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Bought 2,000 shares of JOEZ the other day at $1.15. Added to my position with 3,000 shares at $1.08 today.
Sold $5,000 shares of ZAZA at $2.03. Stoploss triggered. Trading around work seems to have my hands tied. I wonder if I should avoid using stoplosses, but it's my only line of defense to capital while at work. Took a steep loss on ZAZA.
MTG- My entry was $2.61 (also my stoploss), but I like this one for all of 2013. It's in my long term account.
I'm currently holding: GKK, ZAZA, JOEZ, and MTG.
GKK +5% today. Looks like clear skies to $4.00 to me.
Sold 2,000 shares of MTSN @ $1.29. Will consider rebuying on this pullback.
GKK Closed at resistance on Friday. Maybe this will be the week when it finally breaks out.
Bought 2,000 shares of MTSN at $1.03 in the regular account.
My Top Pick for 2013 is MTG.
My reflection on my first week back trading in my regular account is that I need to get back to being more patient on my buys. I had a buy order in on ZAZA at $2.00, but I got impatient and bought at $2.20. Only then to see it drop to $2.00 a few days later. Also on GKK, I had a buy in at $3.01 but moved it up around lunch to $3.07 only to see it close at $3.00. Trading around work is sort of a disadvantage for best price maybe.
Bought 5,000 shares of ZAZA at $2.20 in main account.
Bought 5,000 shares of GKK at $3.07 in the main account.
Haven't been able to update recently.
Dumped GSS at $1.78 for a small loss and picked up 2,000 shares of MTG at $2.61. I'm expecting this one to pull back a little, but overall, I like this one for 2013 in the ROTH. I may try to time a sell before earnings and then hop back in after earnings. I'm not sue yet if I'll do that or just hold through the year.
GKK. I like this on a close of $3.11 with good volume.
Out FBN @ $1.06. Pump is over IMO. Small Profit.
Monday Watch list: OWW***, AEZS**, INVE*, MELA, LPR, GKK.
I got your PM. I have always followed his board. I wouldn't follow him into everything but his board does produce some good stocks. Being selective with those has paid off over the years. I see that you sold SPOM...what happened to your make-believe plan? So much hatred always coming from you.
High on GKK. Looking for a break of $3.10 by Monday. I will buy with a close above $3.15.
In 5,000 shares of FBN @ 1.02 today as the first trade in my regular account. A bit of a gamble but I'm going to have a real tight stop loss on this one.
Narrowed down to MTSN, SHZ, OCZ, and ZAZA.
cedc
Acw and gnk, oww on watch
Jrcc qtm and mtg on watch.
SPOM has no volume. Today there were 16 trades. Even if it goes up to 5 cents, you will never be able to sell 400,000 shares without crashing the price. The spreads are huge and the last trade of the day was worth $347. Pennies are just people with money screwing with people without money. Play big boards with a million plus in volume. I've made ten times more money over the years playing big boards than I ever did playing pennies.
Also KCG on watch now that it has broken $3.50. and NVTL.
Stocks on watch for short term account: MTSN, GKK, SHZ, MNKD, OCZ, ZAZA.
Obviously a poor entry into GSS. However, I still like this one for 2013 and will continue to hold in my longer term account. I am excited about getting my short term account up and running again on Jan 2nd!
GSS, I'm in this one. Chart looks good with the last couple days of trying to break resistance at the 50-day. Looking for a Monday break of that resistance. IMO
Patience is the key. I remember in the beginning when I had no patience. Constantly selling at break even or a loss only to see it explode days/weeks later. Now I make my decision on what I think the possible percentage return is and then wait for it to hit that number. I miss out on crazy runs that explode past my target but I'll take my consistent gains that add up in the end.
Wassup? Im gettin back into the game now that all my house shit is done. Started with opening a Roth a couple of weeks ago. And I'll follow with my regular account in another week or so. How's it been going for you? Making money? Did you figure out your tax problem?
Nice pic. I'm interested in what Nissan decides to do with the next generation. Some rumors floating around that Nissan will downsize the Z to compete more with the Subaru/Toyota BRZ/FRS. Supposedly more like a return of a 240Z than what the Z has become. I currently own a 1973 Datsun 240z so I'm hoping that turns out to be reality. Of the 3 Z's I've owned, the 240 has been my favorite.
I was waiting for someone to comment on that lol. I'm still happy with my trade. Profit is profit even if it's not a perfect trade.
Sold CLWR @ $2.79. Picked up 3,000 shares of GSS @ $1.89 in the Roth.
WEEEEEEEEEEEEEEE!
Picked up 2,000 shares of CLWR @ 2.41 for my Roth.
I like RTK and GKK. I'm thinking the overall market may continue down a little, but I'd like to see the DOW hold 12,400. Next year, I expect a new all time high for all major indexes.
Looks like that trade worked out. How did you fare?
Options didnt' pan out. I prefer swing trading. I'm hoping I can get back in the game late this year. All my money is currently going into the house renovation so that we can refi into a 15 year mortgage near 3%.