News Focus
News Focus
Followers 56
Posts 7706
Boards Moderated 0
Alias Born 02/20/2008

Re: fred500 post# 4214

Monday, 01/28/2013 4:39:16 PM

Monday, January 28, 2013 4:39:16 PM

Post# of 47873
I was consevative on the 20-30%. That's if I sell at the peak then buyback after it's 20-30% drop. As is the case today when I bought back at 1.30. But you also have to look at the turn around math. Now the 3 chunks of shares sold, then bought back, will be well over 40-50% when the SP passes the 1.50's again.

I'm sorry you can't buy individual shares in your account. I will say and recommend again for others, I rolled over my Chrysler 401K into a self -created 401K account with TDA. All you have to do is create your own business and you can open your own, self-managed 401K. You can borrow against your account and take out a loan that you pay back to your self at an interest rate and a time frame you set. All contributions are pre-tax and increases in the account's value are not taxed until you begin to draw it out. Even the loan to yourself is not taxed unless you don't pay it back.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today