My Stock Value Strategy Starts Now (1 Viewer)

[KGB]

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buy Date	Sell Date	Ticker 	Qnty	Buy PPS	Sell PPS	Gain/Loss	New Total4/7/2009	4/8/2009	KFN			1000	0.8997	0.9084	8.69			2508.694/7/2009	4/8/2009	VG			1000	0.45			0.375	-225.01	2283.684/8/2009				GNVC	1500	0.61		Still holding	4/8/2009	4/9/2009	BEE			1500	0.85			0.9239	110.8	2394.48

 

[The Z Machine]

In 2000 DXO @ $3.01.

Added another 1000 DXO @ $2.88That makes 3000 @ $2.97

I had an appointment this morning and missed the high. I put a sell in at $3.20 and it just went through.So profit of $690

I finally figured out my YTDYear to date Profit = $7492.57

DD has a lot more dough than me to play with but I want to see how we stack up at then end of the year.

What's your ROI?

 

[Sonny Lubick Blowup Doll]

dd, im feeling some faz as people sell of for the 3 day weekend. thoughts?

Nice sell up.

 

[Mark Davis]

Trying to catch up now. Blocked our internet use at work and has me quite Either way I have an iPhone on order to correct that issue. Been on a nice little GE run here. I'm also looking to possibly pick up more DBO on a pullback.

I actually sold calls on both FAS and FAZ just to see if my supposition that both are likely to fall would hold. I only did this on a limited basis but it appears as though neither will threaten my April strike price. Amazing considering how far the financials have rallied from the bottoms. Again, this stuff is so volatile I'm not going to do any trading on either on a large basis. Just wrote a contract each for the fun of it kind of and had planned to cover quickly had either headed toward a bad result.

 

[bigfishboy]

Someone please smack me if I even consider buying FAZ again.

I'll never touch it again. Any trade now is too risky. If there is no market sell off, that POS is going to become a penny ETF. It can have some dead cat bounces but it's done. Single digits is a guarantee right now. I can't see a scenario where 20 is ever seen again.

Wish you had been here earlier today when I got the bright idea that some people would take profits before the holiday weekend.

That's why I couldn't pull the trigger on FAS or UYG at all today. I too was waiting for a sell off. But nooooo, it has to just keep marching forward as I sit at the station.

Seems like there were several posts warning people about being on FAZ. I might have had the same idea as Favre and sold my FAS to take profits, but I was out of the office today and had no clue all this was going on. Great news for me! Still chugging away on the FAS train.

One thing to remember on FAS/FAZ is that they usually accelerate at the end of the day when they have shown clear direction. (Though it would have been tough to rely on that with the holiday weekend.)

I do expect a bit of a correction next week, depends on any news over the weekend. I wish I could have sold at the bell today, and then rebought early next week. Though I don't mind being on FAS for longer periods of time. MY remaining shares average 6.01.

FAZ is another story. I still do not know how these leveraged funds work, but if you look at FAZ everytime it take a tumble, it barely recovers. It is like a rachet down effect. Sometimes coming back 10-20%, but always trending down. I'm sorry for those who lost on it, but I now doubt it will ever get back over $10-12.

 

[eoMMan]

I have to disagree with some of you on FAZ. I think we'll see some profit taking today and I don't think we're totally out of the woods yet on this "financial crisis". A lot of companies are reporting next week, including several smaller banks and GS on Tuesday. I agree that we will probably never see FAZ at $20 again, but it wouldn't surprise me if we hit $15 again....for a few hours.

 

[bigfishboy]

I have to disagree with some of you on FAZ. I think we'll see some profit taking today and I don't think we're totally out of the woods yet on this "financial crisis". A lot of companies are reporting next week, including several smaller banks and GS on Tuesday. I agree that we will probably never see FAZ at $20 again, but it wouldn't surprise me if we hit $15 again....for a few hours.

