Ooops

I forgot to mention the price of the VTMS.  I bought at .15.

New Action

I will admit to a little hesitancy in making a big new move after this week.  You just have to power through that though.

That said, I pulled the trigger on a medium size lot of VTMS.  I like the news out of the company earlier in the week and think the market may reward them.

Let's see.

Refreshing my head

Sorry I took a little time away from the blog.  That painful day a couple back really got my goat.  The damage was painful but certainly not fatal.  I just tend to like to take a little time off after a big hit in order to clear my head before re-entering the fray.  I have since then cleared all those positions and minimized the damage.

Overall it was an unpleasant few days but the damage was only about 452 bps.  Painful but certainly recoverable.  Fortunately I had built up some good gains heading into that and the portfolio is still showing good gains for the past few months.

Now that they are all cleared I can refocus.  There is not much out there today.  I did make a quick turnaround trade of literally about two minutes on FONR.  I bought at 1.8995 and sold at 1.94 for a quick gain of 2.7%

I have my eye on a few other things mostly a couple penny stocks HYSR and VTMS.  I will let you know if I buy them.

I need an aspirin!

The hangover from yesterday continues.  I tried to escape the bundle of bad that I had heading into the morning.  The results follow (if you are easily frightened avert your eyes):

DTRO sold at .00163 loss of 32%
MDFI sold at .0051 loss of 25%
GVDI sold at .00954 loss of 13.3%
HSCO sold at .0025 loss of 16.7%
DGZ sold at 16.094 gain of 3.8% (fortunately a significantly bigger position than the others)

The net is still ugly a drop of about 142 bps.

I added 1 new name today, picking up some HBWO at .025.

It was painful to dump those for losses but in most cases they dropped further which helps ease the pain a little and now that they are gone I can refocus and try to find better options.

UGHHHHHHHH pretty much sums it up

I was apparently not smart enough to outfox the miserable market today.   The new entry stocks are doing terrible.  DTRO closed at .002 and MDFI closed at .0051 both down right near the point where I should sell them.  I probably will tomorrow.

I added a couple new ones near the close, GVDI at .011, the price it closed at,  and HSCO at .003.  That one closed at .0033 up small.

I did sell some of the KEPI at .007 but it is too illiquid to get rid of it all in one day.  It's turned into a nightmare stock.

Overall the portfolio was down 143 bps.  The market itself was down 162 bps so I beat it a little but still a very disappointing day.  Let's hope for brighter things tomorrow.

Morning moves

A rainy Tuesday morning.  The market is blah but I am making trades.  I dumped the MXGD at a disappointing .0042 for a loss of 6.7%.

I added some new ones this morning too.  I bought a bunch of DTRO and MDFI.  The DTRO I got at .0024 and the MDFI at .0068.  Let's see what happens.  I worry about the overall market weakness being an anchor weighing things down, but these two look strong in either case.  The gold short continues to help a little.

Close of Day November 15

The day ended rather uneventfully.  I did not make any more moves in the portfolio.  The morning action was good for a gain of about 84 bps. on the whole portfolio.  A good day.

The status of the remaining active trades is as follows:

KEPI closed at .006
SFIO ended at .006
DGZ rallied a little on the gold weakness to close at 15.89
CIGX went to 1.72
the new entry MXGD ended up a little from the buy at .0046

The plan going into tomorrow is to get out of KEPI if it shows any morning strength, same for MXGD.  The others I plan to hold a little.