I sold ACAT (+11%) and averaged down in BABA.
I also sold DVN to reduce my exposure to crude and bought SBNY, which will be a long term position.
If you enjoy the content at iBankCoin, please follow us on TwitterI sold ACAT (+11%) and averaged down in BABA.
I also sold DVN to reduce my exposure to crude and bought SBNY, which will be a long term position.
If you enjoy the content at iBankCoin, please follow us on Twitter
Do you have to mollycoddle unhappy investors when things are going poorly or is that a different kind of setup?
Fly, in your previous post you indicated some pretty hefty gains – was that all this year? Last year you ended with some hefty negative returns if I recall. Very nice going in 2015!
BABA or YHOO?
My losses last year would have been greater without those stocks.
Assuaging client worries is never ending struggle.
Thanks, I get it now. BTW, you sold DVN but kept OXY, SLCA, FMSA? I was thinking of picking up DVN, but am discouraged now.
I needed to reduce oil. DVN is +15
Good Dr., in regards to your previous post alluding to swings trades and short term trades, do you have that in the same account/portfolio as your long-term holds? Any insight is always appreciated.
Same accounts, yes