Now, people would say, "hey, if there's talk of buy outs, why not hold on? If NWA posts a profit, if the unions back off, if the price of gas stays low, if if if if if..."
All fine and dandy, but to all my colleague toying around with the idea that NWA (as well as Delta) might be worth the buy, you might want to consider this first;
Bulls win. Bears win. Pigs get slaughtered.
2 comments:
Exactly why I place protective stops under all of my trades as soon as I'm in, then move them up to lock in gains as my winners run. Learned the hard way, naturally...
What do you think of trailing stops? Ever used them?
Hi Paul,
Don't usually employ them. I teach a class on stock valuation, but it's from a fundamental analysis point of view, not really a trader. I do use stop limit orders thoguh, however most of my investing is done in real estate.
BRad,
Cripes, offer a stock recommendation? I could see the litigation line up if the price dropped to $.40 per share.
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