9 March 2017

Pending Trades:

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

Purchases:

N/A

Sells:

N/A

Thoughts:

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

**UPDATE** We've been in on VSTM since October 27th of 2016, so here's some commentary; VSTM is a clinical stage pharmaceutical and should catch some traction this year. Now...that could be tomorrow (fingers crossed) or that could be on December 31st. Regardless, if you look through the last three months, you'll see that the stock is very stable, which allows you to easily manipulate the purchase price and keeps you in play for a blow up day. For now, we are completely comfortable with this position and have no intention of giving up on it.  

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

**UPDATE** Very similar to VSTM; MGNX is a clinical stage pharmaceutical that has found it's floor and should pick up serious traction sometime this year. While this stock fluctuates more than VSTM, it essentially floats between $19-$21...so there's some room to work around that price with buying low, selling high. We feel like VSTM is safer than MGNX, so if you have to pick one, pick VSTM. Could easily be trading @ $40 sometime this year.

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.

HK - Systematic investing. 5% and out.

RRC - Systematic investing. 5% and out.

LONE - Systematic investing. 5% and out.

**UPDATE** This stock is only under preforming because oil prices went down. Don't panic...ride the wave...it might be a little long that we wanted, but don't sell out early.

MDR - Systematic investing. 5% and out.

HCLP - We're not expecting a 15% rebound quickly, but this stock is only suffering because oil is suffering...so don't panic. We've got 3k in right now, and when we free up some capital, we'll go ahead and throw 2k more at this; hopefully drive the price down. Bottom line -- this is a fabulous stock to have through the year, we just purchased at the wrong time.

**UPDATE** This stock is only under preforming because oil prices went down. Don't panic...ride the wave...it might be a little long that we wanted, but don't sell out early.

IPXL - Monitoring for sub $8.50 price; probably won't happen.

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

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 - Position has improved, but broker rating has dropped. Monitoring. Most likely will fall off watchlist.

James PauleyComment