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re: Anyone else thinking of pulling back on the stock market?
Posted on 7/18/14 at 5:25 pm to Rockerbraves
Posted on 7/18/14 at 5:25 pm to Rockerbraves
The last big move I made was the GoPro IPO. Bought at 30' sold at 38, bought again at 35 and sold on the way down at 44. That's all liquid now, though. The 3D sector gave me a jump a couple of weeks ago, but has steadily declined since. My stop losses protected my gains somewhat but the top did get chopped off quite a bit. 
I might have to make a run at the Alibaba IPO just because of the hysteria, take what I can get, and get out completely. The famous predictors of gloom and doom have spoken, and I have no reason to continue trying to buy into a market at all time highs.
I might have to make a run at the Alibaba IPO just because of the hysteria, take what I can get, and get out completely. The famous predictors of gloom and doom have spoken, and I have no reason to continue trying to buy into a market at all time highs.
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