Value Investing Message Board

STOCKTALK

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 : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NikhilJog who wrote (47981)	5/15/2012 5:53:03 PM
From: E_K_S	Read Replies (2) of 78451

Hi Nikh - On this lot of SVU it is a "Value Swing Trade", which means short term 2-3 months. I collect the dividend, allows me to lower my cost basis on my current holdings by holding 30 days and will sell off some high priced shares on any move above $6.00/share. For me, it's a Low risk/High reward. I still maintain my long term position if/when any sustained move higher in the stock, but also provides me the flexibility to sell high priced shares (after 30 days) and book a loss to offset other gains. In this 30day window I collect a dividend too. I really want to deploy these funds into TSCDY (Tesco) but w/ all the issues in Europe, I am parking the money in SVU (for reasons explained above) and move back into TSCDY in 30 or more days and at a price less than $15.00/share. I did book a small gain in my TSCDY I sold today. At least that's the strategy but it really only works best for my situation. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next