AIB
LOW: 3.12
my target: 3.20.
MISSED
EXM
LOW 9.91
my target: 9.90
would not have hit.
PRGN
LOW: 5.2
my target: 5.00
would not have hit.
nonetheless: KEY IT IN BEFORE HAND
Tuesday, May 26, 2009
Saturday, May 23, 2009
BUYS ATVI and AIG
ATVI dropped 3% to 11.00, bought more.
AIG dropped 9% to 1.66, bought more.
AIB is still shooting up. Apparently it follows the European markets and is independent of dow and S&P. Shall re enter AIB at 3.35, if ever it drops so low again, sigh.
GU is hovering at 2.65, i will get more when it drops below 2.6.
EXM didnt rise as much as i expected, sort of tamed down to 10.3 after the spike to 11. Will reenter when it goes below 10.
Looking at vulcan.
Need to do more research to find more suitable positions.
AIG dropped 9% to 1.66, bought more.
AIB is still shooting up. Apparently it follows the European markets and is independent of dow and S&P. Shall re enter AIB at 3.35, if ever it drops so low again, sigh.
GU is hovering at 2.65, i will get more when it drops below 2.6.
EXM didnt rise as much as i expected, sort of tamed down to 10.3 after the spike to 11. Will reenter when it goes below 10.
Looking at vulcan.
Need to do more research to find more suitable positions.
Friday, May 22, 2009
SELLS OFF WINNERS, FEELS EXTREMELY STUPID
AIB SOLD AT 3.35. NOW AT 4.
EXM SOLD AT 9.95. NOW AT 11.
WHERE HAS MY POLICY OF NOT SELLING TILL THERE'S A CHANGE IN COMPANY FUNDAMENTALS GONE!!!???
now to resist the urge of buying into the euphoria. DO NOT BUY.
EXM SOLD AT 9.95. NOW AT 11.
WHERE HAS MY POLICY OF NOT SELLING TILL THERE'S A CHANGE IN COMPANY FUNDAMENTALS GONE!!!???
now to resist the urge of buying into the euphoria. DO NOT BUY.
Wednesday, May 20, 2009
intrepid investing...the month in review. APR 14 to MAY 20 2009
summary:
the month started out rocky, was holding on to a 20% loss at one time. held on and it recovered. went into speculation with FAZ. guessed right but didnt sell due to greed, traded it at an 8% loss in the end. did some small trades amounting to a 20% turnover. overall gain is now 7-8% as of writing, with a realized gain of 2%.
breakdown by position:
AIG - america international group
Apr 14, 2009 Buy AIG 1.70
May 7, 2009 Sell AIG 1.98
held: 21 days
change: 14%
speculative buy, sold in the first rally. price is around 1.8-1.9 now.
verdict: good move on the sell. could have been more decisive and sold at 2.05
EXM - excel marine corp
Apr 20, 2009 Buy EXM 7.11
May 19, 2009 Sell EXM 9.95
held: 29 days
change: 38%
current price: 10.5
haha, jokes on me. this received a massive upgrade right after i sold it. i earlier posted that i'd feel happy locking in my profits, but i still feel the pinch.
verdict: i stand by my decision.
NTE - nam tai
Apr 20, 2009 Buy NTE 4.30
May 11, 2009 Sell NTE 4.20
held: 21 days
change: (4%)
current price: 4.3
was a promising company. no debt, produced base materials for LCD screens/other electrical equipment for many major companies like sharp and sony. Q1 results showed strange management trends of not wanted to take deals at lower margins. dividend was canceled. sold it for a loss.
verdict: price may have recovered now, but i believe future growth is limited.
FAZ - direxion financial bear 3x etf
May 7, 2009 Buy FAZ 5.41
May 20, 2009 Sell FAZ 5.05
change: (8%)
current price: 5.17
worst mistakes i've made. this went up to 6.3, but i was greedy and didnt want to just take the 10% gain. 1000 bucks gone.
verdict: don't speculate.
AIB - Allied Irish Bank
Apr 14, 2009 Buy AIB 3.05
still holding.
current price: 3.4
change: 14%
dropped to 2.0 along the way, but i didnt buy any more.
largest bank in ireland. No chance of nationalization. Still in huge debt but in process of restructuring, leaders that got it into this mess are stepping down.
verdict: speculative. should have bought more when it dipped.
