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But for a stock this expensive that's $9.5 in commission (+ chuckage), almost 20% of future profits. If you don't trade alot you're not

Posted by: JDolphin on May 10, 01:30 in response to professor smartbrain's post you can still cover and reshort to take profits

going to make that up.

Can't wait to sell Avengers and get my 67 million back. Then I can finally spend again. :) {nm} PiercingWhisper May 09, 20:08

Cover some of it, at least. Lots of other better places for a port of your size to have money working. {nm} ndmaster May 09, 22:06

While that's true, looking at this trader's current growth rate - the AVNG2 return matches that so if they don't trade much it's a safe JDolphin May 10, 00:47

I agree, if you're not really active and you're already in such a big stock it's worth it to just wait. It'll return H$235k or more per day {nm} MattW May 10, 00:52

you can still cover and reshort to take profits {nm} professor smartbrain May 10, 01:02

But for a stock this expensive that's $9.5 in commission (+ chuckage), almost 20% of future profits. If you don't trade alot you're not JDolphin May 10, 01:30

I think PiercingWhisper meant "Can't wait for Avengers to delist and get my 67 million back..." {nm} RazorHawk May 10, 06:50

RazerHawk! That's exactly what I meant. It's very steady profit now but I keep seeing things I'd like to invest in! {nm} PiercingWhisper May 10, 07:23

Nothing is having a better profit compared to Avengers now.. so I am afraid you have to stick to it for your portfolio size ;-) {nm} karspov May 10, 07:35

I wish I could have 100% of my port showing returns like avengers :) {nm} Chateau_du_Mal_Voisin May 10, 08:02

There are many things I can buy or short that will return more than $7M in the next three weeks. ndmaster May 10, 08:17

I don't understand this conversation. Anyone have insight? {nm} Fitch3k May 10, 08:32

It's about opportunity cost. RogerMore May 10, 08:42

I'm only worth 160 mil but can hold AVNG2 until delist and still have plenty left for daytrading and bonds. {nm} skunkrunner May 10, 10:03

Yeah, I'm spitballing on the portfolio size, and trading strategy counts too. RogerMore May 10, 12:53

Felt Like I was back in Eco 101. :-) Couldn't have said it better myself RM {nm} Dorfman May 10, 10:03

I'd say under 100mil. After all, my Avengers stock is worth 67. Still leaves me with 15 mil to play with. Including yesterday's IPO.:D {nm} PiercingWhisper May 10, 19:19

You missed the key part of my post "If you don't trade much". - JDolphin May 10, 12:32

I think you missed his point. He wants to cover to begin trading again. {nm} ndmaster May 10, 14:07

Do Not forget Avenger 3 you can make decent profit in the last few month mike255 May 10, 12:31





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