I hope you are correct, for the sake of the people with FAZ, and the people such as myself playing the volitlity on FAS. The FAS daytraders will make more if it goes up and down than if it just goes up.It sounds like you are expecting a bad report from some of the smaller banks and GS next week. Can I ask why? It seems like the bigger banks (C,WFC) had very positive reports and I would guess that GS would follow. This could be a big deal for FAS/FAZ traders since we have seen how much these move in response to positive reports.Anyone have a scoop on GS or where I can look to find some info? I am pretty busy with Easter this weekend, but I do what I can to help the board before the GS report.

 

[BassNBrew]

Am I in a bizarro world where the market is open today for everyone but me???

 

[bigfishboy]

I have to disagree with some of you on FAZ. I think we'll see some profit taking today and I don't think we're totally out of the woods yet on this "financial crisis". A lot of companies are reporting next week, including several smaller banks and GS on Tuesday. I agree that we will probably never see FAZ at $20 again, but it wouldn't surprise me if we hit $15 again....for a few hours.

I hope you are correct, for the sake of the people with FAZ, and the people such as myself playing the volitlity on FAS. The FAS daytraders will make more if it goes up and down than if it just goes up.It sounds like you are expecting a bad report from some of the smaller banks and GS next week. Can I ask why? It seems like the bigger banks (C,WFC) had very positive reports and I would guess that GS would follow. This could be a big deal for FAS/FAZ traders since we have seen how much these move in response to positive reports.

Anyone have a scoop on GS or where I can look to find some info? I am pretty busy with Easter this weekend, but I do what I can to help the board before the GS report.

GS reports 4/14. Expectationas are that they beat the 1.51 expectation. However, the general sentiment seems to be that their stock price is appropriately valued to overvalued. So I don't know how much it will move on a favorable earnings report. They are also deciding whether or not to issue more stock and pay back the TARP funds and may make the announcement at the earnings call. This article seems very optimistic that repaying the loan will raise the share price, but read the comments at the bottom. They are very negative and point out that diluting the shares will likely lower the share price. In summary, I have no idea what to expect from GS next week.JPMorgan Chase & Co. report on April 16. Citigroup reports April 17, and Morgan Stanley reports April 21. This article is an interesting read and the most negative one I could find about how WFC results may look better than they are, and be better than the other banks.

Another finicial issue to stay apprised of is the looming results of the stress test. These results will be reported by the fed at the end of the month. Read this to learn a little about that. The bottom line is that the results will move bank stocks and FAS/FAZ. But there is no indication of how banks are handling the stress test right now.

My guess for next week is that FAS will correct around 10% on Monday, and then the earnings reports will move it somewhat higher through the week. I am targeting a buy price below $8 on Monday, watching for the end of day acceleration. Then holding those and my other shares through the earnings reports and re-assessing the situation. The biggest question I have to weigh over the weekend is how much of yesterdays runup may be already in anticipation of good reports next week, such that when the reports come in profit takers drive the price down (buy the rumor, sell the news tactics).

Good luck to all!

 

[St. Louis Bob]

What's your ROI?

This is where I am YTD. I hold no positions right now.

Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 	 Return 	 Profit/(Loss) 1/16/09	GGN	775			 $13.21 	 $10,237.75 	 $(7.06)			1/23/09	Dividend							 $108.50 		   12/5/08	GGN	300	 $9.87 	 $2,960.70 			 $(7.00)			11/20/08	GGN	240	 $8.25 	 $1,979.76 			 $(7.00)			11/18/08	GGN	235	 $10.65 	 $2,502.75 			 $(7.00)													TOTAL				 $7,443.21 		 $10,237.75 	 $(28.06)		28%	 $2,874.98 																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   2/10/09	DXO	2500			 $2.81 	 $7,025.00 	 $(7.04)			2/2/09	DXO	1500	 $2.42 	 $3,628.50 			 $(7.00)			1/20/09	DXO	1000	 $2.50 	 $2,500.00 			 $(7.00)													TOTAL				 $6,128.50 		 $7,025.00 	 $(21.04)		13%	 $875.46 																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   2/10/09	UCO	500			 $10.03 	 $5,015.00 	 $(7.03)			2/9/09	UCO	500	 $9.48 	 $4,739.95 			 $(7.00)													TOTAL				 $4,739.95 		 $5,015.00 	 $(14.03)		6%	 $261.02 																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   2/19/09	ODP	1000			 $1.58 	 $1,581.00 	 $(7.01)			11/20/08	ODP	235	 $1.60 	 $376.00 			 $(7.00)			11/12/08	ODP	200	 $1.85 	 $369.74 			 $(7.00)			10/28/08	ODP	235	 $1.64 	 $385.05 			 $(7.00)			10/16/08	ODP	100	 $3.00 	 $300.00 			 $(7.00)			10/8/08	ODP	110	 $4.05 	 $445.50 			 $(7.00)			10/3/08	ODP	120	 $5.01 	 $601.20 			 $(7.00)													TOTAL				 $2,477.49 		 $1,581.00 	 $(49.01)		-54%	 $(945.50)																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   2/26/09	DXO	3600			 $2.47 	 $8,892.00 	 $(7.05)			2/19/09	DXO	1100	 $1.85 	 $2,035.00 			 $(7.00)			2/17/09	DXO	1500	 $2.09 	 $3,135.00 			 $(7.00)			2/13/09	DXO	1000	 $2.40 	 $2,400.00 			 $(7.00)													TOTAL				 $7,570.00 		 $8,892.00 	 $(28.05)		15%	 $1,293.95 																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   2/26/09	UCO	1000			 $8.20 	 $8,200.00 	 $(7.05)			2/12/09	UCO	1000	 $7.99 	 $7,990.00 																TOTAL				 $7,990.00 		 $8,200.00 	 $(7.00)		3%	 $203.00 																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   3/24/09	DXO	4000			 $3.14 	 $12,561.20 	 $(7.05)			3/9/09	DXO	4000	 $2.53 	 $10,119.60 	   															TOTAL				 $10,119.60 		 $12,561.20 	 $(7.05)		19%	 $2,434.55 																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   3/24/09	OIL	135	   		 $20.37 	 $2,749.95 	 $(7.00)			3/24/09	OIL	135	 $21.68 	 $2,926.79 																TOTAL				 $2,926.79 		 $2,749.95 	 $(7.00)		-6%	 $(183.84)																				Date	Symbol	Shares	 Bought 	 Bought Total 	 Sold 	 Sold Total 	 Comission 	 Dividend 		   4/9/09	DXO	3000			 $3.20 	 $9,600.00 	 $(7.05)			3/30/09	DXO	1000	 $2.88 	 $2,880.00 			 $(7.00)			3/27/09	DXO	2000	 $3.01 	 $6,020.00 			 $(7.00)													TOTAL				 $8,900.00 		 $9,600.00 	 $(21.05)		8%	 $678.95 										 $7,492.57

 

[The Z Machine]

Hot damn. Even if I sold right now, I'd still be only around 15% ROI.

Initial investment was $3k, and I'm up to around $3450 now.

 

[David Dodds]

oil looks to open much lower here. I will be taking a position in DXO (july oil) as I suspect that UCOs purchase will make it rise again. Not even going to get cute here. I have put in a 10,000 share buy of DXO at market price for the opening.

 

[David Dodds]

added 10,000 shares of DXO at 2.94

 

[JaxBill]

This won't help the market today -

Feds tell Gm to plan for bankruptcy by June 1?

http://www.bizjournals.com/sanfrancisco/st.../13/daily2.html

 

[David Dodds]

woohoo. FEED exploding here. Some institution adding

 

[Buckna]

FEED is at 2.71 this morning. Up 12.5%

Edit: Beat me to it. Staying in Dodds? There was an article in the WSJ this Friday about China's stimulus spending taking effect.

 

[David Dodds]

I own 14,300 FEED @ 2.34. This is looking like a very nice day here

 

[David Dodds]

I sold 2500 at 2.72 and it executed instantly. I think it's going higher. I have set a stop loss at 2.65 for the remainder of my shares here.

 

[David Dodds]

I sold 2500 at 2.72 and it executed instantly. I think it's going higher. I have set a stop loss at 2.65 for the remainder of my shares here.

Sold 5,000 at 2.85. Where does this train end?

