tag:blogger.com,1999:blog-6893355.post8693565468781329825..comments2023-03-20T11:27:15.631-04:00Comments on Fifty2weekhi: AVP A Red Herring for PWRD?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6893355.post-86069589539637376222012-05-20T00:33:50.498-04:002012-05-20T00:33:50.498-04:00It sucks to turn a profit into loss. But even prof...It sucks to turn a profit into loss. But even professional fund managers have that happen to them. Just ask Dr. Fly with his YELP positions. Anyway, that's why I like to sell 1/3 or 1/2 of "joy", which I can always reload if prices retreated like PWRD did. <br /><br />One good sign is it didn't get trashed along with the general market per se. Earnings is apparently more of the focus as it's only a few days away. Good luck!<br /><br />PS. PWRD is somehow "immune" because of the impending earnings, but in bear market, setups don't work very reliably at all. Look at AMZN and GOOG last week (week of 5/13/12).Davidhttps://www.blogger.com/profile/05022019219938508758noreply@blogger.comtag:blogger.com,1999:blog-6893355.post-72065468544922807242012-05-19T03:05:05.695-04:002012-05-19T03:05:05.695-04:00This worries me as well! i was long PWRD since Mar...This worries me as well! i was long PWRD since March, got in $11.97 it went up to mid $16s & i did not sell..i held on for dividend -stupid me- now its under what i paid for it and i'm actually in the RED...i even increased my position yesterday. The stocks fundamentals , P/E & all that is amazing..but the trend is not!Modern Pharaohhttps://www.blogger.com/profile/15853257942335714018noreply@blogger.com