Repeated from Trolling for the Whoppers
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Quote:
Originally Posted by Peter Hansen
River I sold NLIA awhile back for a slight loss......decided that since it was just laying there ..........I dumped it.
I do think ASTI may be a buy right now......look at this chart ....MAY Bounce off of its 20 EMA......What do you think ......If it rises on Monday ......I may buy it.
Pete, I see ASTI sitting on its 20 dma. But I am already pretty invested in FSLR. If solar stocks continue upward momentum, I should be okay. If that happens I may trade FSLR for ASTI (less risk/reward), so I'll be watching carefully.
Don't feel bad for me. You did the right thing with NLIA. A long time ago I rode SIRI down too, having faith it would come back, and I eventually made a double. I think you were right about the big time investors in NLIA. Maybe it's a possible buyout, or maybe they're all altruistic. (Now that's an oxymoron.) BUT BUT BUT in the meantime, it's dead money. If the market does a short term bounce, I am seriously considering taking the loss and putting the remainder into a momentum stock to try to recover it. But I won't recognize the loss until that happens. (Spike is probably laughing his head off -- and calling me an idiotic landlubber. And often I am, Spike. None of us is perfect, right?) River
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Quote:
Originally Posted by Peter Hansen
River I sold NLIA awhile back for a slight loss......decided that since it was just laying there ..........I dumped it.
I do think ASTI may be a buy right now......look at this chart ....MAY Bounce off of its 20 EMA......What do you think ......If it rises on Monday ......I may buy it.
Pete, I see ASTI sitting on its 20 dma. But I am already pretty invested in FSLR. If solar stocks continue upward momentum, I should be okay. If that happens I may trade FSLR for ASTI (less risk/reward), so I'll be watching carefully.
Don't feel bad for me. You did the right thing with NLIA. A long time ago I rode SIRI down too, having faith it would come back, and I eventually made a double. I think you were right about the big time investors in NLIA. Maybe it's a possible buyout, or maybe they're all altruistic. (Now that's an oxymoron.) BUT BUT BUT in the meantime, it's dead money. If the market does a short term bounce, I am seriously considering taking the loss and putting the remainder into a momentum stock to try to recover it. But I won't recognize the loss until that happens. (Spike is probably laughing his head off -- and calling me an idiotic landlubber. And often I am, Spike. None of us is perfect, right?) River
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