StockFetcher Forums · Stock Picks and Trading · FOUR - Do you still have HSY<< 1 2 3 4 >>Post Follow-up
four
3,394 posts
msg #129514
Ignore four
modified
6/30/2016 10:57:36 AM

Mondelez has reportedly made an offer to buy Hershey and now the stock is spiking
[Myles Udland]
June 30, 2016

Snack food giant Mondelez has made an offer to acquire Hershey, according to a Wall Street Journal report.

PS I am not holding any HSY shares :(

karennma
6,420 posts
msg #129517
Ignore karennma
modified
6/30/2016 1:40:14 PM

FOUR - Do you still have HSY << 1 2 3 4 >>Post Follow-up
four
2,976 posts
msg #129514
- Ignore four
modified 6/30/2016 10:57:36 AM

PS I am not holding any HSY shares :(

======================

Lesson learned ...
Altho' HSY is easy to trade, some stocks should just be held, otherwise you'll miss such moves as the one this morning.

EDIT:
@ Four,
I removed the rest of the message.
I talk too much.


johnpaulca
10,299 posts
msg #129518
Ignore johnpaulca
6/30/2016 3:07:27 PM

or you can master one thing before moving to another, bad habits are transferable.

karennma
6,420 posts
msg #129519
Ignore karennma
modified
6/30/2016 3:38:45 PM

JP,
Altho' I removed most of my original message to Four ('cuz I talk too much), I don't agree.
Sometimes people have to try different things to find out what they do best.
Most Options, Forex & Futures traders I know started out trading stocks.
It's a fact of life; once you understand the power of leverage, most traders will switch.
Forex leverage is 50:1, 100:1 or 200:1.
To trade $100,000 of currency, you only have to deposit $1K, thus giving you 100:1 leverage.
Heck! A $1 million Treasury bill (futures) can be traded with a $405 margin deposit. That's 2,500 times leverage.
This is JMHO. Who would balk at risking LESS of their own money to make money?
There are at least 4 famous traders whose webinars I used to attend frequently. Long story short --
what I eventually found out was, NONE of them were actually buying any stock. They were all trading options!
Leverage!

EDIT:
To each his own.
Live and let live.
This is JMHO.
Don't shoot the messenger, just b'cuz you don't like the message.

To Four or anyone else who reads this, just for clarification, I thought I'd made it clear in my original message, that due to the lack of leverage in daytrading stocks, I've personally found that I can make more money simply holding the stock for a longer term .. certainly longer than a day or two, which is currently the case with NUGT and also would've been the case with HSY .. and many others.


karennma
6,420 posts
msg #129521
Ignore karennma
6/30/2016 4:49:07 PM

Geesh!
JNUG just hit $212.24!


four
3,394 posts
msg #130671
Ignore four
8/29/2016 11:44:29 PM

http://finance.yahoo.com/news/oreo-cookie-maker-mondelez-abandons-205059472.html

StockFetcher Forums · Stock Picks and Trading · FOUR - Do you still have HSY<< 1 2 3 4 >>Post Follow-up

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