13 June 2017

HNL TRADE Co. -- Main Portfolio

Watchlist -- 14 June 2017

Trades

Limit Sell 376 shares of CNQ @ $30.79 (5%)

Limit Sell 1219 shares of CPG @ $9.49 (5%)

Limit Sell 355 shares of FPRX @ $32.55 (5%)

Limit Sell 287 shares of MOMO @ $40.34 (5%)

Limit Sell 2884 shares of OMED @ $3.84 (0%)

Limit Sell 3135 shares of POLA @ $5.23 (0%)

Limit Sell 2496 shares of PTI @ $4.64 (5%)

Limit Sell 1195 shares of SND @ $9.68 (5%)

Purchases:

Purchased 1534 shares of OMED @ $3.63

Purchased 1114 shares of POLA @ $4.70

Sells:

Sold 1219 shares of CPG @ $9.03 for no gain

Thoughts:

Reposition on CPG worked and it's currently @ $9.00 so that position could become profitable quickly. POLA and PTI are killing us, but there's just so much upside. We're nowhere near close to getting rid of them, but staying in the game has been challenging; stick with them if at all possible. OMED will be trading at $5.50 by the end of the year (conservatively), so we are okay if we have to stay with a larger position in there. Other than that, until one of these positions catches traction, we're expecting a lot of +.5/-.5 type days, which is boring, we know...but ride the wave. This is part of it. We're not looking at any new positions for the moment. Looking forward, our next transaction should be for a 5% gain, looks like, sometime early next week. Happy Trading!

James PauleyComment