18 September 2017

HNL TRADE Co. -- Main Portfolio

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Watchlist -- 18 September 2017

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Pending Sales:

Limit Sell 1,293 shares of EEP @ $16.25 for a 5% gain

Limit Sell 4,085 shares of POLA @ $5.05 for no gain

Limit Sell 1,079 shares of SABR @ $19.66 for a 5% gain

Limit Sell 1,542 shares of PCMI @ $13.70 for a 5% gain

Limit Sell 241 shares of TECD @ $87.25 for a 5% gain

Limit Sell 20,000 shares of ITEK @ $1.50 for a 50% gain

Purchases:

N/A

Sells:

N/A

Thoughts:

Wow! It's so nice to be back in Honolulu on my lanai prepping for market open tomorrow. I was in Korea for a week and I must have "mathed" wrong because I thought the market was opening @ 9:30PM -- this is going to be tough. As it turns out, the market opened @ 10:30PM, which was even worse. Thankfully, we didn't have many buys/sells, so I wasn't forced to wake up a lot at night to send out messages to you all. It was tough...I'm happy to be back. 

Let's hop right in to what's going on...ITEK is the reason we are so high; we've got to accept that. We've had 70 transactions this year, which means we truly should be looking at a 70% gain. Right now, we're at 71.77%, which basically means we're too high. We're more likely to trend downwards than upwards. ITEK is the key to our success...our target price is $1.75, it could soar up to $2, and it could fall to $1.20. Average those numbers together and you get a nice round $1.50; We're putting in a pending sell for $1.50 and that will remain until it's gone. 

James PauleyComment