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You missed the key part of my post "If you don't trade much". -

Posted by: JDolphin on May 10, 12:32 in response to ndmaster's post There are many things I can buy or short that will return...

But I did make a mistake in calculating Piercing WHisper''s rate of return 12%  for him is $10 mil a month or $5 in 2 weeks which is AVNG2 return but I didn't think that this month is only 9 days old (oops)  so that would then be a poorer return.

But I still stand by my "if you don't trade much" - leaving your money in AVNG2 is a nice safe return and if traders move the stock down enough you can cover it much sooner

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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