The $50 Stock I Should Have Bought More Of

It's painful... The $50 stock that I should have bought a lot of... I didn't and the stock that I did buy more units in, I should have held on. Let's take a look at VMW and PRAA.

So VMW has soared from 50 to 120 within 3 months. PRAA has had a 3 month drop from 55 to an after hours low of 43. No Fun. So let's take a look at the scenario, If we bought 500 shares of VMW, you would have made 35k in less than 3 months. If you bought PRAA, you would have lost 6k. That's a 41k swing. Bottomline, Ouch.

So the reality is, I did buy some of both and yes, PRAA more than VMW. I did however, buy PRAA... at 46. Not horrible but not 140%. Something to think about.



Notes:
In Portfolio: Both
Duration: Holding
Can't Wait: The NBA Season: I'm excited about Houston and Boston.

VMW (VM Ware) & EMC (EMC Corp): To the moon ... To the moon...!

Gosh, I remember a couple of years I started trading when EMC was rocking $120 a share. Man, that was such a loooong time ago. I also remember the drop... oh my and from such heights did they fall. It was one of the times you look at the picture you had of Warren Buffett on your wall and said, "damn you for telling me not to sell."

It was rough for a long long time. Well, then one day, EMC bought a 90% stake in a tiny virtualization company called VM Ware and at the same time, paid for their salvation. Since then, the company has dug itself out of it's $5 grave and since soared to $22+ and with a little hope, back to such great heights of maybe $120.

The virtualization industry is bigger than we know. We'l You'll see.



Notes:
In Portfolio: A pinch (VMW) and a dash (EMC)
Duration: Warran B is back on the wall
Football Notes: Two weeks from now... Indy will be annihilated by the Pats