Monday, April 30, 2007

Hmmm....no idea what to call this post.....

Well, I hate trying each day to think of exciting new names for my thoughts. Might be why I don't even post every day!

So today I am still in MGRM. It has not taken the flight I thought it would yet. I'll wait patiently. I think it has much potential and when it does go, it will go big I think.

Today I hung out for 3 solid hours (only taking quick potty & coffee refill breaks) in Muddy's chat room. For those of you not following along....go to http://greenonthescreen.blogspot.com/ and up at top right..."Chat Room". It was a fun morning! I mostly watch and try to pay attention. This is a "market hours" type chat room and is for alerts mainly. Buy and sell. HOD (high of day). That kind of stuff. I rarely speak up as I'm so new to this game, but every now and then I get bold and offer something. Today in between watching the chat and my pee breaks, I was on stockcharts.com at the 52 week high scans and checking out the charts on Scottrade. I stumbled across a very fun chart for SWRI. I think when I found this one it was at 1.73 and I mentioned it to the chatting crew. It seemed to cause some excitement in the room and for the rest of the day it was a hot topic! It closed at 2.24 with a HOD at 2.25, gaining volume the entire way.

I, unfortunately, was not on the ride, but it was a positive experience nonetheless! I think I am "getting it" and once I learn to trust my instincts and use my hard learned knowledge, I might make some $ at this. In the meantime, I am getting some help from some friends (can people you barely even know be friends? I think they can!) and think I'll be on my way shortly.

I told K today that I am getting bored just watching and want to jump back in the game. Nothing against him or his stock picks but when I make money at this, I think I want the satisfaction of knowing I did it myself!! (okay, well, myself but with help!) So tomorrow I am going to watch the chat again and possibly participate and POSSIBLY make a trade. We will see! I feel much more educated then I was when I bought PRW, that is for sure!!! (and that one still could do something someday. Never say NEVER!) Bye!

Friday, April 27, 2007

Friday before Saturday!

Ha! How's that for a catchy title?? I crack myself up sometimes....!

Okay, seriously, today in my trading account we sold TNRI at .20 (bought at .175) and still holding onto MRGM but this one should fly shortly. I have every confidence!! I mean, why wouldn't it?? Look at the news, the chart. Today's intraday chart shows quite a bit of consolidation. Look at the one minute chart. Look at the three day chart. Look at the GOOD NEWS on this one! Look at this article: http://www.pennysleuth.com/FieldReports/FirstPennyStockFortunes1.html

Okay, enough said. I'm in this one so I have a vested interest. It will go up. Once K gets my account back to where it started and maybe a bit higher, then I'm very anxious to try my hand at trading myself again and using some of Green on the Screen techniques and working with Laura too. They know what they are talking about. I let K take over when I was faltering and I feel bad taking it all back (yeah, it is MY money but still... he is good, he's made a bundle himself and I trust him). But I'm itching to try some action on my own again!!!

Today was Friday and I did not work but here is what takes up my entire day so I cannot even peak at the computer during market hours or even AFTER market hours. For the record, I'm married and mom to 2 (9 and 17). I work part time which means 2 days one week, 3 days the next week and back and forth. I job share. BUT I truly believe working part time is almost more work then if I worked full time. Here is WHY. When you work full time you and your full time working husband are equals. You split household chores 50/50 because you both work full time. Well if you work part-time then it's almost like you don't work (in your husbands eye's) but not only do you work but you are then responsible for like 90% of the household chores because you have SO MUCH TIME!!!! Of course you do!!!! (NOT).

Oh, and you only work part time so you can have plenty of time to be on the PTA board, help in the classroom, run your son's baseball teams website, show up for all your daughters tennis matches and your sons baseball games, have dinner ready and waiting for all children and full time working husband on most nights, help with homework, keep the entire house sparkling clean, grocery shop, run all the errands, take kids to any appts they may have, ........ !!! Oh, and I forgot, in between, I'm supposed to (and this is VERY important) keep myself looking hot and sexy for my full time working husband which means I have to find time to consistently work out, get my hair done, shop for cute clothes and basics like make-up and shampoo, get my upper lip waxed (yeah, whatever, most women must do this and if they are not doing it, they should!) and a zillion other things....to be a wonderful wife!

Holy smokes I rambled on! I am not sure if this blog is such a good idea. I'm not sure if it's really a stock market blog or a bitchy wife blog or maybe both??? Can it be both? It will depend on the day I guess.

Okay, well, this will be over and out for the weekend. We are doing a huge function tomorrow (wine touring all day and then big shin-dig at our house afterwards) and Sunday son is trying out for a tournament team and I have jewelry biz to tend to and then by the time Monday rolls around it will be stock market time again!!!! I can't wait! I bet, neither can you!!!!! Oh the suspense!!!

Tuesday, April 24, 2007

Hmmm...what shall the title be???

