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.
Strategies & Market Trends : Lizard King's Trading Swamp
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LzzrdKing who wrote (780)8/26/1997 3:35:00 PM
From: sepku   of 7396
 
My last trade on NOVL (#10):
9 15/16 x 10 3/32
Liquidated.
Final tally was 1 11/16 on 10 trades ($200 to NDB) with just one draw. Avg position was 8000@9.98 ($79,832) Net profit: 17%.

That was a damn good day, and goes to show the long termers that you can beat their returns and still cut risk exposure to 0% by not carrying such a risky position over night. I think this takeover rumor is full of hot air. If it pans out, then I guess most of those longs will actually make some of that capital back that they've been holding from the teens, averaging down along the way, while the cash was not put to work. As for me...that was pure profit. If only I had just one of these situations per week, y'know? ;)

Style Pts.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News