Seeking Alpha
  • BTD70
    That's funny. Tuesday my whole list was green, except QRE red. Today, just the opposite. Big sigh-of-relief LOL.
    7/5/12
    Reply (17)
    • DaLatin: Bret Jensen power :>)
      7/5/12
    • BTD70: Some analyst?
      7/5/12
    • BTD70: Wonder if anyone took profits today, or if folks are salivating over that divvy. Don't worry, DL, I know which camp you're in!
      7/5/12
    • DaLatin: Brian,Bret is aok SA author ! Love divvys & just grabbed QRE on OM tout.Im up&want div,but,have tight STOP in. Dont ride down.I'llTake cents
      7/6/12
    • BTD70: I read Bret's piece-as beginner, I am wary of articles by people who have no position in stock they are writing about.
      7/6/12
    • DaLatin: Funny. He was slammed as a hedge guy ! He does his homework !
      7/6/12
    • BTD70: I am surprised and interested you have a stop on this, more on that later.
      7/6/12
    • DaLatin: I would never own without a stop. 55 years in bussiness if client wouldn't use one I dumped him/her. Fools dont use stops. Investors do IMHO
      7/6/12
    • BTD70: Interesting! Daily fluctuation makes stopping this difficult. My theory is coming dividend is a little "built-in hedge"--wishful thinking?
      7/6/12
    • DaLatin: Yes.. See PGH.. CEO Said div was o/k and 20 days later slashing 40%.. Stock tanks Can't own a symbol naked ! Never !
      7/6/12
    • BTD70: Remember, I do not watch that closely--some days barely at all.
      7/6/12
    • DaLatin: All the MORE reason 2 have a stop.Come back online & your down 20-30-40% & C that it was sold all the way done & ya coulda shoulda woulda ?!
      7/6/12
    • BTD70: You are of course right, and I set a stop @ 16.85 (between 2-3% profit). I still have ?'s re: entry and getting the trade to "house money"
      7/6/12
    • BTD70: but with this one I can go spend day swimming with kids and not worry about it. Thanks!
      7/6/12
    • DaLatin: pura vida.. Imagine a 2% gain each week and take off 2 for vacation ! You double your $s
      7/6/12
    • BTD70: Just in. Left $ on table (stopped-out) but....my mistakes used to COST me 3%, this one made 2.5% so.... : ) and onto the next thing.
      7/6/12
    • BTD70: Stop was too tight I guess.
      7/6/12