Seeking Alpha
  • John Rayhall
    My dip buys on REXX and RVBD working well so far.
    2/1/12
    Reply (12)
    • BTD70: following these John, thinking my strategy will evolve around which train wrecks to buy, you're doing well with these, cool.
      2/1/12
    • John Rayhall: Sometimes a train wreck is a good thing people are like sheep and tend to over react a lot at least I think so. Thanks
      2/1/12
    • BTD70: I guess trick lies in discerning which train wrecks are deserved, and which aren't.
      2/1/12
    • John Rayhall: Ya be careful because you can get burned bad make sure it's not bc of an accounting issue.
      2/1/12
    • BTD70: thanks, a lot of them seem to be basically solid stocks where people over-reacting to news or rumor, good buying opportunities.
      2/1/12
    • John Rayhall: Exactly they're solid companies with real products or services unfairly beat down.
      2/1/12
    • John Rayhall: Today's panic KWK not as confident as REXX and RVBD but I bet it bounces nat gas sucks though
      2/1/12
    • BTD70: I'm already too heavy in gas/oil, looking to diversify. Also need to investigate "hedge" concept, looking around--see guys using several...
      2/1/12
    • BTD70: different etf's. You have favorite?
      2/1/12
    • John Rayhall: I bought some KWK at 4.45. Def hedging is good.
      2/1/12
    • BTD70: see guys using TVIX as "hedge", I think that's what Ramones meant by "high-risk insurance", lol.
      2/1/12
    • John Rayhall: TVIX is a high risk reward trade not for the faint of heart. At these levels may be worth buying though at least a little.
      2/1/12
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