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re: Kemet Corporation (KEM)

Posted on 6/7/18 at 4:05 pm to
Posted by theicebox
Member since Oct 2017
710 posts
Posted on 6/7/18 at 4:05 pm to
IS it too late ot get in?
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5835 posts
Posted on 6/7/18 at 4:57 pm to
cheers to Stout...I got in in Feb and again in April on the dip to 17.30...averaged in sub $18...
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12794 posts
Posted on 6/7/18 at 6:04 pm to
quote:

IS it too late ot get in?


Next level of resistance is $24.86. This is the mark where KEM began its up and down movement (last October/November). Currently sitting at $22.67, so potentially room to run, just have to worry about profit taking and any other geopolitical or tech event that causes KEM to come crashing down.

The company has a solid outlook and is increasing capacity this year, which means that they can begin to satisfy their huge demand, which means better earnings.

If we do get through the $24.86 level, then the mid $26s is where we go to next.

With all that being said, it's up to you to make that call. And sorry if I jinxed it, but KEM is finally getting some respect.
Posted by castorinho
13623 posts
Member since Nov 2010
82026 posts
Posted on 6/8/18 at 3:09 pm to
Sold today - 25% gain.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12794 posts
Posted on 6/8/18 at 3:28 pm to
quote:

Sold today - 25% gain.


Not a thing wrong with that.

I'm up 36%, but am trying to hold out until 50%. That's potentially really stupid given bad news on trade deals could come any day, but this stock has a lot of momentum.
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5835 posts
Posted on 6/8/18 at 5:42 pm to
quote:

trying to hold out until 50%


I, like most, have some sold gains in equities. I am 10% in cash now and thinking I should take some gains across the board in preparation for inevitable correction. But, if mid terms go Republicans way, this mutha could continue to cook.

Surely, the establishment will tank this sucker to slam MAGA.
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 6/8/18 at 9:07 pm to
I'm up 29% at the close today
Just following the crowd
Thanks for the tip!
Posted by jimjackandjose
Member since Jun 2011
6496 posts
Posted on 6/8/18 at 10:04 pm to
Sold as well. My second time in last 4 months to buy sell at > 15% each time

Buying back sub 20
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 6/11/18 at 8:38 pm to
Nice 6% bump today. It’s been on a tear lately. Happy I added more post earnings.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36761 posts
Posted on 6/16/18 at 12:18 am to
kemet is up after tariffs. will these affect them since they just partnered with Chinese company this year?
Posted by makersmark1
earth
Member since Oct 2011
15815 posts
Posted on 6/16/18 at 7:43 am to
You could sell calls at a strike above the current price.

Collect premium.
If you have to give up the shares, so be it.

If it does not reach strike price, repeat process.
Posted by Jag_Warrior
Virginia
Member since May 2015
4090 posts
Posted on 6/16/18 at 9:16 am to
quote:

You could sell calls at a strike above the current price. Collect premium. If you have to give up the shares, so be it. If it does not reach strike price, repeat process.


Sell OTM calls (to profit) and buy OTM puts (to protect). Stay at least one standard deviation out. The call sell will help, or fully, pay for the puts. But as you said, if one isn't worried about the downside, just sell calls and collect the premium.
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5835 posts
Posted on 6/20/18 at 8:58 am to
survived yesterdays sell off and now above $25
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 6/27/18 at 10:22 am to
Man, congrats to everyone who got in around 17-18
Posted by Blastoise
Seattle, WA
Member since Feb 2010
1783 posts
Posted on 6/27/18 at 11:10 am to
quote:

Man, congrats to everyone who got in around 17-18



I've got 42 shares @ $17.90, just wish I had bought more but for someone just messing around on Robinhood I am super appreciative! Thanks for the heads up on this, Stout!
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 7/9/18 at 9:28 am to
Having some real regrets about not starting a position in this one lol. I have a little extra capital right now so will probably finally start a small position on any pullback.
Posted by Sterling Archer
Austin
Member since Aug 2012
7310 posts
Posted on 7/9/18 at 9:46 am to
Coming to say thank you!! Got in back in February around 18
Posted by ntgreek00
Metairie
Member since Sep 2013
350 posts
Posted on 7/9/18 at 10:54 am to
Where do you see this stock going? Is this I buy and hold or a trade stock? I am up 39% as of today, not sure to sell and then wait to buy back in on a dip or continue to hold
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5835 posts
Posted on 7/9/18 at 12:37 pm to
I’m right there with you on a nice number of shares. Holding for now , but will take some profit soon , if I see a pullback sustained
Posted by jerryc436
Franklin
Member since Jan 2014
517 posts
Posted on 7/9/18 at 1:04 pm to
I am up 43%. With earnings coming out later this month I am tempted to sell and hope for a pullback. The stock is in a breakout now and if ETF's and mutual funds start buying it could go up more. Not sure of what to do so I will hold for now.
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