Re: Shoeprint #1: Six Flags (SIX)
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Also, If anyone knows of...any disclaimers I need to make...for these kind of posts, please let me know.
Shoe
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Perhaps one that says you aren't qualified to give investment advice?
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Take my advice for what you think it is worth, which is virtually nothing for many of you on this board. I still plan to keep posting my stock opinions, but of course don't buy unless you have also done your own research and are comfortable with it.
I also think i'm better than 90% of the financial advisors out there, because 90% of the financial advisors out there are only there to earn commissions off of you not maximize your returns.
What do you guys suggest I should use as my "buy" price for this to track my results. I posted on monday saying i expected it to bottom out sometime this week. Obviously, using today's opening would be unfair because I'd be picking the lowest point in hindsight to base my results on. Should I use Monday's close even though I wasn't necarsairly saying "buy" right at that exact time?
Going forward I'll use the price at the time of my post for tracking results.
Also, if anyone is interested, I started a CAPS portfolio at fool.com. My player id over there is ShoeFTW.
Some other thoughts --
With the latest dip NTDOY is a great buying opportunity right now at 57.20.
AMZN - I think amazon is way overvalued and due for a correction. However, the stock is hot right now and I would not suggest shorting it until it appears to be cooling off, it might be a long time before it starts to correct.
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