This thread will be used to post the trades made for the 3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php) a few seconds
after they were executed. We won't send any e-mail alerts.
According to Rule 20 of the "3 SOF Portfolio FAQ (http://www.3stocksonfire.org/trading/index.php?topic=8739.0)":
Quote20 - Do you send an e-mail alert before buying or selling any stock?
No. You're not supposed to follow these trades. You're only supposed to assimilate the techniques used to pick fast moving stocks. We put the trades on the "Trades" thread and the "3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php)" page on the minute right after executing the trade.
So, this is different from the Main Portfolio (http://www.3stocksonfire.org/3stocksonfire.php) service, where we always send a "pre-trade" e-mail alert when the market is closed, and never change the trading plan during market hours.
We can't pre-plan the trades for the 3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php) because intraday information is considered in the decision making process.
Until now, as you can see here (http://www.3stocksonfire.org/trading/index.php?topic=8743.msg84913#msg84913) and here (http://www.3stocksonfire.org/3stocksonfire_3sof.php), only one trade was executed:
- EXCS.OB was bought at $0.062 for the 3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php).
I'll put all trades on this "Trades" thread (and on the Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php) page) just seconds after they were executed so that you don't have to follow all the analysis made on every stock on that session's thread to be aware of the trades being made.
Thanks for your participation, see ya :)
EXCS.OB sold @ $0.085.
Short justification:
- Wednesday's press release says December sales were up 157% from November's levels, but there's no information about November's numbers, so revenues can be up 157% from a very small base.
- The balance sheet shows they'll need to dilute shareholder value going forward.
- I got a 37.5% profit in two days on this "orange". Not sure if there's any more juice to squeeze. Time to move on to another speculative play.
Bought HGR @ $8.76. The video is still being uploaded but the justification will show up in a second on today's market thread.
Bought AAGH.OB @ $0.105. The video is still being uploaded but the justification will show up in a second on today's market thread.
AAGH.OB sold @ $0.147.
Motive:
«I think it can go as high as $0.16, but I don't want to be greedy. 40% profit on the trade.
The thing is, during the night, I read the 10-Q of the company and found out that the CEO has 500,000 preferred shares that are convertible to 100,000,000 common shares of AAGH.OB. This makes AAGH's common shares a worthless piece of paper, the CEO will always own the company, no matter how many common shares we buy.»
Bought NXXI @ $2.27.
Bought XNL @ $3.16.
Sold NXXI @ $2.17.
Sold XNL @ $3.07.
Bought TRMM @ $3.17
Sold ASIA short @ $8.37
(not showing on the Portfolio page yet due to a technical problem that Ramsburg is solving)
- Sold HGR @ $8.87
- Bought OFI @ $3.80
(not showing on the Portfolio page yet due to a technical problem that Ramsburg is solving)
The problem with the trades database is finally solved ::) You may watch a strange spike on the intraday portfolio charts due to the late insertion of today's trades:
http://www.3stocksonfire.org/3stocksonfire_3sof.php
regards,
- Closed short ASIA @ $8.35
- Bought FUEL @ $1.56
- Sold FUEL @ $1.66
Bought SILC @ $13.41
Sold TRMM @ $3.11. Sold OFI @ $5.22. Bought CPNE.OB @ $2.08.
Bought GOAM @ $8.45
Sold GOAM at $8.23.
Actually this sale was made right after the open (as you can read on today's opening post (http://www.3stocksonfire.org/trading/index.php?topic=8864.msg86832#msg86832)), but I forgot to put it on this thread (Ramsburg always did that in my name but he's in vacation now), fortunately GOAM is now more or less at the same price I sold, which was $8.23 (trading at $8.25 now).
I won't forget this thread anymore.
Bought RDCM @ $3.08
Sold SILC @$15.12. Bought ETLT @$0.80.
Sold RDCM @$3.06
Bought PFSW @$1.07.
Sold CPNE.OB @ $3.20.
Bought TRMM @$3.25.
Sold TRMM @ $3.19.
Bought EXM @ $18.16.
Sold ETLT.OB @ $0.72. Sold PFSW @ $1.03. Sold EXM @ $17.67.
Sold FRPT SHORT @ $15.95.
Sold SIGM SHORT @ $28.13
Bought QID @$54.50
- Buy to Cover SIGM @ $26.63
- Buy GOOG Mar 460 Put @ $22 (yahoo ticker: GOPOL.X)
Note: (Buy only 10% in this position not the regular 33%)
Buy FMCN Mar 2007 $80 Put @ $8.40 (yahoo ticker: QOHOP.X)
Note: (Buy only 10% in this position not the regular 33%)
Sold QID @ $55.10, Bought JADE @ $10.39.
(33.3% of capital)
Bought to cover FRPT @ $15.49.
- Sold GOOG Mar 460 Put @ $9.30 (yahoo ticker: GOPOL.X)
- Sold FMCN Mar 2007 $80 Put @ $3.20 (yahoo ticker: QOHOP.X)
- Sold JADE @ $10.35