The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Sunday, June 22, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: None



New Short Sale Candidates: KNOL




Add To: AUTH (short)

6 Comments:

At 9:20 PM , Blogger Yre said...

AUTH is sweet and timely.
Will jump onboard KNOL tomorrow. Will see.

 
At 12:50 AM , Blogger Nick M. said...

Thanks Yre,

I try to post them as soon as I see the trend developing. I like both as well. I have to stress that both of these are small short positions. I don't expect to make much out of them. I'll be happy to make a small gain though. Sometimes I play these nice short setups just for the fun (perhaps, the practice aspect) of it. I would much rather appreciate a strong long setup (right now) to pile more money into the trade and make a bigger gain. For now though, I am leaning more towards the cautious side, even with the oil stocks.

 
At 7:44 AM , Blogger Yre said...

May it is good keep an eye on highflying oil stocks. PDO type..

Do you see any other stocks similar to PDO.. When oil comes down these guys will slide like slick.

here is my blog.. not financial though just some ramblings abt nothing.

http:\\sayamvelapacharlu.blogspot.com

 
At 2:01 PM , Blogger Nick M. said...

Nice blog, Yre!

If you don't mind, I'd like to add it to my blogroll. I find it interesting to read your ideas, thoughts and opinios. You should work on it on a more daily basis.

PDO is certainly a monster. I am truly kicking myself for selling so soon. I bought it right near the begining of its trend and sold too damn quickly. I should've picked up MXC as well. Oh well, you live and you learn. I will be far more ready next time around. As far as PDO like stocks, check out MXC, FPP and ROYL. Don't short just yet. The stocks are not ready to collapse just yet. I would just keep an eye on them and strike when the opportunity is right.

 
At 9:05 AM , Blogger Yre said...

No I do not mind... Add to the roll no problemo.

 
At 9:09 PM , Blogger Nick M. said...

The link is up and running, Yre. I can see that you haven't posted in a while. Any chances of another post in the near future?

 

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