The Game: Taking $3500 and some Risk to $15000

[dwest718]

I am a little embarrassed to update my portfolio... SWIR got destroyed AH... got bumped out of DDDC today for 15% loss.  Bought more SWIR as a longer term investment ... listen to the conference call and you'll know exactly why.  Here are some quotes.

"Expect decline in demand [from some larger customers] for some of our current products during Q3 as they prepare to launch next generation products late in the quarter."

"Expect pressure on financial results of Q3 but considerable growth in Q4 [because of this change]."

Guidance for Q3 was below estimates so the stock is down 35% AH but there is every indication that there will be a huge bounce in Q4 and into 2007.  Here's the quote that I love most (Around 36:00 minutes in):

"This [2006] is sort of a training wheels year... great percentage growth... but it's still small dollars, right?... We do think that 2007 will be a much stronger growth year."

Bought everything I could AH.  Ended up getting 30 more shares at 11.20 a pop.  That means I have 60 shares at an average basis of just over 9.00 a share.

My updated lists after a bit of research today:

ST:
TGC
CAMD
HDY
BCGI
BWNG

MT:
SCU
BGO
PTN
CAAS
CCOI
CYTO
AMCC
EFJI
EMIS
SFP
IPG

LT:
CGR
GBN
PRZ
MRY
CDY
HTI

?:
CNCT
DSCO
BKHM
AVNX
DRTE
WSTL
CNXT
KRY

I am planning to change my lists this weekend to something a bit simpler.  I will also update portfolio status tomorrow afternoon sometime.

[AussieTrader]

MArket doen't like the 'Q3 will be bad but 2007 wil be great...honest' comment from SWIR.
Be careful Dwest SWIR after hours crashed through the 200 day support, as other tickers have seen before, the market is currently merciless when it wants to sell off post earns especially if there is a 'perceived reason' to sell it down. SWIR could head down a lot lower before it finds support.

[dwest718]

It won't fall below 10.00 for sure.  But I don't think it'll fall below the 10.67 AH low it hit last night either.  It's around 11.50 premarket and that's with a downgrade that Piper Jaffray made to simply cover themselves.  I think it will end up being the same as Law's downgrade of Halliburton (the stock has been up more than 10% in the few days since).  We'll see though.  I have a stop to protect my profits and I'll go from there.  I've held the company for 15 months and I've been fairly good at predicting reactions but this one was ridiculously beyond my expectations.  Just goes to show how awful the market is right now.  Thanks for the advice aussie... and now I'll give you some.  If you can get an order filled at 11.00 you'll be in very good shape for the coming months.  Between sentiment and "expected" Q4 and Q1 '07 revenue/earnings, 50% will be chump change.  I'll post the link to the conference call later today... everyone should listen to it.

[dwest718]

Anyone watching SWIR today... Hope someone got in with me in the low 11's.  GO SWIR!

[dwest718]

So lost money on DDDC and SWIR... but put some back in SWIR and made a good bit today.  Up more than 13% on half my shares.  Down a little more than 20% on the other half ... only lost $60 on a stock that fell 35% AH yesterday after investors panicked.

[dwest718]

Here are the charts.  Check my posts in Stock Picking for SWIR to see latest analysis.

And everywhere I say tomorrow, I mean Monday 

[dwest718]

And an end of week update of portfolio value.  Still waiting for that account transfer to go through.:

Available Cash: $17.59

Open Positions: $762.00
- 60 SWIR @ 12.70

Unavailable Cash: $3000
Total Value: $3779.59 (Start value of $3856.30)

I'm down 2.0% YTD

[hermanpu]

majority of your 60$ profit is going towards commissions

[dwest718]

majority of your 60$ profit is going towards commissions

$60 profit?

I lost 60 bucks today but could've lost 150 if I wasn't smart.  It'll make more sense in a week ...  I just wanted to get my feet wet after at least 6 months of inactivity ... oh well if I lose 3 or 4 commissions in the process.

[dwest718]

A few charts to show why I am happy with my postion in SWIR.  First the short term...

... then the long term in the next post.

[dwest718]

Long term charts.

[dwest718]

The transfer is taking much longer than expected.  All funds should be settled by the end of next week.  Then I will be much more active with my trading and posting.  Still holding the 60 shares of SWIR w/ stop @ 10.50.

It also looks like I have a bit more money available then I originally expected.  I will update my status and begin a much more active regiment on Monday the 14th (08/14/06).  Until then... happy trading 

[dwest718]

Alright my account is finally settled how I want.  Currently I have a little more than 3k in cash available and 60 shares of SWIR.  I have much less time to research than expected but I still am monitoring buying opportunities.  Thinking of putting some money into TMTA or ARNA soon but not sure.

Have started looking for pennies every morning to try to catch a big gain but have only found a couple that were worth while and they both fizzled before I could put money in.  Will keep a very updated status starting Thursday or Friday.  Happy trading!

[dwest718]

Alright... bought 600 shares of TMTA Thursday @ 1.18.  Now have 60 shares of SWIR and 600 shares of TMTA in addition to around 2000 in cash.  Scanning for pennies every day and also starting some more research on $1-10 that are technically attractive.

[dwest718]

Bought 40 shares of DVIX today @ 20.19 following Ramsburg's advice.

Starting values:
600 shares of TMTA bought @ 1.18 (stop @ 1.03) - $708
30 shares of SWIR bought @ 11.20 (stop @ 10.45) - $336
30 shares of SWIR bought @ 6.89 (stop @10.45) - $207
40 shares of DVIX bought @ 20.19 (stop @ 18.00) - $808

$2060 initial equity price
$1600 in cash

Current values:
TMTA: 600 @ 1.19 ($714)
SWIR: 60 @ 12.60 ($756)
DVIX: 40 @ 21.60 ($864)

$2340 current value
$1600 in cash

Up 7.7% YTD

Continuing to look for a penny to put 1500 bucks into.  Any suggestions on the easiest way to find good penny stocks?