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stockmktdouble (25.34)

July 2013

Recs

2

STOCKMARKETDOUBLE DIARY JULY 9, 2013

July 09, 2013 – Comments (4) | RELATED TICKERS: SUNE , UNXL , RDN

Ok, I figured I better get a quick update in here before I forget to do it again. SUNE down again today about 1.3%. It is down 2.7% in the last 2 trading days. Now, of course that is nothing earth shattering, but when you have the market up 4 days in a row and looking very strong at the moment, it is not a good sign if you are long SUNE. Thats my take on it anyhow. See the results below  for my attempt to double my account in less than one year.  [more]

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STOCKMARKETDOUBLE DIARY JULY 8, 2013

July 08, 2013 – Comments (0) | RELATED TICKERS: SUNE , UNXL , RDN

Ok, I been slacking off lately. It was a long weekend and I missed Friday's update. But no need to fret. My position hasn't changed, it remains, short SUNE. The stock closed at $8.38 today. Down about 1.4%. I been doing research on some other things to put my money into but I'm not ready to pull the trigger yet. My website is taking much longer than expected to get back up, so until then, I will continue the diary here. Please see the results below.  [more]

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STOCKMARKETDOUBLE DIARY JULY 3, 2013

July 04, 2013 – Comments (3) | RELATED TICKERS: SUNE , UNXL , RDN

Actually its July 4, but the diary date is for the previous trading day. SUNE, the stock I am short went down again yesterday to $8.13, nearly 2%. I will continue to hold on to my short position. One thing, I'd like to mention is that I love the fact that SUNE is a large volume stock. The 3 month average for SUNE, according to Yahoo Finance is nearly 7m shares a day. Why do I like that kind of volume? Because it is very difficult to manipulate in the long run. Its another advantage to having a time horizon of more than an hour or a couple of days for that matter, as far as your trading strategy goes,. meaning that even if someone wanted to manipulate the stock price, they maybe able to do it for a couple of days but they definitely wouldnt want to do it for a couple of months for fear that they could get run over. Anyway, see the results below:  [more]

Recs

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STOCKMARKETDOUBLE DIARY JULY 2, 2013

July 03, 2013 – Comments (2) | RELATED TICKERS: SUNE , UNXL , RDN

Yesterday I missed the daily entry. It was the first time I had missed entry since I started this journey.  Anyway, my syle of investing is like watching paint dry. But hey it doesnt have to be exciting to be making money. As I have mentioned, I do this every trading day on Motley Caps to record my performance-because once you post here, you cant edit it, so once it published, there is no going back. So its a good way to accurately record performance. Anyway, with that said, the position  I hold SUNE was down almost 3% today and considering I am short, thats a good thing.   [more]

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