“Stocks are like cheese. The rat will work his way to grab a piece of the cheese with less to no harm.”
9.17.2013
Sept. 17 a JCO donut play
I received a call from one of my clients this morning- this was before I was ready to monitor the market.
He wants to add his shares on a particular stock; doubling his position on this stock now. The common question he always ask is, if it is a good buy today, hehe..
It has been a good buy to me since last year but the sentiment is still off from this sector. It is only now I am aggressively buying the stock per tranches. Well, nonetheless I have persuaded him to position anyway. I have also a position on this stock. Good luck to us.
Another story I have today was with TSI. I felt like I just avoided a 40% sell down from TSI when I looked at it later in the afternoon. I saw it when it went to ceiling in the morning and just decided to avoid instead. But back from an errand later in the afternoon, I saw the price touched 11.50 and that was the time I decided to buy a miniscule position near the close for a volatility play tomorrow. I call this buy, for JCO donut play :-)
I don't know anything of TSI...All I am sure about it is the volatility tomorrow.
I am already out of BHI. I see that there are many issues to play with than sitting inside the BHIlibid.
Good night
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