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

08-26-2014 Trading Journal

Market took another pause to rest.


Today was a slow day.

Out of my six stocks, three were up, two down, and one neutral.

$DMRC recovered today with a bounce that created an inside solid bar from yesterday down bar.


Volume was a bit higher than the last two days so maybe this may be the beginning of an reversal uptrend.  Time will tell.

$AMRN did a fine showing today with a break out of its recent consolidation range.


Price is ready to take out the $2 resistance as we approach September where FDA will render its decision.

$LRAD and $HYGS both corrected today. $LRAD again could not stay above the $3.36 resistance.  Sooner or later, the resistance will give way. $HYGS fell back down to support once again.

While $LRAD and $HYGS were down today, it was cushioned by gains from $DMRC and $AMRN.  Thus my port gave back only 1.3%.  YTD gain is now at 15.1%.

Current holdings:

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

From my other account:

I added to $FITX due to its announcement that Health Canada had already inspected their site.  So, we are now just waiting for the Yes or No licensing approval.  Giving the quality of their construction and caliber of their boards, scientists, and management team, I’m confident that they will get the approval.  Hence, my adding more today.

$LRAD is still in the money despite today minor setback.

My 2 cents.

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