As an update: * I sold ACMR for a 16% gain on July 14, 2003 (a 13% annualized gain). * I sold FRED for a 15% gain on August 1, 2003 (a 12% annualized gain). * I still hold AXL and am up 9% on it. * I sold OHB for a 21% gain on June 17, 2003 (a 20% annualized return). * I still hold CHKE and am up 3% on it. * I still hold PTSI and am down 25% on it. So what was wrong with holding all of these stocks? I made money on 5 of the 6 positions.
Update: * I still hold AXL and am up 14.5% on it. It is up 100% over its 52 week low. Cutting my losses on AXL would have been an enormous blunder. * I still hold CHKE and am up 2% on it. * I still hold PTSI and am down 21% on it.
Yeah, and on PTSI you put 50% of your portfolio in it, negating all your wins and hoping it comes back to even. AHAHAHAHA! ROFLMAO! ------------------------------------------------------------------ As an update: * I sold ACMR for a 16% gain on July 14, 2003 (a 13% annualized gain). * I sold FRED for a 15% gain on August 1, 2003 (a 12% annualized gain). * I still hold AXL and am up 9% on it. * I sold OHB for a 21% gain on June 17, 2003 (a 20% annualized return). * I still hold CHKE and am up 3% on it. * I still hold PTSI and am down 25% on it. So what was wrong with holding all of these stocks? I made money on 5 of the 6 positions.
Congratulation I have less than 300 members I must remember to wake them up one day by sending them a message but I'm too busy with my new dev - if yahoo didn't block one of my newsgroup since I changed my provider I would have done the effort Sorry Mr Market if I'm not on your list but maybe if I get interested in stock one day
Moderator , this thread is a waste of space and time -- please relocate to the gossip column. thank you
Is MrMarket the best trader on ET? Or is it Larry Swing? Such a question belongs in the trading forum, not chit chat with its tiresome political arguments.