CNNX ==> The Cubby Winner

[jiesen]

and I'm out too, since my limit order hit at 25.2!

[jiesen]

Yes both AMAT and CNNX look amazing, and will no doubt be the next 2 HUUUUUUUUGGGGGEEEEEEE winners in short order! (or should I start saying YUUUUUUUUUGGGGGEEEE now?)

Oh snap! So close to a win with AMAT today. I saw 14%, was about to sell it at 36, but held out for the full 15... ah well, better luck next week, I guess...

[billyjoe]

Jiesen, I'd be buying more CNNX and AMAT if I had some settled funds today. AMAT's chart is a thing to behold. CNNX raised its dividend and we'll be getting that Tuesday.
-------------billy

[Louetta]

Jiesen, I'd be buying more CNNX and AMAT if I had some settled funds today. AMAT's chart is a thing to behold. CNNX raised its dividend and we'll be getting that Tuesday.
-------------billy

Billy, do you have a margin account? I'm not saying you should be on margin but if you are using a cash account and change it to a margin account you needn't worry about settled funds (unless you're fully margined, of course).

[billyjoe]

Trading is all in IRA or Roth.

---------billy

[blindsquirrel]

Trading is all in IRA or Roth.

---------billy

I was just reading an article about margin and IRA accounts. I learned a new term - "Limited Margin": Lookie here: https://www.fidelity.com/learning-ce...in-trading-IRA

[jiesen]

I was just reading an article about margin and IRA accounts. I learned a new term - "Limited Margin": Lookie here: https://www.fidelity.com/learning-ce...in-trading-IRA

My Scottrade account (an IRA) lets me trade using limited margin. I never knew that that's what it's called, but I have been doing it for years, and seldom worry about 'settled funds' when I trade, as a result. I've gotten the wrist slapped a couple times for violating the 'good faith' rule of not selling before you're supposed to... but that's all it is really, just a slap on the wrist... so definitely something to look into if your IRA isn't yet set up for it.

[riverbabe]

My Scottrade account (an IRA) lets me trade using limited margin. I never knew that that's what it's called, but I have been doing it for years, and seldom worry about 'settled funds' when I trade, as a result. I've gotten the wrist slapped a couple times for violating the 'good faith' rule of not selling before you're supposed to... but that's all it is really, just a slap on the wrist... so definitely something to look into if your IRA isn't yet set up for it.

My Scottrade allows me only one margin account. So I can't get even limited margin on any other account, not even IRA.

[jiesen]

My Scottrade allows me only one margin account. So I can't get even limited margin on any other account, not even IRA.

that's odd. I have 3 different accounts with them, a cash account, IRA and a Roth IRA. All 3 allow margin trades (limited for the IRA's). Not sure why they only allow you to have just one... maybe it varies by branch, or something?

[riverbabe]

that's odd. I have 3 different accounts with them, a cash account, IRA and a Roth IRA. All 3 allow margin trades (limited for the IRA's). Not sure why they only allow you to have just one... maybe it varies by branch, or something?

Hmm... will check tomorrow.

[jiesen]

CNX sold (again)

that's odd. I have 3 different accounts with them, a cash account, IRA and a Roth IRA. All 3 allow margin trades (limited for the IRA's). Not sure why they only allow you to have just one... maybe it varies by branch, or something?

So.... I just sold my CNX (formerly CNXM, formerly CNNX) at a 15% profit (again). Thanks again for this awesome pick, $$MM!!! YOU ARE HUUUUUUUUUUUUUGGGGGEEEE!!!!

I honestly can't figure out why I still had CNX today, since I know I sold it when you did. Probably has to do with the fact that I have multiple TD Ameritrade (formerly Scottrade) accounts, and might have sold one account's CNNX but forgot about the shares I held in the other one...

Anyway, it just now came back to the 15% target again, and I'm out of the rest as well with my 15% gains.... whew!