http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/ Beauty is in the eye of the shareholder Thu, 08 Jan 2009 00:22:23 +0000 http://wordpress.org/?v=2.6.1 http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/#comment-35574 Ugly Thu, 27 Dec 2007 00:37:32 +0000 http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/#comment-35574 I don't think Pinoy would have let it turn into a $60,000 loss - he seems to manage his risk really well. I would guess he risked no more than $5000 on the trade, but we'd have to ask him. I don’t think Pinoy would have let it turn into a $60,000 loss - he seems to manage his risk really well. I would guess he risked no more than $5000 on the trade, but we’d have to ask him.

]]> http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/#comment-35570 Tom Wed, 26 Dec 2007 15:47:52 +0000 http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/#comment-35570 Yeah, I want to know too. Where was the stop? If there wasn't any then I'd chalk this trade up to luck. Yeah, I want to know too. Where was the stop? If there wasn’t any then I’d chalk this trade up to luck.

]]> http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/#comment-35567 C. Maoxian Wed, 26 Dec 2007 03:50:40 +0000 http://www.uglychart.com/2007/12/22/pinoytraders-awesome-trade-in-netsuite-inc-n/#comment-35567 Buying an IPO near the close and holding overnight could have just as easily resulted in a $60,000 loss. Where was the stop loss order if this thing went wrong? Not to take anything away from Pinoy, especially the near top-tick exit, but you have to think hard about risk. Buying an IPO near the close and holding overnight could have just as easily resulted in a $60,000 loss. Where was the stop loss order if this thing went wrong? Not to take anything away from Pinoy, especially the near top-tick exit, but you have to think hard about risk.

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