Posted in Portfolio Stock News on Aug 26th, 2008 No Comments »
Due to a lengthy vacation, I was not able to update this blog for a month. For that I apologize. So, after all this time, a portfolio review is in order.
The first big news is the CROX disaster. Crocs makes popular plastic shoes. For months their management has been saying that everything is fine [...]
Posted in Market Commentary, Portfolio Stock News on Jun 23rd, 2008 No Comments »
For the first time since I started this blog in early January, our portfolio has gone slightly negative, based on June 20 closing prices. Of course, in the U.S., no sector has been immune, except oil. In the last 12 months, out of 159 market sectors, a full 156 of them have lost money. Still, [...]
Posted in Agricultural, Biotech Stocks, Covered Call Writing, Energy, Market Commentary, Portfolio Stock News, Precious Metal Stocks, Story Stocks, Trading Ideas on May 31st, 2008 1 Comment »
Our covered call play (CROX) is slightly negative. We bought 500 shares of CROX and sold 5 September $12.50 calls. This is called a “covered call” because we own the stock we are writing the calls against. A “call” gives the purchaser the right, but not the obligation, to buy our CROX shares anytime up [...]
Posted in Portfolio Stock News, Trading Ideas, Uranium Stocks on May 1st, 2008 No Comments »
Tuesday, April 29, CXZ hit our sell stop of $0.69 and we were sold out at that price. Uranium stocks are in a long downtrend due to uranium prices dropping from almost $150.00/pound last year to $65.00/pound today.
We have a rule that says if we are stopped out of a stock we cannot buy it [...]
Posted in Portfolio Stock News, Precious Metal Stocks, Trading Tools on Feb 28th, 2008 No Comments »
The trailing stop we entered for MagSilver (MVG) was triggered yesterday, but I didn’t have time to write a post. We were sold out at $15.27 for a $1,395 profit after commissions. See the updated portfolio tab for the results.
Another one of our picks, HGU.TO (a leveraged gold ETF) bought at $27.43, has also done [...]
Posted in Portfolio Stock News, Uranium Stocks on Jan 16th, 2008 2 Comments »
We bought it yesterday and got some good news this morning:
Crosshair Exploration & Mining Corp. (AMEX: CXZ) (TSX-V: CXX) is pleased to announce the start of its 2008 winter drilling program on its Central Mineral Belt (CMB) Uranium Project in Labrador. The planned 13,000 m program will include three active drills on the property, conducting [...]
Free Gift
|
