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Alex Filonov
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I was born in 1956 in USSR. After graduation from college in 1979 I worked full-time as an IT specialist. Until 1990 I worked for different companies in the Soviet military industrial complex. I created a small software business in 1991, which failed in 1993. I worked for Oracle Corp in 1995 in... More
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Muddling Investor
  • Buying Panic 2 comments
    May 17, 2012 11:33 PM | about stocks: RHT

    Bought panic today, again. Added to my Red Hat (RHT) position. Current market carnage might well continue, sure. But today's action close to the end of the session was a panic, and I an a buyer, not a seller of panic.

    Disclosure: I am long RHT.

    Additional disclosure: Positions can change any time

    Themes: Market Outlook Stocks: RHT
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  •  
    I don't see any panic in RHT. PCX or any other coal stock, that's real panic.
    18 May 2012, 03:41 PM Reply Like
  •  
    That's the panic I don't want to buy. Coal is on fire, literally. Don't want to be near it.
    18 May 2012, 05:42 PM Reply Like
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