Trade Log – 10/9/2014 – $GTAT

Ticker: $GTAT

Entry: $1.26

Position Size: 1000

Stop: $1.21

Target: $1.50’s-$1.60’s

Thesis:

Kind of hard to pick a goal number on this, bought it into strength into the close and rumors $AAPL may try and save them, or buy their assets etc. Its more or less a gamble, but I think its a low risk gamble, with potentially huge upside.

Yahoo Finance Link

Chart:

GTAT

My slide deck from this year’s Pennystocking Conference.

While my slides are kind of worthless without the discussion around them I did have a few people ask me to post them.

I had a great time presenting but since I ran short on time I really never got very far into the slides, I did have a blast with the Q and A, and hope I got to everyone afterwards and answered your questions. If not feel free to use the contact form on my site.

Thanks

Google Doc’s Version of Slide Deck

Downloadable PDF of Slide Deck

Watchlist 9-29-2014 – $CNET, $GTIM, $JRJC, $NXTD, $SOPW, $VIMC

Today’s Plan:

Late start today, annoying, didnt get my full morning routine in so feeling a little out of sorts. Everything but $GTIM are short watches, but none of them are great setups. I’ll be watching all for late day fades and be tracking $GTIM for a long if it opens weak and then trends back. FYI on $JRJC, earnings are tonight, so good idea not to hold either way overnight.

Today’s List: Full list from Yahoo Finance

Quote from Yahoo Finance – CNET

Quote from Yahoo Finance – GTIM

Quote from Yahoo Finance – JRJC

Quote from Yahoo Finance – NXTD

Quote from Yahoo Finance – SOPW

Quote from Yahoo Finance – VIMC

What I Learned From Being a Broke, Unemployed Graduate | Entrepreneur.com

Various clips from a very good article

 

I’m not saying this to brag. I’m explaining this because when someone wants something, virtually nothing can stand in his or her way. Lucky for me, the only thing standing in the way of me and a better situation was money for books.

One of the challenges of coming from a small hometown is that a person may not have a business mentor to learn from. He or she might not think it’s possible to have success as an entrepreneur. In a way, that notion might be quite foreign. After all, only people from big cosmopolitan cities achieve entrepreneurial success. Right?

Well, Stephen lived in my hometown. And he did it. So why couldn’t I? Much more than providing guidance and advice, he proved to me that achieving the goals of my dreams was not only possible but also that it was closer than I thought.

But perhaps the most important lesson of my journey going from broke to New York is that things are temporary. The current situation, no matter how bleak or bland, is not going to last forever. Even at my lowest moments, I still had good health and good sense. As the Roman writer Publilius Syrus put it, “Good health and good sense are two of life’s greatest blessings.”

People often have much of what they need to succeed within them: ambition and the will to learn. This will to learn can prompt them to reach out to mentors and networks. They just have to trust the process. After all, it’s often the most difficult or trying times that set the stage for the best opportunities.

 

via What I Learned From Being a Broke, Unemployed Graduate | Entrepreneur.com.

Watchlist 9-25-2014 – $CNET, $CREG, $LPCN, $NXTD, $RITT, $VIMC

Today’s Plan:

Nothing really strong on the list today, I do like all these stocks as shorts, just the price is not great on most of them. Several the moves are already started or over. So I will be watching and hoping for some spiking to short into. I will avoid trading any of them unless I get a good pop. Today will be a day to be picky I believe.

Today’s List: Full list from Yahoo Finance

Quote from Yahoo Finance – CNET

CNET

Quote from Yahoo Finance – CREG

CREG

Quote from Yahoo Finance – LPCN

LPCN

Quote from Yahoo Finance – NXTD

NXTD

Quote from Yahoo Finance – RITT

RITT

Quote from Yahoo Finance – VIMC

VIMC

Trade Log – 9/24/2014 – Shorted $BBRY @stockrealist this is for you!

Ticker: $BBRY

Entry: $10.82

Position Size: 1000

Stop: $10.86

Target: Low $10’s

Thesis:

Boredom trade… But several reasons.
1. Blackberry is doomed longterm.
2. That new phone is stupid and looks like a calculator.
3. Major hit piece out from UBS.
4. The fact that they try calling that dumb new phone an “Iphone killer”. I’m no Iphone fanboy, but come on if you were going to “kill” the iphone, I think you need to do a lot better than that thing.

Risk to reward wise its pretty good I think, worst case it goes sideways, best case that UBS report sinks it.

Yahoo Finance Link

Chart:

BBRY

Watchlist 9-18-2014 – $AVNR, $VIMC

Plan:

Several other good plays out there, but I’m only going to be around till about noon. Since my renewed focus is to quit being a degenerate scalper, I will be spending all morning laser focused on $AVNR, looks like I could get a decent drop. But I will really try and not just take 10-20 fricking cents a share.

$VIMC, looks to be a little boring, but I’ll hold it as long as it goes sideways or obviously if it fades. Any pop I’ll be out. I have a lot to do tomorrow as well so would be nice to be in cash overnight.

$AVNR Insider Sells – I’m short.

Meh, I don’t get to excited about these filings, but when you are short into a huge spike it can be pretty encouraging when the COO and the VP of finance are selling to a pop. Sure its hard to blame them, but at the same time if they believed in the long term prospects why sell the first time it has pushed up in a looong time.

Notice the sells are all on the 15th, so they sold as soon as the could. No waiting for them!

AVNR-1

AVNR-2

AVNR-Sept-15

Trade recap – 9/17/2014 – $AVNR, $VIMC Big Inspiration from @investorslive and @lx21 video!

Well after watching LX21’s Investors Underground interview (which is a MUST SEE BTW). I decided to reboot a little to my older more systematic method of trading. I’ve been bitching all summer about small profits and scalping. At this point I think I was being a pussy and blaming the market when I should have been pointing the finger back at myself. In trading there is only one person that creates problems or creates profits, yourself. That being said Gregg’s video really reminded me that one of the best ways to be a profitable short seller is with a more detailed and system like approach.

I’ve gotten tired of chasing moves and trading morning momentum. I’m both better at and enjoy more, waiting for the hype to fade and shorting for bigger moves. Sure its predicatable that you can get a quick scalp off when stocks go parabolic, but its filled with anxiety and just feels more like gambling.

I’d rather analyze, pick my spots and stick to rules and a plan.

Thanks Nate, Cam and Gregg for a great and inspiring video.

I decided to hold both $AVNR and $VIMC short overnight, $AVNR did hit my stop quickly but I held through it, but had a plan. I told myself if it stays strong after the fed news at 2PM I’d exit. I had enough degenerate forsite to see an anomolous spike around the fed meeting.

$AVNR Notes: http://blog.tbohen.com/?p=3363

$VIMC Notes: http://blog.tbohen.com/?p=3368