07-24-2014 Trading Journal

Market was practically neutral for the day.

SPY_Daily

Although a new high was attempted during the day. If tomorrow remain neutral or better, we will end the week with a solid weekly up bar.

$DMRC bounced well with higher than average volume.

DMRC_daily

Price is now back above the weekly support line.  With continued strong interest in the Digimarc barcode system by the top retailers in the country, price has a good chance of going up from here.

$HYGS also rallied hard today.

HYGS_daily

Price is now back on the uptrend line.  When price takes out the $20 resistance line, $HYGS will be moving much higher.

While $DMRC and $HYGS were the only two stocks that went up today, price gains were more than enough to offset the negative closings of the five other stocks.  Hence, my port gained back 1% and YTD losses is now at 2.6%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

Since I don’t have any cannabis stocks, I bought some smaller position size of $LRAD, $AMRN, $KGJI, and $DMRC for this account.

My 2 cents.

 

07-23-2014 Trading Journal

Market opened higher and stayed high all day.

SPY_Daily

The resistance has finally been breached.

$DMRC continued to close lower due to more weak hands getting out before the earnings update after the close.

Well, guess what?

From the conference call, I’m quite satisfied with the progress on the Digimarc barcode front.  One of the Top Five retailer is looking very close to the Digimarc barcode system.  Amazon Firefly is expressing interest in Digimarc IP.  In other words, I don’t care where price is going tomorrow, I’m holding my shares with full conviction. If price gain does not happen in 2014 for $DMRC, I’m sure 2015 will be the year for it.

Since I’ve two stocks that closed positive, my port gave back only 0.6%.  YTD losses is now 3.6%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other accounts:

A bearish SeekingAlpha article came out so I sold my shares when prices bounced back above 0.05 to cut losses.  Without the license, $FITX is very vulnerable from any bearish attack due to the high market cap.  Thus, I’m only getting out of the way here.

My 2 cents.

07-22-2014 Trading Journal

Market kicked the bear down the stairway and continued on higher…

SPY_Daily

For now, the bull have the rest of the week to figure out how to take out the resistance that’s been stopping its advance.

Meanwhile, six of my seven stocks went up today.  $HYGS was fantastic in the day but gave back all gain by closing bell.

$AMRN led the gain with a nice bounce on the chart.

AMRN_daily

If this bounce takes hold and begin a new trend up, it will be the 3rd wave of the Elliott Wave theory.  And the 3rd wave is usually the longest wave of the 5 waves pattern.  I expect this 3rd wave will exceed the Jan high of $2.75.  If FDA changes its heart and approves the label expansion of Vascepa, then this will be one of the longest 3 waves in the history of stock charts.

$STV continued to inch higher.

STV_daily

So far, it is trading in the middle of the consolidation range.  Did you notice that the 5 MA is about the cross-over the 15 MA line?

$KGJI bounced well today.

KGJI_daily

Price is now over the 79 MA line. I see somebodies are finally taking notice that $KGJI is an undervalued “gold nugget” that is waiting to be appreciated.

$DMRC bounced nicely during the day but gave back gain by closing bell. All the weak hands practically left the party before the earnings update tomorrow.  I’m still holding my ticket to the party and is looking forward to have a happy time.  Let’s see if that is the case tomorrow.

Yesterday, i mentioned that the thought of holding $KNDI thru the drawdown was a better deal than my current $DMRC dilemma.  However, looking at the math, it really wasn’t.  To hold $KNDI from $18.5x (from where I took profit) to under $11.00 would involve sitting thru a drawdown of 42% from $18.50 and 52% from the high of $22.4.  Meanwhile, I’m only sitting on a 23% drawdown on my $DMRC position.  That number will change for better or worse after tomorrow update.  It is only from the hindsight of $KNDI recent rally that it “looked” better.  Well, all these number crunching were just to put my perspective back in place.

Thanks for $AMRN leading the gain, my port gained back 1.2% for the day.  YTD losses is now at 3%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

Still waiting for Health Canada response while $FITX position is taking in water…

My 2 cents.

 

 

07-21-2014 Trading Journal

Market gapped down, traded lower and then spent the rest of the day climbing back up.

SPY_Daily

While it still closed lower for the day, I’ve to give the bull credit for fighting the bear bad breath to recover a chunk of the losses.

