INTC Good news and Bad news

Wednesday, January 16, 2008

Well not much to say here taken totally by surprise by INTC earnings, much worst then expected, the biggest lesson learned from this is , you should not hold stocks into earnings unless you hedge your holdings with some puts or some other vehicle. was holding 500 shares and by the time i fires in the sell it was down 2 points do the math..biggest loss of the year so far. Time to get back on track

The Good News.. a couple days ago i notices a little spike in volume on BEAS and bought some shares 300 today i wake up ORCL buying BEAS for 19.37 a share, so do the math LOL made a 1k on this one apparently the stock guardian angle is watching over me. Life goes on!

Will be less cavalier holding things into earnings.