Seeking Alpha
  • Ocean Man
    Doubled up QRE at 18.97, down 10% from where I sold it 8 days ago. 10.3% yield. More detail here: http://seekingalpha.com/a/ckxv
    10/26/12
    Reply (42)
    • Boatyzaffa: four double ups in 38 minutes?
      10/26/12
    • Ocean Man: Yesterday, QRE was down 1% while peers LINE and LRE were up 2%. Today, QRE is down 2% while those other 2 are flat. 5% divergence.
      10/26/12
    • det9: Followed at 18.99...I am having too many oil stocks..waiting to bounce..
      10/26/12
    • Ocean Man: Boaty - I sold 12 positions when we were above 1460 last week. Several of my favorite stocks are very attractively priced here at 1407.
      10/26/12
    • Clayton Rulli: my yield is diff than yours. I see 10.06%
      10/26/12
    • kuzilamatt: $1.95 annual div @ 18.97 = 10.3%
      10/26/12
    • Renmycat!: isnt 2.5% of the QRE drop because the company went ex-dividend on the 25th?
      10/26/12
    • Ocean Man: Yes, Ren, that is true, thanks.
      10/26/12
    • Renmycat!: no prob. i am long and looking to buy more as well.
      10/26/12
    • Boatyzaffa: Again Ocean I know you are a good trader, but I feel like you are not being honest about taking losses or recommending losses.
      10/26/12
    • Ocean Man: Do you have an example?
      10/26/12
    • Ocean Man: It's not a loss unless you sell it for less than you bought it. Many of my picks take a while, and most pay you to wait.
      10/26/12
    • Boatyzaffa: Uh... no I don't have an example because you are rarely report your losses
      10/26/12
    • Ocean Man: So you came in here to call me dishonest with no examples and no evidence.
      10/26/12
    • Boatyzaffa: Wait a minute, I just picked up on the conversation you and westcoast were having, you didn't respond so I went to one of your more...
      10/26/12
    • Boatyzaffa: recent posts... again I like conversation and believe it will benefit all of SA stocktalkers
      10/26/12
    • Boatyzaffa: If you are honest you have nothing to worry about except for what you are going to do with all your profits
      10/26/12
    • Boatyzaffa: I believe you are a good trader Ocean, I just don't want as much draw down in my account as you... In fact most people won't put up that...
      10/26/12
    • Boatyzaffa: ...much volatility.
      10/26/12
    • Ocean Man: You're correct that my style is not suitable for daytraders. Most dividend investors don't care a bit if their stocks drop 3 or 5% from time
      10/26/12
    • Ocean Man: to time, and many hope for those dips as opportunities to add to positions. I am primarily a dividend investor, with a portion of my
      10/26/12
    • Ocean Man: portfolio in shorter term trades and the occasional daytrade.
      10/26/12
    • Ocean Man: I don't claim to buy the exact bottom and my picks are not intended to go up by the end of the day.
      10/26/12
    • Ocean Man: A lot of my followers post better entry and exit prices than me.
      10/26/12
    • Boatyzaffa: Thanks for the discussion Ocean, best of luck!
      10/26/12
    • westcoastinvests: OM, I would like to hear more about why you feel it is better to post up moves in your position versus posting the down moves?
      10/26/12
    • westcoastinvests: Your double ups today looked to be down approx 5-10% from recent buys yet made no mention of fact, yet when ur stocks rise u point this out
      10/26/12
    • Ocean Man: I have done very well with QRE and so have a lot of my followers. If you don't like my methods, don't follow.
      10/26/12
    • westcoastinvests: I think I am asking very simple questions and not being rude about it. You told me you had a good reason for not posting the down moves.
      10/26/12
    • westcoastinvests: So I was interested to hear this answer.
      10/26/12
    • Aliefduffey: Still up 20%+ on QRE from a OM suggestion.
      10/27/12
    • Ocean Man: westcoast - when you have people thanking you like that, then you can give me suggestions on how to change the way I post.
      10/27/12
    • Ocean Man: Until then, keep your lies out of my posts. Every one of my double-ups today MO SGG MTDR QRE was sold much higher by me than either
      10/27/12
    • Ocean Man: of my legs back into them.
      10/27/12
    • Ocean Man: When I ride SGG up over 78 and sell, then buy back in at 71 and 69, don't come in here and tell me I'm underwater. You look like a fool.
      10/27/12
    • westcoastinvests: Look I have told no lies about you, and I am not trying to attack you personally.
      10/27/12
    • westcoastinvests: You said you had a reason for posting about when your positions move up rather then posting about them when they move down.
      10/27/12
    • westcoastinvests: U never gave the reason so I am still curious what the reason is. Now u are talking about previous trades when I ask about current positions
      10/27/12
    • westcoastinvests: Just because you have turned a profit on a position earlier doesn't mean that you are not currently underwater on existing positions
      10/27/12
    • Ocean Man: I don't know why I waste my time talking to someone like you, where I have to reference a post I've already made earlier in this thread to
      10/28/12
    • Ocean Man: answer your question. I don't claim to buy the bottom and I don't intend for it to go up that same day. Underwater doesn't concern me a bit.
      10/28/12
    • westcoastinvests: So if underwater doesn't concern you a bit,you are saying that you are confident that you never step into the wrong stock at the wrong time?
      10/28/12