What more can I say?  While four of my stocks were up for the day, they were not enough to offset the continued avalanche of $DMRC.

DMRC_weekly

The only comfort I could see on the weekly chart above is that price is trading to the 89 MA and March 2013 support level.  I’m feeling like a fool holding the bag for now; but let’s see what Wednesday update has to say before I declare myself a bagholder for $DMRC.

The irony of my $DMRC ordeal is that while I traded out of $KNDI correction from $22 to $11.xx by getting out of $18.5x, I put myself back into the same dilemma with $DMRC.  Hindsightwise, it would have been wiser to just hang onto $KNDI thru thick and thin since $KNDI has rallied back in space.  Now, I like to see $DMRC do the same as $KNDI.  We just have to see if retailers are biting the Digimarc barcode system.

To look from a positive angle, I’ve seven stocks in the port, all I need is at least one to hit a knock-out rally and I can still have a good year despite $DMRC “current” correction.

Due to $DMRC steep decline, my port gave back 1.1% today.  YTD losses is now 4.2%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated).

From my other account:

$FITX gave back some gain from last week due to no news from Health Canada.

My 2 cents.

 

07-18-2014 Trading Journal

The market bounced back like a spring that didn’t appreciated being pushed down by the hand of the bear.

SPY_Daily

Up and away it went all day.

With such as strong bounce, all my positions except $KGJI rallied back some.

$DMRC bounced back from support that was March 3rd’s low.

DMRC_daily

If it bounces from here, then price is trading in the consolidation range until we hear update next Wednesday.

$HYGS found strength in mid-day to rally persistently till closing bell.

HYGS_daily

From the chart, supports established from beginning of June seems to hold well.  I expect this stock to be nothing but volatile due to the tiny float; thus I’m content to just watch this little “sapling” I’ve planted in my backyard to grow.

Have you ever planted a young tree and then after many years when you “remember” to pay attention, you exclaim, “Mother of tree!  Ain’t you such a giant!”

I believe the timing is ripe for hydrogen fuel cell to make major inroad to the electric vehicle industry.  Check this out:

Cost and availability

Beginning in 2015, major automakers will introduce fuel cell electric vehicles to the commercial market in California and other parts of the world, most likely in Germany, Japan, Korea and the Scandinavian countries. Sales prices for these FCEVs have not been announced. Two automakers currently lease vehicles in Southern California and others are in fleet programs. In addition, three transit agencies across the state operate fuel cell electric buses. [Learn more]

Now, check out the California road map on FCEVs.

Not to mention the multiple way to harness the power of hydrogen fuel cell, with power back-up as an important utility.

No, I’m not going to let market volatility steals my shares.  I’m holding on to it thru thick and thin, like I’m doing with $DMRC and $LRAD.

$LRAD bounced some today.

LRAD_daily

Price is still trading at the upper part of the consolidation range.

$AMRN and $ORBC bounced some while $STV continued to close slightly higher.

Thanks to today gain from six of my seven stocks, my port gained back 1.8%.  YTD loss is now at 3.1%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

I added to $FITX and it managed to close near even for the day.

My 2 cents.

 

07-17-2014 Trading Journal

It was a sad sad day not because the market traded down but because of the needless dead in the shoot-down of the Malaysia airline.  What happened to fighter jets escorting you back to your own route?  Wait, did that happen only in the movies?

SPY_Daily

From the chart, the resistance from previous high proved to be very formidable.  There is a support from recent low.  If that support holds, we are back to a trading range.

Needless to day, I took a blood bath with my positions with $LRAD, $DMRC, and $HYGS leading the spillage. Both $DMRC and $HYGS are super low-floated stocks, so they tended to be super-sensitive.  $LRAD was simply too illiquid to defend itself.   Surprisingly, $STV was trading strong today and still closed higher for the day albeit giving back some gain.  $KGJI was also closing up.

With only two stocks up for the day, they were no match for the avalanches of the other five stocks.  Thus, my port gave up another 2.2% for the day.  YTD loss is now 4.9%.

Despite today bloodbath, I actually didn’t feel that bad.  For I know that the seven stocks in my port have the potential to make history in the next few years.  So, I’m just going to sit and wait out the drawdown instead of trading in and out like I used to do.  There are always potential for a sudden spike-up in my positions so I’m not too worried yet.

