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Well my first portfolio of the week pick is not panning out well. A coal stock in an energy crash is not working well. Unfortunately I own it with real money too.
Well my first portfolio of the week pick is not panning out well. A coal stock in an energy crash is not working well. Unfortunately I own it with real money too.
I wouldn't be in energy right now and I would be selling any bounces (b/c I will be shorting them )
Yup, savage week RL
All one can do is hedge or short and ride it out.
Nice bounce off the bottom Lye.
Here is end of day positioning. Some fell out of the ugly stick and hit every branch on the way down. Tragedy of the week is dmk's DXPE. Kind of what happened to my TOTG last week, only I had the sense to get out. dmk decided to let 'er ride, and boy, he's gotta be feelin' cruddy right now. Chin up dude. Was a great pick. Just not so great an exit hehe.
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