Show Your Cards

[Lucavia123]

I thought it might be fun and educational to show all our hands. Which stocks we currently own and at which price we purchased. I figure this could give us ideas on what is out there and could fuel some great discussion on what we have and why we have it.

I'll go first:

TWER - purchased at $4.41 - Reminder for me not to hold through earnings.

CTSH - short at 59.92

BIG - short at 35.97

[Deaddog]

The Old Dog is sitting in cash.

I’m primarily a long trader. Not that I’m afraid to play the short side but Canadian tax law makes it unfavorable to take shorts.

We will see how the next rally goes and I might jump into the short side with some bear ETFs.

[em26jamie]

TNH - bought at 67 back in 2007 and been reinvesting the dividends.
AGNC - 28.34 this year and plan on reinvesting the dividends for the long term.

Everything else is cash and gold.

[Skrumpa]

x

Right now I have:

TZA, FAZ and SOXS all long - These inverse funds work well in bear markets ... like now

AGNC - have a few hundred shares left. Sold most of my shares in my IRA account this past week.... but looking to buy back ( scale in ) about 3 to 5K shares a few weeks before the X-div date.

When the market bottoms out, looking to buy UA and MNST

I've been a full time swing trader for 14 years.

[billyjoe]

I'm playing 2 hands. Here's the one I'll show.

PM from 42.66

AAPL " " 192.15

NJR " " 32.87 and 31.78

HQL " " 7.56 and 9.61

FCZA " " 4.18 and 4.59

4 of the above pay dividends

My other hand might be good or I may be bluffing.

------------billy

[skiracer]

I'm playing 2 hands. Here's the one I'll show.

PM from 42.66

AAPL " " 192.15

NJR " " 32.87 and 31.78

HQL " " 7.56 and 9.61

FCZA " " 4.18 and 4.59

4 of the above pay dividends

My other hand might be good or I may be bluffing.

------------billy

when you dont tell the truth you are only deceiving yourself. That's not a bad board.

[billyjoe]

Ski,
It's all true. I'm happy with my deck of cards.


-------------billy

[Lucavia123]

Just covered my short on BIG.

Been burned going into earning too many times.

[Lucavia123]

Short XRT at $58.29.

[Deaddog]

How's every one doing??

The Old dog is still sitting mainly in cash.
Started a position in TC and am underwater about 7%.

Over all effect on the portfolio is less than 1%.

Anyone else want to admit how badly they got beat up in May?

[Lucavia123]

Still sitting on TWER - waiting for good news and profits to take this one higher.

Covered my postions in CTSH yesterday. Made a quick 5%. I thought the market would bounce up today rather than crash and burn.

Still holding my short on XRT. Doing well today.

Looking for some new positions.