Originally posted by lemonjello
for the momentum players...
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MOMO update
Originally posted by peanutsI have a feeling that many micro and small caps will see $$$HUGE$$$ gains to start off this next bull run. I like the ones with positive earnings and growth prospects. I nearly got scared out of VIMC today, but then they finally filed their accouting adjustments. It looks bad from the outside, but they now are reporting correct numbers, and they still aren't too shabby. We will see more once their 2nd Q is filed. VSTY is beginning to hurt a little.
I still have not found the 7% gainer that I feel confident to put in this MOMO portfolio, so no changes to this:
Current MOMO positions:
USLM, avg $29.5842
VIMC, avg $10.35
VSTY, avg $3.45
Current MOMO positions:
USLM, avg $29.5842
VIMC, avg $10.35
VSTY, avg $3.45
CADA, avg $19.90Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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MOMO update
Originally posted by peanutsI have found my next target: CADA. I entered a long position today at $19.90. I am now 100% invested with this portfolio.
Current MOMO positions:
USLM, avg $29.5842
VIMC, avg $10.35
VSTY, avg $3.45
CADA, avg $19.90
Current MOMO positions:
USLM, avg $29.5842
VSTY, avg $3.45
CADA, avg $19.90
Approx. 17% of portfolio is cash now.Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Originally posted by peanutsI took a 2% loss on VIMC. I sold 100% at $10.15 today. This is a prime example of why you should stick with certain stocks that meet the parameters of your investing style. If you venture from this, you are treading on ground that is not familiar to you. I have learned from this mistake... never again. I hope that I wont regret making this decision to cut my losses here. I just didn't feel right about holding it.
Current MOMO positions:
USLM, avg $29.5842
VSTY, avg $3.45
CADA, avg $19.90
Approx. 17% of portfolio is cash now.
Current MOMO positions:
USLM, avg $29.5842
VSTY, avg $3.45
CADA, avg $19.90
TIII, avg $3.0873Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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MOMO update
Originally posted by peanutsI am now back to 100% invested. Today, I purchased TIII in several trades thoughout the day. My average price is now 3.0873.
Current MOMO positions:
USLM, avg $29.5842
VSTY, avg $3.45
CADA, avg $19.90
TIII, avg $3.0873
Not my best performance, but I'll take it.
Current MOMO positions:
USLM, avg $29.5842
CADA, avg $19.90
TIII, avg $3.0873Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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