iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Today Portfolio Adjustment (04-16-2013)

Today was a volatile and yet sleepy day for me.

Market opened positive so I bought $FB, $DDD, and $CERS at the open.

Unfortunately, $FB could not hold on to its price gap up and started a waterfall price drop instead.  It triggered my stop and I was out with a small losses.

$DDD took a little longer but I was stopped out eventually.

These two stops being activated in the morning on my buys gave me the idea that price action would be volatile today.

I started to build back my position on $CERS and $APRI and was buying them back bits by bits since the volumes were low.

Afterward, I just left the market alone because despite its roaring up day, the volatility of the stocks I was watching was all over the places; therefore, I pretty much decided today was a rest day for me.

I guess there wasn’t much to report today.

Current holdings:

LRAD, AMRN, SZYM, TINY, PACB, BCRX, CERS, APRI and 46% cash.

My 2 cents.

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