Peanut's Potent Plethora of Profit

[skiracer]

(from another thread)


Thanks, but I did not exit AEIS, I trimmed the position at 17.10 instead of my initial target of 17.40. I had another place for that money. I still hold the majority of my AEIS position. I plan on selling a portion of the position at $22.50. My plan is that I will sell enough stock of AEIS to equal the amount of my intial investment, and then let the profits run (free shares). Here's an example of what my plan could be:

buy 1000 shares AEIS at 16.15 - total inital investment of $16,150.00
sell 333 shares AEIS at 17.10 - $5,694.30
sell 465 shares AEIS at 22.50 - $10,462.50
total shares sold = 798, with proceeds of $16,156.8

After the second time that I sell, I still have 202 shares valued at $22.50/share and I also have the same dollar amount that I had when I started... so, the shares are essentially "free"

Another good aspect of this plan, is that by taking those early profits, I can stand to exit the remaining position at a lower pps than what I had initally paid, and still break even, or even profit. for example:

buy 1000 AEIS, $16.15- $16,150.00
sell 333 AEIS, $17.10- $5,694.30
sell 667 AEIS, $15.68- $10,458.56
total shares sold = 1000, proceeds of $16,152.86

so, I can take a 3% loss on 2/3rds of my position if I take a 6% gain on 1/3rd of my initial position and still be able to record a net breakeven on the trade. This is how I make money and minimize my risk as well. I do this with many of my positions.

I also walk into my major positions... buying in chunks at differring pps, rather than buying a bulk amount all at once. I have only picked up a small part of my targeted AEIS position, so far... I was tempted to pick up a few more shares today, but refrained from getting too excited.

Good plan. I do that myself on occassion. Lets you keep the money circulating while maintaining some portion of a position that you still feel strongly about. I very seldom add to a position after the initial buy, especially if the stock has gone up. I've always felt that adding to the positon after the position has risen averages the entry up and reduces the profit % and I think the mathematics will support my statement. I don't add to a position if it has fallen because I usually feel that my initial entry was the right buy point and if the stock has gone down that doesn't instill confidence in the position in my opinion. I don't feel that averaging down is a worthwhile bet especially if the stock is moving down. But that's only my opinion an is only good for me. My position sizing is based on the amount in my trading account and what % I base a full position on. I allocate a specific amount per each trade and the higher the price of the stock the less shares. The lower the price of the stock the more shares. But usually always the same percentage of the account per position. I may take a half or quarter position but that is always based on the initial position sizing according to the balance in the account.

[peanuts]

AZZ reports steller earnings, and guides higher

...
Also:
At the end of the week, AZZ will report earnings. I strongly suggest keeping your eye on AZZ after they report. Earnings should be very good. The movement in AZZ might be magnified and positively correlated with NGA. NGA reacted strongly to AZZ reporting record earnings last quarter. The real play might be with NGA, not AZZ. I'll be watching both.

AZZ up 13%, NGA up 8.46% this morning...

I really hope that SOMEONE on this board reacted to this message. I am very dissapointed that I do not have very many people behind me on these trade ideas that I post. I am getting discouraged. I really like to lead, and I'm good at it, but it seems that I have no followers here.

My only consolation is my personal portfolio...

[New-born baby]

AZZ up 13%, NGA up 8.46% this morning...

I really hope that SOMEONE on this board reacted to this message. I am very dissapointed that I do not have very many people behind me on these trade ideas that I post. I am getting discouraged. I really like to lead, and I'm good at it, but it seems that I have no followers here.

My only consolation is my personal portfolio...

Don't be deceived; you have followers. I am one.

[DSteckler]

AZZ up 13%, NGA up 8.46% this morning...

I really hope that SOMEONE on this board reacted to this message. I am very dissapointed that I do not have very many people behind me on these trade ideas that I post. I am getting discouraged. I really like to lead, and I'm good at it, but it seems that I have no followers here.

My only consolation is my personal portfolio...

Go buy a box of tampons. Do you think you're the only one here picking stocks? Did you make any comment on my post yesterday about TESS, up almost 11% on the day?

[peanuts]

Go buy a box of tampons. Do you think you're the only one here picking stocks? Did you make any comment on my post yesterday about TESS, up almost 11% on the day?

