Archive for the 'TDW' Category

What to do, what to do?

I received an email this morning from one of my trading services saying that they have sold out of one of my stock positions – Tidewater (TDW). Generally, I wouldn’t bat an eye about somebody selling a position that I hold but this service is what caused me to buy the holding in the first place. I hate losing the ongoing insight that comes from their continued research into the stock. The other kicker is this – I’m underwater on the stock by about 8% and haven’t held it very long. So even though this service bought the stock and was able to make a profit (triggering a sale only on the trailing stop), I haven’t yet made money on it.

I think I’m going to hold it a bit longer and watch another quarter or two of earnings. Opinions?

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Personal Buy: Tidewater Inc (TDW): $49.94: 20060309

Based on a recommendation from one of the trading services I subscribe to, I picked up a position in Tidewater. When an energy company decides to explore for oil and gas in deep seas, Tidewater is the premier service provider. If I get my own research on this posted soon, I will try and create a link to it. As it is, the only thing I have on paper is not something I can share as it is against the rules of the club. “The first rule of Fight Club: you don’t talk about Fight Club.”


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