tens,
This is an off topic response to your post, but is relevant.
I bought 50% of my position in ISLD @ $30, shortly after the IPO. The share price began to fall, and I said, what the hell. If it was worth $30, it is sure worth $19. I doubled my position @ $19.
Right after ISLD spiked to $75 or so and started down, I entered a sell order for my $30 shares @ $62.
I felt wonderful about my trade, because I still held my $19 shares, that I felt were free.
I received my statement the other day, and found that I still held my original position. (100%)
So I issued a sell order for my $30 shares @ $136. Call me a "most happy camper".
Now, concerning BRCM.
I am long from around $100, bought around the middle of June, this year. I thought about selling after it rose to about $150 and back down to around $115.
Needless to say, I am glad I didn't.
Have fun,
Phil |
