09-30-2014 Trading Journal

Market made an attempt to move up but failed at the end.

From the chart, it was only a small give-back.  There is still room for the bounce to happen since price is still at the 79 & 89 MA lines.

Today, three of my stocks rallied in the morning but failed to maintain altitude.  The only one stock that went up is $IBIO.

As a result, my port gave back 1.5% with YTD losses at 4.8%.

Current holdings:

LRAD, DMRC, ORBC, IBIO and 6% cash.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

 

 

 

Comments »

So the jealous bear stuck its foot out and the bull tumbled down the flight of stairs one more time…

Undaunted, the bull got back up, blew hot air out of its nostrils, and fought its way back up.  It was quite a display of bullish and “hopeful” energy. A feeling that nothing could stop this train from heading North.

$DMRC came back to life quite a bit today with volume

Could this be a bottom?  Really, it may just as well be. Why?  Well… in about a month from now, at the dawn of November, we may hear something about a name of one of the Big Five retailers that is testing the Digimarc Barcode system.  Will it welcome the new format with open-arm?  Anticipation and expectation may drive the price up from here.  I’m looking forward to watch the story unfold.

The rest of the team corrected a small bit.  As a result, my port gave back 0.5% with YTD losses at 3.3%.

Current holdings:

LRAD, DMRC, ORBC, IBIO and 6% cash.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

 

Comments »

After picking itself up from the fall yesterday, the market with all its tenacity, run back up the hill albeit with bruised knees.

At least, it was able to climb back above the 79 MA line.

Today, I used the remaining available cash to buy back some $HYGS and $AMRN.  It was nice to see them both in the green for the day.

The only one stock that was down is $IBIO.  The rest were up slightly which was enough to allow my port to gain back 1%.  YTD losses is now at 2.8%.

Current holdings:

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

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

Comments »

Market, so eager to run up, didn’t see the banana peel, slipped and fell thru several flight of stairs.

Ouch!  Luckily, the 89 MA is there to act as a support.  Will it hold tomorrow?

While the market rolled down flight of stairs, I was fortunate that $LRAD reported new orders from Africa.  This prevented the stock from careening down with everyone else.  It actually ended higher for the day.

Together with a small increase from $IBIO, the gains were enough to reduce the damage from the fallout of $DMRC and $ORBC.  The port gave up 0.6% today with YTD losses at 3.8%.

Current holdings:

LRAD, DMRC, ORBC, IBIO and 6% cash.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

 

 

Comments »

Market bounced after getting near the 79 MA line.

Wasn’t it magical?

Today only two of my stocks in the port provided gains which were enough to offset the losses of the other two.

$LRAD and $IBIO bounced back some while $DMRC sank below $21 again.  $ORBC was more like neutral even though it dropped slightly.

$KNDI did not bounce so I did not add.  I’m only holding a small position.

Thanks to $LRAD and $IBIO, my port gained 0.5% today with YTD losses at -3.2%.

Current holdings:

LRAD, DMRC, ORBC, IBIO, KNDI and 5% cash.

My 2 cents.

From my other account:

I sold all $FITX to cut losses.  It was a disaster holding this stock.  Good grief!  Nevertheless, I was still way ahead from the large gains I made in the beginning of the year trading the cannabis sector.  So, I’m just giving back some gain.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

 

Comments »

Market fell off support and is now heading toward the 79 & 89 support lines.

I can see a bounce coming when it get there.

Just like $LRAD bouncing off the 89 MA line today.

With both momentum indicators all starting to turn upward, there may be a better than 50% chance it may continue higher tomorrow.  We will see.

With gain on $LRAD, my port gained back 1.5% with YTD losses at 3.7%.

I bought a small starter position on $KNDI to test the water and added a bit more $ORBC today.  Other than that, there wasn’t much to do but to wait out the storm in the comfort of a non-margin cash account.

Current holdings:

LRAD, DMRC, ORBC, IBIO, KNDI and 5% cash.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

 

Comments »

The market took a hard landing on the support established from previous highs back in late July.

Will it bounce from here?  I like to think so; but what I think doesn’t matter anyway.

Needless to say, my port continued to fall hard.  A whopping 4.5% with YTD losses now at 5.2%.

