Jiesen tries to take over the world

[jiesen]

I'm moving about a 2% position out of mutual funds into bonds today. I believe from this point, a 5% return is likely to do better than the overall market- at least in the short run. We could easily see another large correction (I'm pretty sure that one will occur before the NAS gets to 2500), and if we do see a 10% correction this year, I'll put the money back to work again. Until then, I'll be happy with my 5% on this chunk of change.

I'm buying back a 1% position of the fund I sold. The market has corrected about 5% from when I sold it in Jan, and my bond fund got a nice 1% bounce this past week, so I'm putting half of this bond position back into the equity market now, and plan to get the other half back in if the market drops another 5-10%. It'd be nice to catch the bottom, but I'll just be happy if my plan executes.

[billyjoe]

Jiesen,
You're another step closer to world domination as XING goes nuts.
------------billyjoe

[jiesen]

Jiesen,
You're another step closer to world domination as XING goes nuts.
------------billyjoe

yes. but I'd be two steps closer if I'd actually loaded up again on XING last week...

[jiesen]

selling AFT

exited my position in AFT today at 1.47. Not interested in following this company anymore. There seems to be a revolving door in their executive office. I'm giving up and cutting my losses of ~60% on a <1% position.

[jiesen]

Wow, I sure hope this is true!

http://biz.yahoo.com/prnews/060707/laf047.html?.v=50

I still have a few shares of this little monkey. Let's see if it can jump 20x from here...

[IIC]

http://biz.yahoo.com/prnews/060707/laf047.html?.v=50

I still have a few shares of this little monkey. Let's see if it can jump 20x from here...

I hope they do...But things are not always as they first seem...best, Doug(IIC)

[jiesen]

I hope they do...But things are not always as they first seem...best, Doug(IIC)

Very true, Doug. If this makes it to $1, I'm selling. Bird in the hand, etc...

Hard to say with these guys what's true and what's not. According to the last few PR's early July was supposed to see 2 shares of CTBG spun off, and I'm still waiting for those... financials have been missing/late forever as well.

[jiesen]

well, GFCI did manage to triple today from about 0.1 to 0.3. Unfortunately that just puts me at about even for this one. Let's see if it can make it to 0.5 tomorrow. Around 0.6 I'll start think about selling... $1 and I'm out for sure.

[IIC]

well, GFCI did manage to triple today from about 0.1 to 0.3. Unfortunately that just puts me at about even for this one. Let's see if it can make it to 0.5 tomorrow. Around 0.6 I'll start think about selling... $1 and I'm out for sure.

'Ya know...when I first read that article I thought to myself..."Something doesn't sound right" ...But I didn't try to figure out what it was...But a triple in one day...not bad in anybody's book...I'd sell now...Best, Doug(IIC)

[jiesen]

Thanks, Doug. Always good to have another perspective on things, one that isn't clouded by owning the stock in question. You're probably right... if I wait too long the excitement from this bogus offer will die down, and it'll likely end up right back at 0.1 or lower.

I'll watch to see what it does in the morning, but I'll probably end up exiting this week, whether it hits my target or not.

[IIC]

Thanks, Doug. Always good to have another perspective on things, one that isn't clouded by owning the stock in question. You're probably right... if I wait too long the excitement from this bogus offer will die down, and it'll likely end up right back at 0.1 or lower.

I'll watch to see what it does in the morning, but I'll probably end up exiting this week, whether it hits my target or not.

I wish you the best J...Tough to tell what is REALLY going on here IMO...If I owned it I'd delve into more...But there are some pretty misleading PR's out there as I'm sure Dave and Jack could attest to...Good Luck...Doug

[jiesen]

sold GFCI at 0.24

closed out my GFCI position today. already regretting it... now watch it be a 10 bagger from here.

[jiesen]

bought back into GFCI

call me stupid but I took a 1% position again in GFCI at .21

[jiesen]

I'm buying back a 1% position of the fund I sold. The market has corrected about 5% from when I sold it in Jan, and my bond fund got a nice 1% bounce this past week, so I'm putting half of this bond position back into the equity market now, and plan to get the other half back in if the market drops another 5-10%. It'd be nice to catch the bottom, but I'll just be happy if my plan executes.

The market has rallied recently, so I'm selling that 1% again for cash (gained about 8% on this btw), and I'll go back in when it's cooled off a bit. Can't complain about collecting 4.5%/year while I wait for it.

[jiesen]

Sold BRR

Exited my BRR position today at 6.44. That's about 120% above where I bought it (2.90). I figure I've made enough on this one, and it's giving me a headache trying to justify holding it any longer. So screw it, I'm taking the money off the table while I can.