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stockmktdouble (27.40)

STOCKMARKETDOUBLE DIARY JULY 9, 2013

Recs

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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.

 Current position-short 1622 shares of SUNE at $8.45


Closed Trades:
5/17-short 942 shares of RDN at $13.69
6/17-covered position on RDN at $12.92 (6% gain)

4/18-shorted 262 shares of UNXL at $38.10
5/17-covered at $29.44 (29% gain)

Start Date: 4/18/13
Starting Balance: $10k
Current Balance: $13,820.00
Return: 40%
Annualized Return:178%

    

4 Comments – Post Your Own

#1) On July 09, 2013 at 7:14 PM, jiltin (22.22) wrote:

When do you or at what rate do you plan to cover 7.5 or 7.4?

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#2) On July 09, 2013 at 10:33 PM, jiltin (22.22) wrote:

OMG, you should have kept UNXL further more. Hmmmm, it is 14.43 now, you should have completed double by this time !!!!

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#3) On July 10, 2013 at 1:40 AM, stockmktdouble (27.40) wrote:

I think alot about unxl and whatcould have been.... 

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#4) On July 29, 2013 at 1:35 AM, jiltin (22.22) wrote:

See that SUNE is at 9.87. This is the main reason I needed justification. Unless some analysis or justification is done on buy or sale, it is bound to missfire.

I learnt the hard earned lesson.

For example, until now, AAPL was not good. From now on, AAPL will recover easily if market is going up slowly. 

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