IMO
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yep and odds are it breaks down right?
How many ,what price ,and what time?
We now are sitting @ a DB of 12.72$ which I first mentioned yesterday.. lets see where this tops out before it totally drops (half out for 20C)back to 11.00 which i first mentioned months ago..no new tops of 20.54 or more in which I also mentions months ago ~~1;58 EST on this 9/10/2014
I can agree on that~~
picked up 40K in that 12.70$ -12.80$ range between 1:30 -1:30 EST here on 9/10/2014..let see where i can dump them
loading back up again..i expect a pop in that 12.54 area..all under 13.$
mid twenty's by the 15th?
I have always said going into a major event protect those long shares with a put..either way you have it covered...not the one way approach of long or take a hike ..still think its just a promotion to get some insiders out~~
Just 1/8 left ..see if it holds 12.74 ..if not they gone too~`
Wonder what happened to all those stops between 14.94-13.76 heck that's 1.18$
dumped those for like .50C ..ready for more under 13.00$ ..even if it takes some time~~
will try to pick up more to the 12.74 area
pickup up a few under 13.00 ..
Ripped right below that 200MA either its a DB @ $12.74 or pickup those gaps @ 9.00$-11.99$
Here's why $9.00 and $11.00 is not out of the question..if the 200MA doesn't hold we'd have a triple bottom in the 12.54$-13.42$ area...if that doesn't hold gaps of 11.99$ and 9.00$ will be filled..
$11.00 is more in focus now~~
or a big fat red one~~
Link back to chart...now time to move ..next DTR of 20.54$
Management team needs to keep shareholders updated instead of ripping them off with more phoney shares~from your pocket~~
BE ON YOUR TOES FOR THE DTR @20.54$ THIS COULD CRASH AND BURN TO 9.00-11.0O$ VERY QUICKLY..PROTECT THOSE SHARES~`Double Top Reversal
The Double Top Reversal is a bearish reversal pattern typically found on bar charts, line charts and candlestick charts. As its name implies, the pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_top_reversal
guess that's what puts are for~~PROTECTING THOSE LONG SHARES
nope just long shares..from last year..should of got a few calls I guess..but
So it's hogwash that GTAT ain't goin back to $20.54 a prediction made by me~~:)?
That post is hogwash about GTAT ...non factual...
Con – 6 Reasons I Don’t Use Stop-Loss Orders
By The White Coat Investor
Banner2Stop-loss orders are one of those investing techniques that sound wonderful when you initially learn about them, but turn out not to be such a good idea once you understand them. Even the name calls to you like the ancient Sirens. “Stop-loss!” What’s not to like? Who wouldn’t want to stop their losses? What a wonderful promise! You can invest and ONLY get the gains! However, like active management and market timing, the devil is in the details. Here are six reasons I don’t use stop-loss orders.
1) Additional investment costs
The stock market is a little bit like a casino in that the house always makes money. As a general rule, the less you walk into a casino, the better you do. The analogy breaks down a bit as on average you lose money gambling but make money investing, but nonetheless, studies are quite clear that the fewer transactions you make (fewer times you go into the casino), the better you do. There are behavioral factors that affect this, but transaction costs are also a significant cause of this performance gap. Every time you buy or sell an investment on the open market you will at a minimum pay a bid-ask spread. You may also pay commissions or other fees. You can do what you can to minimize this effect, but it still exists. When you use stop-loss orders, you will make more transactions than you otherwise would, and that’s going to cost you.
2) Additional taxes
If you are investing in a taxable account, there is an additional cost, that of taxes. When you buy and hold a security in a taxable account, you pay taxes on the dividends at a lower rate. When you eventually do sell, you can pay taxes on those gains at the lower long-term capital gains rate. You might even get out of those gains completely by donating the shares to charity or getting the step-up in basis at death. Tax-loss harvesting can further lower your tax bill. Using stop-loss orders, however, is almost surely going to incur some significant gains taxes, and to make matters worse, there’s a great chance you’ll be paying those at the much higher short-term capital gains rate, which is your regular marginal tax rate. Lowering your investment return by increasing your tax drag is not a recipe for investing success.