 

[Buckna]

FEED at 2.89. Dodds are you still using Wells Fargo as your broker? That's who I have and it won't let me put a stop on a stock priced under $5.

 

[David Dodds]

FEED at 2.89. Dodds are you still using Wells Fargo as your broker? That's who I have and it won't let me put a stop on a stock priced under $5.

yes I also tried to do this and it gave me that damn error too. I really hate this brokerage (except that it's dirt cheap with a PMA account). I posted I was doing this and then it said no and I did not get back to changing it as I was counting my money I was making here...lol

 

[Ten Yard Fight]

oil looks to open much lower here. I will be taking a position in DXO (july oil) as I suspect that UCOs purchase will make it rise again. Not even going to get cute here. I have put in a 10,000 share buy of DXO at market price for the opening.

Sold out all the SCO I bought a few weeks ago at 30. Total loss 11%. Gonna try to put it to use elsewhere.

 

[Buckna]

FEED at 2.89. Dodds are you still using Wells Fargo as your broker? That's who I have and it won't let me put a stop on a stock priced under $5.

yes I also tried to do this and it gave me that damn error too. I really hate this brokerage (except that it's dirt cheap with a PMA account). I posted I was doing this and then it said no and I did not get back to changing it as I was counting my money I was making here...lol

Yeah, I work for them so I get 100 free trades with a PMA plus discounted commissions once my free trades are used up. Only time it's been a pain was when I was trying to sell calls on our own stock. I found out from one of our internal monitoring groups that it was against policy for employees to trade options on the company stock. Over $3.00 now!

 

[David Dodds]

Sold last of FEED (6800) shares at 3.04. It might go higher, but damn I just want to lock down this profit. VERY VERY NICE

 

[ODoyleRules]

I own 14,300 FEED @ 2.34. This is looking like a very nice day here

Got in on 2,000 at 2.25 last week. Nice start to the week!

 

[David Dodds]

Profit on FEED:

0.38 x 2500 + .51 x 5,000 + .70 x 6800 - 30 commissions = $8,230. UNREAL

 

[IC FBGCav]

109 FAZ @ 18.25 = 1989.25

Sold 109 @ 10.50 = 1144.50

Loss of 844.75 +20.00 commisions

Took a beating. What is worse I had a sell at 26.00 it hit 25.00 and I let it ride. The dumbest thing I have done investing to date.

 

[BassNBrew]

Just sold 100, this will be below a $1 within a couple of weeks.

Just missed the BBT drop to $19, it's back up to $20.66 in minutes. Something weird is going on.

 

[Buckna]

FYI Dodds. One of my coworkers had a problem with his market orders not executing this morning on Wells Fargo's system. He called their support and apparently it's happening to quite a few people so they are retroactively matching whatever the bid price was to when you submitted the trade to correct the problem.

It just happened to me too, I've got 2 sell orders for SCO at market that are sitting out there in the system saying they are still open.

 

[Buckna]

Here we go again:Bought some more SCO to average down. Cost basis = 30.204. Sold calls at a strike of 32 for $2.2623 which gets my cost basis to 27.9417. Options expire in 23 days.

I've been trying to buy back my calls since last week when SCO was in the 27~28 range but there is no volume on these things. I was able to fill 1 out of the 3. If I could have gotten all the orders filled back on Friday when I first tried I would have made 50% on the calls and then either resold them today at full value or gotten out of SCO altogether.As it is, I am going to try and sell the one I already bought back. If the order doesn't fill, I will liquidate 1/3rd of my SCO position. Options expire in 10 days.

Somebody gave me a gift as my option sell filled at $2.95, well over my limit price. The bid/ask on this same option when I listed it was 1.90 / 2.20 at the time. The market makers on these thinly traded options must make a killing.New cost basis = 29.20. Although I may try to buy these back now that SCO has cratered 10% in 15 minutes.

Bought back all 3 calls at a price $0.80. New cost basis is $30.06 so I'm still down about 10% here. Hopefully I can get a pop on SCO next week. At which point I'll either sell some new calls or get out altogether. Options expire next weekend which will free up some cash to put to work somewhere else.

