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 : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Brown who wrote (2829)11/12/2001 11:09:02 PM
From: chojiro  Read Replies (1) of 3350
 
how is that you were able to allow it to drop from $26 to $19 and not get kicked out? Where did you set your stop?

My stop on 11/2 was 19 even. It never triggered so I kept the position #reply-16607377. Than I upped it(#reply-16613515) and that too was spared. So I sit here with half the position.

<<OT>>
Most of my post was a bit on they cynical side and didn't expect such a forthright response.

Actually, I had an indoor tennis match scheduled for 8am this morning PST which got canceled and I ended up watching the market. Big mistake(g).

What irks me is I got stopped out of my RFMD position this afternoon for a .45 cent loss. I have to admit, it had been moving strong, and previously took me out of my position for about $1.10 loss last week also. As much as I hate to admit it, it sure looks like something is up with that stock. I'll watch to see how it handles the $28 level.

Of the other two positions, CIEN I've had for a few weeks now. After covering in the $12 range(and you know I've been beating up on it back and forth since spring), this is just a small position and I will try to cap it off again if it reaches 23-24. If that proves too strong for me, I'll step aside.

You could have taken a profit in pre-market hours awaiting the CC.

To add to the above note. I truthfully wasn't that impressed with the CC. Or rather the PR I read(not having listening to the call). All they did was reconfirm this Qs earnings but gave no guidance going further. I mentioned in a PM to someone this morning I believe they will have to guide lower for the upcoming quarter or the next quarter as the 10% reduction is staff in conjunction with the Qwest announcement last week or so(I also see someone posted that Lehman is expecting them to guide lower for '02 though I haven't gotten that far yet tonight). I suppose if they would have addressed the Q announcement I might have had second thoughts on keeping the position. But than that's what makes stocks go up and down(g) the uncertainty! surely I am of a minority camp with 54MM on the volume and up almost 10%, someone liked what they heard.

NVDA, it too is a relatively small position and is a result of boredom this afternoon and I'm actually up on that trade(at least as of the close today). I don't know where that one will lead me. might get out of the way, might try to stand my ground.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext