Great question. I’d like to see it back around 25.00 but that’s just me. I think this is one of those you can hold onto and cash a few shares out at a time when needed. This thing is around $5 in a stable economy. Oil shortage and Sky is the limitWhen are we selling CPE?
Don’t forget TVIX lolI bought more CPE this am . Jimmy is gonna make me a lot of money . I bought Boeing , CPE and JNUG all because of him!!! Find more money for us jimmy !!!!!!
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WelcomeI just opened up a TD Ameritrade account and am gonna hop on board! Jimmy, you still recommend the three Storm5 mentioned as of now?
A few rules of thumb I usually go by. I’ve been trading for about 10 years and have learned a ton, sometimes the hard way.I wouldn't have figured the DOW being up as much as it is today. I suppose the idea that we're going to print money with the stimulus and the FED is going to keep helping out is balancing out the unemployment rate in today's case. I hope I'm not being head faked, but I'll probably start wading in with the cash I have to play with soon. Would prefer to see a few mostly straight days though.
Probably my biggest regret would be being chicken with Boeing stock. Could've easily doubled my money there.
At least I'm sitting on a gold mine with Google still. That company's going to take off again easily very soon.
I should've better put it as doubled the money put in with Boeing. I know, or at least have been told to diversify, because I still communicate with my dad a lot here, he holds AT&T stock, I have Verizon, but I was interested in the idea of AT&T, and he said that you shouldn't because you should diversify.A few rules of thumb I usually go by. I’ve been trading for about 10 years and have learned a ton, sometimes the hard way.
1. Never go all in on one specific stock. If it crashes or things go bad you’re in a ton of trouble.
2. Never let greed control you. When you have a good profit, always sell some or all. Those who get greedy always waiting for higher prices are the ones who usually lose money. I’ve done it before and learned the hard way. 3. Never borrow money to invest, only invest what you can afford to lose if things go bad.
4. Diversify with several investments. Look for ones with solid income history/growth, low or no debt and that is oversold especially in these times.
5. Momentum plays can be big winners but take profits when you can. An example is MFA, GPMT which both are running hundreds of percent in gain in recent days. They have strong financials and were simply oversold and now bouncing back.