Current holdings:

LRAD, DMRC, STV, HYGS, KGJI, ORBC, AMRN (100% invested/speculated).

From my other account:

Surprisingly, $FITX didn’t come down like everyone; instead, it went higher.

My 2 cents.

07-16-2014 Trading Journal

Market continued higher but is now trading against the resistance from previous high.

SPY_Daily

Can it make new high again or will it trade back down?  Stay tune for tomorrow.

Despite higher market, my port continued to get hit by correction. Only $LRAD was able to stay up for the day.

$DMRC is still trading at the support level. DMRC_daily

News was out that $DMRC will release 2nd qtr earning next Wednesday and a conference call is scheduled for the same day as well.  The moment of truth will be my doing or undoing next Wednesday.  Reading between the fine lines on the news:

“…and provide an update on market conditions and execution of strategy”

So there is an “execution of strategy” in motion.  I like the sound of that.  Am I grasping at straw here?  Maybe or maybe not.  Next Wednesday will be judgement day.

$ORBC tried to hit resistance and failed once again.

ORBC_daily

From the chart, price is still following the uptrend line. Notice the volume was lower today compared to yesterday.

$STV is still trading near the support.

STV_daily

While it was down slightly, I still hold strong conviction on this one.  Perhaps, I need $STV to replace $KNDI as the rising star.  Missing $KNDI recent run is like missing the bus.  There is always another one coming.  It can be one or several of my seven stocks in my port.

Although $HYGS is down today, it is still above the uptrend line.HYGS_daily

Let’s see if the uptrend line can be a good support.

Thanks to $LRAD up day, it helped cushion the loss on my port to 0.5%.  YTD losses is now -2.7%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

$FITX gave back much of the gain from yesterday.  Oh well,..

My 2 cents.

 

07-15-2014 Trading Journal

So we have a minor dip today at the market.

SPY_Daily

Price closed above the 5 & 15 MA lines which is still bullish.

As for me, my conviction is being tested with a heavy drawdown from $DMRC.

DMRC_daily

Price traded to the support at $28.5x level.  Let’s see if this support will hold.  Somehow, despite today bloodbath with low volume, I’m not too concerned with the price action.  I’m just going to hold this one until I hear news one way or the other.

Today, I started a new position on $HYGS.  I like the prospect of hydrogen fuel cell being the “ideal” power backup for data center.  This news article, CommScope Partners with Hydrogenics to Provide Indoor Backup Power Solution for Data Centers, is what sold me on the merit of $HYGS.  When you think of data center, what come to your mind?  Does Google, Amazon, Facebook, or IBM ring a bell?

HYGS_daily

See how the price is trending up?  Pretty soon, I expect price to climb above the 79 & 89 MA lines. Nevertheless, the 79 & 89 MA lines are where the $19.3x wall of resistance is located.  To break out of that resistance,  $HYGS needs to get one of the brand names mentioned above to take up its backup power solution.  $HYGS had recently done a secondary offering in May which explained the drop from $20 in mid-May.  With the secondary out of the way, let’s see if this one can climb back up to former glory by doing business with the big guys. Btw, I sold all my $NMRX position to buy $HYGS.  Since I already have $ORBC, I don’t need $NMRX.  I also scaled down $AMRN to buy more $HYGS.

$STV took a dip after the open but bounced back up nicely.

STV_daily

See the long-tail candlestick bar here?  If price takes out today high tomorrow, we may be on for a good bounce.

$ORBC couldn’t overcome the resistance and fell back down below.

ORBC_daily

I’m not worried about this one at all.  I’ve strong conviction on this one simply because they just have six brand new satellites up in space with eleven more to go by the end of the year.

Basically, all my positions took in water today which set me back 3%.  YTD loss is now at 2.2%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN and 3% cash.

From my other account:

$FITX was the only stock that went up for me today.

FITX_daily

Good thing I added more yesterday.

My 2 cents.

 

07-14-2014 Trading Journal

Market “popped” higher at the open and stayed up all day without giving back much gain.

SPY_Daily

Let’s see if this momentum will continue this week.

The good news, at least for me, for the day is that SpaceX has successfully launched the six OG2 satellites for $ORBC this morning.  $ORBC will have eleven more satellites to launch by end of 4th quarter.

