SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 123.88-0.1%Jan 6 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: edamo who wrote (154840)3/10/2000 6:54:00 PM
From: rudedog   of 176387
 
ed -
while you are buying, I was selling. I had said when I sold the previous lot that if DELL closed over 50, I would unload to get down to my target of DELL at 10% of my portfolio... So I did that additional sale today, getting 53 3/4.

I still have a substantial position in DELL but am more comfortable with the level I have now... I realize that I may be leaving money on the table, DELL could run to 80, etc. But I think it is equally likely that this will be like the last 2 runs to the mid-50s, and we could go back to the mid-40s, since I see nothing in the business climate or DELL's plans to change what I thought when I originally decided to reduce my position.

I will continue to work my remaining position via selling calls, and let my current DELL position become another component of my core holdings.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext