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QCOM - QUALCOMM Incorporated


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QCOM - QUALCOMM Incorporated

  #1 (permalink)
 
tturner86's Avatar
 tturner86 
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Can you help answer these questions
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  #3 (permalink)
 
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 Big Mike 
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Who is on the Qualcomm train with me?

My cost basis is 142.44 (up 21%). I thought it would improve more. This is betting on future AI generation chips, as we cannot get enough of those right now.

Mike



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  #4 (permalink)
 
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 deaddog 
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Big Mike View Post
Who is on the Qualcomm train with me?

Mike

Are you a trader or an investor?

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  #5 (permalink)
 
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 Big Mike 
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deaddog View Post
Are you a trader or an investor?

Yes.

I do more than one thing at a time. These days I prefer the peacefulness of holding positions weeks instead of minutes.

Others I hold until reason not to.



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  #6 (permalink)
 
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 deaddog 
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Big Mike View Post
Yes.

I do more than one thing at a time. These days I prefer the peacefulness of holding positions weeks instead of minutes.

Others I hold until reason not to.

OK

Maybe you could mention if a stock you are posting about is a trade or an investment.

You mentioned your cost base, at what point do you plan to exit?
you are up 21%, will you continue to hold if the price drops to below break-even.

Trying to get a feel for how others manage exits.

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  #7 (permalink)
 
Big Mike's Avatar
 Big Mike 
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deaddog View Post
Maybe you could mention if a stock you are posting about is a trade or an investment

That was actually a great idea, which I followed through with here:



Thanks!

Mike



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  #8 (permalink)
 
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 deaddog 
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Big Mike View Post
That was actually a great idea, which I followed through with here:



Thanks!

Mike

But you didn't answer the question on your exit strategy for QCOM.


Quoting 
You mentioned your cost base, at what point do you plan to exit?
you are up 21%, will you continue to hold if the price drops to below break-even.


"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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  #9 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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deaddog View Post
But you didn't answer the question on your exit strategy for QCOM.

I'll be out if by/on May 3 doesn't runup at least another 10%.

What about you?



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  #10 (permalink)
 
deaddog's Avatar
 deaddog 
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Big Mike View Post
I'll be out if by/on May 3 doesn't runup at least another 10%.

What about you?

No dog in the fight. Don't own it.
Like I said I'm interested in how other swing traders exit their trades. Always looking to tweak my exit strategy.

Why May 3rd?
Earnings announcement on May 1st.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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