Archive for May, 2009

Bought DUG @ $19.61 »

I just bought DUG @ $19.61 and I’m already starting to regret it. I’m just pulling the trigger way too quickly on stock picks. I need some discipline.
I should just stick with the picks from TIM ALERTS until I really find some strategy of my own that I feel confident with.

Sold MTW @ $6.00 For An 8% Loss »

MTW fell through the floor this morning and I had to get rid of it. I sold it at $6 for an 8% loss but it was really a lot more than that because I bought the stock on margin.
I’m reconsidering my use of margin right now. This makes it way too easy to lose […]

Bought MTW @ $6.52 »

I bought MTW @ $6.50 … my first pick from my new screener (which is basically like my old screener except for looking for stocks over $5.)
I’m heavily leveraged on this pick so my risk is pretty high. I am in for 850 shares which basically means each penny moves me $8.50 up or down.
I’m […]

New Screener (+5$) »

I’ve adjusted my screener in order to give me some higher priced stocks. Specifically I’m looking for plays on stocks that are over $5. Why? Because SogoTrade won’t let me use my margin buying power on stocks under $5.
These are the current stocks coming up on my new adjusted screener (which uses the same basic […]

Sold CENX @ $7.01 For A 4.3% Gain »

I just sold CENX @ $7.01 for a 4.3% gain from my entry point of $6.71 but since I was trading on margin that’s really more like an 8% gain.
It reached as high as $7.33 earlier and there’s a good shot it’ll go back up there today but I had to take my profits and […]