Skip to main content

2011 Aug - Exit decison. Covered my leveraged Short in SINA and PCLN too soon. Oh no.



I knew it. I have been following these for 6 years. But I shorted SINA and PCLN 4 weeks too early in June and was pushed by my 10% cover call. I have made a loss. And now sit on the sidelines as I see my forced out of bet go in the money by 5%, bummer man!!!
Was it the right decision to have this kind of exit decision? Was it onsistent with my list? Did it fall or rise in the next years like in Aug 2012 or Aug 2013

Comments

Post a Comment

Popular posts from this blog

2005 June - What Tech stocks look good? SYMC INSP IACI. Prioritising use 50d 200d attributes rather than outer group circumstances

Which top stock is heading for their 4th dip in 4 months? I feel these are ready for reverse throws up, SYMC, INSP and IACI. They are touching their 50 day or 200 day moving averages. I will invest 150% of my portfolio for four weeks, the second week in May and then short the same stock 100% or a weak stock that is hitting its 50d or 200d moving average.
Post a Comment
Read more

2016 May - Seek answers to new questions. Templeton

" The wise investor recognizes that success is a process of continually seeking answers to new questions using bets."   - JOHN  TEMPLETON " THERE’S NO FREE LUNCH " Never invest in an initial public offering (IPO) to “save” the commission. That commission is built into the price of the stock.  DO NOT BE FEARFUL OR NEGATIVE TOO OFTEN. For 100 years optimists have carried the day in U.S. stocks.  Even in the dark ’70s, many professional money managers and many individual investors too  made money in stocks,  especially those of smaller companies  OUTPERFORMING THE MARKET IS A DIFFICULT TASK BEGIN WITH A MEDITATION - LEARN FROM YOUR MISTAKES. Forgive yourself for your errors. DON’T PANIC. Don’t rush to sell the next day.  The time to sell is before the crash, not after.  Instead, study your portfolio.  If you didn’t own these stocks now,  would you buy them after the market crash? AGGRESSIVELY M...
Post a Comment
Read more