Friday, March 26, 2010
March 26
I decided not to take any action today and will resume checking my stocks on Monday over break. My overall portfolio value dropped from yesterday, possibly due to the fact that both of my pharmaceutical stocks went down today. My biggest gainer, Biomarin Pharmaceuticals, went down quite a bit today, but it had also gained significantly the past few days. Hess Corporation took a hit, but Accenture sort of evened out the loss. Overall, the change wasn't too significant, so the market itself may not have changed much either.
Thursday, March 25, 2010
March 25
I experimented by shorting shares in Palm Inc., since it was between hold and sell on the WSS site and was also down 2.25% on the day when I shorted it this morning. Like I said I would do yesterday, I sold all of my shares of AZZ Incorporated once it finally got back to breakeven. I also sold all shares of Integra LifeSciences because it wasn't going anywhere. Lastly I bought shares in Accenture because they were announcing earnings today with an anticipated price of $0.61 per share.
Wednesday, March 24, 2010
March 24
I took no action today buying or selling stocks. Instead I let my investments go without deciding to sell and cut my losses. Two of my stocks, Callaway and AZZ Incorporated, decided to go down quite a bit after being up yesterday. If AZZ gets back into the positive, I am going to sell it because it has been doing the same thing that S&T Bancorp did. I want to hang onto Callaway for a little longer because it's sort of my expiramental stock.
Tuesday, March 23, 2010
March 23
Bought shares in AT&T today because the share price had dipped down and was starting to come back up over the last six months. I sold all of my S&T Bancorp shares because it has been going up and down ever since I bought it, going between gaining and losing money, which won't get me anywhere. Lastly I bought shares in Callaway Golf just to see how my company from the company analysis project would do.
March 22
Repurchased stock in Domino's Friday after close. The sale went through early in the morning for a few cents over the price I sold it for previously. My strategy here was to buy it again for roughly the price I sold it for, hoping to gain from the profits with more shares this time. I also bought up more shares of ATP Oil & Gas again with the same strategy. The difference here was that I bought it for less than what I sold it for previously.
Friday, March 19, 2010
March 19
Sold all of my shares in UnitedHealth Group. My plan to make profits by shorting the stock went bad from the start and just kept getting worse, so I cut my losses and sold. On the other hand, my stock in eBay was slowly coming back down on the day, so I placed a stop order to be safe. Although I didn't want it to go through and hoped the price would go back up, it ended up selling, making me a profit close to $3000 since the purchase.
Thursday, March 18, 2010
March 18
Today I purchased shares in four different stocks after finding/creating a reason behind each purchase. The first stock I bought, S&T Bancorp Inc, had a price gain over 5% since open when I purchased it this morning. Secondly, I bought shares in GlaxoSmithKline because my other pharmaceutical company is doing well. Third was another oil and gas company, Hess Corporation. I had success with my first oil and gas company before selling it off, so I gave another one a try. Lastly was Integra LifeSciences Holdings. I found a link on a stock blog site saying they just released a new product, so I anticipated an increase per share.
Wednesday, March 17, 2010
March 17
Bought shares in AZZ Incorporated. It had an 82% rating and an article on the Motley Fool site recommended buying it because it could be the next big winner, so I took the chance of buying it. I also sold all of my shares of One Liberty Properties after they made just over $2000 for me, because the Wall Street Survivor site said it was a strong sell, which is reasonable because it gained over 22% since I bought it exactly 1 week ago. Lastly, I shorted shares in UnitedHealth Group because the expert picks on Wall Street Survivor recommended it since health care stocks are inflated.
Tuesday, March 16, 2010
March 16
After selling everything off yesterday, I decided to take little action today. I increased the stop order I had on ATP Oil and Gas, which eventually went through and sold. The stock made over $1300 for me, but it had slipped from close to $2000 to that point. By increasing the stop order, I was able to retain the profits I potentially could have lost if the stock dropped to the initial stop order price. The only other action I made today was searching a few big name companies to see what their rating was on the site and what movement they were making.
Monday, March 15, 2010
March 15
Sold all stocks that I owned which had gained less than 10% so far in the game. The list includes Immersion Corporation (loss), Oshkosh Corporation (loss), Cisco (very small gain), Domino's (small), Nacco Industries (small), Time Warner (small), Molson Coors (medium), Boeing (medium), and Advanced Micro Devices (medium).
