Trader's diary 12/7/13

Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Added a new position today, 100,000 shares of Kreuz. No change on previous positions.

Normally, I would not buy a stock where the M Index is just 143.43.. but if you look at the previous days, the trading volume was virtually non-existent, so even at 143.43 looks like a significant pick up in activity for this counter. I also like the fact that the BrH is trending up and should test the 52 week high soon. MFI looks healthy to support a run-up.

Total cash invested is now close to 30%.

Popular posts from this blog

Erinn Anne Bartlett Profile

4 Ways to Finance a New Franchise Business