You are quite welcome. I still can't believe all the "stuff" at that site. Here it is again for those of you reluctant to click the first time:
dailystocks.com
What a day for one of my faves -- CXIPY !!!
I sold covered calls when the stock was at 60, then it promptly declines to about 52. Nice trade on my part, but what a crazy move -- from up 6 to down 2. No matter, it's a money maker and will move higher.
I am busy day-trading some of these boys, and am proud to take a half point or a whole point now and then. I bought some MIND just above 27 and expect to trade out of it in the morning for 1-2 points. I keep my core positions, and just slip in and out like a thief.
This sector is FAR from dead. Don't be scared, and don't listen to the people that HAVE to write something. (I used to be a writer for some news rags myself and I know what they go through in order to fill space.)
For anyone that is interested, my sector fund includes:
FGII, GW, MIND, NE, MDCO, RDC, GGY, NSS, VPI, CXIPY, BHI, SLB and the cheapest stock in town -- CKH
Watch for MIND to broach the 40's as earnings go to 1.50 and the PE stays around 30. It's a steal at 27+ |
