[quote=ucodegen][quote=flu]Lol. Sure. Though I don’t own either VLO or VLP anymore…. Sold VLO around 52.5 and sold VLP around 46 about 2.5 weeks ago….
Now I get to wait for the nice tax bill.[/quote]
Much better than having a loss/loss carryover. I’ll keep an eye on those two to see if the history repeats. I had BSTE(Biosite) quite a while back. Picked it up near the bottom before it got bought out. A lot of naked shorts on that one, that did not want to admit their screwup. Nice gain (big tax bill). I’ve had RMD for the run up too.. got too much of it (too large of a % of my portfolio – increases the risk too much). I should have re-allotted my account when I saw it at 55.
[quote=flu]Maybe I’ll short 200 shares of qualcomm just for completeness so some of you piggs will be able to afford your million+ homes when it passes $100/share…
And no worries, I’m sure we’ll see VLP go over $50 now and VLO go to $60…. Since obviously, it happens..after I sell….
Kinda like NXP Semiconductors which is over $50 now…[/quote]Interesting that you are considering shorting QCOM. I recently looked at S&Ps rating for QCOM.. using their ‘star’ rating.. it was 5, effectively a ‘buy’ rating. I’ll be looking into their 10K/Qs soon.
I’ll take a look at NXP in the next week or so.[/quote]
Damnit.. I told you so.. I’m totally the contrarian indicator…
1. vlp 37.38/share after hitting all time high of 38.10
2. nxpi 55.60, after hitting 52week high of 56.24…
Need I say more?
I was kidding about shorting qcom. It’s just that I figure if I did things would go up, and I would like to make my friends richer who either work there or own shares….