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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Coz who wrote (8466)4/24/1998 3:12:00 PM
From: LastShadow  Read Replies (3) of 120523
 
COTTF

Why would buyouts be off? They are much more lucrative when earnings and prices are down. Much more leverage especially in the case of takeovers. The other reason to hold is that this is in the Position Trading Account, although I am not sure how many people care about th logic any more. In a Position Trading system like this, one is holding for substantial increase over a longer window thatn a day trade or even week trade. The stock price is down, it has potential (even if that is under merger) for substantial appreciation, and is below a normal stop loss. If it bases here, I would average down when it looks to move again. The other thing going for it is that as a consumable/beverage, a correcting market will return to thiese sectors for accumulation and that will drive the price up.

But for a short term trade, I would have exited as it went from 5-8% below my entry, so you are right. Hopefully I differentiate the Position Trading Acount from other types of buys, but if that isn't coming through, please let me know.

lastshadow
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext