Boy, it has been a while since I posted!!! Sorry about that!! Since I was last here some things have changed. I sold all of my positions and am starting fresh. Sold the following, all at a loss, I might add:
SWEB - 250 shares - bought at 1.14, sold at 1.01
CVM - 160 shares - bought at .96, sold at .81
OPBL - 1400 shares - bought at 1.00, sold at .47 (OUCH!!! Yeah, that hurt.)
I know OPBL did go up a bit after I sold it and that was painful to watch as well but the relief I feel to be out of that one right now is great!! Win some, lose some. I am sad I took such losses recently but these are learning experiences and I'm ready to move on. As you may recall, I purchased CVM and SWEB myself and my friend purchased OPBL for me. All were bad decisions right now.
So I will tell you that my next move is on NSMG. Watching it carefully and plan to go all in. This one could hopefully help me gain back my losses and then some. So keep an eye on things and see how I do! I'll try to get back soon and update you. I have a limit order in but the price needs to drop a bit for the buy in. As soon as I am in I'll post it here!!! Happy June everyone!!
Showing posts with label OPBL. Show all posts
Showing posts with label OPBL. Show all posts
Monday, June 4, 2007
Wednesday, May 16, 2007
Real quick...
Just wanted to say hello. I rarely post on a Wednesday. My holdings are all still in SWEB, OPBL and CVM. So nothing new. I'm watching OPBL like a hawk though. Waiting for that one bit of good news that will spike it so I can sell it. I feel fairly sure it will happen.
In the meantime I sit and wait. And work my two day jobs. Oh, but one is actually a "night job" as I only work there 1 night a week for the clothing discount!! Which, I might add, is 40% and that is huge when you are a fashionista like myself and have a teenage daughter AND a somewhat fashionable husband as well! The store has both men's and women's clothing. So I fell into that job almost accidentally (does anything really happen accidentally?). And I make and sell jewelry. I am working part time at a major food processing company AND I am trying to learn the stock market. In between, I'm just a mom, wife, friend, daughter, sister.......!!!
Okay, well after 2 big glasses of wine I think I need to hit the sack. I would apologize for that except look what I cover in a day! I deserve a big glass of wine! (or two).
Bye!
In the meantime I sit and wait. And work my two day jobs. Oh, but one is actually a "night job" as I only work there 1 night a week for the clothing discount!! Which, I might add, is 40% and that is huge when you are a fashionista like myself and have a teenage daughter AND a somewhat fashionable husband as well! The store has both men's and women's clothing. So I fell into that job almost accidentally (does anything really happen accidentally?). And I make and sell jewelry. I am working part time at a major food processing company AND I am trying to learn the stock market. In between, I'm just a mom, wife, friend, daughter, sister.......!!!
Okay, well after 2 big glasses of wine I think I need to hit the sack. I would apologize for that except look what I cover in a day! I deserve a big glass of wine! (or two).
Bye!
Monday, May 14, 2007
More and more and more...
Hi everyone! What I mean by the title today is that I continue to learn "more and more and more..." and that is okay!!
Current situation today:
Sold all 150 shares of BKHM for 2.40 today (bought at 2.39) ooooh...huge profits! (NOT!) but the reason I did this will become clear in a sec.
Friday my friend K asked if he could sell MGRM and buy something else. So we did that and then bought 1400 shares of OPBL. Of course, you may have heard by now, bad news on OPBL over the weekend. Not looking that great but ..... well, but nothing. It's not looking that great.
So now I still have CVM which is doing nothing but the last 1/2 hour of the trading day today, I got really good news on SWEB. Earnings report up 72%! This is one of my old faves. Found it a while back at it's baby stages of .80+ and it has done progressively better over the last 3 months. So I decided in the last few minutes before the markets closed, to sell BKHM and buy 250 shares of SWEB. I'm in at 1.14 and feel good about it.
I want to say a few more things, again, I continue to learn. My friend does not use stops. Actually, he does use them, but more the "mental" kind as he is by the computer all day long trading. Me, I am only by the screen 2-3 days a week max, and step away often! I'm re-thinking the stop orders. In my case, with a little trading fund to begin with, I think it's necessary. I won't lie to you, my account today, which started at $2500, is down to $1077. Not exactly what I had in mind when I started this.
