Seeking Alpha
  • Windsun33
    Picked up 500 LUK @ 9.81
    11/17/11
    Reply (20)
    • John Rayhall: LUK isn't going in the right direction but I think that's a good buy.
      11/17/11
    • Windsun33: I tend to hold most of my stocks for mid to longer term, couple weeks to months, and I am pretty sure LUK will be back up to ~13'ish by Feb.
      11/17/11
    • John Rayhall: I agree but it could easily go to 5.
      11/17/11
    • Windsun33: Any stock could.. but $5 would be it's 1997 level, so I think the upside chances are more likely.
      11/17/11
    • John Rayhall: I am in MS right now was in and out of LUK I like both but scares the crap outta me and I LOVE risk lol
      11/17/11
    • Windsun33: LUK is pretty speculative yes, But I keep around 5% of my portfolio for just such wild flyer stocks.
      11/17/11
    • John Rayhall: That sounds like a good % I may buy some more LUK
      11/17/11
    • John Rayhall: I'm in MS from 12 wanted to hold it 3-5 years see what happens but do you think I should bail?
      11/17/11
    • Windsun33: I would probably hold MS at this point. Financials have been beaten way down, the good along with the bad.
      11/17/11
    • John Rayhall: Sounds good. I would be really pissed if I lost all my gains though but such is life.
      11/17/11
    • John Rayhall: I hate to see it but Finacials are going lower. UGH I really wanted to hold MS and still am but I think they will retest their yearly lows.
      11/17/11
    • Windsun33: Yah, but I am not buying any more for now, my limit is 1% of portfolio for any single wild stock, and I am there now on 5 of them
      11/17/11
    • John Rayhall: Smart man I wish I could have traded in the late 90s this market really sucks.
      11/17/11
    • Windsun33: Yes it does, seems to be totally rumor and robot driven. If it keeps whipsawing like this I am going all cash or some stable bond fund soon
      11/17/11
    • John Rayhall: I keep saying I will and I never do I'm a market junkie I guess. So stupid though. They say if you scream manipulation you're just a bad
      11/17/11
    • John Rayhall: trader but it sure looks like it to me. Mutual and Hedge fund managers have become nothing more than day traders
      11/17/11
    • John Rayhall: HFT and Bots have def ruined the market ins ome ways.
      11/17/11
    • John Rayhall: You can do all your homework and buy a stock and know that in your heart it was a good trade and see it down 10% in minutes nuts
      11/17/11
    • Windsun33: Yup - crap like GRPN goes nuts, but mining and mfg stocks with P/E of under 7 and growth drop like rocks
      11/17/11
    • John Rayhall: I know right! Glad someone agrees with me. Even LNKD floods the market with shares and goes up! I was almost going to short that one.
      11/17/11