I only have 1k of SBAS. I did have 6k but locked in that profit. I was looking for more of dip on Friday. It wasn't to be. A golden rule of mine is to never buy back into a stock that has just made a run and pay more for it than what I sold it. I lost so much money getting antsy and thinking the stock will leave without me, because 9 times out of ten, I get back in on the high end.I traded 2k of SBAS from $4 on a daily basis til Friday. I had 2k, then Friday morning, I bought 4 more just before the run, because I saw your buddies (ISLAND) hot and heavy on that bid.
I have made more more money in the past 3 weeks than I have the entire year. Stocks seem to run this time of year. Why, I don't know. Next summer I am going to take off the entire summer. I always lose a lot of money in the summer. Why, I don't know. My wife has been awfully kind to me lately.
NTPL, still holding and waiting for some kind of Buy recommendation on that one.
No major sell off on NTPL. A lot of large blocks have been going off in NTPL. I put in a limit order the other day to buy 500 shares on NTPL and it took more than 30 minutes to get it filled. No one has any shares they want to sell.
The shorts, what little are left on NTPL will begin to cover, because the stock is not tanking. THEY will push us past $9.00 next week. JMHO
SBAS, I think it still has a lot of gas in it. The bulls are running wild on Yahoo. We could open up above $20. We could open up @ $7.00, which is highly unlikely.
My Grandpappy said, a profit is a profit is a profit. "Get out of those high volatile stocks and buy some Mutal Funds."
I always told him, "you didn't have the internet."
Thanks guys and gals for all of your wonderful tips, ideas, and words of wisdom.
HAPPY HOLIDAYS! |
