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Tag Archives: $SEED

03-13-2014 Trading Journal

Market opened higher and then dropped like a rock.

SPY_Daily

Notice that price is still inside the consolidation range; therefore, it is too early to call it a bearish market.  However, if it takes out the lower range, then the next supports are the 79 & 89 MA lines.  If that is taken out, then the next support is the Feb. low.  If that is taken out, then the bull may be over.  So there you have it, there are three “if” before we can worry about the bear market.

I bought $CERS, $GALE and added to $KGJI today; the first two were a mistake ’cause the market tanked afterward and I didn’t get out sooner.  $KGJI was a good addition since price held strong and even took out the $1.85 resistance briefly.  Volume was high today so it could mean more rally later on.

KGJI_daily

See how price closed directly at $1.85 with high volume whereas it couldn’t even close near $1.85 in the past.  I believe investors are finally realizing how undervalued $KGJI is.

Yes, I regretted selling $TINY after I bought giving that price had gone up due to an article from SeekingAlpha.

TINY_daily

I’m not sure if I want to chase this one here.  I’ll have to wait and see.  All I can say is I miscalculated yesterday by focusing only on the D-Wave quantum computer.  Oh well…

$SEED corrected along with the general market.

seed_daily

But price still closed above the support line.  In fact, it is sitting right at the 15 MA line as well.  Let’s see it bounces tomorrow.

$MZOR continued to impress by fighting off bear attack.

MZOR_daily

Look at the bounce back!  The longer the consolidation, the more powerful is the breakout.  I expect the breakout is to the upside of course.

$CARA continued to correct.

CARA_daily

Notice price is now sitting on the 15 MA support line as well as the 38.2% fib retracement line.  If it bounces tomorrow, I may add more.

$LRAD dropped out of the consolidation range but managed to climb back up to close as even.

LRAD_daily

Oh well, let’s see if it can bounce tomorrow.

Thanks to $CARA drop, my port dropped another notch down.  While I’m now below the milestone target, it is definitely within sight; so it  is a matter of time before I get back up there and beyond.

Current holdings:

LRAD, SEED, MZOR, KGJI, CARA and 28% cash.

From my other account:

Relatively speaking, I must say I’m impressed with $FITX performance today even though it didn’t go up.

FITX_daily

The fact that it stayed even without going further down today despite a down market was very bullish to me.  It looks like it may bounce tomorrow and beyond.

My 2 cents.

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03-11-2014 Trading Journal

Market played the diver today by going up the springboard in the morning time and then jumped into the water not long afterward.

SPY_Daily

Price is still around the upper range of support so I would call this a healthy correction so far.

$SEED opened strong and I bought back the 40% shares I sold yesterday.  Everything was going perfectly until the mood changed in mid-day.

seed_daily

Since price is still above support, I decided to hang onto the shares I added back today.

$CARA also did a reversal after a stellar morning spike-up.

CARA_daily

So far, the chart still looks bullish with a healthy dose of correction..

$MZOR performed nicely considered that most every one did a reversal.

MZOR_daily

Price is still within the top range of the consolidation area.

$KGJI was still having problem breakout out of $1.85 resistance.

KGJI_daily

I added back some $KGJI I sold yesterday due to the morning surge.

$SVA,, like everyone, enjoyed a strong morning so I bought a medium size position looking for a bounce.

sva_daily

Price did not turn negative and the close was higher than yesterday.  So far so good.

$CERS looked like it was bouncing off from yesterday doji bar so I bought a starter position to test the water.

CERS_daily

Price turned negative for the day.  I will see if the $5.77 previous low @ Feb 3rd will hold before deciding what to do with my small position.

$LRAD remained neutral and range-bounded.

LRAD_daily

As long as it is not trending back down, I’m happy.

Basically, my port was in neutral zone after adding all the pluses and minuses together.

Current holdings:

LRAD, SEED, MZOR, CARA, KGJI, SVA, CERS and 22% cash.

From my other account, I was disappointed that $FITX traded lower while most other cannabis stocks went higher.  Oh well, what can I say but to remind myself to be patient.  Rome isn’t build in a day or a week.

My 2 cents.

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03-10-2014 Trading Journal

The market started off negative and later recovered some by day close.

SPY_Daily

Notice that price bounced off the upper range of the consolidation area.

At first, I was going with the market momentum by shorting via $TZA and $FAZ; but both turned out to be non-performing due to lack of market follow-thru with the waterfall action.  I got out with small losses.

Due to negative market action in the morning, I took it upon myself to reduce position size on $SEED and $KGJI by 40%.  Nothing really happened except that $SEED dropped a bit more below my exit point.  I’ll be buying back these shares if momentum is going back to the upside.

seed_daily

$SEED dropped below the support today.  There is another support at the 15 MA line at $2.50.

$CARA also dropped at the open and took out last Friday low.

CARA_daily

However, I wasn’t concern ’cause I know price can spike back up really fast due to the low float status.  Basically I can create a new low if I dump my shares at the market; but I surely will not be able to buy them back at the price I sold for ’cause I will drive the price back up really fast if I try.  Thus, I’m not trading this one. Chart looks good for a bounce from here.  Price needs to take out today high to confirm a bounce.

$MZOR continued to meander nowhere.

MZOR_daily

But it was good to see price hang around the upper part of the consolidation range.

$KGJI was following $MZOR playbook.

KGJI_daily

Price was still having a hard time breaking out $1.85 resistance.

Good to see $LRAD bounced ’cause that means it is staying inside the consolidation area instead of breaking out to the downside.

LRAD_daily

Price is inside the range and bounced off the 15 MA line.

Due to correction from $SEED and $MZOR, my port dropped another notch.  Now, I’m barely above the milestone high.

Current holdings:

LRAD, MZOR, CARA, SEED, KGJI and 38% cash.

From my other account:

$FITX appointed Ms. Anndrea Hermann as President of the newly acquired Hemp Technologies company.  I googled Anndrea and was pleasantly surprised to find that Anndrea practically dedicated her whole adult live working with hemp.  It is an excellent move to have someone with high level of expertise on hemp to take $FITX to the next level in industrial hemp business.  Since the Federal law now allows the production of industrial hemp with its recent agricultural bills, I can see $FITX is laying the necessary ground work to become a key player in the hemp and medical cannabis market.

FITX_daily

Price came back down a bit after an initial up move.  This one will require a lot of patience…

My 2 cents.

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03-07-2014 Trading Journal

The market had a wild swing during the day but closed the day neutral.

SPY_Daily

While it was a red bar, the overall trend is still up.  Notice that since beginning of February, there was only two significant corrections, 02/19 and 03/03.  This can only mean that we are in a kick-ass bullish trend or we are due for another small correction soon.

And this is the basis of my concern that I no longer feel the conviction to hold on to my $KNDI shares.  A collection of recent events had somehow changed my strong conviction on $KNDI into a cautious “going for a quick buck” speculation.

What recent events?

Remember that time I bought $XONE in December @ low $5x.xx and rode it all the way to high of $70.xx+ in mid-January and then watched a whole chunk of my unrealized gain evaporated into thin air in the name of “bullish conviction”?  This experience taught me that I must temper my conviction with a dose of short-term reality. This lesson was further confirmed by my most recent gave-back of my medium size unrealized gain on $CERS going into earning day.

Reaching my milestone target is another event that put me into cautious mode.  I do not want to fall below this milestone high so early in the game after just reaching it.  Selling out my largest position (30%+ of my port) to lock in gain was the only way to ensure that my milestone high would not be out-of-sight if a correction hit $KNDI b/w now and March 17th reporting day.

Since $KNDI had climbed so fast and is making new high approaching the March 17th reporting day, I’m becoming more leery of holding such a huge amount of unrealized gain gambling on the earning outcome.  In other words, if I’m going into this earning date with my unrealized gain on the table, I’m practically betting this whole $KNDI pot (principle and unrealized gain) on the earnings result.  So  I asked myself if I am ready to push all my $KNDI chip in the center of the table?

No.

The possible “island top” was all I need to find an excuse to sell $KNDI to lock in profit last Tuesday 03/04.

In an nutshell, I lost my “nerve” on $KNDI.

But that is just me.  $KNDI could surprise and continue to move much higher and those who have the gut to bet big will surely be rewarded for their risk-taking.  I believe I was rewarded very well for my gut and conviction of buying at the low $5 and rode it all the way to $18.xx since the latter half of 2013 with a double-down in late December after Geely’s announcement on the EV version of the London’s black taxi.

For now, $KNDI is just another possible speculative bet that warrants a “guerrilla” type of trading- in and out with small to medium size position for a quick swing trade.  With more update fundamental news, I may again become a longer-term holder.  One thing I learn is that today stock market environment requires us to combine nimbleness and a long-term outlook at the same time.  Think of a jaguar following the herd jumping in and out of the herd for the kill but still follow the herd for the next possible kill.

I actually went in with some starter position on $KNDI today but chickened out at breakeven when I realized I didn’t want to hold the position over the weekend.

