Well... the market is down since my sells (marginally) but AEVA can somehow be up 8% during that hour+ so once again selling my individual names because of a general market thought fails again...
I feel like the market has run out of short term catalysts so I raise cash. WGS is stretched on valuation and the chart looks like it needs to base more before moving higher, although long term prospects are fantastic still (so I might get burned by selling for a short term thesis).
We finally got some good price action and volume in FATN! I am not selling for now because I feel it is highly undervalued but I usually can't help to trim for position sizing reasons eventually.
Hello Salem,
ReplyDeleteGood luck with the next pick.
Simon
Hi Stocktrader & Simon,
ReplyDeleteAdded 50% GDXJ @ $90.60
Saleem
Hi Stocktrader,
ReplyDeleteAdded 15% GDXJ @ $88.81
Saleem
Hi Salem and Stocktrader,
ReplyDeleteGood luck with more GDXJ...
Sold half of my PONY to raise cash.
Simon
Bought back BKSY at 18.25
DeleteHi Saleem/Simon,
ReplyDeleteGood luck with the new moves! A little opportunistic trading is good in a market like this :)
Stocktrader
Hi Saleem,
ReplyDeleteSold AEVA @ 16.15 and BKSY @ 19.13 to take profits
We'll see how well this plan works. I plan to rebuy within 24 hours.
Stocktrader
Hi Saleem,
ReplyDeleteWell... the market is down since my sells (marginally) but AEVA can somehow be up 8% during that hour+ so once again selling my individual names because of a general market thought fails again...
Stocktrader
Hi Stocktrader,
DeleteRebuying is a good strategy, no need to " overthink "....
Good luck in next 18 hours.....
Saleem
Hi Saleem,
ReplyDeleteSold WGS @ ~129.85 to take profits
I feel like the market has run out of short term catalysts so I raise cash. WGS is stretched on valuation and the chart looks like it needs to base more before moving higher, although long term prospects are fantastic still (so I might get burned by selling for a short term thesis).
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with the next pick. I am planning to trim a little of FATN to raise cash.
Simon
Hi Saleem,
ReplyDeleteSold ASPI @ 9.12 as I continue to take profits as I see short term catalysts exhausted for the market.
Stocktrader
Hi Salem & Stocktrader,
ReplyDeleteSold WGS and bought AMD.
Simon
Hi Simon,
ReplyDeleteWe finally got some good price action and volume in FATN! I am not selling for now because I feel it is highly undervalued but I usually can't help to trim for position sizing reasons eventually.
Good luck with AMD.
Stocktrader
Hi Stocktrader,
ReplyDeleteMy FATN avg was 7.35 so happy it's on the green side. Thank you for FATN recommendation. Worth a wait :-)
Simon
Hi Saleem,
ReplyDeleteSold BITU @ 55.56 to take profits
Stocktrader
Hi Stocktrader & Simon
ReplyDeleteGood luck trim trim and good luck with AMD
Saleem