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Posts Tagged ‘YOKU’

You snooze, you lose!

April 1st, 2011 No comments

Hey, got a little frustrated today.

First of all, I got up at 8:30am, which is pretty early for me. The reason is I was actually planning to sell my shares of BIDU and reinvest in YOKU within a few minutes of market open today. This is not “considering” or “sorta thinking about”, I was REALLY planning to do this, but I overslept. While BIDU didn’t tank exactly (actually gained roughly ~1%), but in the same time, YOKU gained ~6% (so far today). 6% is a big amount to miss out on. Suppose you invested $1000 in YOKU, you could of made $60 doing NOTHING but predicting correctly (which I did, in this case).

While you can’t buy stocks one day at a time and expect to make any consistent money, people who know me know I’ve wanted to switch my investment to YOKU. With BIDU steadily rising the last few days, and YOKU dropping for 2 days in a row, it was a perfect time to switch over, so I just feel frustrated that I missed a really good, clean timing for the swap.

Eh, can’t be helped. Not like I lost money I suppose. You snooze, you lose!