Seeking Alpha
  • Julius Ferraro
    Well i gave up :( sold NFX and NFG for a loss. Sold CHK 20 puts to remain exposed to nat gas and try and recoup some
    4/11/12
    Reply (5)
    • Bret Kenwell: pending on the situation, cutting your losers is usually for the best.
      4/11/12
    • Rubenov: Heeee... I don't know, I think you sold at the bottom. I do that all the time.
      4/11/12
    • Julius Ferraro: Decided I might as well rotate the money into a better sector as well as stop the drag down on my profits for the year.
      4/11/12
    • Bret Kenwell: though hard (psychologically) cutting losers is a good thing. No need to throw good money after bad if you know what i mean
      4/11/12
    • Julius Ferraro: @Rube I had that feeling 30 min ago when i sold but i can see now it wasn't lol. Regardless CHK is a better run company then NFX imo
      4/11/12