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Thanks and by the way the Welch's thing is hilarious. In my opinion it matters since is the point of reference for your position,

Posted by: Guillo (a.k.a HSXGuillo91) on Mar 05, 05:51 in response to Jelly's post Price paid doesn't matter.

For example

like RogerMore said there are some times that fliping is too much. The flip could eat away your expected profit. There have been cases that you need to make 4 points or more to match the comish and then have profit. In such cases you keep more of your earnings by doing nothing. If you have the same scenario you may consider also that is to much to cash out because there is always the potential to make more profit and if by some reason you loose you still in the plus side.

Look at secretstalker stament, he has his limits too to where he will change his position. In any case the price you paid helps (rather determines if you are long or short). 

Also how accurate you are ? or perhaps possibly (without intention) mislead people looking for direction

when you say Long in this stock when you either adquire that stock at a diferrent price (flipping or not a later time) or the price of that stock is not fixed yet meaning you say you thought long but price movements (very common at fridays) may make you flip or cash out at a later time. Does that "long" you post now it means that you will buy long if Alice got to 250 (example) in the next couple of hours?

To me is a thing of being more accurate and in no way I am implying or saying that others players should do it, everyone has its ways.

Gut Checks time? Long on Alice and Short on Brooklyn's Finest {nm} Mattrek Mar 04, 23:42

Same here {nm} ReaperXXX Mar 05, 00:16

Yep, the same!! {nm} dc82 Mar 05, 00:40

Alice is priced exactly right in my opinion, so not playing that one. Short the guys-film {nm} JMT Mar 05, 00:41

Long on Alice, not playing the finest. Think Alice will shift small numbers up (or down) {nm} pongena2 Mar 05, 02:45

Same! {nm} eyescovered Mar 05, 03:50

Same here for the weekend. {nm} joeoftexas Mar 05, 03:59

Short on Alice, not playing Brooklyn. Think Alice is still priced a bit high--smaller opening more likely than HUGE opening {nm} RedBurnett Mar 05, 04:06

Long Alice @ 191.23 Short Brooklyn @ 37.04 {nm} Guillo Mar 05, 04:42

Ppdm! {nm} RogerMore Mar 05, 04:54

Sorry really bad with acronyms. Ppdm?? {nm} Guillo Mar 05, 05:02

Price paid doesn't matter. {nm} Jelly Mar 05, 05:04

Thanks and by the way the Welch's thing is hilarious. In my opinion it matters since is the point of reference for your position, Guillo Mar 05, 05:51

I was joking - PPDM is a catchphrase, and you'll normally see it when someone says "I bought STOCKX at $5 and it adjusted to $200". RogerMore Mar 05, 07:11

It's not an acronym. It's an initialism. An acronym is something like NATO, radar, or AIDS ... {nm} HansRott Mar 05, 06:47

You are right. I should have said abbreviation or initialism. Guillo Mar 05, 06:58

Thinking about it, PPDM is probably neither as the only place I've ever seen it is here. Between ... HansRott Mar 05, 10:16

Good thinking, but.. Shouldn't you be out sieging a skyscraper, somewhere.. ?? {nm} Facto Mar 05, 14:50

I think I'll keep ALCNW long (too much to flip and downside risk is low IMO) and BRKLN short. CAINE will play both openers too {nm} RogerMore Mar 05, 04:56

Same here, but I got a high mark on ALCNW and a low mark on Brooklyn... either passes it and I'm reversin' {nm} secretstalker Mar 05, 05:01

Long ALCNW. {nm} Jelly Mar 05, 05:04

Long on ALCNW, pass on BRKLN MiyazakiFan Mar 05, 06:02

Long ALCNW, waffling on BRKLN. {nm} second gary Mar 05, 06:34

[KIDS] is long on [ALCNW] KidsFund Mar 05, 06:53

Very Long ALCNW, I still think people are underestimating it's opening power- don't see enough movement in BRKLN to play {nm} bennyboy10 Mar 05, 08:10





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