Both $CARA and $LRAD were taking hit today so my port suffered another small setback.

Since $CARA position was only 1/3 of my original $KNDI size, My conviction of its disruptive pain-killer technology can handle the drawdown.

CARA_daily

So far, all I’m seeing is some normal price correction.  Still holding my shares long and strong despite taking heat.

$SEED was practically neutral which was good enough for me.

seed_daily

Notice that price is still above the support area. Still holding long and strong.

$KGJI bounced slightly today.

KGJI_daily

Perhaps, next week price will take out the $1.85 resistance once and for all?

$MZOR performed well today coming back from a bearish attack to close only slightly down.

MZOR_daily

Price is still trading in the upper-range of the consolidation.

$LRAD was still stuck in its own consolidation range.

LRAD_daily

Today was another set back but I like to see price bounce tomorrow to stay inside the recent consolidation area.

Due to $LRAD and $CARA correction today, my port was down another notch but overall is still above milestone high.

Current holdings:

LRAD, SEED, MZOR, CARA, KGJI and 28% cash.

From my other account:

$FITX broke thru the resistance today.

FITX_daily

Although it fell back from the high of the day, it still closed above the previous resistance which has now become support.

$FITX announced that it acquired Hemp Technologies Ltd.  I believe that $FITX is laying on the correct brick to build the company up. To me, it makes perfect sense.  After harvesting the 1.3 million pounds of medical cannabis, those non-bud (leaves and stems) can be used for industrial hemp.  Nothing go to waste.  What perfect synergy!

Still holding long and strong.

My 2 cents.

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03-06-2014 Trading Journal

Market was up slightly today and the general direction is still up.

SPY_daily

Notice that volume was lower than average for the last two days.  Can price continues to float upward from here?  We will see.

I added to $KNDI due to a strong opening; but when price started struggling to stay within the opening range, I decided to put a stop below the range.  I remember reading that some outfit projected a target of $20.xx; so I asked myself, “we are at the target, so who else is buying this up?”  Apparently no one since I got stopped out when price fell thru the lower opening range.  Luckily I still had some profit from yesterday buy that despite my adding this morning, I came out with a small profit.  Although I got out of my large position two days too earlier; I really can’t complain about the profit I was able to capture.  Stock speculation is risky and no one can ever get out at the top or buy at the low.  We just need to stay true to our decisions without second-guessing ourselves because hindsight gives a different picture than the one we’ve envisioned.

$SEED took a tumble at the open when there were no news to hold yesterday gain.  I did not sell ’cause my original objective of seeing thru the China’s decision on approval of the GM seeds has not changed.

seed_daily

While price came back down, it still stayed above the support (blue line). The good news is that $3 resistance had been broken, so I don’t see it as a hard resistance anymore.  Let’s see if there is a bounce tomorrow.

I sold $SVA today ’cause price fell thru yesterday low.

SVA_daily

When I loaded up to swing for the fence, I expected price to behave upward with strong momentum.  And when price went the other way, I had no choice but to “get out of Dodge” before losses magnified to an unbearable point.

$MZOR bounced a bit today so I’m still holding.

mzor_daily

Price is still at the upper range of the consolidation area so I’m not worried at this point.

$CARA corrected today but I decided not to sell any shares ’cause I believe this new pain-killer can improve pain-management drastically due to the lack of side-effects the opiate drug has.  So, I’m holding this for a possible buy-out from big pharmaceutical company or positive phase 3 result.

cara_daily

See how price closed above the 5 MA line?  Hopefully, it is finding support here.

Both $KGJI and $LRAD were practically neutral for the day.

Due to correction of $SEED, $SVA, and $CARA, my port gave back a chunk of gain from yesterday.  However, my port is still above my milestone level.

Current holdings:

LRAD, SEED, MZOR, CARA, KGJI and 28% cash.

From my other account:

$FITX continued to bounce back upward.

fitx_daily

We may be seeing a V-shape bounce to take out the resistance @ $0.115 level.  As $FITX continues to show progress on the construction of the facility, price will continue to climb higher.

My 2 cents.

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03-03-2014 Trading Journal

Market fell off the cliff today but managed to hang onto to the tree branch dangling above the consolidation range.

SPY_daily

See how price closed back above the range?  I could see a bounce tomorrow.

Meanwhile, thanks to $KNDI and $CARA, my port made new high today.

$KNDI opened lower but bounced back to the surface rather quickly.

kndi_daily

As you can see, the bear tried to push $KNDI down in mid-day but failed; price bounced back up to close near the high of day.  It was a nice looking bullish chart, you would think the general market was up today just by look at $KNDI chart.

