awesome journal. I wish I had more to invest, right now I only have a couple hundred so im buying the lower cost stocks ( like AVNX, its $1.91/share now). just still trying to learn it all.
Thanks Zidion, I will be sure not to disappoint. If you are making trades using my recommendations you may find my homepage easier to follow than this journal.
well, im trying to figure out if its worth buying the higher end stocks or not. I just started trading last week, and been messing aroudn with stocks that seems to be doing good and are cheap ($1-$5). Becasuse I only want to invest like $300 until I feel comfortable enough to do more (and I have more lol). do you think its worth taking my $300 and doing what I am doing now, or should I follow what you do, but get less shares for my money (VARI is like $40 I think, so I could only get 7 shares, compared to another where I could get like a hundred...) thanks -Zidion
CMBC (Community Bancorp Inc Fallbrok) bought 100 at 30.90 on open (page 13) sold on open today at 32.75 +$185.00 profit +5.98% move Account value $11939.50
Hi Zidion, I understand your situation, If you look back on my journal there has been many times I have recommended stocks below $5 which have great potential, I find these can offer significant profit. It may pay you to wait around for some more of these opportunities to appear. Ie. SABA (Saba Software Inc) Page 9 on my journal.
Sell to close out HTV (Hearst-Argyle Television Inc) position on next open. Sell to close out CSQ (Calamos Strategic Totl Retn Fund) position on next open.
CSQ (Calamos Strategic Totl Retn Fund) bought 100 at 13.89 on open (page 7) sold on open today at 13.97 +$8.00 profit +0.57% move Account value $11947.50
HTV (Hearst-Argyle Television Inc) bought 100 at 25.50 on open (page 8) sold on open today at 25.85 +$35.00 profit +1.37% move Account value $11982.50