When you have a big winner like that, it's best to look at your position like a trend follower. You want to use some form of a trailing stop. An easy way is to look at the 20 day moving average. The next time the stock goes down to it's 20 day moving average, buy. If it bounces off of it, you hold until the next test. When/if the stock closes below the 20 day moving average (I would probably give it about a 1-2% buffer below the 20 day SMA before you sell to avoid whipsaw), sell it all. Until it closes below the 20 day SMA, let 'er ride.
[COF] The one that got away - chance to get back together?
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Re: The one that got away - chance to get back together?
Re: The one that got away - chance to get back together?
-Nice - Thank youpmward wrote: ↑Wed Apr 29, 2020 10:25 amWhen you have a big winner like that, it's best to look at your position like a trend follower. You want to use some form of a trailing stop. An easy way is to look at the 20 day moving average. The next time the stock goes down to it's 20 day moving average, buy. If it bounces off of it, you hold until the next test. When/if the stock closes below the 20 day moving average (I would probably give it about a 1-2% buffer below the 20 day SMA before you sell to avoid whipsaw), sell it all. Until it closes below the 20 day SMA, let 'er ride.
- dualstow
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Re: The one that got away - chance to get back together?
Dividends for COF came in yesterday.
Re: The one that got away - chance to get back together?
.40 a share - looks like the same dividend payout since 2015
https://www.nasdaq.com/market-activity/ ... nd-history
I always struggle with price appreciation versus dividend yield
The amateur stock picker in me would rather just see the stock ticker go up
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Re: The one that got away - chance to get back together?
Yeah, it's not a great dividend raiser, especially for a bank.GT wrote: ↑Tue May 26, 2020 10:21 am.40 a share - looks like the same dividend payout since 2015
https://www.nasdaq.com/market-activity/ ... nd-history
I always struggle with price appreciation versus dividend yield
The amateur stock picker in me would rather just see the stock ticker go up
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Re: The one that got away - chance to get back together?
COF Seems to be cominng back along with other banks. I bought some more shares a few days ago while selling other things. It’s the only bank I own, outside of VIMAX (mid-cap index)
Re: The one that got away - chance to get back together?
I had a fantasy football draft with some of my old COF peers - I told them to get the stock back up to 100 - Not that they have any control on the stock price but it did make for a good laugh.
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Re: The one that got away - chance to get back together?
Down today, with most everything else.
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Re: The one that got away - chance to get back together?
@GT - FYI I did unload some shares at $80 today, per a limit order that triggered.
i don't feel great about banks.
i don't feel great about banks.
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Re: The one that got away - chance to get back together?
‘course capital one has been on a tear since I sold some shares.
Re: The one that got away - chance to get back together?
always how it works - credit card company's have some of the biggest stock swings since they own so much debt - well they call it outstanding loans and managed credit risk. When times are perceived to be positive the interest payments and late fees from subprime account are addicting - when times look uncertain, loan default risk kills the stock price in the short term.
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Re: [COF] The one that got away - chance to get back together?
WOW, well done - wish I had jumped on your 'on that got away'!