a rare marketsurfer stock pick

Quote from Silvain Garnea:



marketsurfer,

do you have a stop loss on TASR? The stock has run from $12 to $80, and I think it's risky to purchase it here. This is why I ask for a stop loss.
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no, i don't have a stop loss or target on this trade. holding from 80.

surfer
 
Quote from Silvain Garnea:



Be careful on this stock. In July I could have bought it at $12. Be careful "liking" it at $78 four months later. That's why i'm asking your stop loss.
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I wish you would have addressed this point I made. Maybe if we had some dialogue, I could have talked you out of buying. I follow tasr very closely.
 
Quote from marketsurfer:

smack down in TASR today. i am still holding long with very wide stops at 69.93.

:(
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Get ready to be stopped out this week, if you hold to that stop price.
$10 loss in a few days, I'm glad you have $$ to burn.

Of course, since I'm short the stock, i'll be collecting whatever tuition you end up paying to Nasdaq University.:p
 
Quote from Silvain Garnea:



Get ready to be stopped out this week, if you hold to that stop price.
$10 loss in a few days, I'm glad you have $$ to burn.

Of course, since I'm short the stock, i'll be collecting whatever tuition you end up paying to Nasdaq University.:p
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ok. when did you short ??

surfer :p
 
Quote from marketsurfer:




ok. when did you short ??

surfer :p
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on 12/1 @80
on 12/2 @82

If I fully stuck to my plan, I would have done another 1/3 12/3 @ 84. But sometimes you have to use your noodle over your pre-fixed agenda. So I missed hitting a home run, and getting the 84 sale, as my noodle was on the defensive.

I hesitate to write this, because it has never been my style to talk after the fact. But, I did go on record warning you immediately after you posted the symbol. And short was my game plan, so that's why I thought you were considering it as a short. I gave you my reasoning twice here. It's hard to like a stock @ 80, when it traded @12 in July.

I'm a buyer @ 70. 10 points in a few days is enough for me. I'm no pig, and I usually stick to my gameplan.

I wish you no ill will on this or any other trade. I give you respect for giving a symbol, and sticking your neck out.

I disagree with your comments to Inandlong about TA. I make my living off of it. But maybe I misunderstood the argument. Anyway, Inandlong is a good guy, and I hated to see the jack rabid/marketsurfer/inandlong thing in the end. It was wrong.

If you don't mind, I will check in with your report in the future, and any time you have a symbol that falls into my radar, I'll throw my 2 cents in. As I said, you get my respect for naming a symbol. This is what's sorely lacking around here: specifics!!
 
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