HaShev
Gold Member
- Jun 19, 2009
- 17,782
- 7,093
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When your more weighted positions earnings tank your stock during market volatility which would have occured anyway. Earnings a day or week later and you could take double the hit.
The last 2 days my more weighted positions (safer preferreds) had their regular stock destroyed, preferreds down more then normal but no way near the regular stock's free fall.
Usually that makes the regular stock a buy and springs back the preferreds to where they should be. Example: the one hit yesterday is up today as is it's regular stock. Luck is when this happens during a big market drop and not a
rising one as your portfolio damage matches the market and later dead cat bounce brings you back up along with opportunities to purchase more attractive priced stocks with higher dividends,
higher profit range, better risk to reward ratio,
to boot.
The last 2 days my more weighted positions (safer preferreds) had their regular stock destroyed, preferreds down more then normal but no way near the regular stock's free fall.
Usually that makes the regular stock a buy and springs back the preferreds to where they should be. Example: the one hit yesterday is up today as is it's regular stock. Luck is when this happens during a big market drop and not a
rising one as your portfolio damage matches the market and later dead cat bounce brings you back up along with opportunities to purchase more attractive priced stocks with higher dividends,
higher profit range, better risk to reward ratio,
to boot.