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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (44203)1/18/2013 10:16:39 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222297
 
It would be fun to watch them and paper trade those things for fun, but I wouldn't put real money on any stocks, I have no trust or faith in the performance of individual stocks...

GZ



To: Augustus Gloop who wrote (44203)1/27/2013 1:55:54 PM
From: Fintas  Read Replies (1) | Respond to of 222297
 
RE GEN. Just took a look I see 10% up with a 30% down after. Your target up is doable. Yet with the financials a bit toppy I'd let it peak, roll down and come in for that eventual move to 16. Meaning if one buys it now yes it could push a bit.. But it will stall, roll down the % suggested and then turn UP. Patience is what one learns and here it would apply for the long side.

Just my opinion and I'd also say one could do as well with BAC and just grab it at areas I've suggested in the past. Under 10 is probable for the higher upside % wise ie. 19/27/34 in time. Also options have more ooomph if one can catch them on a sell off and understand realistic targets, premium etc.

Disclosure I'm long BAC and do trade around it with leaps and covered calls.

Fintas