ORBC_daily

Price bumped against the resistance from April 3rd at $7. Nevertheless, I can see price continues to climb from here. As far as I’m concerned, $ORBC has the most advanced satellites that support the growing M2M (machine to machine) technology. As being the first one to control the space with advanced satellites, I look forward to see $ORBC gains more new businesses as a result.  I’m planning to hold this one for long-term.  This could make up for the $LNG I missed out years ago.

$DMRC bounced some today but the gain was offset by a correction from $LRAD.  $STV corrected a bit today but I’m not going to worry about this one unless the support at $4.2x is being tested.

Thanks to $ORBC, $NMRX and $AMRN bounces, it was enough to offset losses from $CERS and $STV to allow my port to gain 0.2% for the day.  YTD gain is now 0.8%.  I know, I know, these small % gain is as boring as the interest you earn from your money market; however, I’m looking for the “POP” in any one of my stocks that will make my day.

Case in point, $KNDI spiked 26% today due to news of a fantastic 2nd quarter.  Nope, I wasn’t in it so I didn’t participate in its gain.  Was I upset?  Not too much since I did not have the conviction to go back into $KNDI.  I honestly did not believe they could sell that many EV in the 2nd quarter.  The fact that they did surprised me. For those who have the conviction, they deserve today big gain.  Now, I’m exercising patience so that one day, one of my eight stocks will explode the way $KNDI did today.  While I didn’t make money with $KNDI today, I look forward to making more with one or several of my stocks below:

Current holdings:

LRAD, DMRC, ORBC, STV, KGJI, AMRN, NMRX, CERS (100% invested/speculated).

From my other account:

I added more $FITX today ’cause of the continued bounce instead of a correction from Friday up day.

My 2 cents.

07-11-2014 Trading Journal

After yesterday recovering bar, I was not surprised that market closed green today.

SPY_Daily

Price now closed above the 15 MA line. Looking good for a continuing bounce next week.

Today, I juggled my port a bit to make room for two new stocks: $STV and good old $CERS.

After watching the China Digital TV webcast presentation from Deutsche Bank, I’m getting an impression that this could be my next $KNDI.  I’d bought $KNDI from between $5 – $6 and rode it to $18.50 to lock in gain.  Only this time, I see a much stronger business model with a predictable growth factor; unlike $KNDI which is counting on the “potential” acceptance of its EV business model by multiple cities across the China.  I’m sure, in time, $KNDI will flourish; but the question is how long do we have to wait?

STV_daily

In today chart, it confirmed the support of $4.2x is holding by bouncing off yesterday recover bar. Thus, I bought a position with the remaining cash and to add more, I also sold  1/3 of my $AMRN position (at breakeven) to free up cash to buy more $STV.  Let’s see if it will continue the bounce next week.  I’ll be watching the $4.2x support.

I also revisited $CERS and like what I saw on the chart.

CERS_daily

While prices were trading below the 79 & 89 MA lines, I like the fact that it had bounced from the support at $3.7x that went back to May of this year.  Looking at the chart, I’ve to admit that the $3.7x support looks pretty solid.

$DMRC had a bounce that stopped the slide for the last four consecutive day.

DMRC_daily

Since this is a super-low float stock, it didn’t take much for any larger seller to create a landslide; on the other hand, it will be very difficult for the same seller to buy back the shares at this price ’cause any buying in size can easily jack this price back up to $34.xx in no times.  So, I’m not worried about the volatility here.

$ORBC is the star today.

ORBC_daily

Price took off probably in anticipation of next week SpaceX launching of its satellites.

Thanks to gain from $ORBC and $DMRC, my port gained back 0.7% today with YTD gain at 0.6%.

Current holdings:

LRAD, DMRC, ORBC, STV, KGJI, AMRN, NMRX, CERS (100% invested/speculated).

From my other account:

$FITX chart looked good today.

FITX_daily

It showed the floor at $0.4x is holding well.  Now, can we hear about the HC licensing decision please?  I wonder how much longer we have to wait to find out.  Nevertheless, I can’t help admiring the professional and high tech look of the current growing facility that is waiting for approval to grow.  I may consider adding more next week.

My 2 cents.