All four stocks were down with $LRAD down the most since it is a big part of my port.  Yes, I’m aware I’m over-weighted here but it is a risk I’m willing to bear for the name of long-term play.  I do not have margin here so I don’t have margin call to deal with.  I can ride my port to year end and into 2015 waiting for the large military orders for long range acoustic devices and large order from cities for mass notification system.  Remember, if the “what” is going to happen as I’m expecting it to be, I don’t need to worry about “when”.

The same philosophy go with $DMRC, $ORBC, and $IBIO.   I think I figured out why $IBIO ran hard last week; it might have to do with the Ebola virus and the fact that plant-based vaccine is more efficient and economical to handle this type of emergency situation.  Here is a good article to learn more.

Last Friday, I forgot to mention that I dumped $HYGS and $AMRN for losses ’cause my convictions for these two stocks were not as strong as the other four I still own.  And I need to raise some cash for bargain hunting later on.

I’m eyeing $KNDI as a possible buy when the price is right.

Current holdings:

LRAD, DMRC, ORBC, IBIO and 8% cash.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

Comments »

Market corrected while Alibaba iPO opened higher.

This is not a good sign since Alibaba IPO in Hong Kong back in 2007 called the top of the market. Is it calling the top again?

My port was not doing well at all.  I’m being tested on my resolve.

$DMRC fell below support and sunk deeper into red for my port.  I’m wondering why I’m still holding this one.   Is it my stubbornness or is it my conviction on the Digimarc technology?  At this point, does it really matter since I’m already sitting underwater.  I knew I had to put up with the volatility but didn’t expect it to be quite deep.  Somehow I’ve developed quite a bit of tolerance against the drawdown on this stock.  Since I did not average down but simply putting up with the drawdown, I’m going to ride this out as I’ve stated from the beginning.  To me, this one is like buying real estate waiting for the city to expand into my location.

$LRAD also fell below $3 support.  This one I’ve strong conviction so I’m also riding this one out.  It is quite annoying to see your port gave back all previous gains in the name of long term play but this is where the big money is so I’m going to suck it up and take the drawdown as part of the journey.

$ORBC tried hard to rally but failed at the end.  I’m very bullish on $ORBC so I’m holding.  They are launching eleven new satellites by year end and it is only going to give them a better edge competing in the M2M marketplace.  So, I’m also going to ride this one out.

$IBIO is my latest and recent purchase in which I also witnessed a quick gain evaporated in a couple of days.  I believe in the technology and expect it to run like $INO in the past.  So, I’m holding this one.

Basically, my port is going to be in a roller-coaster ride in the last quarter of this year.

Due to large drawdown from $DMRC and $LRAD, my port gave back a whopping 4.5%.  YTD losses is now at 0.7%.  Ouch!

Current holdings:

$LRAD, $DMRC, $ORBC, $IBIO and 7.7% cash.

With after hour market down, I’m expecting to see more drawdown in the near future.

My 2 cents.

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

Comments »

Market jumped higher today.

It is on an up and up…

But not so with my port.  $LRAD corrected some more which was the bulk of my losses for the day.  $DMRC gained some along with $ORBC.  $IBIO gave back a little along with $HYGS and $AMRN.

Despite my port giving back 2% for the day with YTD gain at 3.8%; I feel quite calm about my portfolio.  I remember a wisdom from Warren Buffet,

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

I think I figured out what will happen with $LRAD, $DMRC, $ORBC,$IBIO, $HYGS and $AMRN, so I’m not going to worry about when.

My 2 cents.

Comments »

Market had a moment of clarity after bouncing on the trampoline for a day.

Price formed a doji candlestick which can represent either a pause or a top.  We will find more clue tomorrow.

$IBIO continued to surge ahead but gave back some gain before closing.

It was still a decent up day. So far, the run up is all technical and I still haven’t heard any news that may give some clue of the run-up.  Somebody out there may know something or there may be a buy-out waiting to happen. Regardless, I’m going to hold on to the position to see where it can take me.  It reminds me of $INO when it was under $1 before the reversed split.

When I saw $AMRN started to bounce instead of falling nonstop, I bought about a third of my original position just so I can watch it daily.  If script number can increase weekly, we may see a slow climb back over $2.00.

$HYGS finally bounced back some while $DMRC fell back along with $LRAD. $ORBC small drop I considered a non-event.

Today, the gains from $IBIO and $HYGS helped offset the losses from $LRAD and $DMRC so it was a breakeven day.  YTD gain remains at 5.8%.

Current holdings:

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

From my other account:

Still holding $LRAD and $FITX.

My 2 cents.

 

Comments »