$TDEY gave me a FANTASTIC 2013 ! I pulled up a c
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I pulled up a chart on the 24 stocks I bought and traded during 2013.
Looking at the chart of the stocks I exited and never bought back, that was a very wise decision. Some were exited with a profit and some with a loss. On balance, the stocks continued to move down.
I learned of $TDEY during its correction after its first run.
From my DD, I believed there to be HUGE investment potential with $TDEY, SHORT and LONG term. My strategy was to create a large position in $TDEY during the correction after the run up. To date, that has proven to be a VERY WISE investment strategy.
Now, that I have a very large position, I can maintain a core position for the long term potential growth of the company and use a portion of my position to trade the price swings.
Core position held more than 12 months will benefit from growth of the company and capital gains tax.
The portion used for trading, will benefit from the price swings.