Jiesen tries to take over the world

[jiesen]

sold some of my XING today (~1%)

I sold some XING today at the close (~1% position and at about breakeven for these) to reduce exposure a bit and free up some cash, since I think that the market may be getting ahead of itself. I'll probably use it to buy something else tomorrow or next week... or I'll just sit on the cash and wait for a large drop in prices that's sure to happen pretty soon, and pick up something on the cheap. I may just pick the shares of XING back up if it gets back down to the low 7's.

well, I'm rambling on a bit too much now, so I'll just shut up.

[MickyMouse]

I sold some XING today at the close (~1% position and at about breakeven for these) to reduce exposure a bit and free up some cash, since I think that the market may be getting ahead of itself. I'll probably use it to buy something else tomorrow or next week... or I'll just sit on the cash and wait for a large drop in prices that's sure to happen pretty soon, and pick up something on the cheap. I may just pick the shares of XING back up if it gets back down to the low 7's.

well, I'm rambling on a bit too much now, so I'll just shut up.

No, it is never too much. I enjoyed and learned a lot from your posts. Thx. Please keep going. What's the old saying? The more the merry.

Micky

[jiesen]

Well, I found a place for the XING money in LJPC today at 1.56.

[canaveraldan]

Any thoughts of swing trading AMZN

Amazon is down 16% at $35.

[jiesen]

Amazon is down 16% at $35.

I'd say go for it. AMZN makes money like like a mint. The 16% drop isn't justified by the reasons given in the latest news. Bezos knows what he's doing with the capital expendatures. They are the leader in the online sales of books, and probably next to Ebay for everything else. I don't think that's likely to change... if it does, then I'd think twice about AMZN. That said, I don't own any, since I don't really follow the company. Maybe I should, and if I had been paying attention to it, I may have bought AMZN today.

Anyway, that's just my opinion- please don't base any decision on what I say!

[jiesen]

sold 1/2 of my NGPS

sold NGPS today (half of my position) at 24.5. This is just under my target of 25-30, but it is much sooner than I was planning to get it, so I'm just taking it now while the offer's on the table. I'll get more out of the other half, I'm sure, but I'll rest easy knowing I already got my 20% out of these shares... even if we go sub 20 now, I'm still ahead on NGPS, and at that point, I may just reenter for another go.

[jiesen]

I just put the proceeds from the NGPS sale into AFT at 3.4. Trying to further diversify my communications holdings. Also, I like the 1000%+ revenue increase.

I think I need a stop on this one though, probably at 15-20%. I'll have to figure that out tonight.

[jiesen]

sold some XING at 8.05

sold another ~1% position in XING today to further reduce my exposure to it...

[jiesen]

sold 1/2 of my AFT

my limit of 4.3 just got taken out while I was at lunch. I just threw that out there just in case... wasn't really expecting it to hit, but shoot, 30% in a week... I'll take it! I don't know if I should hold onto the rest or not, since I could get 4.4 for it right now...

what to do? I like this kind of dilemma.

[jiesen]

got my NGPS back at 20

I just bought back into NGPS, (doubling my position) for $20. I think this could easily go up to $30 and beyond, but I'll take $24 again if we get there soon enough...

[jiesen]

I just put ~1% position in DCS (a dividend & income fund) for long-term, probably at least 5-10 years unless something really unexpected happens. Got in at $19.1.

[jiesen]

I just bought another CME contract (Mar 230) for $1. I thought last month that CME would trade above 230 by March, and I still do now. I admit this is just gambling, but I still like these odds.

[jiesen]

Just bought back some XING (~1% position) at 7.08. Had the limit order out there, and wasn't really expecting it to hit, but it did... I'll probably sell this when it gets back to 8 or so. I am considering putting a stop on these shares around 6.5.

[Websman]

Good luck on XING. It looks like you're doing well so far this year.

Call me a chicken, but I'm staying out of the market for now.

[jiesen]

Good luck on XING. It looks like you're doing well so far this year.

Call me a chicken, but I'm staying out of the market for now.

Thanks, I might very well need it. Yes, my trades have been working out pretty well lately, but my overall port is another story... remember, XING and LJPC are (and have been for over a year) my largest stock holdings.

http://finance.yahoo.com/q/bc?s=XING&t=1y&l=on&z=m&q=l&c=ljpc

If it weren't for $$MM here, I'd be having my ass handed to me by the other Mr. Market.

The market's always scary, but you have to be all in at the (seemingly) worst possible time if you want to make the most out of it. But everyone needs a break sometimes, so enjoy it now, I know you'll be back in it sooner or later!