17 October 2017

HNL TRADE Co. -- Main Portfolio

Screen Shot 2017-10-16 at 6.01.28 PM.png

Watchlist -- 17 October 2017

Screen Shot 2017-10-16 at 6.15.02 PM.png

Trades

Pending Sales:

Limit Sell 1759 shares of WOW @ $14.85 for no gain

Purchases:

Purchased 834 shares of EAT @ $31.20

Purchased 1677 shares of EEP @ $15.51

Sells:

Sold 818 shares of MOMO @ $33.42 for a 5% gain

Thoughts:

There's definitely some good, bad, and some ugly to talk about. The good; MOMO sold for a 5% gain about two weeks in to the position, it's hard to beat that. Also good, EEP fell down to almost the original price point from the last time we had a position in it. EEP isn't the sexiest stock around, but it pays a great dividend and we need another position. The bad; we have no clue what's next for our current positions. The market keeps soaring and our positions are kind of stagnant; that doesn't make them bad positions, but that's also not a very good display of strength. The ugly; AGTC. Yuck. The potential exists for a break out, yes, but the steam has slowed down and it's looking pretty grim for a while. Will we lose money on it? No. Are we married to it for about a year? It's looking like it. We're still actively pursing one more position, so stay buckled in. Happy Trading!

James PauleyComment