GU - gushan environmental energy
Apr 14, 2009 Buy GU 2.72
still holding.
current price: 2.45
change: (8%)
largest biodisel manufacturer in china. took at price hit when q1 results were released, but company is fundamentally sound. no debt, and it increased production capacity even in this downturn.
verdict: should buy more.
NOV - national oilwell varco
Apr 20, 2009 Buy NOV 33.81
Apr 23, 2009 Buy NOV 29.85
Apr 23, 2009 Buy NOV 30.00
still holding.
average price: 30.8
current price: 37.1
change: 18%
had a huge scare when i bought the bulk of this at 30 and 29, my cheque bounced and they wanted to force sell it at 28. so i rushed down to the bank at 6pm and got the EPS settled.
got this recommendation from Motley fools research report. Largest producer of oil-drilling equipment in the USA. I see demand for their products as oil prices increase and more reserves need to be tapped.
verdict: hold, good job on the averaging down.
ATVI - activision blizzard
Apr 20, 2009 ATVI 10.30
still holding.
current price: 11.5
change: 10%
only the greatest game company ever. nuff said.
verdict: should buy more before diablo 3 and starcraft 2 hit.
HURC - hurco companies
Apr 20, 2009 Buy HURC 14.76
still holding.
current price: 15.1
change: 2%
laser welding company. debt free. would see a pick up when manufacturing revives.
verdict: still holding.
OLN - olin corp
May 11, 2009 Buy OLN 12.85
May 11, 2009 Buy OLN 12.66
bought this for the 6% dividend yield. they've been paying out for the past 100 years. solid company that should stand the test of time.
verdict: don't sell.
the month started out rocky, was holding on to a 20% loss at one time. held on and it recovered. went into speculation with FAZ. guessed right but didnt sell due to greed, traded it at an 8% loss in the end. did some small trades amounting to a 20% turnover. overall gain is now 7-8% as of writing, with a realized gain of 2%.
breakdown by position:
AIG - america international group
Apr 14, 2009 Buy AIG 1.70
May 7, 2009 Sell AIG 1.98
held: 21 days
change: 14%
speculative buy, sold in the first rally. price is around 1.8-1.9 now.
verdict: good move on the sell. could have been more decisive and sold at 2.05
EXM - excel marine corp
Apr 20, 2009 Buy EXM 7.11
May 19, 2009 Sell EXM 9.95
held: 29 days
change: 38%
current price: 10.5
haha, jokes on me. this received a massive upgrade right after i sold it. i earlier posted that i'd feel happy locking in my profits, but i still feel the pinch.
verdict: i stand by my decision.
NTE - nam tai
Apr 20, 2009 Buy NTE 4.30
May 11, 2009 Sell NTE 4.20
held: 21 days
change: (4%)
current price: 4.3
was a promising company. no debt, produced base materials for LCD screens/other electrical equipment for many major companies like sharp and sony. Q1 results showed strange management trends of not wanted to take deals at lower margins. dividend was canceled. sold it for a loss.
verdict: price may have recovered now, but i believe future growth is limited.
FAZ - direxion financial bear 3x etf
May 7, 2009 Buy FAZ 5.41
May 20, 2009 Sell FAZ 5.05
change: (8%)
current price: 5.17
worst mistakes i've made. this went up to 6.3, but i was greedy and didnt want to just take the 10% gain. 1000 bucks gone.
verdict: don't speculate.
AIB - Allied Irish Bank
Apr 14, 2009 Buy AIB 3.05
still holding.
current price: 3.4
change: 14%
dropped to 2.0 along the way, but i didnt buy any more.
largest bank in ireland. No chance of nationalization. Still in huge debt but in process of restructuring, leaders that got it into this mess are stepping down.
verdict: speculative. should have bought more when it dipped.
GU - gushan environmental energy
Apr 14, 2009 Buy GU 2.72
still holding.
current price: 2.45
change: (8%)
largest biodisel manufacturer in china. took at price hit when q1 results were released, but company is fundamentally sound. no debt, and it increased production capacity even in this downturn.
verdict: should buy more.