You aren't very good at making friends, are you? I did look at TESS as you posted it, and I thought to myself that based on past performance of the stock, it will need more volume in order to sustain the large advance in price. I'm actually happy for you if you own it, but it is not for me. Besides, Dave, your posts are so cryptic and nondescript that nobody can follow your thoughts on something. You need to spell it out as if we are children. You're quick to judge, as well.

Also, I think that you should look into my stockpicking more before you step up to that soapbox. I will shove the trades down your throat if I have to.

[peanuts]

Don't be deceived; you have followers. I am one.

and I am one of yours. I think you do a great job! If I have a question about a trade, I always want to know what you think.

[DSteckler]

Cryptic? What, you need your hand held every step of the way? What part of "XYZ breaking out on volume" isn't clear?

I'm here to exchange stock ideas to make money, not have a tea party or exchange deep, dark secrets.

[New-born baby]

and I am one of yours. I think you do a great job! If I have a question about a trade, I always want to know what you think.

Those steel stocks are going to move higher, don't you think?
STLD has bounced off of support and looks like she's a gonna head
back into the $60's. Do you agree?

[New-born baby]

Dhi

Horton builders have marked down their houses big time: to the tune of $85k per house. Look:

[peanuts]

...What part of "XYZ breaking out on volume" isn't clear?

Why is it breaking out? Where is it going to stop? What areas of resistance should be considered? Where is support if it falls back down? A post like that is one dimensional, it requires the reader to look deeper into the stock (not necessarily a bad thing), it assumes that it fits everyone's breakout parameters, and it is made to seem like this information should work in any market. Personally, I find no use in a post like that. Like your personality at this forum, your posts need additional work.

I don't need my hand held, Dave. I'm actually trying to work WITH you, here. I think you can offer more than what you put out. It's a half-ass effort to make a post like you stated. You can put more into it, but you choose not to. I often wonder why. I also wonder why you feel the need to be so grouchy. Every time I see your name as a poster, I automatically think that you'll have some kind of negativity to spread... it's come to be status quo for you.

[peanuts]

Those steel stocks are going to move higher, don't you think?
STLD has bounced off of support and looks like she's a gonna head
back into the $60's. Do you agree?

I like the steel sector. STLD is not one of my favorites, however. It will probably test the recent low. I like MT the most in the group- it is currently testing resistance and I think it will surpass it eventually.

[peanuts]

Horton builders have marked down their houses big time: to the tune of $85k per house. Look:

I have heard advertisements on the radio for property along a lake in Knoxville, TN that has been drastically reduced in price as well. This seems to be a trend in the industry. I wonder if they will still make money on these deals?

[DSteckler]

Why is it breaking out? Where is it going to stop? What areas of resistance should be considered? Where is support if it falls back down? A post like that is one dimensional, it requires the reader to look deeper into the stock (not necessarily a bad thing), it assumes that it fits everyone's breakout parameters, and it is made to seem like this information should work in any market. Personally, I find no use in a post like that. Like your personality at this forum, your posts need additional work.

I don't need my hand held, Dave. I'm actually trying to work WITH you, here. I think you can offer more than what you put out. It's a half-ass effort to make a post like you stated. You can put more into it, but you choose not to. I often wonder why. I also wonder why you feel the need to be so grouchy. Every time I see your name as a poster, I automatically think that you'll have some kind of negativity to spread... it's come to be status quo for you.

Sorry, but you're asking to have your hand held. I make a living trading the market and don't have 30 minutes per post to compose all the detailed information you want handed to you on a platter. I'm used to e-mailing with market professionals who know how to look at a chart and find that information for themselves.

If you don't like my posts that's fine, don't read them.

[New-born baby]

I have heard advertisements on the radio for property along a lake in Knoxville, TN that has been drastically reduced in price as well. This seems to be a trend in the industry. I wonder if they will still make money on these deals?

DRHorton is strapped for cash. Debt is way up for them, about 26% higher than last year, and they have dumped prices about that much to generate some cash flow. I bet they borrowed money at an adjustable rate!

[Tatnic]

W
I have maintained my current full position of USLM and TIII. USLM has been beaten down lately. This is most likely attributable to the current NG reserves which are priced into the stock. I am still very positive on the future for this company. TIII is steadily moving up since reaching a bottom in late August.

Current MOMO positions:

USLM avg price $29.8961
TIII avg price $3.0873
approx 40% is CA$H

USLM is a pure mining play...what do you mean by "ng reserves"?