What are you BUYING\SELLING -- TODAY?

11-30-09 bought ener @ 9.93

SOLD CMFO @ 6.59- 30+% gain. I may want to get back in here if the price drops.

BOUGHT MOH @ 20.90 - They actually have more cash on their balance sheet than the market cap! Share price is also below IPO price (2003)

BOUGHT PVTB @ 9.98 - Heavy insider buying over the past 2 months with shares at a 6 year low (at 8.50 - 9.70 price). Why would so many board members and company officers be buying so much of this company at this price if they didn’t expect something to happen? The GTCR investment group is also grabbinb up millions of shares.

sold ener today @10.50

Time to pull the trigger on HQS, @6.63, and Wen @4.25.

SOLD MGS @ 2.35 (23% gain in 5-6 weeks). Still like the stock, but hoping with such a spike up in the last day or two that it will settle cheaper again so I can buy it back up. Had to take the profits while they were there though and since the new year will be upon us soon!

Skinnee - are you still liking pvtb? Serious ? -

quote:
Originally posted by tkohn

Skinnee - are you still liking pvtb? Serious ? -


Yes. I really haven't done much research on it, and my bet is highly speculative which is why I have very, very little money in it. But, something seems to be going on. Insiders have been buying up millions of shares. That doesn't seem like something you would do if you were planning on losing money. This stock hasn't been at these levels since 2002.

They report earnings on the 25th. I supposed that bank stocks are so beaten down that any bad news probably won’t really be a suprise and have very little effect on the price. Any kind of good news however could put some points on the board in a hurry.

Another note, I’m down about 10.5% right now, but not too worried about it. If it’s still less than $9.00 this week, I might add a little more.

FYI - I’m doing all of this activity in my 401K (Fidelity Brokeragelink) so it’s all tax-deferred and I only pay $8 a trade, so it doesn’t hurt too much to move around a bit.

SOLD - ABAT @ $4.10 - (0% - Got tired of waiting and looking at better stocks)
BOUGHT - CSKI @ $23.38
BOUGHT - NEP (actually on 12/23) for $7.19 (already up 49%)

Thinking really hard about adding some more SAY. I think it’s about to move, but still feel that a market correction could happen at any time.

SOLD - CMED @ $14.18 (1.8% gain) – Scaling back, but still have position.
BOUGHT - CRTX @ $5.95
BOUGHT (ADDED) - PVTB @ $8.99

Looking at CEU (hoping to get it on the next pullback $6.00???)

NEP is 59% and rising!!!

BOUGHT - CEP @ $4.68

STILL WATCHING (for pullback)

CEU
AIB

Sold 80% of my HQS @8.05 Nice 20% profit.

Sold 40% of my LNG at $3.58.
Now 35% in cash.

SOLD - CRME @ $4.89 (Gain ~ 8.5%)

BOUGHT - CEU @ $6.30

quote:
Originally posted by skinneej
quote:
Originally posted by tkohn

Skinnee - are you still liking pvtb? Serious ? -


Yes. I really haven't done much research on it, and my bet is highly speculative which is why I have very, very little money in it. But, something seems to be going on. Insiders have been buying up millions of shares. That doesn't seem like something you would do if you were planning on losing money. This stock hasn't been at these levels since 2002.

They report earnings on the 25th. I supposed that bank stocks are so beaten down that any bad news probably won’t really be a suprise and have very little effect on the price. Any kind of good news however could put some points on the board in a hurry.

Another note, I’m down about 10.5% right now, but not too worried about it. If it’s still less than $9.00 this week, I might add a little more.


BLAM!!!

Portfolio says that I am up 19+% right now. I think that they are up like 13% so far today. I want to sell so bad right now, but I think that I will hang onto it for a while. The best part about it is that they news was “we didn’t lose as much money as we did last year”. That’s what’s good about buying beaten down stocks. The “worst” is already baked in which limits the downside risk, but any good news comes as a shock and sends the price into hyper drive.

If there is one thing that I am absolutely horrible with, it’s when to sell. I can almost guarantee you that if I sell this one today, it will go up another 10% tomorrow. If I hang onto it, it will drop 15%!!! What can you do?!?!?

With this one though, there seems

SOLD PVTB @ 13.68 (Gain 38% in 7 weeks or so). Was up as much in the mid 40% at some time, but I can’t hang on anymore. If this stock drops back down to < $10.00, I am all over it again.

Bought HQS @6.81 today.

Sold WEN at $4.76 for $0.50/share profit. Will buy again if it goes south of $4.25.

Sold MOH today @ 21.82 (4.15% gain).
Still a good company, but just wanted to scale out of the market a bit to raise cash. Hoping to get some better buying opportunities in the next few weeks or months. I’ll probably trim some more positions later today or tomorrow.

Look like China is reducing it’s purchasing of US debt. This could start sending interest rates up which has a very bad effet on the market.