What Did You Buy Today?

[fenders53]

(03-25-2020, 12:24 PM)kblake Wrote:

(03-25-2020, 12:22 PM)fenders53 Wrote:

(03-25-2020, 12:17 PM)kblake Wrote:

(03-25-2020, 12:13 PM)fenders53 Wrote:

(03-25-2020, 11:59 AM)kblake Wrote: I am with you there on this rally. Not going to last. We will test the lows or least close to it.

I sold a a lot of names too into this rally. Sitting on 50% cash now and got out without that much damage.

WMT in on my watch list divenow. Nice job on MO. I sold that one as well and DIS

BTW thoughts on CLX?? I'm thinking of buying a position here

I refer you to my first rule of investing.  Never do today what you wish you had done yesterday, last week or whatever.  You missed the CLX ride so just let it go.  The bleach rally will end soon lol.

The ride up... Was that just an educated guess. Its down from $197 in just a few weeks to $163. So its more at the bottom of its trading range 

It's a cleaning products company trading at a 26 PE so jump back in if you like. They willl have a good quarter. I see 100 better options today.

There's no better options today with the market up 1200 points 

I disagree.  Half of what I sold today is a better long-term idea than CLX. It was overvalued before it went into pot stock mode for a week or so. The traders already left.