: 5403 |
08-06-12 08:10 PM
Quote from Option_Attack:
Don't hang in there too long, Surfboy. It was Rockefeller, or JP Morgan, or some very rich dude when asked how they got their fortune they said (with tongue in cheek) "I always sold too soon..."
I'll admit that holding can be my downfall, but I like riding the big waves and will take losses in between....
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Maverick74
Registered: Mar 2002
Posts: 17314 |
08-06-12 08:58 PM
Quote from trendlover:
Surf do you buy the same amount for each price? So if you say yes, than about $2.40 is your price.
What will happen if all the investors convert to the stock for $1.50 in 10 days?
That's not how convertibles work. LOL.
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traderchi128
Registered: Feb 2012
Posts: 341 |
08-06-12 11:02 PM
Quote from marketsurfer:
I'll admit that holding can be my downfall, but I like riding the big waves and will take losses in between....
Trailing stop Surf. Try it sometimes. Ya lock in profits on the way up. While I can appreciate your going for the home run all the time, let's be honest. The guys who last the longest in this biz are the .300 hitters.
It's like the guys who cleaned up in the fall of 2008. That was the time to go for home runs. Since then those same guys can't make a dime. You have to ride those waves when they are there.
Catching KCG at 2.50 or so and having it go to 4.00 is a pretty damn big wave.
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