What a challenge to think of a fresh and exciting title for these blog posts! I could just use the date I suppose.....I'll have to think about it.

Well, today CTLG was sold. 2215 shares at .84 (which I think is what it was bought at...)
And still have TNRI and it's not doing very well at all. I'm not sure what prompted this purchase or how K found it but he must have a good reason so I'll sit tight.
And he/we purchased 850 share of MGRM which looks like it might have some potential.Got in at 2.15 on some and 2.1499 on some of the rest.

K is still running my account. We have not had much communication the last 2 days. I need to see what his strategy is. Meanwhile, my strategy has been hanging out again in Muddy's chat room. I am learning quite a bit hanging out in there!!

I broke off into a private chat with Laura (I sound like I know these people, don't I?!) who really, really, really hooked me up in the short time we talked today! She gave me some tips and showed me some things in Scottrade that I am hugely excited by. And I thought I knew so much, a regular Miss Smarty Pants. Seems I was wrong! I have so much still to learn. THANK YOU LAURA!!!

So K still has the reigns on my trading account but once I gain a bit more confidence I will take them back. Stay tuned!

Monday, April 23, 2007

Monday Morning

I lied, it's not really "morning". It's 2:22 pm West Coast time. But there is a song that has that verse and I started singing it in my head so that is what I typed in!

Still holding TNRI which reached a HOD of .23 and had it reached .25 I might not be holding it any longer. But it is reaching new highs each day so we will see what tomorrow brings.

Also still holding CTLG and nothing exciting going on with that one.

I did get 3 free trades for referring a friend to Scottrade. Whoooo hoooo! That was nice :o)

I hung out in Muddy's chat room today and watched the action. I was quite impressed with this group! They were very on top of things. I will definitely pay them a visit daily and hopefully soon, I can contribute as well.

Not very much more to post today. I'm busy updating my jewelry site, Stones on String, so stop by if you need a sexy little gift for yourself or a special friend. Brand new designs hot off the press and more to come if I can drag my butt away from the computer for a bit. Is anyone else as addicted to the internet as I am? What did I do before this????? I can barely remember!

Friday, April 20, 2007

Off to work...

Well, I have to run to work here in about 5 minutes but wanted to give you a brief update.
Sold BIOM 350 shares at 1.40 (bought at 1.30 so we are not talking a huge profit but a GAIN nonetheless!)

Now I'm still sitting on CTLG with 2215 shares and a sell limit order in (is that what you call it?) at .95

Also, looks like K put in a buy limit order on TNRI this morning at .15 and I have not talked to him yet so not sure what that is all about and no time to investigate since I have to leave for my stupid job!!! (yes I'm thankful I have a job, yes I'm appreciative I get to job share, yes I am very lucky, blah, blah, blah!!!!)

Okay, gotta run!

Wednesday, April 18, 2007

Wednesday - EARLY...

Okay, first a clarification, Muddy-of the infamous Green on the Screen blog IS indeed a "him" if I can trust the internet, emails, people I don't know and most of all, my own instinct! No, really, a very nice guy at that. I visited his chat room briefly yesterday and then we exchanged a few emails and I have a feeling he will be very helpful if (okay, WHEN) I have questions.

I did some scanning last night and here is what I think I will watch today:
ONCY-good news in a presentation released on colon cancer
CPRX-this one looks like it could start going up soon
CKRH-Just had a MACD crossover and RSI is still under 70
AVNC-this one looks really good. Lots of insider purchasing
TTGL-can't remember why and I have to leave for work

So off to work I go.........I'd much rather be staying home and watching the market. I can only sneak peaks at work and then sit helpless for the most part unless I text my friend to get me in (or out!) of something. Have a super day everyone!!

Tuesday, April 17, 2007

Morning Update

So, here is why the market is so frustrating...

Sold MDII only to see it run huge this week. FRUSTRATING
Held BIOM only to see it do nothing this weeks so far. FRUSTRATING
Bought CTLG (2215 shares) at .88 and now it's taking a nose-dive. FRUSTRATING
Hopefully CTLG will rally back up. So in the meantime, I am back to studying and reading some more.

Discovered a nice stock blog I've been following Blonde Money. A gal like me who wants to learn how to trade successfully! She incorporates video into her blog and makes it quite interesting. She also uses the author of stock blog Green on the Screen (Muddy) as her mentor and is learning quite a bit from him (assuming it's a "him", one never really knows!). So check it out in your travels.

Hopefully more exciting things to report soon!

Wednesday, April 11, 2007

On a ROLL!

Hi all, (this is assuming there IS an "all" as in "1 or more readers"???)
Okay, any-hoo, here was the action today:
BIOM - holding steady
MDII - sold at 1.70, 720 shares (bought yesterday at 1.52, sold at an 11.84% profit)
PRW - sold at 1.01, 300 shares (bought at 1.16 so took a loss of 13.67% or $61.97)

Alas, I cannot take the credit, my friend who now shall be named going forward as K, is doing the work. We are trying to get my account back to the original $2500 start limit and we are damn close!! He is erasing the few little losses I had and getting my account primed for big things!!

