No. of Recommendations: 2
Did you also make a post on your reasons for exiting? (Looking around, I don't see a compelling reason; maybe I'm looking in the wrong places?)

I sold BEAT on May 1 at $53.60 but I don't recall posting about it. What I do recall is that May was the month that I finally rotated from NPI style investing to investing (or trading) based on the Call Selector and it's working great.

With Socialists and Populists running the government I don't think healthcare is a good place to be. I love free markets, not central planning like the following:

U.S. Senator introduces bill to cut insulin prices

U.S. Senator Jeanne Shaheen (D-NH) has introduced a bipartisan bill, the Insulin Price Reduction Act, that she says will rein in skyrocketing costs of insulin while holding pharmacy benefit managers to account for their role in surging prices, adding that the cost of the most popular insulin should drop by more than 75% (based on estimated 2020 prices).


https://seekingalpha.com/news/3479829-u-s-senator-introduces...

Thank god they don't worry about cutting costs for business! LOL

Not only is SaaS a great business model, politicians are not meddling there. Mr. Market loves stocks that are going up and the Call Selector seems like a great tool for gauging which of these growth stock are most in favor any given week.

On Friday I find out that got called and what expired worthless. On Saturday I download about 50 option chains and ask the Call Selector to pick the good ones. The latest version can compare all the download chains in one go which saves a lot of time and improves the final selection. I tighten the parameters until the output is reduced to less than 20 possibles. I transfer these finalists to a spreadsheet for the final selection. By market open on Monday I'm ready to place my orders.

Today I sold

TWLO Aug 2 2019 152.5 Call
ENPH Aug 16 2019 22.5 Call
LSCC Aug 16 2019 17.5 Call

By August 16 all my legacy calls will expire and the trading based on the Call Selector will be in full swing.


(I am long, all of four months now, since MAR 2019, with a smallish position, but am tiring of seeing it being my perpetual performance cellar-dweller here, especially when all else are quite happy... would like to convince myself whether or not I am simply getting impatient at four months, or holding on to a loser and need to cut losses.)

Take Saul's advice, don't fret about it. If there is something better, go for it. ;)

Procrastination is a manager's worst sin. We don't fall in love with stocks, we just hate to admit that we made a mistake and tend to couch it terms like "I am long, all of four months now, since MAR 2019, with a smallish position, but am tiring of seeing it being my perpetual performance cellar-dweller here, especially when all else are quite happy... would like to convince myself whether or not I am simply getting impatient at four months, or holding on to a loser and need to cut losses." Where did I read that? LOL

Denny Schlesinger
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.