New Buys and Stocks That I am Watching Tuesday
New Buys: DNDN (in at 21.82)
posted by Nick M. @ 1:19 PM
Tuesday, May 05, 2009
About Me
- Name: Nick M.
- Location: United States
Hello and welcome to my blog. My name is Nick and I am a recent graduate of a top research university. I currently hold a BA degree in Psychology. My main interests are industrial/organizational psychology, HR management and of course, securities and the financial markets. I became interested in trading and investing in stocks a few years ago by pure chance and curiosity. After learning some of the basics in 2003, I began to trade in full force in 2004. Although I've been trading for only a few years, I have learned much about stocks, and analyzing charts in this relatively short time span. My experience and chart reading skills are my edge in successfully navigating the stock market. My strategy and discipline is a blend of trader and stock picker. My style of trading has helped me find some of the current markets top winners in their infancy. In addition to my own personal trading and investing, I also manage assets and portfolios for close friends and family. My goals are to continue to improve and refine my trading/investing strategies in order to further enhance my performance in the market. Eventually, I would like to establish my own investment/asset management firm.
Previous Posts
- Breakouts, Shakeouts, Oh my...
- New Buys and Stocks That I am Watching for Tuesday
- Stocks and Trends to Keep an Eye on
- Stock Picks and Trade Ideas for Wednesday
- New Buys and Stocks That I am Watching
- Sectors and Industries To Watch
- Stock Picks and Trade Ideas for Monday
- Back at the Desk...
- Going on Vacation...
- Stock Picks and Trade Ideas for Thursday
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6 Comments:
What's your take on STSI? I'm about to dump it for a small loss.
-Chad.
Im still holding (in at 4.22 i believe). I should've sold but I didn't. For now, it has support at the 50 day Ma. It sure is taking a while to finish basing, but then again, thats the problem with highly speculative stocks that are purely news driven.
Here is a stock that got away: CTIC
I have been watching it since the end of March and never pulled the trigger. I started watching it again a few days ago and again, I hesitated. Now the stock has gone up over 100% in the last 2 days. A wasted opportunity. Arrgghh!
I saw it balancing on the 50 day MA but it is on lower volume, giving up the day's highs, and feels like a stop on the way down. I'll make a decision in an hour on that one. I'm in at 5.19 after selling it for a profit a month ago. ...the other positions are doing so well though that I might just be patient with my substitute tobaco company ;)
MELA is up 80% from entry. Delightful pick there compliments of Nick.
Yeah, MELA is a good stock. I initially bought it to early and sold my position for a loss. I then picked it up at 4 a few months ago. So far so good with it. I can see it hitting at least 8.5 in the immediate future.
SPPI is moving quite nicely today as well. Already up 13%
Now OMGI is off to the races...
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