J. A. Saglimbeni SBUX looking good here....touching its 50 Day...looking for a run?
8/31/12
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OneLongTrade: IMO, just covering that gap from July, which happens nearly always in large, liquid stocks. The 50 day crossed below the 200 day this week.
8/31/12
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OneLongTrade: I like the company, liked it a lot more in the low 40s. If anyone got in after the drop, this is a nice profit taking point imo.
8/31/12
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J. A. Saglimbeni: This is One Long Trade my friend, so SBUX is good for many years forward..If you are TRULY long $10 doesn't really matter....
8/31/12
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OneLongTrade: I beg to differ. There are few companies that offer above average returns for a very long time.My personal long trades rarely last > 6months
OneLongTrade: Those are the few companies. It isn't really a theory, it's a fact. The larger indices have proven it. And those companies will not run
8/31/12
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OneLongTrade: forever. It's nice you post your tickers for your winners, the stocks that have outperformed the past half decade. But plenty that have not.
8/31/12
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J. A. Saglimbeni: OneLong, I also post my sells, for example: Sold AMZN, NFLX, CTSH, BCPC...all for better returns than any Index....I am talking like years.
8/31/12
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J. A. Saglimbeni: I have faith that these names : AAPL, UA, MA, SBUX, PEP, and CHD...will continue to trounce the market over 3-5 years...maybe AMZN may not.
8/31/12
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OneLongTrade: I'm not citing your buys and sells specifically. I'm just saying, you happen to post some stocks that have had great runs. The good majority
8/31/12
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OneLongTrade: of the market has not had those runs. You have outperformed. Wonderful. The rest of the market has not. For a new investor, this is daunting
8/31/12
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OneLongTrade: NFLX went from sub $100 to $300 and now to $60. If someone bought and held any time above $60, they'd be under water right now.
8/31/12
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OneLongTrade: Not everyone can time their sells as perfectly as NFLX's CEO did so unfortunately I don't agree with buying and holding for years and years.
8/31/12
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J. A. Saglimbeni: True indeed, my friend...this is why I am trying to help just like many here at Seeking Alpha...It is daunting, but it may be worth it...