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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.

 

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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.

 

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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.

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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.

 

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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.

 

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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.

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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.

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07-10-2014 Trading Journal

While today was a down day…

SPY_Daily

Looking at the chart above, I called it a great recover day!  That was a nice green bar that closed at the 15 MA line.  Let’s see if it can climb back above that line tomorrow.

My port wasn’t so lucky, $DMRC broke below $30 with $NRMX came in 2nd place with bigger losses than others.  Today, only $ORBC was positive.  As a result, my port was down 1.4% and YTD gain is now -0.1%.  Basically, I’m back to even for the year.  Nope, I’m not worried. I’m going to sit and wait out the drawdown.

Current holdings:

LRAD, DMRC, AMRN, ORBC, KGJI, NMRX and 7% cash.

Still holding $FITX on my other account.

My 2 cents.

 

 

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07-09-2014 Trading Journal

Market bounced off the 15 MA line nicely today.

SPY_Daily

I see a healthy bounce with leg to move higher.  Let’s see if this is the case.

Today was a neutral day for my port since the losses from $DMRC was offset by gains from $AMRN, $LRAD, and $ORBC.

Not much to write about for the day.

Current holdings:

LRAD, DMRC, AMRN, ORBC, KGJI, NMRX and 7% cash.

From my other account:

I bought some $FITX for the bounce.

My 2 cents.

 

 

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07-08-2014 Trading Journal

Market finally fell a little harder than yesterday.

SPY_Daily

Nevertheless, support was found from the 15 MA line.

While the DOW reflected a bit more zest in the falling, some of my key positions continued to plummet.

$DMRC took out the 79 & 89 MA lines in one swoop.

DMRC_daily

While I didn’t like the way price fell off the cliff, I’ve enough conviction to “hang on” for the fundamental story to develop.  Sooner or later, I’ll know if the retailers are going to adopt the DigiMarc barcode system.  And I’ll be there with my full size position to either celebrate the glory of my patience or to write about my lesson learned.  So, today price action is part of the volatility I’ve signed up for when I bought this low float stock to bet on the “inevitable’ evolution of our barcode system.

Next, $AMRN continued to head southside.

AMRN_daily

To me, that was a normal correction after a full month of uptrend.  Fundamentally speaking, there are a lot more to look forward to.  Still holding.

$ORBC finally gave in to the pressure and sold off as well.

ORBC_daily

Price bounced somewhat before closing.  I’m not worried about this one.  By mid-July, any news of successful launch of $ORBC’s satellites by SpaceX will send this one back up to $7+ in no time.  At least, that is my take of it.

Both $LRAD and $KGJI also fell slightly but I’m not worried about these two at all.  $NMRX was the only one that closed positive for the day.

Due to the fallen stock price of five of my six positions, my port gave back another 2.3%.  YTD gain is now at 1.3%.

Current holdings:

LRAD, DMRC, AMRN, ORBC, KGJI, NMRX and 7% cash.

From my other account:

I sold all my cannabis position to cut losses or at breakeven.to reduce risk.

My 2 cents.

 

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