HI PJ; I started buying VUPDA at 3-5/8, bought at 3-1/2, & 3-7/16,
but have moved to MOOV..it's lower yet if the deal goes , you get
1.1 of VUPDA for each MOOV..( but the deal may not go )..so far
I got 1000 V and 1800 MOOV..I need to sell some other holdings
to take on more, ( I will if they fall much more )...I'm ready
to chase them right on down if need be..both got good book !
This type play may take several months but they are coming back,
any way the bad news about off sales might be some hype to shake
out the faint of heart..I visited the local store and talked
direct to the help; business is real good.. :-) in fact the last
2 weeks have been blow outs.
I even rented CLINT EASTWOODS , ULTIMATE POWER, and saw a bunch
of HOT new titles..so the slow rentals is history..that's the way
the news is. Bet they are buying back stock, on the sly.
I want more but out of cash right now...let em slip under 3
and I'l make more cash. Looking for at least 6 by xmass.
Got 2800 so far between them , and that's a lot for a small trader like me, you know I got the faith ! :-)
Man they got some hot titles now..lots of them, Fall is going to
Blow and go. Some of the big fund guys got these guys mixed up with
the crapy service at blockbuster. Like If intell does bad it hurts
the little simis , well blockbuster is like that with vidio and
they are causing part of this crapola..too but these guys are going
to do OK. Get in as cheap as you can, but if they start up, jump
on fast, I'v saw VUPDA jump up a point in one day more than once
this year, she closed off her low of 3-1/6 at 3-3/16 on good volume,
MOOV didn't she may open at 3, my last buy was at 3-1/16 on her.
Jim
PS keep in mind a point on these is good percentage, man I had
ACTC cheap and sold her to dam soon, made a little but not much;
when I saw VUPDA below 4 I started getting out of other holdings
to buy , but I won't sell others at a loss to do it. I can find
a few more gs with out that if I need to.
I break the rules of all the experts, I average down and hold on
like a turtle, particuarly on good book..I started GGITE some
6 weeks ago..at 1-1/16..she went down to 5/8 I went with her
but when she bounced back to 13/16th I was ahead..and bailed
out to free up cash..still think GGITE will go on up..but I like
these better. I had about 8000 of GGITE before the party was over
and only made a hair over 1/16..but I didn't let go at a loss.
I don't understand them cut you loss with stop loss nuts, I buy
em down, heck some one is going to why not me.
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