Seeking Alpha
  • Ocean Man
    Sold out of T for a 4% gain in 3 weeks. Sold out of NVS for a 3% gain in 3 weeks. Sold out of HUN for a 2% gain in 2 days.
    12/13/11
    Reply (14)
    • jason2788: i sold my T for a 2% loss in my IRA, but got the ex-divi so I came out on top.
      12/13/11
    • Husky Financial: singles and doubles add up man nice goin
      12/13/11
    • Ocean Man: I think we'll be able to re-buy closer to 28 before that next divvy.
      12/13/11
    • jculley: Trade costs and taxes, no mention of either?
      12/13/11
    • Husky Financial: ^now your just nitpickin
      12/13/11
    • Ocean Man: Sorry, dude, only 140 characters to work with. You can assume $4.95 per trade and taxes paid for me if I don't state otherwise LOL.
      12/13/11
    • Ocean Man: HUN went down 3% right after I sold it, would be the central point that you're missing there babyface.
      12/13/11
    • jculley: I'll just assume you are making up the numbers. Or breaking even if you are lucky, after commissions and taxes. Keep up the good work?
      12/13/11
    • Husky Financial: how do you figure? unless you are a small fry (like myself) 2-3% trades are wildly profitable if you have enough capital at work
      12/13/11
    • Husky Financial: start compounding a 2% avg. daily gain and see how your balance looks after a month or two
      12/13/11
    • Ocean Man: Well said, Husky. My T trade was about $12,000 x 4% gain was about $480. Two commissions were less than $10, totally insignificant. Taxes
      12/14/11
    • Ocean Man: take what taxes take. If I was going to make up numbers, I'd make up something more than 3 or 4% numbskull.
      12/14/11
    • jculley: Didn't Madoff say the same thing?
      12/14/11
    • Vlad77: Good job Ocean, haters gonna hate
      1/6/12