Busy morning! My SCO sales did fill, just took a little while for the system to update.Out 300 SCO @ 30.16 = $29.41 profit. Not bad considering how much I was down at one point.Out 3,000 FEED @ 3.00 = $1,770.06 gain. Bought 2,000 DXO @ 2.95. Tempted to buy more as I am sitting at about 30% cash at the moment.

 

[bigfishboy]

Out FAS at 9.25. (was in at 6.01)

Fully expected this to open lower and lose all day. With the market down and this up in early trading I was scared and sold.

A lot of earnings reports this week may drive it up after today. If this gets back to around 8.00 I will look to acquire some.

 

[Ten Yard Fight]

In DXO at 2.96 and out at 3.11 for a quick 5%. Now that money's gonna be tied up for 4 days or so for settlement. I think and I'm watching from the sidelines this week.

 

[David Dodds]

and there is the daily DXO move again. Currently at 3.12. I seriously almost added another 10,000 shares as soon as I sold my FEED too, but this will still be a nice win.

 

[KGB]

Jumped into dxo w u guys at 2.95

 

[David Dodds]

sold 10,000 DXO at 3.14 for 2,000 profit - $12 commissions (nice one day move here)

 

[Buckna]

Out 2,000 DXO between 3.12~3.13. Gain of $350.69

I too considered loading up the boat with another 5,000 shares this morning but felt I was getting greedy plus I didn't want to have ~35% of my holdings in these volatile energy ETF's.

It's been a very nice day. I need more of these.

 

[The Z Machine]

I had my $$ tied up in SBLK and OIL and didn't jump on the FEED bandwagon.

DD, any other thoughts on the dry shipping sector? I sold off half of my SBLK holdings at 2.91 (purchased at 1.53). They've seen some big gains over the last 2 weeks. Will this trend continue, or will it fall back?

 

[BassNBrew]

sold 10,000 DXO at 3.14 for 2,000 profit - $12 commissions (nice one day move here)

Thanks again DD.Just sold 2000 DXO at $3.14 for a very nice profit.Will be looking hard at SCO in the next hour.

 

[LHUCKS]

Looking at getting into a swing position on SKF...eventually these banks will have to show things aren't as rosey as the reported "earnings" suggest.

 

[Buckna]

FEED continues to move up. Over 5X avg volume today and we're only a little more than half way thru the trading day.

 

[BassNBrew]

FEED continues to move up. Over 5X avg volume today and we're only a little more than half way thru the trading day.

Wonder what the news is?Still holding my 1000 shares.DD...Can you edit St. Loius Bob's post above...it's screwing up this whole page.

 

[Sheriff Bart]

FEED continues to move up. Over 5X avg volume today and we're only a little more than half way thru the trading day.

Wonder what the news is?Still holding my 1000 shares.

DD...Can you edit St. Loius Bob's post above...it's screwing up this whole page.

 

[KGB]

Sold my dxo @ 3.17 from 2.95

 

[bigfishboy]

Looking at getting into a swing position on SKF...eventually these banks will have to show things aren't as rosey as the reported "earnings" suggest.

Wells Fargo will release their full report on April 22. Analysts are eagerly waiting to see their accounting. Since it was the Wells news that drove the financials higher, any shenanigans in the report could bring it crashing back.

 

[David Dodds]

Pressing my luck for today, but just bought 400 SCO at 27.75

 

[BassNBrew]

Just bought 100 SCo at $27.85. Will be out at the end of the day regardless.

 

[David Dodds]

Sold all of PRGN (3000 shares) at 3.45 (tired of holding this one as it's badly lagged the other Dry Shippers) on a nice bounce. What a day for me.

 

[BassNBrew]

Just bought 100 SCo at $27.85. Will be out at the end of the day regardless.

Out of SCO at $28.59 A big whopping $58 profit after commissions, but I'll take it in 16 minutes.

 

[BassNBrew]

Pressing my luck for today, but just bought 400 SCO at 27.75

Didn't even see you post this.Pretty much shorting oil at $52 and buying around $50.

 

[KGB]

Bought 500 PCX at 4.83. Out of all my other positions.