9 February 2017

Pending Trades:

N/A

Purchases:

Purchased 1367 shares of CEMP @ $3.05

Purchased 6 shares of VSTM @ $1.21

Purchased 102 shares of CAB @ $50.55

Sells:

Sold 98 shares of SHOP @ $54.48 for a 5.11% gain

Sold 262 shares of UA @ 19.03 for a 0% 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. 

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. 

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.

CEMP - Chasing to a conservative price of $5. Our goal is to sell tomorrow for $3.40 and get back in around $3.30. The whole plan though needs to revolve around multiple transactions at 5% gains and consistently repurchases for less than your sell price. 

LMCA - Ticker change to FWONA. Systematic investing. 5% and out. Willing to break even on this stock.

LCI - Systematic investing. 5% and out. Becoming willing to break even on this stock.

UA - Oversold. 60 day $22.00 target.

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

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.

James PauleyComment