NOV - national oilwell varco
Apr 20, 2009 Buy NOV 33.81
Apr 23, 2009 Buy NOV 29.85
Apr 23, 2009 Buy NOV 30.00
still holding.
average price: 30.8
current price: 37.1
change: 18%
had a huge scare when i bought the bulk of this at 30 and 29, my cheque bounced and they wanted to force sell it at 28. so i rushed down to the bank at 6pm and got the EPS settled.
got this recommendation from Motley fools research report. Largest producer of oil-drilling equipment in the USA. I see demand for their products as oil prices increase and more reserves need to be tapped.
verdict: hold, good job on the averaging down.
ATVI - activision blizzard
Apr 20, 2009 ATVI 10.30
still holding.
current price: 11.5
change: 10%
only the greatest game company ever. nuff said.
verdict: should buy more before diablo 3 and starcraft 2 hit.
HURC - hurco companies
Apr 20, 2009 Buy HURC 14.76
still holding.
current price: 15.1
change: 2%
laser welding company. debt free. would see a pick up when manufacturing revives.
verdict: still holding.
OLN - olin corp
May 11, 2009 Buy OLN 12.85
May 11, 2009 Buy OLN 12.66
bought this for the 6% dividend yield. they've been paying out for the past 100 years. solid company that should stand the test of time.
verdict: don't sell.
Tuesday, May 19, 2009
EXM sold @ 38% gain after transaction fees.
its risen too high too fast in anticipation of earnings results. i'm happy with the gains, although its just a 5% stake in my portfolio (15% is burning in FAZ). the potential upside does not outweigh the downside, so i'm selling. It might still rise, but i'll still be sitting tight with my gains locked in.
Monday, May 18, 2009
Friday, May 15, 2009
GU files earning report
http://finance.yahoo.com/news/Gushan-Environmental-Energy-prnews-15256254.html?.v=1
sounds bleak, revenues down, negative earnings per share. but production is increasing and no debt, large cash on hand. poised for the recovery?
i'll average down if price drops below 2.
sounds bleak, revenues down, negative earnings per share. but production is increasing and no debt, large cash on hand. poised for the recovery?
i'll average down if price drops below 2.
day 5 of FAZ.
bought this kitten at 5.4, a day before the market rallied 6% sending this down 20% to 4.4. i held out this week, price rose handsomely to 6.30 where i could have sold out at a 16% gain. at day 4. it dropped subsequently by 9% to 5.55 at midday today (day 5)
2nd guessing myself here, thinking i should have sold at 6.30.
i'm still holding FAZ, as of writing i believe the current rally is unsustainable and my 5.4 cost basis will net me at least 20% in the long run. my lower sell stop is cost price. upper sell stop at 6.48.
2nd guessing myself here, thinking i should have sold at 6.30.
i'm still holding FAZ, as of writing i believe the current rally is unsustainable and my 5.4 cost basis will net me at least 20% in the long run. my lower sell stop is cost price. upper sell stop at 6.48.
Monday, April 06, 2009
landscapes
lets face it...most landscapes are boring. over saturation, HDR's and all sorts of nonsense are employed by people to make up for poor composition, poor lighting, and the lack of a point of interest...but that's just putting loads of makeup over an ugly face...you know its ugly beneath it.
these guys know what they're doing...and you'll notice that HDR isnt part of their repertoire.
california light and structure
oberberg on flickr
these guys know what they're doing...and you'll notice that HDR isnt part of their repertoire.
california light and structure
oberberg on flickr
Saturday, May 06, 2006
Monday, May 01, 2006
challenge urself...watch this and don't laugh...
its a classroom and they're not supposed to laugh...if they do they get painfully ass-whacked...
religion test
 | You scored as agnosticism. You are an agnostic. Though it is generally taken that agnostics neither believe nor disbelieve in God, it is possible to be a theist or atheist in addition to an agnostic. Agnostics don't believe it is possible to prove the existence of God (nor lack thereof). Agnosticism is a philosophy that God's existence cannot be proven. Some say it is possible to be agnostic and follow a religion; however, one cannot be a devout believer if he or she does not truly believe.
Which religion is the right one for you? (new version) created with QuizFarm.com |
wa lao i love pork, alcohol, and illicit...well nvm...so why is my islam score so high???
Friday, February 10, 2006
cure for the itch.
i needed something to waste time, since dota's officially off till after first pros, and someone's House dvd's are cranky. wah lao i cant stand how accurate yinghao's predictions are. or how he just states the obvious and make it sound like a totally intelligent prediction. and yet he's still right...i didn't do any mugging whatsoever in ga's house, it was just 5 hours squandered with a click of the finger.
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