• Trouble logging in? Send us a message with your username and/or email address for help.
  • Hello all! We will be performing a website & forum update soon. You may get logged out so now is the time to make sure your email address in your account is correct - go to your account to check it and update it now. Send us a message with your username and/or email address if you need help.

To holders of JOE

New posts
SHELLY

SHELLY

SoWal Insider
JOE's price has been moving down for a while now, but the pace has picked up this morning--tomorrow they report 4th quarter and yearly earnings before the bell and later they'll announce guidance going forward....coincidence? :shock:

Do you know where your "stop loss" order is?
 
So, what are you saying? That further declines are ahead? Are you recommending a sale? Let me know when you sell your shares.
 
Me either. It sounded like you were not happy with the stock. In retrospect, I suppose we should have sold at $85 and then buy it back next week. Dam@ crystal ball messed up.
 
John said:
Me either. It sounded like you were not happy with the stock. In retrospect, I suppose we should have sold at $85 and then buy it back next week. Dam@ crystal ball messed up.
Click to expand...
That will teach you. You are supposed to use the "magic 8-Ball."
 
John said:
Me either. It sounded like you were not happy with the stock. In retrospect, I suppose we should have sold at $85 and then buy it back next week. Dam@ crystal ball messed up.
Click to expand...

That's the purpose of a "stop loss" order--to lock in profits in case the price takes a tumble. Folks who are "in the money" on JOE should already have their "stop loss" locked and loaded before JOE comes out their earnings before the bell tomorrow. If the earnings don't look too good, the speculators will dump and run and the shorts will be buying the drinks. Should be real interesting. Personally I think the stock is overpriced and would be a buy @ $50.

(The CEO already took his usual monthly 20,000-share payday on Feb 1st at $63-and-change. :D )
 
I think they'll miss their number. It seems to me there are very few sales going on at Watercolor/sound/west.
 
All the housing stocks got hit today on Toll bros guidance. If JOE goes to the 50 -55 level it will be a great long term buy. Scale down from 55 on your buy orders. It looks like it is heading down to that level on the long term charts ( 5 year chart ) Buy straw hats in the winter !!!
 
SHELLY said:
That's the purpose of a "stop loss" order--to lock in profits in case the price takes a tumble. Folks who are "in the money" on JOE should already have their "stop loss" locked and loaded before JOE comes out their earnings before the bell tomorrow. If the earnings don't look too good, the speculators will dump and run and the shorts will be buying the drinks. Should be real interesting. Personally I think the stock is overpriced and would be a buy @ $50.

(The CEO already took his usual monthly 20,000-share payday on Feb 1st at $63-and-change. :D )
Click to expand...
The time for the stop loss was 10% below the high sale. If JOE reports a disappointing number and poor guidance before the opening, your stops might get set of at a horrendous opening price!! Unless of course you have a stop loss limit order. Stop lost orders are very tricky and can almost guarantee that you will be whipsawed !!
 
SHELLY,

You continue to confuse me. Where is your stop-loss number? Why are you saying all this yet being so coy?
:idontno:
 
You must log in or register to reply here.
New posts


Sign Up for SoWal Newsletter









Share this page




                               
Back
Top