24 January 2017

Pending Trades:

N/A

Purchases:

Purchased 134 shares of MGNX @ $18.95

Purchased 6 shares of MGNX @ $19.00

Sells:

N/A

Thoughts:

VSTM - We've had a shift in opinion on this stock. Mid term trade. Aiming for the $3 target price.

SHOP - Sky is the limit. Long term trade.

MGNX - This stock just fell at the wrong time; we all make bad calls and this was a poor call on our part. It will recover but it's going to take time...too much time. We'll be putting every extra cent in MGNX to drive the price down until it recovers. Target - $39.00

CEMP - Everything went down, this was on the biggest sell and we still love it to trend upwards. Hopefully, we're out of this by the end of next week with our 5%.

LMCA - This is a great stock, maybe not today, maybe not tomorrow, but this year. Projected price of $40. Most likely will sale @ 5% gain, but there's no reason to worry about this position.

MIDD - Depending on the market, this is essentially as good as gone. Sitting at 2.11% gain right now, once the market recovers, this should be gone quickly.

UEPS - Systematic investing. 5% and out.

FBP - Systematic investing. 5% and out. 

LCI - This position is performing surprisingly bad. We might be worried about it, we might not. Let's see what happens. Target - $31.00

USB - One year trade. $75-ish price target.

James PauleyComment