| Current Holdings | ||||||
|---|---|---|---|---|---|---|
| Ticker | Basis | Closing Price |
Perf. | Sell-Stop | Addl Exit Guideline | Chart |
| MAC | 33.48 | 33.70 | +0.7% | 32.77 | N/A | Chart |
| SVA | 7.51 | 7.51 | 0 | 7.27 | N/A | Chart |
| MZZ | 21.11 | 20.76 | -1.7% | 20.42 | N/A | Chart |
Let's see if the market has anything left. SRS if it doesn't.
| Ticker | Entry | Exit A | Exit C | Chart |
|---|---|---|---|---|
| EGLE (Eagle Bulk Shipping) | 5.71 | 5.45 | N/A | Chart |
| PTEN (Patterson UTI) | 18.23 | 17.68 | N/A | Chart |
| IMMU (Immunomedics) | 4.39 | 4.12 | N/A | Chart |
| SRS (Ultrashort Real Estate) | 7.61 | 7.39 | 7.19 | Chart |
Please refer to "How To Trade The Ideas" (right-hand side) to read this table.
3 comments:
Looks like we may get killed on SVA. Public offerings (for whatever reason) usually cause major drops as last night's release has.
Overall, the news is good. They have a huge contract to provide tons of vaccine to the Chinese Gov.
The problem is they have to expand now and raise capital to do it.
I stopped looking at the news long back. Price movements do not correlate with the news especially with some stocks as they get too volatile.
I ignore the news, too, but if you are a day trader, news is your friend. As for SVA, secondary offerings, upgrades, and downgrades are risks that are difficult to guard against, unless you know the company has a track record with respect to these. CEF is on my no-trade list for this reason.
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