@ Muscle....good to see u posting again...welcome back!!
@ Muscle....good to see u posting again...welcome back!!
Media Stocks Have Been Crushed: 4 to Buy Now
http://247wallst.com/media/2015/08/2...-4-to-buy-now/
@muscle... please tell you were buying on the lows. Nice job if you were!
The trick is to have the financial firepower to be able buy and dollar cost average on these corrections. Nobody can time a bottom. I was able to do my buying last week all the way through Monday. I would have liked to buy through Tuesday as well but I had already put in all the money I was willing to invest in media. I am hoping we don't have another 10% correction until after Star Wars in December because that's when I will have my firepower back. I am not willing to buy more media before then, because I will never throw all my eggs in one basket.
Disney $125, Sirius $5, Comcast $100. Those are my biggest media goals. I expect to hit all those goals in that order within the next 3 years. I expect Disney to be the first goal hit by end of this year. Sirius in 2016 and Comcast in 2017-18. But you have to pounce on these corrections. That's where the money is made. Buying on the dips. I like Charter TWC CBS Time Warner Fox CVC WWE as well. But my big bets are Comcast Sirius and of course Disney.
If this is something more than a correction, then you just gotta grit your teeth and wait it out. I have a much longer timeframe than most. I am willing to wait 10-15 years for individual investments to work. Something I learned as a teenager in the 80s.
Last edited by MUSCLE13; 08-28-2015 at 03:32 PM.
Denco...decent close...we will take it right?! have a great weekend.
Media Stocks: ‘We’re Sticking With More Expensive Names’
http://blogs.barrons.com/stockstowat...pensive-names/
Edit: Another positive one for ya Muscle. Good stuff man!
Last edited by midas360; 08-28-2015 at 04:23 PM.
Hey Midas, enjoy the weekend! See you on Monday.
Hey GS... always good to see ya. You have a great weekend too! Let's hope the black gold will keep creeping up.
@User... see ya Monday. Have a great weekend too! Thanks for those option tips!
@NJ... again, nice job trading SIRI and NVAX. You really did well man!
@Waldo... wish you weren't so busy with your company. Always love when you post. Have a good one!
@Denco... buy the dips, sell the rips. That's how the game is played!
@Muscle... always enjoy your posts. Keep them coming! Have a super weekend!
Last edited by midas360; 08-28-2015 at 04:30 PM.