1 May 2017

HNL TRADE Co. -- Main Portfolio

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Watchlist -- 2 May 2017

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Trades

Pending Trades:

Limit Sell 280 shares of AR @ $22.54 (5%)

Limit Sell 598 shares of CPG @ 10.05 (0%)

Limit Sell 180 shares of FPRX @ $35.05 (5%)

Limit Sell 1399 shares of GLYC @ $4.54 (5%)

Limit Sell 987 shares of POLA @ $6.08 (0%)

Limit Sell 330 shares of RES @ $19.14 (5%)

Limit Sell 120 shares of USB @ $53.36 (5%)

Purchases:

Purchased 180 shares of FPRX @ $33.38

Purchased 1399 shares of GLYC @ $4.32

Purchased 322 shares of OMED @ $3.89

Sells:

N/A

Thoughts:

As previously stated, our portfolio more closely follows the Dow Jones Industrial Index than the S&P 500...so the silver lining would be that the Dow was down today and we turned a nice, nearly 2% profit. That being said...the markets high...dangerously high. We don't think anything crazy is going to happen, but it's most likely not a great time to start investing. The entry point on GLYC and OMED are the most attractive, but not immune to negative volatility. Be patient if you have free capital...most of these positions should be available cheaper in a few days....unfortunately. 

James PauleyComment