TRANSGAMING INC. V.TNG

RE:RE:RE:RE:RE:Thanks

[shawshank]

xsnrg wrote: Finally a post I can read in 10 secs.  Nice to see I'm rubbing off on you :)

TNG and EUO looking to explode anyday now....and I will not be taking half my position off the table about a double thank you very much

Yeah--I should have factored in that you having an attention span longer than 10 seconds was a stretch. SS

shawshank wrote:

XSNRG-would you kindly kiss my azz. Hope this post ruined your day after the morning coffee woke you up-havig 23hrs of waking difficutly for you-would bring nothing but pure pleasure.

SS

xsnrg wrote:

Honestly can you stop?  You're ruining stockhouse for me...you are on every bullboard with 1000 word essays which basically say nothing.  I skip over them but sometimes when im groggy in the morning I click on one and find out that you "sell half after a double", I dont know if you are senile or feel that repetition is the best way to get your point across but we get it...we ALL get it.

I honestly think that's your only trading strategy, guess what there is no bad trading stategies when your investment doubles lol....it's how you handle the ones that don't double immediately that defines you.

Every bullboard you touch loses all it's momentum and "bullishness" if that is a word, that's why I thought you were a basher on EUO at first but it's actually the way you post.  You aren't trying to kill the bullboard it just happens naturally.....It's unreal...

 

shawshank wrote:

 

Thanks for those wordsLogic...I was not expecting that...i gave Re 38 more of a reply than they were due.
 

The classic book "the Speculative Investor" (not the same as the book "the Intelligent Investor by Ben Graham long considered the Value Investors Bible and standard teaching at Harvard Business Schooland Graham was Buffets Mentor FWIW_good reading if you can find it)..the classic investment book "the Speculative Investor" if memory serves me correct was written just after the crash of 29 i-and s what 9 decades old in origin if that memory serves me correct ( l owned the book but lent it out a couple years back to a friend who has yet to return it) but what the author espoused  in those pagers many many decades ago...they still holds true today.

Sell half of any double in any speculative investment ...sell half from your average cost per share...and if it doubles again after you sold half and removed your principal consider selling half again...in other words if you started with 50,000 shares and practised that "margin of safety/mitigation of risk" strategy you would be left with 12,500 shares....after those two trades were engineered....I don't typically follow the sell half on the 2nd double but the books author does say it should be a practise not deviated from no matter the bullish outlook on any one particular speculative or blue chip story.

Regards  Logic....SS


 

Logicwouldsay wrote: Thanks shawshank
thanks for that reply that had a lot of meat in it
those kind of replies help people analyse more info.
and great minds can see that
although I would have a lot to say 
i see a pattern in your reply
and the pattern seem to leave an impression on a strong mind set
thus indicating one must respect that and not try to influence it with more information.
let a level be.