My weekend research pointed me to $CARA.  It has a fantastic story of a pain-killer drug that is as strong as a morphine drug but without the opiate addiction side-effect.  Please pardon my pasting an excerpt from a contributor from SeekingAlpha:

The most exciting CARA compound is CR845, which is not a CB-acting drug. CR845 is unique because it acts on pain receptors in the same class as those acted on by morphine but it does not cross the blood-brain barrier, leading to significantly reduced side effects. This molecule is currently in Phase III studies for Post-Operative Pain, and had excellent morphine-sparing effects in Phase II results.

I couldn’t contain my excitement as I learned more about $CARA.  As luck would have it, due to negative market open, $CARA also opened down.  I jumped at the opportunity to build up a position while price was debating whether to go down more or to go back up.  I didn’t care if it would go down more ’cause I wanted to buy more.   As price began to climb back above water, I just kept on buying until I got the amount I wanted.

cara_daily

To my surprise, price began to climb much higher from my entry point during mid-day.  Although price gave back some gain from the high of the day, $CARA closed almost 13% higher for the day.

$SEED also performed admirably in the face of down market.

seed_daily

Price did bounce back from the support as I had predicted.  $SEED looks like it is going to go much higher soon.

Although $LRAD, $MZOR, and $KGJI all corrected a bit today, the gain from $KNDI, $CARA, and $SEED propelled my port to another new high today.

Current holdings:

KNDI, LRAD, MZOR, SEED, CARA, KGJI, SVA and 1.5% cash.

From my other account:

$FITX continued to head south and somehow, I wasn’t concerned at all.

fitx_daily

Notice that price is getting near the 50% retracement area.  Currently, the heat I’m taking is being absorbed by the gain I made from $XTRM earlier before I got into $FITX.  In the back of my head, I somehow know that $FITX will pull through and get the facility build… but that’s just me.

My 2 cents.

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02-27-2014 Trading Journal

Market bent down a bit at the open and then jumped up into the air.  Up and away it went.

SPY_Daily

See how price went down to touch the upper range of the consolidation area (support) and then bounced higher afterward.

With SPY closed at all time high, my port is following the trend by making an all time high as well.

Thanks to the three big upside momentum on $KNDI, $LRAD, and $SEED which contributed to my port making an all time high today despite $CERS putting me one back step yesterday.

$KNDI chart looked much better today compared to the last two neutral days.

KNDI_daily

Although price did not make a new high from the this week, it was still a good green bar with an upward momentum.  We may see a breakout to new high tomorrow if the wind blows higher.

$LRAD made a strong upside reversal after opening on the downside.

LRAD_daily

Volume was also higher than average.  Potentially, there may be more steam behind this rally.  Look forward for this one to move higher.

$SEED finally took out the resistance and closed above it.

seed_daily

Although price fell back from the high of the day, I’m just thrilled that price remained above the resistance which will now be called support.

Both $MZOR and $SVA also moved higher but their dollar value in gain were relatively smaller compared to the three stocks above.

Again, $KGJI did not rally.  I’m beginning to feel that this one is dead money.  But I like to believe when the time comes, it will rise very fast; therefore, patience is required for this one.

Good thing I sold $HALO yesterday since price went down after-hour today due to earning miss.

Current holdings:

KNDI, LRAD, MZOR, SEED, KGJI, SVA and 5% cash.

From my other account:

$FITX sell-off seemed to be slowing down.

FITX_daily

Notice that today was a short range doji bar which could mean a temporary bottom is setting in.  But this bottom needs to be confirmed by a higher bar tomorrow.  Let’s see if it will bounce.

My 2 cents.

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02-24-2014 Trading Journal

The market rallied hard during day but gave back some before close.  Somehow, the resistance was quite formidable for the SPY to crack.

SPY_Daily

Notice that price closed right on the resistance.

$KNDI, again, brought home the big fat bacon today.

KNDI_daily

Price broke out to the upside convincingly with larger than normal volume.  Not only that, it closed above the previous high of $15.39.  What more can I say?  I’m not surprised at all for I know it is a matter of time.  Still holding all my shares long and strong.

Next, $CERS continued to move higher.

CERS_daily

Price is now getting ready to take out $8 soon; but first, it needs to close above the current resistance of $7.85.

$SEED made another attempt to take out the resistance of $2.37 and failed once again.

seed_daily

However, price seems to stay well above the 15 MA line.  I’m sure a few more attempts and the resistance would give way.