07-24-2014 Trading Journal

Market was practically neutral for the day.

SPY_Daily

Although a new high was attempted during the day. If tomorrow remain neutral or better, we will end the week with a solid weekly up bar.

$DMRC bounced well with higher than average volume.

DMRC_daily

Price is now back above the weekly support line.  With continued strong interest in the Digimarc barcode system by the top retailers in the country, price has a good chance of going up from here.

$HYGS also rallied hard today.

HYGS_daily

Price is now back on the uptrend line.  When price takes out the $20 resistance line, $HYGS will be moving much higher.

While $DMRC and $HYGS were the only two stocks that went up today, price gains were more than enough to offset the negative closings of the five other stocks.  Hence, my port gained back 1% and YTD losses is now at 2.6%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

Since I don’t have any cannabis stocks, I bought some smaller position size of $LRAD, $AMRN, $KGJI, and $DMRC for this account.

My 2 cents.

 

07-23-2014 Trading Journal

Market opened higher and stayed high all day.

SPY_Daily

The resistance has finally been breached.

$DMRC continued to close lower due to more weak hands getting out before the earnings update after the close.

Well, guess what?

From the conference call, I’m quite satisfied with the progress on the Digimarc barcode front.  One of the Top Five retailer is looking very close to the Digimarc barcode system.  Amazon Firefly is expressing interest in Digimarc IP.  In other words, I don’t care where price is going tomorrow, I’m holding my shares with full conviction. If price gain does not happen in 2014 for $DMRC, I’m sure 2015 will be the year for it.

Since I’ve two stocks that closed positive, my port gave back only 0.6%.  YTD losses is now 3.6%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other accounts:

A bearish SeekingAlpha article came out so I sold my shares when prices bounced back above 0.05 to cut losses.  Without the license, $FITX is very vulnerable from any bearish attack due to the high market cap.  Thus, I’m only getting out of the way here.

My 2 cents.

07-22-2014 Trading Journal

Market kicked the bear down the stairway and continued on higher…

SPY_Daily

For now, the bull have the rest of the week to figure out how to take out the resistance that’s been stopping its advance.

Meanwhile, six of my seven stocks went up today.  $HYGS was fantastic in the day but gave back all gain by closing bell.

$AMRN led the gain with a nice bounce on the chart.

AMRN_daily

If this bounce takes hold and begin a new trend up, it will be the 3rd wave of the Elliott Wave theory.  And the 3rd wave is usually the longest wave of the 5 waves pattern.  I expect this 3rd wave will exceed the Jan high of $2.75.  If FDA changes its heart and approves the label expansion of Vascepa, then this will be one of the longest 3 waves in the history of stock charts.

$STV continued to inch higher.

STV_daily

So far, it is trading in the middle of the consolidation range.  Did you notice that the 5 MA is about the cross-over the 15 MA line?

$KGJI bounced well today.

KGJI_daily

Price is now over the 79 MA line. I see somebodies are finally taking notice that $KGJI is an undervalued “gold nugget” that is waiting to be appreciated.

$DMRC bounced nicely during the day but gave back gain by closing bell. All the weak hands practically left the party before the earnings update tomorrow.  I’m still holding my ticket to the party and is looking forward to have a happy time.  Let’s see if that is the case tomorrow.

Yesterday, i mentioned that the thought of holding $KNDI thru the drawdown was a better deal than my current $DMRC dilemma.  However, looking at the math, it really wasn’t.  To hold $KNDI from $18.5x (from where I took profit) to under $11.00 would involve sitting thru a drawdown of 42% from $18.50 and 52% from the high of $22.4.  Meanwhile, I’m only sitting on a 23% drawdown on my $DMRC position.  That number will change for better or worse after tomorrow update.  It is only from the hindsight of $KNDI recent rally that it “looked” better.  Well, all these number crunching were just to put my perspective back in place.

Thanks for $AMRN leading the gain, my port gained back 1.2% for the day.  YTD losses is now at 3%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

Still waiting for Health Canada response while $FITX position is taking in water…

My 2 cents.

 

 

07-21-2014 Trading Journal

Market gapped down, traded lower and then spent the rest of the day climbing back up.

SPY_Daily

While it still closed lower for the day, I’ve to give the bull credit for fighting the bear bad breath to recover a chunk of the losses.

