6 March 2017

Pending Trades:

Limit Sell 142 shares of CORE @ $33.74 (0%)

Limit Sell 2773 shares of VSTM @ $1.20 (0%)

Purchases:

Purchased 40 shares of RRC @ $28.04

Purchased 901 shares of LONE @ $5.63

Sells:

N/A

Thoughts:

VSTM - Systematic investing. 5% and out. Target Price $2.50

MGNX - Systematic investing. 5% and out. Target Price $30.00

CORE - Systematic investing. 5% and out.

AA - Systematic investing. 5% and out.

AUO - Systematic investing. 5% and out.

RES - Systematic investing. 5% and out.

ACET - Systematic investing. 5% and out.

IPXL - Systematic investing. 5% and out. Target Price $12.05

HK - Systematic investing. 5% and out.

RRC - Systematic investing. 5% and out.

LONE - Systematic investing. 5% and out.

UA - We still really like the position of UA for a gain, but we felt like we could sell on this, purchase IPXL, and return to UA at a cheaper price than $19.03 which would be a double win...then IPXL drops 15%...tears.

CAB - We aren't in business of fighting with stocks or pride; we sold because CAB mostly likely isn't going to do anything positive for the next two months. If we can get a re-entry of 191 shares @ a price below $47.70, it's a win. Monitoring. First loss of the year.

USB - Sold @ $53.60. Need re-entry below to make it make sense. Target Price $70.00

CNAT - Monitoring for future.

DRYS - Beware of this stock. Monitoring for future.

SHOP - Sold @ $54.48. Need re-entry below to make it make sense. Target Price $65.00

NFX - Good position, monitoring.

MDR - Good position, monitoring. Number one choice going into Tuesday morning.

James PauleyComment