RE:I'll let you in on a little secret GapDown wrote:
You'll make money a heck of alot faster by shorting . Here's just an example . It took Bombardiers stock 10 freaking year to make what a short took 3 on the opposite side at the right time . That 1/3 the time !
Using leverage made it that much sweeter . 10 years wiped out in nearly 3 ! Go back and look at Oil . Again it took much less time in mid 2008 for a short to make what it took Oil to make in nearly 10 years ! Panic and fear is much stronger than irrational exuberance . Keep that in mind . Who cares what side you have to play . The end result is making as much as you can in as little time possible ,PERIOD !
But if you want to "invest" , then you better watch the cycles and get very familiar with the ones in the stock you're investing in . You'll just hold through the fluctuations within the primary trend . But when that primary trend shifts/reverses , as an investor you don't want to be holding on without hedging your bet until its next reversal point . Better yet sell the freaking thing and buy it back near its low(on sale undervalue) with insurance(options) . To hell with buy and hold when the primary shift from a peak reverses . That strategy is good at troughs . And when your retirement comes . Believe me you don't want to be needing your funds as you're holding long term in a freaking correction collapse wiping out nearly 50% of your holdings .
In fact if you think about it , it pays a heck of a lot quicker to go short at the oportune time at a primary trend peak to trough than to play the darn primary trend from trough to peak .
That is so much bs i cant even fathom it. Go short good sir. You will loose your money at this ps.
Hedging a bet? that is talk for the stupid. If you know what to do, do it. Accept the consequence and hang on. Knowing that what you did is good financially in the long run.
This stock will not hit much lower. At all. Prefs and A's will drop. almost parellel with b's. Mass exodus from from prefc.