What more can I say?  While four of my stocks were up for the day, they were not enough to offset the continued avalanche of $DMRC.

DMRC_weekly

The only comfort I could see on the weekly chart above is that price is trading to the 89 MA and March 2013 support level.  I’m feeling like a fool holding the bag for now; but let’s see what Wednesday update has to say before I declare myself a bagholder for $DMRC.

The irony of my $DMRC ordeal is that while I traded out of $KNDI correction from $22 to $11.xx by getting out of $18.5x, I put myself back into the same dilemma with $DMRC.  Hindsightwise, it would have been wiser to just hang onto $KNDI thru thick and thin since $KNDI has rallied back in space.  Now, I like to see $DMRC do the same as $KNDI.  We just have to see if retailers are biting the Digimarc barcode system.

To look from a positive angle, I’ve seven stocks in the port, all I need is at least one to hit a knock-out rally and I can still have a good year despite $DMRC “current” correction.

Due to $DMRC steep decline, my port gave back 1.1% today.  YTD losses is now 4.2%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated).

From my other account:

$FITX gave back some gain from last week due to no news from Health Canada.

My 2 cents.

 

07-18-2014 Trading Journal

The market bounced back like a spring that didn’t appreciated being pushed down by the hand of the bear.

SPY_Daily

Up and away it went all day.

With such as strong bounce, all my positions except $KGJI rallied back some.

$DMRC bounced back from support that was March 3rd’s low.

DMRC_daily

If it bounces from here, then price is trading in the consolidation range until we hear update next Wednesday.

$HYGS found strength in mid-day to rally persistently till closing bell.

HYGS_daily

From the chart, supports established from beginning of June seems to hold well.  I expect this stock to be nothing but volatile due to the tiny float; thus I’m content to just watch this little “sapling” I’ve planted in my backyard to grow.

Have you ever planted a young tree and then after many years when you “remember” to pay attention, you exclaim, “Mother of tree!  Ain’t you such a giant!”

I believe the timing is ripe for hydrogen fuel cell to make major inroad to the electric vehicle industry.  Check this out:

Cost and availability

Beginning in 2015, major automakers will introduce fuel cell electric vehicles to the commercial market in California and other parts of the world, most likely in Germany, Japan, Korea and the Scandinavian countries. Sales prices for these FCEVs have not been announced. Two automakers currently lease vehicles in Southern California and others are in fleet programs. In addition, three transit agencies across the state operate fuel cell electric buses. [Learn more]

Now, check out the California road map on FCEVs.

Not to mention the multiple way to harness the power of hydrogen fuel cell, with power back-up as an important utility.

No, I’m not going to let market volatility steals my shares.  I’m holding on to it thru thick and thin, like I’m doing with $DMRC and $LRAD.

$LRAD bounced some today.

LRAD_daily

Price is still trading at the upper part of the consolidation range.

$AMRN and $ORBC bounced some while $STV continued to close slightly higher.

Thanks to today gain from six of my seven stocks, my port gained back 1.8%.  YTD loss is now at 3.1%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

I added to $FITX and it managed to close near even for the day.

My 2 cents.

 

07-17-2014 Trading Journal

It was a sad sad day not because the market traded down but because of the needless dead in the shoot-down of the Malaysia airline.  What happened to fighter jets escorting you back to your own route?  Wait, did that happen only in the movies?

SPY_Daily

From the chart, the resistance from previous high proved to be very formidable.  There is a support from recent low.  If that support holds, we are back to a trading range.

Needless to day, I took a blood bath with my positions with $LRAD, $DMRC, and $HYGS leading the spillage. Both $DMRC and $HYGS are super low-floated stocks, so they tended to be super-sensitive.  $LRAD was simply too illiquid to defend itself.   Surprisingly, $STV was trading strong today and still closed higher for the day albeit giving back some gain.  $KGJI was also closing up.

With only two stocks up for the day, they were no match for the avalanches of the other five stocks.  Thus, my port gave up another 2.2% for the day.  YTD loss is now 4.9%.

Despite today bloodbath, I actually didn’t feel that bad.  For I know that the seven stocks in my port have the potential to make history in the next few years.  So, I’m just going to sit and wait out the drawdown instead of trading in and out like I used to do.  There are always potential for a sudden spike-up in my positions so I’m not too worried yet.