Rough explanation of gain sizes:
Very small gain = less than $500
Small gain = $500-$1000
Medium gain = $1000-$2000
Rough explanation of gain sizes:
Very small gain = less than $500
Small gain = $500-$1000
Medium gain = $1000-$2000
Friday, March 12, 2010
March 12
The stop order I placed yesterday for Systemax filled, so all of my shares sold for a loss, hurting my overall capital yet again. Sold all of my shares of AIG just a couple days after purchase for a little less than purchase price. For a few days I considered that maybe they could rally after being bailed out, but I no longer want to take that risk. With the remaining funds I had after selling, I bought up shares in Immersion Corporation. They announced earnings today and had a 99% rating when I typed in their stock symbol.
Thursday, March 11, 2010
March 11
After holding Hewlett Packard shares since the start of the game, I sold them all for a slight gain after hoping it would bring in quick revenues. I bought and sold all of my shares in Arch Coal Inc. in the same day, today, for a loss. I placed a stop order after it kept losing money and the order filled. I also placed stop orders on Proshares Ultrashort S&P 500 and Systemax Inc., of which Proshares sold for a loss.
Since last week, I've seen my position in the rankings continue to slip after accumulating a lot of capital the first week. It is still my main goal, but I need to find more stocks that can do that for me.
Since last week, I've seen my position in the rankings continue to slip after accumulating a lot of capital the first week. It is still my main goal, but I need to find more stocks that can do that for me.
Wednesday, March 10, 2010
March 10
Sold all shares of Kraft for a slight gain since it was not changing much. Placed a stop order on TiVo, which went through, and I lost over $500 on the investment, although it was still dropping. Bought 400 shares of Cisco just after the market opened after seeing an article about how they had developed the world's fastest router, although no launch date is set. Bought shares in AIG and One Liberty Properties after running a stock screen for companies with over 3% growth since the market opened, hoping to pull in some profits.
Tuesday, March 9, 2010
March 9
Sold all shares of Chart Industries and Alvarion Ltd. Chart Industries was profitable while I owned it, but it has been declining. I sold Alvarion already because I didn't want to risk another big loss like CombinatoRx on a cheap stock, even if it hasn't fluctuated much since July 2009.
I purchased shares in Systemax Inc. after running a stock screen on Yahoo for small cap momentum companies and I bought shares in Oshkosh Corporation and Nacco Industries Inc. after running a stock screen for companies with a 5% or greater change in price since the day opened.
I purchased shares in Systemax Inc. after running a stock screen on Yahoo for small cap momentum companies and I bought shares in Oshkosh Corporation and Nacco Industries Inc. after running a stock screen for companies with a 5% or greater change in price since the day opened.
Monday, March 8, 2010
March 8
Stop order for CombinatoRx went through. Sold all shares at a loss of $0.18 per share; purchase price of $1.48. Bought shares in Alvarion Ltd. because it had a 93% rating and was described as bullish on Yahoo Finance. Tried to buy shares in IMAX Corporation right before close, but it may not have gone through.
Friday, March 5, 2010
March 5
Sold all shares of China Agritech and Intel. After taking a dramatic drop the day after purchase, China Agritech finally got back into the positives, so I sold before I could lose money on it again. For Intel, there was very little change. I barely gained anything on the sale, as it never rose or fell significantly. I bought shares in TiVo after seeing it as bullish on Yahoo Finance, taking a risk similar to China Agritech. I also bought shares in Proshares Ultrashort S&P 500 because of its high trading volume, after it had lost $0.70 a share today, hoping to gain once it goes back up.
Thursday, March 4, 2010
March 4
Sold all shares of Under Armour and United Therapeutics today. Both companies were profitable, but were working their way back down to the purchase prices. In the long run, these two would probably return a decent percentage, as reference by the article I found on them. I only bought 75 shares of each since they were my first two stocks and I'm new to the game, so I would definately need more shares if I were to stick with them.
Wednesday, March 3, 2010
March 3
Experimented with options slightly today. Bought 2 contracts in a Kraft option just to see what happens; although according to the site, it looks like the options contest is completely separate from the 100,000 contest. Also, it appears my choice to invest in China Agritech Inc. and CombinatoRx yesterday might have cost me, as they are down 5.76% and 6.09% respectively, as of the time of this post.
Tuesday, March 2, 2010
March 2
Bought stock in three different companies. I bought shares in Domino's Pizza after seeing an article on the Yahoo homepage about their profits increasing due to their recipe change. I bought shares of China Agritech Inc. to diversify and go international after seeing them in an article with Telestone Technologies (TSTC). Lastly I bought shares in CombinatoRx after seeing a link on Yahoo finance saying it was a bullish choice and that it was very cheap.
Monday, March 1, 2010
March 1
Bought shares in Kraft, Advanced Micro Devices, and Boeing Company. Placed a stop order on my Procter & Gamble shares. All shares of Procter & Gamble sold immediately upon refreshing at a loss of $0.50 per share.
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