Friday, April 30, 2010

April 26-30

April 26 - Bought shares in AGL Resources. They announced EPS on the 27th and it was estimated they would be $1.52 per share. I also sold all of my shares in Raytheon Company and lost $300 after trying to profit on their earnings announcement.

April 27 - Sold my shares in Travelers Company and lost about $650.

April 28 - Sold my shares in Grupo Simec S A DE C V and lost over $1,300. The stock was very cheap and earnings were supposed to be very large in proportion. Bought shares in Oshkosh Corporation because their expected EPS announcement was supposed to be $2.62 per share. Bought shares in AstraZenica with an estimated EPS of $1.71 per share.

April 29 - Sold Oshkosh and lost over $1,500. Bought shares in Beasley Broadcast Group. Their estimated EPS announcement was unknown so I was taking a gamble. Instead of hanging onto the stock to see what would happen, I took my chances of going 100% cash for the last day of the stock market game. I sold of Beasley, Fastenal, AstraZenica, and AGL Resources, making profit on all of them, more so Fastenal than the rest.

April 30 - No action taken. Went all cash.

Friday, April 23, 2010

April 19-23

April 19 - Invested in three companies that were announcing EPS on April 20. Bought shares in Biogen Idec Inc. They were to announce EPS with it estimated at $1.13 per share. Bought shares in CPI Corporation. EPS was estimated to be $2.77 per share when the stock price was less than $15 per share. Bought shares in Stepan Company. EPS was estimated at $1.84.

April 20 - Made huge gains on CPI ($8000+) and Stepan ($4000+), so I sold before they could go down and lose the gains. Sold my shares of ATP Oil and Gas for over $4000 as well and sold my shares of Biomarin Pharmaceuticals for over $3000.

April 21 - Bought shares in Raytheon Company. They were to announce expected EPS of $1.11 on the 22nd.

April 22 - Sold my shares of Gannett Inc because it wasn't moving. Sold my Biogen shares after losing over $1000 trying to get lucky again with EPS. Bought shares in Grupo Simec S A DE C V after they were expected to announce EPS of $1.84 on stock that was less than $9 per share. Bought shares in Travelers Company because their expected EPS was $1.37 per share.

April 23 - No action. Wanted to see where my two recent investments would move me in the standings, but they haven't done much since I purchased them.

Thursday, April 15, 2010

April 12-16

April 12 - Bought shares in Fasternal Company. They were to announce EPS on April 13, with it being anticipated at $0.33 per share. So far it has paid off, earning over $1,500.
April 13 - Sold all of my shares in Marathon Oil Company. The company had not been moving much up or down, so I decided to sell just below break even.
April 14 - Like Marathon, AT&T was not moving at all since I bought shares in the company. I sold it off for a small loss because the investment was not increasing my portfolio value.
April 15 - Bought shares in Gannett, Inc. They are expected to announce EPS of $0.41 on April 16, so I'm hoping my gamble in the company pays off.
April 16 - No action will be taken. I'll be out of town for golf again, so I won't have any access to the game the entire day.

Friday, April 9, 2010

April 9

Cut my losses on Palm Inc. My initial plan to short the company worked in the beginning, gaining over $500 at one point. However, I kept at it and got too attached to it as it declined in price and eventually lost money, costing me over $5000. In contrast, my choice to invest in Blythe Company because of the earnings they were going to announce paid off greatly. It has made over $11000 for me so I am going to sell it to avoid losing these gains.

Thursday, April 8, 2010

April 8

Took no action again today because I was busy. After hurting me significantly yesterday, Palm recovered a little bit, but is still way down. The chance I took on companies announcing earnings went 50-50 as one gained while the other lost to basically breakeven so far. My two biggest gainers are still holding strong, but if they don't continue to gain I'll probably sell them.

Wednesday, April 7, 2010

April 7

Sold six of the companies I had stock in: W Holding, Apple, Hess, Accenture, Koninklijke Philips, and Dominos. W Holding tanked and lost me over $1000 after being positive; I sold Apple for a slight gain after seeing what the iPad launch would do; Hess provided a small gain while Accenture lost about as much; Koninklijke Philips made a decent amount after being my longest held stock; and Dominos gained a little bit to add to what it made the first time I bought it.
I also bought two different stocks today based on anticipated earnings to be announced. Marathon Oil Company is announcing tomorrow and expects just over $0.50 per share, while Blythe, Inc. is expected to announce $2 per share on Friday.

Tuesday, April 6, 2010

April 6

Over break I made a few trades to try to increase or maintain the value of my portfolio. I bought shares in Apple and W Holding Company while I sold off Callaway and GlaxoSmithKline. Since these actions, Apple has gone up slightly while W Holding Company has lost quite a bit and will soon be sold. Both Callaway and GlaxoSmithKline lost quite a bit of money so I had to cut my losses. Overall, my portfolio hasn't really gone up or down much since break started. I took no action today either because I wasn't around to do so, but my stocks didn't move much at all, so it seemed like a slow day for the market.