Current holdings:

LRAD, DMRC, STV, HYGS, KGJI, ORBC, AMRN (100% invested/speculated).

From my other account:

Surprisingly, $FITX didn’t come down like everyone; instead, it went higher.

My 2 cents.

07-16-2014 Trading Journal

Market continued higher but is now trading against the resistance from previous high.

SPY_Daily

Can it make new high again or will it trade back down?  Stay tune for tomorrow.

Despite higher market, my port continued to get hit by correction. Only $LRAD was able to stay up for the day.

$DMRC is still trading at the support level. DMRC_daily

News was out that $DMRC will release 2nd qtr earning next Wednesday and a conference call is scheduled for the same day as well.  The moment of truth will be my doing or undoing next Wednesday.  Reading between the fine lines on the news:

“…and provide an update on market conditions and execution of strategy”

So there is an “execution of strategy” in motion.  I like the sound of that.  Am I grasping at straw here?  Maybe or maybe not.  Next Wednesday will be judgement day.

$ORBC tried to hit resistance and failed once again.

ORBC_daily

From the chart, price is still following the uptrend line. Notice the volume was lower today compared to yesterday.

$STV is still trading near the support.

STV_daily

While it was down slightly, I still hold strong conviction on this one.  Perhaps, I need $STV to replace $KNDI as the rising star.  Missing $KNDI recent run is like missing the bus.  There is always another one coming.  It can be one or several of my seven stocks in my port.

Although $HYGS is down today, it is still above the uptrend line.HYGS_daily

Let’s see if the uptrend line can be a good support.

Thanks to $LRAD up day, it helped cushion the loss on my port to 0.5%.  YTD losses is now -2.7%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)

From my other account:

$FITX gave back much of the gain from yesterday.  Oh well,..

My 2 cents.

 

07-15-2014 Trading Journal

So we have a minor dip today at the market.

SPY_Daily

Price closed above the 5 & 15 MA lines which is still bullish.

As for me, my conviction is being tested with a heavy drawdown from $DMRC.

DMRC_daily

Price traded to the support at $28.5x level.  Let’s see if this support will hold.  Somehow, despite today bloodbath with low volume, I’m not too concerned with the price action.  I’m just going to hold this one until I hear news one way or the other.

Today, I started a new position on $HYGS.  I like the prospect of hydrogen fuel cell being the “ideal” power backup for data center.  This news article, CommScope Partners with Hydrogenics to Provide Indoor Backup Power Solution for Data Centers, is what sold me on the merit of $HYGS.  When you think of data center, what come to your mind?  Does Google, Amazon, Facebook, or IBM ring a bell?

HYGS_daily

See how the price is trending up?  Pretty soon, I expect price to climb above the 79 & 89 MA lines. Nevertheless, the 79 & 89 MA lines are where the $19.3x wall of resistance is located.  To break out of that resistance,  $HYGS needs to get one of the brand names mentioned above to take up its backup power solution.  $HYGS had recently done a secondary offering in May which explained the drop from $20 in mid-May.  With the secondary out of the way, let’s see if this one can climb back up to former glory by doing business with the big guys. Btw, I sold all my $NMRX position to buy $HYGS.  Since I already have $ORBC, I don’t need $NMRX.  I also scaled down $AMRN to buy more $HYGS.

$STV took a dip after the open but bounced back up nicely.

STV_daily

See the long-tail candlestick bar here?  If price takes out today high tomorrow, we may be on for a good bounce.

$ORBC couldn’t overcome the resistance and fell back down below.

ORBC_daily

I’m not worried about this one at all.  I’ve strong conviction on this one simply because they just have six brand new satellites up in space with eleven more to go by the end of the year.

Basically, all my positions took in water today which set me back 3%.  YTD loss is now at 2.2%.

Current holdings:

LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN and 3% cash.

From my other account:

$FITX was the only stock that went up for me today.

FITX_daily

Good thing I added more yesterday.

My 2 cents.

 

07-14-2014 Trading Journal

Market “popped” higher at the open and stayed up all day without giving back much gain.

SPY_Daily

Let’s see if this momentum will continue this week.