$HALO continued to bounce higher.

Halo_daily

I like the slow steady climb that was reflected on the chart.

$LRAD and $KGJI also moved higher.  The only one stock in my port that didn’t go higher is $MZOR.

With $KNDI leading the charge, my port has made new historical high today.

Current holdings:

KNDI, LRAD, CERS, SEED, KGJI, MZOR, HALO (fully speculated)

From my other account:

I was disappointed to see $FITX sold off after the gap-up.

FITX_daily

With so many people who bought below $0.05; profit-taking was to be expected.  Despite the down day, I added a bit more today.  I think the key point right now is that Cen Biotech stays on course to complete the facility on time to get the permit to start growing and selling.  Price volatility is to be expected b/w now and completion of facility.  I intend to hold this one thru the volatility.

My 2 cents.

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01-17-2014 Trading Journal with emphasis on $SEED

Market had a mixed signals on Friday with the DOW up 42 points while the SP500 was down slightly.

Meanwhile, I was busy planting $SEED in my portfolio looking for strong growth in 2014.

I first came upon $SEED from a post from the The Fly,  I was intrigued by $SEED immediately when I saw the post.  It was as though $SEED was embedded with an alert signal for my eyes only.   At the time, my portfolio was already fully speculated and was also gaining ground in upward momentum.  Thus, I placed $SEED in my mental watchlist and moved on.

Recently, after taking profit from $GALE and $AMRN, I decided to look at $SEED again and was pleasantly surprised to see $SEED was in the beginning stage of bouncing off the 79 & 89 MA lines.  In other words, I saw the first green bar near the 79 & 89 support lines after five consecutive red bars.  The time couldn’t be more perfect.  I began to build my position on $SEED.

What is so special about $SEED?

Genetically modified (GM) seed is why I like it.

What tickled me the most was the below excerpt from $SEED website (underlined is my own emphasis):

Latest Updates on Corn Seed Biotechnology

GMO Corn Seed – Origin’s genetically modified phytase corn was the first GM corn seed which passed five phases of the GM approval process and received notification of Bio-Safety Certificate. Origin has further incorporated phytase traits into two of its best-selling commercial corn hybrids. Commercialization of these two corn hybrids is pending approval from the Chinese government.”

Based on my limited research, it seemed to me that China has only begun opening the door (cautiously) to genetically modified seeds giving that $SEED is still a microcap company with only $77.30 million in revenues for fiscal year 2013.  Upon further readings, I also found out that China has issues with GM seeds that came from outside China.  This tells me that protectionism is necessary for safety reason when it comes to GM seeds.  This also open my eyes to the possibility of $SEED since GM seeds from Monsanto Company ($MON) does not necessary have an advantage in China.

Recent news such as What Does Ukraine Stand to Gain from Farming Deal with China?” also added to the seriousness that China has on their food supply.

Will $SEED becomes China’s own Monsanto?

This is a speculation that I’m willing to risk some money on.

The way I see it, $SEED needs to show proof that their GM seeds are safe in China’s own safety standard.

We will soon find out when China makes the decision on granting approval to $SEED’s two corn hybrids for commercialization.

In a manner of speaking, the risk in $SEED is no difference from the risk of a biotech company waiting FDA approval on their new drug.

Chartwise, Friday huge volume reflected favorable sentiment and appetite for risk.

seed_daily

Price “may” continue to rally to take out the Jan 7th high of $2.94 in anticipation of possible approval.  On Friday, I added more $SEED by relocating funds from my $TINY position to $SEED.  Currently, $SEED is my third largest position in my portfolio.  I may adjust my position size on $SEED accordingly to my risk assessment in the next few weeks.

Asides from a nice run-up on $SEED on Friday, $LRAD also had a breakout day with higher volume.

LRAD_daily

As you can see on the daily chart above, price finally broke out of the two months long consolidation and closed above this consolidation.  I’m not surprised since I’ve been patiently waiting for this to happen.  I’m seeing a lot of potential in $LRAD’s mass-notification market with their new technology.

While $KNDI is currently the largest position in my portfolio, it won’t take that much for $LRAD to reclaim its top position since the number of shares I’ve in $LRAD eclipses my $KNDI share count.  Any serious rally on $LRAD will easily propel my portfolio to higher ground percentagewise.

Thanks to $SEED and $LRAD, my portfolio continued to head higher despite another correction on $KNDI.

Current holdings:

KNDI, LRAD, SEED, CERS, KGJI, GOGO, AMRN and 5% cash.

My 2 cents.

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