mymeohmoneyblog

well i finally entered a block trade for about 20-25 positions today, Aug 13th. I really despise slow web sites, and i hate logging in to marketocracy and waiting for pages to load. Plus the market's been volatile lately. Plus i've moved into a new apartment last week and movin's a pain in the derrier (except the heavy liftin' part - which i enjoy for the exercise). So i'm gettin a late start here. Wanted to 'plan it out' perfectly, but as is often the case in my life, i just threw down like the first 20 or so ideas that came to mind, some i just looked at minutes earlier, some i've been tossing around in my head for months etc, all in all really a rush decision, not the sort of thing i'd do with OPP (other people'...purse?/pennies?/pensions?...). Then i had to spend like half an hour trimming the positions down because of some unknown uncompliance (1mil max i'd assumed correctly) and eliminated a few trades completely that i'd wanted (MEOH pe appx 5 pos ea growth 52 week low ++ namesake :)// ISV small cap trading range future pop// and URI simple arbitrage trade, likely to go thru?), will probably revisit these and/or readjust shortly. (i think it'd be cool to get my namesake prefix). Couldnt find a way to enter percentage trades. Had to trim positions down to like the 3,4,5 percent range. Not the sort of way to win a contest, with such small postions. Oh well, i've been lookin forward to gettin started for like a month, hopefully ill tidy up my portfolio within a week or two, by trimmin it down and pickin some winners. At least this way, by just jumpin in haphazardly, at least i can start to satisfy the compliance rules. btw i went to marketcocracy.com, investorplaceblogs.com, strategylabopen.com and no links anywhere to this blogsite, horrible. thought i had it bookmarked a few weeks ago but had to look for it all over again, posted in a forum, which had to download.... well as for the stocks: (darn - while wasting time trying to find my ticket order- which apparently they don't keep < just 'open orders' and 'recent orders' which for some reason doesnt include/show the original order 'as is', i stumbled across the way i could of entered % trades - via the 'buy wizard', oh well ) so i put in orders to buy DNDN (base forming, expectations for drug approvals) , STN (station casino's - just saw it today with a nice arbitrage spread - dont think a credit crunch should affect the gamling co's too much ;/ , PHG (phillips electronics - normal co, durables/cyclicals/foreign diversity, near top but oh well, defensive stock?, slow growth stock, tech/green-energy/utility play) HW (old jubak pick, caps pick, fallen apart, low pe 5ish, diversifying, good ea growth, natgas/coal worries overplayed+winter coming, long term prospectus, TRB (tribune - simple arbitrage play - still has decent intrinsic value should b.o. fall through) SUNW (i dunno why - i just see it slightly under 5 and figure maybe it's got some support there, maybe sell out 5.30ish +/- .15, off highs, vista symbiosis numbers by christmas?) PDC ( well off highs, near lows, natgas overbuild danger, but natgas floorprice last year or so, nearer to BV - 30-40%over, M&E activity elsewhere, pos balance sheet/earnings - full disclosure I have a position on this co and at a loss but have no plans to sell , sort of guessing/hoping that there's some short interest in this stock that has to go away eventually) EGO (eldorado gold - off highs itself, but gold holding up, havent researched company itself, some risk, off highs, defensive play? gold stocks rising last two late-summers? ) MGPI ( ethanol sector - old Zambell pick? near lows, not much else to say, earnings just 'ok', corn prices high, ethanol overhyped but congressional support, sometimes gotta be a good time to get into the sector but when?? - i.e. vse/avr/peix/adm/synm etg.) OATS (simple arbitrage hope/expectancy - noticed today - havent researched at all - just gambling here on a safety bet - ironic..) HERO (offshore drilling m&a gonna hold the sector up) GTW (beaten down big lately, more to fall? but maybe 1-1.2-1.7ish-2 psychological hold, future b.o. target? christmas coming, alterations to sales models and/or pricing? has got some name recognition cant anyone make it work? management should sell out if given the chance) PDS ( another driller, great longterm hold, very nice dividend, beaten down by rig glut but oil ppb stays high for years to come (over 50)) ADM (another ethanol play but with old-money co, more diversified, off its highs a bit, able to handle the corn inflation better, bankroll to work with to adapt, long term slow growth) GFI (just adding for some more gold sector defense/growth - dont see inflation as a problem - think bernankes watching it good, but apparently the world buys gold when markets are volatile so i guess ill play the crowd a bit on this one if i can) VMED (another arbitrage play - down near was before deal was announced, declining earnings, credit crucnh risk fall through, but would branson sell for a lot less? maybe maybe not, but he could wait, full disclosure i use virgin mobile prepaid - cheapest/easiest/and most simple to buy/use/activate/change/etc of the prepaids!) PSO (Pearson, british co, stabilized price trend, slow growth, full disclosure i work for this company ;/ , educationally diversified - publishing, testing etc, just 'owning' for fun here cause i work for them (as a contingent/PT), RNO (another small arbitrage play, around 5.25 supposed to close around 5.50, small cap so should go through but long way to fall if fails)... Would like to get some MEOH, ISV, MU, CHCI , NSTK, defense contractors in the future, bye...

Comments: View Comments |  Monday August 13, 2007