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UPS Retirement Topics
UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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<blockquote data-quote="brownboyups" data-source="post: 1134426" data-attributes="member: 45947"><p><strong>Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20</strong></p><p></p><p><strong>ECT $12.70...-.04 (-.31%)</strong></p><p><strong>daily range $12.45 - $12.81</strong></p><p><strong>----------------------------------------</strong></p><p><strong></strong></p><p><strong>an article was posted about ECT today...the guy who wrote the article wrote a lot of doom and gloom</strong></p><p><strong>about ECT in march and the stock went down around $6.00...he is shorting the stock (making a profit</strong></p><p><strong>from the stock going down)...this is not good news...here is the article</strong></p><p><strong></strong><a href="http://seekingalpha.com/article/1417821-eca-marcellus-trust-distribution-falls-35-sequentially?source=yahoo" target="_blank">ECA Marcellus Trust - Distribution Falls 35% Sequentially - Seeking Alpha</a></p><p></p><p><strong>couple things that haven't worked with this trade</strong></p><p><strong></strong></p><p><strong>1...dividend got lowered (a lot)</strong></p><p><strong>2...stock price went down hard</strong></p><p><strong>3...stock not going up </strong></p><p><strong>4...a guy writes an article about ECT that the price should be around $7</strong></p><p><strong>to scare people to sell so he profits by shorting ECT</strong></p><p><strong></strong></p><p><strong>i am changing my view about holding this stock if not above the buy price</strong></p><p><strong>that means if ECT starts acting badly it's time to get out even if it's at a loss</strong></p><p><strong>it is always ok to sell a stock at a small loss because like you saw tuesday the price and go down a lot fast</strong></p><p><strong>when fear and panic sets in</strong></p><p><strong></strong></p><p><strong>my advice</strong></p><p><strong></strong></p><p><strong>start looking for an exit point...we have 3 days until the EX date</strong></p><p><strong>that doesn't mean hang in there to see what happens 1 day before</strong></p><p><strong>the EX date</strong></p><p><strong>----------------------------------------------------------</strong></p><p><strong>RNO went smoothly...just like i thought it was going to go</strong></p><p><strong>ECT has not gone the same way</strong></p><p><strong></strong></p><p><strong>even if the loss is around -$500 don't hang in there and take a -$2,500 loss</strong></p><p><strong>finding another stock is aways around the corner</strong></p><p><strong>---------------------------------------------------------</strong></p><p><strong>i'm down around -$650 and have no problem selling tomorrow so i don't go down -$2,500</strong></p><p><strong>---------------------------------------------------------</strong></p><p><strong>you are playing with +1k on the house's money...giving up some is ok </strong></p><p><strong>you will want that buffer if you buy another stock</strong></p><p><strong>---------------------------------------------------------</strong></p><p><strong>buying 500 more shares @$12.15 has saved you for now</strong></p><p><strong>that was amazing what you did...i am very impressed</strong></p><p><strong>but if ECT starts going down hard $-13.00 starts adding up fast</strong></p><p><strong>---------------------------------------------------------</strong></p><p><strong></strong></p><p><strong>Beentheredonethat...again please get the mindset of exiting the stock</strong></p><p><strong>see how ECT reacts tomorrow...if it starts going down hard get out</strong></p><p><strong>because i am</strong></p><p><strong></strong></p><p><strong>maybe the stock will rebound and we will make money but be smart </strong></p><p><strong>and cut your losses if ECT starts to go down</strong></p><p><strong></strong></p><p><strong></strong></p><p><strong></strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="brownboyups, post: 1134426, member: 45947"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] [B]ECT $12.70...-.04 (-.31%) daily range $12.45 - $12.81 ---------------------------------------- an article was posted about ECT today...the guy who wrote the article wrote a lot of doom and gloom about ECT in march and the stock went down around $6.00...he is shorting the stock (making a profit from the stock going down)...this is not good news...here is the article [/B][URL="http://seekingalpha.com/article/1417821-eca-marcellus-trust-distribution-falls-35-sequentially?source=yahoo"]ECA Marcellus Trust - Distribution Falls 35% Sequentially - Seeking Alpha[/URL] [B]couple things that haven't worked with this trade 1...dividend got lowered (a lot) 2...stock price went down hard 3...stock not going up 4...a guy writes an article about ECT that the price should be around $7 to scare people to sell so he profits by shorting ECT i am changing my view about holding this stock if not above the buy price that means if ECT starts acting badly it's time to get out even if it's at a loss it is always ok to sell a stock at a small loss because like you saw tuesday the price and go down a lot fast when fear and panic sets in my advice start looking for an exit point...we have 3 days until the EX date that doesn't mean hang in there to see what happens 1 day before the EX date ---------------------------------------------------------- RNO went smoothly...just like i thought it was going to go ECT has not gone the same way even if the loss is around -$500 don't hang in there and take a -$2,500 loss finding another stock is aways around the corner --------------------------------------------------------- i'm down around -$650 and have no problem selling tomorrow so i don't go down -$2,500 --------------------------------------------------------- you are playing with +1k on the house's money...giving up some is ok you will want that buffer if you buy another stock --------------------------------------------------------- buying 500 more shares @$12.15 has saved you for now that was amazing what you did...i am very impressed but if ECT starts going down hard $-13.00 starts adding up fast --------------------------------------------------------- Beentheredonethat...again please get the mindset of exiting the stock see how ECT reacts tomorrow...if it starts going down hard get out because i am maybe the stock will rebound and we will make money but be smart and cut your losses if ECT starts to go down [/B] [/QUOTE]
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