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STOCK PICKS: WYNN

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1 STOCK PICKS: WYNN on Mon May 04, 2015 9:49 am

I took a beating on this one, but recovering nicely so far.

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2 Re: STOCK PICKS: WYNN on Thu Jun 04, 2015 1:09 pm

#1 performer of the day in the S&P 500. Too bad I'm still down 19%! But still good to be up for the day and to have the #1.

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3 Re: STOCK PICKS: WYNN on Thu Jun 04, 2015 1:42 pm

I was up about $200 on this and held on to watch it plummet again....sold for $9 gain.

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4 Re: STOCK PICKS: WYNN on Thu Jun 04, 2015 1:52 pm

Don't feel bad, I'm down $3400 on WYNN!  My 2nd worst stock of the year.  1. LF, 2. WYNN, 3. RUSS (sold wrong time), 4. SCO.  Suprising that as a whole, my portfolio still beating the S&P 500 by a good chunk.  Need to be willing to take risks to make money I guess.  But smarter risks than those - ha!  LF was worst decision making on my part -just using whims to make purchases versus a plan.  RUSS and SCO pretty bad on that front as well.  At least with WYNN, I didn't do anything stupid (YET!), it just went down.  I don't mind if I buy a stock and it goes down - that is just part of doing business.  I just don't like when I do something stupid when it goes down.

On a side, note, I'm thinking we start a lessons learned thread. It is all fine and good to see how much money every is making on thier good trades (99.999% of stocktwitters are always making perfect trades afterall based on the comments there- haha!), but I think we really learn the most on the bad trades. I try to be honest when the TGMBFS has a bad day, like yesterday. Or we can even talk about the good trades that could have been better - for example on that mega UWTI (like 1.80 to 3+) cycle, I didn't do terrible, but could have made a ton of money if I played it better.

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