30 January 2017

Pending Trades:

I like TPX going into tomorrow, but I have no free capital. Depending on position I'd love to get on this at a sub-48 price and sell @ 52.

Purchases:

Purchased 124 shares of IPXL @ $12.18

Sells:

N/A

Thoughts:

VSTM - The target price is $4, so let's be ultra conservative and say $2.50. Our intent would be to sell @ 10% then purchase on a market sell day. Rinse and repeat until $2.50 or the end of the year.

SHOP - Sky is the limit. Long term trade. For now.

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 - Systematic investing. 5% and out.

LMCA - Ticker change to FWONA. Systematic investing. 5% and out.

UEPS - Systematic investing. 5% and out.

LCI - I expect earning release on Wednesday to be good higher than expected, as long as I'm correct we're in good shape.

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

IPXL - Oversold. Systematic investing. 5% and out.

James PauleyComment