June 8th Review
8:55 PM Posted by MH
Sold GFG for 10.71% $1200 gain / sold half GNVC for 45.33% $2550
Positions traded for a lose : sold ANX for 18.75% $1800 loss
Holding positions : MPG / VG / NWD / ACLS / FTK / ANDS / GNVC / AFT
Stocks reversed steep losses in the final hour of trading Monday to end little changed. The Dow Jones Industrial average recovered from a 130-point slide to end up a little more than a point. Wow Did you guys see that last hour running?
Another sideways for the market with low volumes. Oil and commodities fell as the dollar strengthened.
I sold GFG this morning with slight gains,sold too early at .31, hit .40 today high.
Also bought some ANX this morning and ouch, bad news out right after I got in. sold for $1800 loss.
Ok, here is my two main trade today.
AFT - got in at .30 this morning and bOOmed closed at .40 high of day, I was watching this for few weeks already, on my radar on last Friday with unusual volume and again this morning. Today was largest volume in history for this stock, will be a gapper tomorrow for sure.
GNVC - sold half of my shares at 1.09 with $2550 gain and got back in at .87 end of the day. Another massive volume today, news will be out soon, hopefully :)
-Market Hunter-
June 5th Review
11:51 PM Posted by MH
Sold BQI for 3.6% $400gain / MXC for break even / DPTR for 34.66% $3050 / EXXI for 16.96% $1650
Positions traded for a lose : none
Even oil prices briefly surpassed $70 a barrel, I sold all my oil plays without FTK, too some profits for reorganized my portfolio.
Holding positions : MPG / VG / NWD / ACLS / FTK / ANDS / GFG / GNVC
Like I predicted yesterday, Stocks end flat as unemployment rate checks gains.
Stocks have rallied sharply over the past three months and I still believe stock market should keep rising. Market holding and closed above 8700 mark today.
Two things that I worrying about is commodity and oil prices, which can lead to inflation.
Ok, STOCK OF THE DAY - ACLS
I've been holding this for about a month now, first got in @ .51 and drop to .37, actually I DID average down at .43, holding 40k avg at .47. I mentioned yesterday about breakout points at .50, it broke today afternoon and flys to .66 and closed at .58. Another Patience WINNER.
and here is today's picks
GFG - dangerous play, high risk/ high return. Every index fund sold GFG yesterday on the S&P deletion. Yes, it is bad news but I think it won't take much time to back up. BK risk, even it goes BK, value still at around $0.10-15 or goes to $1 with capital infusion news. Don't follow this one if you can't afford.
GNVC - I think additional phase 3 results to come out soon, phase 3 data pancreatic cancer increase survival rate by 70%, fast track FDA drug approval process, final phase 3 result should be out soon. It can be another DNDN or follow AGEN.
ah,,so tired today, have great weekend and see you on weekend updates!
-Market Hunter-