3) Additional complexity
When you decide to use stop-loss orders, you’ve introduced significant complexity into your portfolio. Advisers love complexity. Making investing appear complex causes clients to hire them more often and pay them more. Additional complexity has a cost. It may be the cost of hiring an otherwise unneeded advisor. It may simply be the cost of your time, logging in to your accounts more often, following the market more closely, or even laying awake at night. Once you have decided to use stop-loss orders, you have to decide where to place them. Surely some stop-loss orders are better than others. It gets even more complex if you use stop-loss ladders.
I prefer not to even look at the markets. I have found that writing my monthly newsletter forces me to look once a month, and that is far more often than I was looking before I started that. Aside from Peer 2 Peer Lending, I generally make one or two transactions a month, and that’s only because I’ve elected to use ETFs instead of mutual funds in my 401K in order to save on fees. Otherwise I could go for months without knowing or caring how the overall market is doing. Using stop-losses eliminates one of the greatest benefits of using a fixed asset allocation, the ability to ignore your portfolio for long periods of time. I don’t plan to use the money I have invested in my retirement portfolio for 2-5 decades. I could not care less what it does over the next day, month, or even year.
Stop-Loss Orders Are A Form Of Market-Timing
Aside from additional costs and complexity, the main problem with investing using stop-loss orders is that it is really market-timing in disguise. Market-timing is buying a security when you think it’s going to go up, and selling it when you think it’s going to go down. It turns out that market-timing is really hard. Very few people can do it successfully over the long-term, and almost no one can do it once you take into account the additional costs. Like Mike Piper, I prefer to be agnostic when it comes to what the market is going to do in the future, especially the short-term future affected by a short-term technique like stop-loss orders.
If you set a stop-loss order to sell when the value of the security goes down 10% (whether it is a fixed stop-loss or a trailing stop-loss, the same issue applies), you’re basically saying that you believe that the market is going to go down from there. We could argue all day about whether it is more likely that the market goes up from there (return to mean) or down from there (inertia/trend-following), but the truth is that we really have no idea whether the market is going to go up or down. If it goes down from where you sold, you win! Unfortunately, if it goes up from there, you lose. Not only did you pay the additional investment expenses, additional taxes, and additional time requiring to implement and maintain the system, but all was for naught as you ended up buying high and selling low anyway. Repeat that enough times and you’ll never reach your investment goals.
Also consider what happens even when you “win” with a stop-loss order. Say you buy a security at $100. It goes to $103, then drops to $98, so you automatically sell it. Then it drops to $93. Do you buy it? What about at $88? Or $78? Winning at market-timing requires that you “win” not just once, but twice. You have to know when to get out AND when to get back in.
Beware of Getting Whipsawed
The term “whipsawed” refers to a common phenomenon for those using stop-loss orders. JP Morgan was famously asked about what stock prices were going to do in the future. His response? “They will fluctuate.” It doesn’t take much of a student of the markets to realize he was right 100 years ago and he’s still right today. If you set a stop-loss order at -5%, and the price for that security moves back and forth 5-10% over the day or over a few weeks, you’ll get whipsawed. You’ll log in to your account and find that a security you bought at $100 is now at $105, but then you’ll realize you sold it at $95. Now what? Do you buy it back at $105? There’s a plan for success.
Watch Out For Gapping
“Gapping” refers to a phenomenon when the price of your security goes right through the price of your stop-loss order without you being sold out of it. Sometimes this happens at market opening, when the price simply opens much lower than when it closed the night before, but often times gapping occurs in times of severe market volatility, exactly those times when you want a stop-loss order to protect you. There is nothing magic about a stop-loss order. There still has to be a buyer at that price for you to be able to sell. In times of severe market volatility, there simply aren’t buyers at any reasonable price. So you might set a stop-loss order at $95, and find out it actually sold at $78. That increases the probability of you buying high and selling low and getting whipsawed. When the market plunges, I prefer to get paid as a provider of liquidity (buying when there’s blood in the streets) rather than paying to be a demander of liquidity (following the herd out the door.)
Stop-loss orders sound wonderful. But once you understand their downsides, you’ll likely prefer a simpler, cheaper, buy-and-hold fixed asset allocation investing approach.
I'd never put a stop loss on GTAT..might gap down below your price
DT of 20.54 coming soon
Well that didn't answer my question on GTAT?
ARE YOU SAYING THE ELEVEN'S AREN'T EVEN A POSSIBILITY THIS QUARTER?
None and you?
So what's your relationship with David W. Keck?
15.03(July 22)-16.31 is not 22% but for sure I got that bested~`
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