The good news, at least for me, for the day is that SpaceX has successfully launched the six OG2 satellites for $ORBC this morning.  $ORBC will have eleven more satellites to launch by end of 4th quarter.

ORBC_daily

Price bumped against the resistance from April 3rd at $7. Nevertheless, I can see price continues to climb from here. As far as I’m concerned, $ORBC has the most advanced satellites that support the growing M2M (machine to machine) technology. As being the first one to control the space with advanced satellites, I look forward to see $ORBC gains more new businesses as a result.  I’m planning to hold this one for long-term.  This could make up for the $LNG I missed out years ago.

$DMRC bounced some today but the gain was offset by a correction from $LRAD.  $STV corrected a bit today but I’m not going to worry about this one unless the support at $4.2x is being tested.

Thanks to $ORBC, $NMRX and $AMRN bounces, it was enough to offset losses from $CERS and $STV to allow my port to gain 0.2% for the day.  YTD gain is now 0.8%.  I know, I know, these small % gain is as boring as the interest you earn from your money market; however, I’m looking for the “POP” in any one of my stocks that will make my day.

Case in point, $KNDI spiked 26% today due to news of a fantastic 2nd quarter.  Nope, I wasn’t in it so I didn’t participate in its gain.  Was I upset?  Not too much since I did not have the conviction to go back into $KNDI.  I honestly did not believe they could sell that many EV in the 2nd quarter.  The fact that they did surprised me. For those who have the conviction, they deserve today big gain.  Now, I’m exercising patience so that one day, one of my eight stocks will explode the way $KNDI did today.  While I didn’t make money with $KNDI today, I look forward to making more with one or several of my stocks below:

Current holdings:

LRAD, DMRC, ORBC, STV, KGJI, AMRN, NMRX, CERS (100% invested/speculated).

From my other account:

I added more $FITX today ’cause of the continued bounce instead of a correction from Friday up day.

My 2 cents.

07-11-2014 Trading Journal

After yesterday recovering bar, I was not surprised that market closed green today.

SPY_Daily

Price now closed above the 15 MA line. Looking good for a continuing bounce next week.

Today, I juggled my port a bit to make room for two new stocks: $STV and good old $CERS.

After watching the China Digital TV webcast presentation from Deutsche Bank, I’m getting an impression that this could be my next $KNDI.  I’d bought $KNDI from between $5 – $6 and rode it to $18.50 to lock in gain.  Only this time, I see a much stronger business model with a predictable growth factor; unlike $KNDI which is counting on the “potential” acceptance of its EV business model by multiple cities across the China.  I’m sure, in time, $KNDI will flourish; but the question is how long do we have to wait?

STV_daily

In today chart, it confirmed the support of $4.2x is holding by bouncing off yesterday recover bar. Thus, I bought a position with the remaining cash and to add more, I also sold  1/3 of my $AMRN position (at breakeven) to free up cash to buy more $STV.  Let’s see if it will continue the bounce next week.  I’ll be watching the $4.2x support.

I also revisited $CERS and like what I saw on the chart.

CERS_daily

While prices were trading below the 79 & 89 MA lines, I like the fact that it had bounced from the support at $3.7x that went back to May of this year.  Looking at the chart, I’ve to admit that the $3.7x support looks pretty solid.

$DMRC had a bounce that stopped the slide for the last four consecutive day.

DMRC_daily

Since this is a super-low float stock, it didn’t take much for any larger seller to create a landslide; on the other hand, it will be very difficult for the same seller to buy back the shares at this price ’cause any buying in size can easily jack this price back up to $34.xx in no times.  So, I’m not worried about the volatility here.

$ORBC is the star today.

ORBC_daily

Price took off probably in anticipation of next week SpaceX launching of its satellites.

Thanks to gain from $ORBC and $DMRC, my port gained back 0.7% today with YTD gain at 0.6%.

Current holdings:

LRAD, DMRC, ORBC, STV, KGJI, AMRN, NMRX, CERS (100% invested/speculated).

From my other account:

$FITX chart looked good today.

FITX_daily

It showed the floor at $0.4x is holding well.  Now, can we hear about the HC licensing decision please?  I wonder how much longer we have to wait to find out.  Nevertheless, I can’t help admiring the professional and high tech look of the current growing facility that is waiting for approval to grow.  I may consider adding more next week.

My 2 cents.