16 February 2017

Pending Trades:

N/A

Purchases:

Purchased 1538 shares of CEMP @ $3.25

Purchased 151 shares of AA @ $37.10

Sells:

N/A

Thoughts:

VSTM - Chasing to a conservative price of $2.50. Our goal is to sell tomorrow for $1.30 - $1.35 and get back in around $1.27. The whole plan though needs to revolve around multiple transactions at 5% gains and consistently repurchases for less than your sell price.  

MGNX - Once this stock catches traction, should be able to sell out sometime around March for a 5% gain. Then we'll figure out what next. There's definitely a lot of money to be made here, but it hasn't been fruitful thus far.

UA - Oversold. 60 day $22.00 target.

CORE - Systematic investing. 5% and out.

CAB - Congratulations! This is your new savings account. Anytime you have free money, drop it in here. Pending merger @ $65.50 and oversold. Excellent terms.

USB - Sold @ $53.60 for a 5.1% gain. Need re-entry below $53.55 to make it make sense.

CNAT - We made a fortune on this and we think it's still got gas, but right now, this second, probably isn't the time. We don't recommend getting wild and buying this on your own. Purely monitoring.

DRYS - Everyday we discuss this stock...it's consistently on the biggest gainers and losers. We're monitoring this stock to potentially catch a good run. Highly recommend avoiding this stock on your own. 

CEMP - We caught wind of some bad news w/ CEMP. Nothing to panic over, but this stock could go south to around $2 this year. We're going to hang out to get $3.30 and then move on from this stock.

SHOP - Sold @ $54.48; desired re-entry of anything below $54.20. We've decided to set our cap for this stock @ $65.00. Now that doesn't mean it's not a great stock; our main concerned is it becoming oversold due to it's success.

VDSI - At the end of the day, we probably won't invest in this company. However, it's a decent pick. Had a massive drop the other day but still has strong technicals. Target $15.50.

RES - This is a good stock. We're hoping to gain some capital back from MGNX very soon and we'll most likely pick this up as long as it's on sale. Target $24.00.

AA - Five Star Stock. Systematic investing. 5% and out.

AUO - We're in need of a penny stock and this one might the one. Target $4.50.

James PauleyComment