About Me
- Name: beanie11111
- Location: USA
The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!
4 Comments:
Beanie, are you still holding on SIMC. When do you plan to sell it if it goes down?
-Alan
I sold SIMC already at a higher level than this. It is not a good idea to sell it now, since it is near support. Sell only if it breaks $6.9. The fact that it is still above $7 all this time is very positive for the stock, especially in a down market. There is alot of interest. I would not be suprised at all if they run it next week.
I will definately buy back with a break of 7.45, or if it stays above $7 by the close.
OT:
I have no doubts that GEOI will trade above $12 by next Friday. Of course that is just my opinion.
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