I'm showing a high of 13.55 on November 7. Is that wrong? If so, I'm using percentage showing drop from the number you cited. (Note - it looks like you were recommending these stocks at about that time, but if I'm mistaken, please disregard
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=24341982)
(Note - it's kind of silly to compare areas of market but I did note your recommendation of a low ball order on GM at 35. Your IBox tends to make one think that one area of the market should be compared to another. I respectfully suggest that risk should be managed no matter which area of the market one plays.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=24343647)
You say you've been actively trading and adding free shares. I haven't seen any contemporaneous posts. What do you mean by "free shares?"
As for your poing of adding or starting positions, I have no problem with that. I took profits on many of my oil positions from FPP to XOM and am now accumulating. On XOM, I have been able to get a large dividend and magnify that by writing both puts and calls.
I've also been shorting the USO to play the down turn in oil prices. I was able to get shares and capture the premiums by writing calls on USO. I recently covered part of my position by writing puts on USO. This way enables one to get the premiums, which are large, and helps when I make bad trades. It's a great cushion and often makes good trades out of bad ones.
I still haven't opened a position here but continue to look for interesting information pro and con.
Obviously the dividend payout is exciting but those out there should realize that there is no free lunch and high payouts have inherent risks.
See my prior posts
=====================================================
PVX was as low as 9.80 - close to a 20% drop from the highs. It goes to show that one can lose money even in supposedly "safe" stocks and that one should not blindly follow any "sure thing."
Again, reference is made to this article
http://www.dividenddetective.com/canadian_royalty_trusts.htm
and still looking for answers to these issues I have raised
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29208165
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29187736
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29171971
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