So stay tuned!

Monday, April 9, 2007

Monday Action

Just to keep everyone in the loop, and for my own personal record, here is what happened in my trading account today:
Sold NGEN 300 shares at 1.53
Bought MDII 720 shares at 1.52

Watching PRW, it's climbing. Would like to sell soon.
BIOM is looking to be a nice purchase!

I got my margin form filled out and faxed back so I'm good to go! See ya!!

Thursday, April 5, 2007

Two in a row!

Okay, everyone, try not to pass out but I'm posting two days in a row!!! Crazy, isn't it?! I know.

Well, the morning started out a bit frustrating. First of all, I got stopped out on my CYTR shares. Not a good way to start the day. BIOM actually had a slight gain so that one is good. PRW is flat. Blah!!! And NGEN closed out at 1.60 but it was a slow market day after all.

So my friend, the genius who is tackling the stock market like you would not believe, is going to help me a bit more. He has tried but alas, I'm very stubborn and like to do things MY WAY so he's had a hard time "guiding" me. He made me realize today that I am making some costly mistakes. For one thing, I am buying small lots of stocks, 300 here, 250 there, and I really need to put a big chunk into something that's on the way up, make my gain and get out fast. Do that over and over until I've built up my account and then I can start to add a bit more variety. Also, the sleeping in and missing the opening bell is probably not the best way to go about it either. And the fact I have to step away from my computer a few times a day is not helping much.

SOOOOOOOOoooooooo....I am giving my friend FULL control of my account to whip it into shape and I'm going to follow his every move and continue to learn. I know you will be wanting every detail so I'll still post here and you can follow along. No worries!

I'm going to do a bit of homework this weekend. My friend is into the Bio-Tech stocks and I found some great sites for breaking news:
http://news.biocompare.com/
http://biotech.seekingalpha.com/
http://www.genengnews.com/

So everyone enjoy your Good Friday and Easter weekend and I'll be back again soon!

Wednesday, April 4, 2007

I'm still here...

How sad. I feel for the few readers I have out there. I hate it when I visit blogs only to see their most recent post was days ago. I LOVE fresh content! So why am I not here more often?? Well, there are many reasons and I will not complain about them too much BUT the point of this blog to begin with, was to help more busy women like me excel at trading . When I first started out (granted, only a few months ago!) I found very few blogs from women traders! And even fewer from women like me who were married, raising a family, running a household and had very little time to jump into a venture like this and learn what you need to know to be a successful trader. I thought it would be fun, useful and informative to log my journey, not only for other traders, but for myself as well.

So enough of that!!! I can't promise I'll be here daily, as every spare moment I have on the computer seem to be looking for the next big move, but I'll try to get here a tad more often then once a week as that is a huge pet peeve of mine in other blogs!!!

So, a lot has happened since I was last here. I convinced my husband we should use part of our tax return to fund my trading account. I deposited a grand total of $2000 and it went in today at market open. I promptly spent my wad!! (I AM a woman after all!) My stock trading friend and mentor has been tossing bones my way for a while and I decided to shock the shit out of him and actually act on a few. Unfortunately I was not quite fast enough (translates into "snuggly in my bed and did not want to get up, put in my contacts and be at the computer screen promptly at 6:30 Pacific Time) so I didn't make quite the profits I possibly could have but I'm not unhappy with my holdings so here you go:
PRW - 300 shares (still holding from long ago, hope to sell soon.....)
Today bought:
CYTR - 200 shares at $5.24, stop at $4.82 which is an 8% loss
NGEN - 300 shares at $1.68
BIOM - 350 shares at $1.24

Bought these early in the trading day. My friend gave me the leads (actually I found BIOM on my own from previous evening scans) and I checked the charts, liked the volumes and jumped in. I set stops on CYTR and NGEN but did NGEN only till end of day and it ran out so I need to redo in the morning. I'm leaving BIOM as a longer term effort (know there is an official name for that....??).

So that is where I'm at. Isn't this fun? NOT YET! It was a bit gut wrenching. The big question will be whether I can be a successful and profitable trader while living my normal and hectic life!! This week, for example, my Mother is visiting for a week, the kids are on spring break and we have numerous activities daily. I also like to work out, preferably in the morning, which is during market hours. NO CAN DO. Today I worked out at 1:15, right after market closed. I also have a real job and work part time. My kids play sports, my daughter is getting ready for her Senior year in high school, we are a very busy family with a big social life as well.

So the purpose of this blog is "CAN SHE DO IT?" and I am out to prove I can!!!

P.S. RCAU...by the way...sold last week at $2.45 with a nice little profit (at this point anything, even $50, is a nice little profit!) but as you all know, this stock is out of control with growth!!! I like watching it even though it's long gone from my life for now.....