9 May 2017

HNL TRADE Co. -- Main Portfolio

Watchlist -- 10 May 2017

Pending Trades:

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

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

Limit Sell 161 shares of FPRX @ $31.49 (0%)

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

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

Limit Sell 150 shares of PVAC @ $42.67 (5%)

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

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

Purchases:

N/A

Sells:

N/A

Thoughts:

We don't want to say today should/could have been better, but it definitely could have been worse. Our portfolio value seems to have hit a floor, and while the market could drive it down further, most likely, we're looking up from here. We're not sure what the story with AR is...shot up yesterday in after-hours trading, goes on to nearly double the EPS, then falls with the market today. We like AR to gain momentum in the coming days and FPRX to do our 50% sell off @ average cost per share. We can't promise those will happen tomorrow, but planning strategically, those are the most logical next two moves. Our watchlist is absolutely on fire with great securities in great positions; dare we say...strongest watchlist we've ever had. Even on the brightest of days, if we have some sells tomorrow, we most likely won't re-invest until Thursday, but our favorites stocks on the watchlist (vs. position) is NOVN, PTI, PCMI, and AUO. CBIO is in a fabulous position, but unfortunately, it's just not a great stock. Purchase at your own risk. Happy Trading!

James PauleyComment