But I'm still learning. I'd love any comments anyone has regarding ...... well, regarding anything at all that may help me! Just any words of wisdom, advise, etc. Or any thoughts on OPBL. Do you think it has a fighting chance? Hit me, I can take it!
Current situation today:
Sold all 150 shares of BKHM for 2.40 today (bought at 2.39) ooooh...huge profits! (NOT!) but the reason I did this will become clear in a sec.
Friday my friend K asked if he could sell MGRM and buy something else. So we did that and then bought 1400 shares of OPBL. Of course, you may have heard by now, bad news on OPBL over the weekend. Not looking that great but ..... well, but nothing. It's not looking that great.
So now I still have CVM which is doing nothing but the last 1/2 hour of the trading day today, I got really good news on SWEB. Earnings report up 72%! This is one of my old faves. Found it a while back at it's baby stages of .80+ and it has done progressively better over the last 3 months. So I decided in the last few minutes before the markets closed, to sell BKHM and buy 250 shares of SWEB. I'm in at 1.14 and feel good about it.
I want to say a few more things, again, I continue to learn. My friend does not use stops. Actually, he does use them, but more the "mental" kind as he is by the computer all day long trading. Me, I am only by the screen 2-3 days a week max, and step away often! I'm re-thinking the stop orders. In my case, with a little trading fund to begin with, I think it's necessary. I won't lie to you, my account today, which started at $2500, is down to $1077. Not exactly what I had in mind when I started this.
But I'm still learning. I'd love any comments anyone has regarding ...... well, regarding anything at all that may help me! Just any words of wisdom, advise, etc. Or any thoughts on OPBL. Do you think it has a fighting chance? Hit me, I can take it!
Tuesday, March 6, 2007
A Sigh of Relief...
Yes, I'm definitely sighing in relief that today the stock market rebounded! Was I a bit discouraged that thing started looking bleak right as I am delving into this thing? Of course!!! I am relieved that things are bouncing back. To be honest, I knew they would. I did not doubt it for a second!
I am several chapters into my book and just starting to get into the technical analysis chapters. How to read a chart. Specifically, a "candlestick" chart. I've fought it long enough. Now I guess I have to learn. I've determined that my style of trading, once I'm up and running, will be swing trading or someone who holds their stocks a few days, waiting to take the profit and move on to the next big thing. I work part time and currently have Mondays and Tuesdays off every week and then every other Friday off too. So this type of trading will work with my schedule.
I'm sorry this blog is not more exciting. It will get better, I promise!! I think I might put a sell order in for my PRW stock that is not doing that great. If I break even, I'll be happy! Then I will buy into something that is moving better, maybe testing my charting abilities. Just to humor you, here is my watch list:
DMGI
OPBL
MLSS
CYTR
OFI
CSUH
YTBL (I discovered this one, by the way, back when it was like $2.00something and then shot upwards of like $18.00!!!)
ITLI
So that is all for now. Mostly I'm thankful the market is heading back up and giving me faith in all things good in the world.
I am several chapters into my book and just starting to get into the technical analysis chapters. How to read a chart. Specifically, a "candlestick" chart. I've fought it long enough. Now I guess I have to learn. I've determined that my style of trading, once I'm up and running, will be swing trading or someone who holds their stocks a few days, waiting to take the profit and move on to the next big thing. I work part time and currently have Mondays and Tuesdays off every week and then every other Friday off too. So this type of trading will work with my schedule.
I'm sorry this blog is not more exciting. It will get better, I promise!! I think I might put a sell order in for my PRW stock that is not doing that great. If I break even, I'll be happy! Then I will buy into something that is moving better, maybe testing my charting abilities. Just to humor you, here is my watch list:
DMGI
OPBL
MLSS
CYTR
OFI
CSUH
YTBL (I discovered this one, by the way, back when it was like $2.00something and then shot upwards of like $18.00!!!)
ITLI
So that is all for now. Mostly I'm thankful the market is heading back up and giving me faith in all things good in the world.
Subscribe to:
Posts (Atom)
