4 April 2017

HNL TRADE Co. -- Main Portfolio

Watchlist -- 4 April 2017

Trades

Pending Trades:

Limit Sell 306 shares of MGNX @ $19.60 (0%)

Limit Sell 163 shares of AA @ $38.78 (5%)

Limit Sell 1665 shares of AUO @ $4.13 (5%)

Limit Sell 293 shares of RES @ $19.01 (0%)

Limit Sell 392 shares of ACET @ $16.11 (5%)

Limit Sell 901 shares of MDR @ $7.00 (5%)

Limit Sell 357 shares of DNOW @ $17.69 (5%)

Limit Sell 323 shares of UA @ $19.54 (5%)

Purchases:

Purchased 500 shares of DRYS @ $1.25

Sells:

N/A

Thoughts:

We know, we know. What in the world is this receipt?!? Where's the traditional Robinhood receipt?!?! We are testing a new options strategy on E-TRADE and our free cash was sitting in that account. Yes..Yes...once our options strategy proves effective and profitable, we will share it with you at zero additional cost -- because we are awesome. We added some good new stocks to the watchlist...as always, we recommend you follow our portfolio as closely as possible, to duplicate our returns. But if you hate our moves, there's some great stocks on our watchlist.

MGNX - Systematic investing. 5% and out.

AA - Systematic investing. 5% and out.

AUO - Systematic investing. 5% and out.

RES - Systematic investing. 5% and out.

ACET - Systematic investing. 5% and out.

HK - Systematic investing. 5% and out.

MDR - Systematic investing. 5% and out.

DNOW - Systematic investing. 5% and out.

UA - Systematic investing. 5% and out.

DRYS - $1.20 was our goal, but at $1.25, it seemed too good to pass up. That being said, this "investment" basically breaks all of our rules. It's much more of a gamble; which is why we only did 500 shares. The goal is to catch it on a run within two weeks. It's incredibly risky, but there's a lot of upside at this price.

VSTM - Sold @ $1.39. Desired re-entry @ $1.30. Target Price $2.50

SHOP - This stock is out of sight right now...unfortunately. We have a history, so we'll keep an eye on it. Looks very overbought.

USB - Very attractive price and safe investment.

SSW - The whole shipping industry is suffering as a whole right now, but when, not if, it recovers Seaspan will once again lead the pack. Still a little risky at the moment. Monitoring.

RLGT - Monitoring. This stock is a little out of our wheelhouse -- massive growth expected...not expected overnight.

TDG - We've been looking for a large cap stock with momentum -- this is it.

CNQ - Monitoring -- Great stock, but want on a dip. Our favorite stock going into tomorrow.

CYTK - Dropped 8% since monitoring...this is the number one draft pick.

FOMX - There's some risk with this stock, but a lot of upside. Would like to see this trade down over the next week or so (with some luck), if the price is stable or cheaper, it becomes an excellent buy.

CPG - Good stock. A lot of upside. Monitoring.

UPS - Safe. Slow. Reasonable amount of upside for a $100 stock. 

James PauleyComment