Wednesday, October 29, 2014

Tempted To Flip: UA, RAD

The rough ride continues, but there's no room for flipping at this point.  With UA down from Jim Cramer's recommended purchase price, WWE lower but holding and coughing out a dividend, and PLUG dragging its feet until quarterly results, there hasn't been that much room to trade out for RAD, which has been having a nice comeback since some disheartening losses (good thing to have sold at $8 though).  I wouldn't be surprised to see $8 again within the next year.

Apple's price is dazzling considering the buzz about Apple Pay, BABA is riding the coattails of the Pay hype, and... that's about it.  Lots of blood in the water today, with even FB and TWTR taking some gut punches due to WhatsApp's fractional return and sluggish user growth rates.

BRGOD, our only penny stock worth mentioning, had a nice 400% jump since its reverse 1000-1 split, meaning our 300 shares are now worth... half a tank of gas.  The uber-hopeful reports continue to come out, and it will nice to see a Bergio store materialize, but for the meantime it will be a long hold and I sure don't recommend repeating my experience.  We had a chance to make $115 into $450 months back and should have taken it.


Wish list:
RAD
BABA
AAPL

Glad we hadn't:

GTAT: Before AAPL's jilt, a low-10s stock soared, now at $1.  Ouch.
JCP: Go online or go home.
GRPN: Just lots of slow flopping downward.



No comments:

Post a Comment