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Take the points, or hold long term? Does caps compound?

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May 12, 2009 – Comments (1) | RELATED TICKERS: DDC , IRE , TIE.DL

I have some picks that i like long term, and right now they are sitting between 50 and 200 points. I was wondering what the bears (and all) thought about holding them through this next bear.

IRE, HWD, ATN, HLX, NHYDY.PK, TIE, EWT, PDC, AAUK, CPD, FAN,

Part of my question is. . . . does caps 'compound'? Like, if i get in at $100 and lose $90, i'm out 90 points right? but if i get in at $10 and it goes to $100 (assuming simply and wrongly the the S/P stays the same) thats 100% every time it goes up 10? so 900% at $100?

Sounds like the longs will crush the shorts (when the BIG BOTTOM is in and we start the SLOW GO).

Silly questions that i 'know' the answer to, but i'm wrong so often that i like to check.

Really, if any of my 'buddies' wants to look at my picks and tell me to cut such n' such stocks, i would be happy to thank you. I am wanting to lose a bunch, and soon, but i like most my picks, and most of the others are finally moving in the right direction

Good luck, and good day.

1 Comments – Post Your Own

#1) On May 12, 2009 at 2:08 PM, TMFBabo (100.00) wrote:

I believe you have it right.  If you buy a stock at $2 and it eventually goes way higher, there's no reason to ever close it.  If the S&P 500 triples and gains 200% while that stock goes up tenfold for 900%, you have a CAPS score of +700 on that stock. 

I have a few picks of my own that I intend to keep open for years, so I can try for the "score club 500" charm. 

 

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