| To: Robert O who wrote (13246) | 8/28/2019 11:39:22 AM | | From: Robert O | | | | SOLD 14,000 PVTL 14.91
+$12,800
Not bad for about a one week hold for suspense to be over. Thx rred for kudos and others who rec my posts bob coffee and RtS Ox the workhorses. I hope a few folks have got something out of these. I do well but doubt Ive beat a buy and hold S&P over the last many bull years, on average. Have other long term money in S&P index though, this is separate. But all should note this is picking up nickels for risk of losing a lot.
I real time posted that I got out of MLNX with a small profit instead of waiting out NVDA deal because I was spooked by Trump /Chinese escalating spat. Had I held instead of taking small 1,900 profit before deal close, I would currently be underwater on paper to tune of $36k. Know when to bail. Not for faint of heart but sticking with high probability cash deals and go big has done fairly well as I get less % premium, take less risk, but increase invested stack size to make dollar return worth it. |
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