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.

Monday, May 11, 2009

Stock Picks and Trade Ideas for Monday

New Buy Ideas: AIPC (if you aren't already long, this is a good time to buy some for the next leg up), SPPI (rebuy on a dip)


Add To: AIPC (earnings play. I have been long AIPC since Dec. 08 at around 21 a share. I've decided to add more to my position as I believe earnings will exceed expectations)


Sold: MELA (sold half my position for a +111.25% gain. Will hold the rest and may add to the position once the stock bases)



Watching:

1 Comments:

At 9:47 AM , Blogger Nick M. said...

So far, AIPC is not behaving how I expected. I may close out the position if the stock does not perform well by the close.

 

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