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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

01/07/16 at 11:51 AM CST

 

 

READ: 3

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Sentiment:

Neutral

OT AMD NOK

<p>Jester had noted a little while ago that AMD was on a tear, steadily making substantial gains with no real news. I finally tax-loss sold my shares at the end of Dec. for ~$2.9x. It's now $2.37, again on no news I can readily see. </p> <p>NOK is apparently the 'teflon stock', as it continues to rise on these miserable general market days. Rats.</p>

I actually find it refreshing and reassuring that NOK-ALU are holding up so well.  We know the Fundamental picture will improve markedly with the merger, and we also have a very bullish chart.  This tells me there is market conviction regarding this company's future.  I continue to believe my PT in the $13 o $14 area in the next 2 years is not overly optimistic.

I remind myself that my investment in ALU continues to be in the black even with these market gyrations. 


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

01/07/16 at 12:29 PM CST

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