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Did I do something wrong?
DAM, looks like the NASDAQ gods just don't like me
Got my nestegg in RIMM, YHOO, and TASR. Seemed like a pretty good combo and all three are down and my net loss just hit the $1,000 mark. Now TASR, I can see it taking a dive but why YHOO? and RIMM was just upgraded to BUY!!! |
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We'll, this money is half of a failed mutual fund I just cashed in, the other half went into an annuity.
Still holding all 3 stocks, I guess you could say I am in it for the long hual and I don't care if it takes two three years. I'm now down $1,500 on the three stocks, so you think in time they will come back? |
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kirk
now i am not being a pain here.
but i personannly dont like tech stock. i also think you should have diversified a little. try doing pharmacuticals , mining and restraurant. or things like that. so that if one industry fall the other are still there. 1500 dollar you can easily flip that if you swing penny stock. like ican and ptsn. ican go in at .0004 or .0003 . ptsn go in at .0005 or .0006. then sell at a higher price. i am not suggesting anything here. just some example of how to flip penny.. do homeowrk before you buy anything. ![]()
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Thanks ahmadckf,
Just seems like I've had bad luck, did my homework and waited till I seen RIMM coming back up out of the last slump and it got a buy rating so I bought at $76 and it usually goes to $90 and falls, did this 4 times last year. This time it didn't follow the same pattern. Same with Yahoo, dam thing was set to outperform and all the media coverage then yesterday after it has been dropping steadily since the last earnings report also got a sell rating. and we all know, TASR is TASR and no need to say more about it. Guess I am a little frustrated now, specially since I just did the taxes and H&R block charged $300 because of all the trading I did. Going to pick up my return today, good news is I don't owe uncle sam but I don't get anything back either.... |
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hmmmmm
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i thought you did your own homework. remember those buy rating are just for them selves. they come up with the rating by doing their homework. so their rating might not be your own rating. plus they might be thinking a few thosand investment and you might be thingking a few hundred bucks investment. so always dont listen to anything or anyone. doing your own homework is the best thing . dont worry keep trying. everyone have to lose sometimes. donald trump lose all the time. ![]()
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Thought I did do my own homework, even as much to watch the stocks I'm in for months before I bought. Thing is it looks like it don't matter what stock I touch just goes bottom up after I buy into it.
And as right now, your right I'm not paying attention to the buy/sell ratings as much as I used to and making my own desision I'm determined I am going to hold these three stocks I don't care if they go down to have the price I paid, they half to come back up sooner or later, I hope, LOL. |
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thats right
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dont sell at lose. ![]()
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Ok, here's a good example. What the hell is going on with RIMM?
Average volume is usually 6 MIL, yesterday and today the volume is double and it's also down $4 a share and last I looked the volume was 13Mil? However there is no news on this stock to make this kinda volume? |
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Also do a double diversify, not only diversify your industries but your strategy as well. I invest in growth value and momentum. Growth and value are mid-long term strategies (depends if you swing or hold) and Momentum for your short positions. Works out pretty well since most people end up having some pocket change in their portfolio that they dont know what to do with.
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We'll, I subscribe to Jim Cramers reviews and I just got this E-Mail from him through www.thestreet.com
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Now RIMM was down to $60 a share and was in the red $1,000 Monday on it alone They settled with NTP on the patten dispute and went up overnight and now in the green again a couple hundred dollars ![]() Now see the pattern I have been following was buy, get scared when it drops and sell the siht. Then, overnight or afterhours the dam stock goes up $10 a share and I think siht BUY!! just to watch it loose the next day. Not this time. Quote:
Last edited by kirk1701 : 03-16-2005 at 05:51 PM. |