17 February 2017

Pending Trades:

N/A

Purchases:

Purchased 1330 shares of AUO @ $3.76

Purchased 233 shares of RES @ $20.72

Sells:

Sold 467 shares of MGNX @ $21.56 for a 0% gain

Sold 1538 shares of CEMP @ $3.30 for a 1% gain

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 - Systematic investing. 5% and out.

UA - Systematic investing. 5% and out.

CORE - Systematic investing. 5% and out.

CAB - Oversold. Deal is very salvageable. Don't panic. Re-entry @ $40.00 if it's that low.

AA - Systematic investing. 5% and out.

AUO - Five Star Stock. Target $4.50.

RES - Systematic investing. 5% and out.

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 sold @ $3.30 due to an article one of us had read; but after cross checking some numbers, we still like the $4.50 target price on this.

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.

CRWS - We have 5k in free capital and this is most likely where it finds a home. It's between this and RSYS, we'd like to get either/or on sale.

RSYS - This one's in second place for Tuesday morning. Definitely worth a second look if you're in the market for a penny-ish stock. We just purchased AUO on Friday, so we'd like to get something a little more mid-range.

SPHW - Oversold. Been oversold. Monitoring.

James PauleyComment