I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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New-born,
I don't know about "hurricane dividends", but the regular ones have kept me in this stock to the point that the actual up and down price swings aren't effecting me so much.
BMHC finished today at 93.90, your confidence earned you an extra $11,500 today, not bad. The $100 target wasn't hit, but you now have a grand total of $1,016,837.20 with 8 possible trading days left. That's a lot of pizza. A new stop for tomorrow? Only one allowed per day.
BMHC finished today at 93.90, your confidence earned you an extra $11,500 today, not bad. The $100 target wasn't hit, but you now have a grand total of $1,016,837.20 with 8 possible trading days left. That's a lot of pizza. A new stop for tomorrow? Only one allowed per day.
billyjoe
BillyJoe,
My chart says Tuesday is a minor red day for BMHC. Up today on barely half the normal volume. I think she pulls back some tomorrow. A mere $16k profit doesn't really satisfy my thirst for profits--esp. off of a cool million, so here's what I propose to do, (if you'll let me):
I propose that she'll gap up, and then fall down. So, I am thinking about a stop in the first 10 minutes at $95, and sell her off. Then I'd like to re-enter at 2:30 pm at the market price. You know, milk more profits off of her.
If that is too much work, then simply keep the $100 stop effective. I doubt that you'll need it tomorrow.
New-born,
Quite daring plan. If it doesn't hit 95 in the first 10 minutes , just stick with the 100 stop , right? Don't know if I'll be around in the morning. If not, let me know if it hits 95 fast I'll be back by 2:30.
New-born,
Is PCU heating up again or am I just sitting in the sun? Sweet!
billyjoe
BillyJoe,
Funny you should mention this. PCU was picked by a major stock picking service just yesterday with a $59 first target, $72 second target. Metals are heating up again. I checked the chart and PCU is just coming off a double bottom and broke the neckline with power yesterday.
New-born,
Quite daring plan. If it doesn't hit 95 in the first 10 minutes , just stick with the 100 stop , right? Don't know if I'll be around in the morning. If not, let me know if it hits 95 fast I'll be back by 2:30.
billyjoe
BillyJoe,
Didn't take out the stop. The high was $94.81, but that was the buy side; the bid never got above $94.56 I think. So I am still in.
Yes, New-born, those few pennies may have cost you $32,500.
billyjoe
or a million, if it goes to 92 again. BTW, BMHC is a screaming sell right now at 93! (only if you have a million bucks riding on it not falling 1% in a week)
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