How are you trading Toyota?

Oh boy, every time I read all the responses some of you have tried to post here, I feel guilty that I haven’t had the time to get back here more often, especially for those who missed getting into my Let’s Talk Money forum on EnterActive Media before we capped membership there in 2009.

But, I’m here now, so let’s get down to business.

How are you trading the news surrounding Toyota?

I know people on both sides of this trade — with some literally on both sides of this trade — with options puts and calls on it.

But for straight-traders, some are of the thinking that this is just a momentary bump in the road for Toyota, and they feel it’s an opportune time to snatch some up and sit on it for awhile.

While others have bells and whistles chiming in their heads, where as soon as they heard about a large recall, they immediately reached for research reports telling them what cars Toyota loyalists would likely be reaching for if the recalls soured them on their loyalty to T for the time-being.

I know some have been eyeing Honda and Hyundai with this idea in their mind.

As you know, my role is never to take you by the hand and tell you what you should, or shouldn’t, buy.

My goal it to simply inspire you to roll-up your sleeves, do some research of your own, and decide what play is best for you — even if it means you don’t want to play the Toyota news at all.

Same names as usual on my due diligence list.

Just remember the usual disclaimer: Don’t base any of your investment decisions on anything you read here. Do your own due diligence, or at least enough research to pick the right professional to do it for you.


2 Responses

  1. Cat, u rock. thanks for remembering those of us shut out of LTM. what’s the holdup on expanding that site to let the rest of us in? can’t stand having to rely on others to tell me what goes on there every week. saw pete tweet about fslr. would like your take on this. thinking of putting in an options spread. p.s. u and pete should have your own show!!!!

    • Hello Streettrader,

      I’m going to allow your comment to post, because others have asked similar things. We’re currently deciding whether we want to keep the cap on our EAM sites, as we have a great and active group of people, and if we expand it any further, we risk alienating our core audience. Also, our focus is on building our re-sell rights for the info we collect in our forums right now. As for fslr, it’s not a name that’s been on my dd list lately, so take the advice I always give and do your own due diligence on it. Good luck — Cathleen

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