The market continued higher like another normal walk at the park…
Price took out the resistance like it wasn’t even there…
OK, I’m pissed that I missed out the $GWPH rocket launch . Having only owned it yesterday morning and was out coming into the gap up this morning, it was as frustrating as taking an unexpected big losses. Ok, now that I got this frustration out of the way, I’m moving on.
Did I wish I had the same number of $KNDI shares I had yesterday! I’m actually paying the price of playing safe yesterday by dumping those hi-beta stocks. Giving today hindsight of missing some of the boats leaving the harbor, will I do it again next time dumping hi-beta stocks in the face of a possible melt-down? You BET! I rather play safe by re-balancing my port and miss the profit opportunity than to take a bigger hit by being overweight on risk exposure.
Seeing that the market took off after the open, I began to add to $AMRN, $CERS, and $SEED, I also bought back some $KNDI.
While not getting a bigger gain had I hold on to $GWPH, $KNDI, $CARA from yesterday, I still received a respectable gain today from $LRAD, $DMRC, $KNDI, and $AMRN.
Current holdings:
LRAD, DMRC, SVBL, CERS, SEED, AMRN, KNDI and 29% cash.
From my other account:
$FITX was practically neutral today. The vault, required by Health Canada for licensing approval, has been installed! It will be soon when we will hear about the licensing approval. Still holding long and strong.
My 2 cents.
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