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Re: 2nd ever closed out trade up $4492. Two from two!!!
nice, how did you find that stock?
nice, how did you find that stock?
Closed out my 1st trade today for a profit!!!
- Thread starter mattryanshares
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Re: 2nd ever closed out trade up $4492. Two from two!!!
Just reading the latest threads relating to stocks on this site. Then watching for a month or so then getting involved!
Bought
48565162 21/01/11 B PEN 20,000 $0.110 $19.95 $2,219.95 27/01/11
48649573 27/01/11 B PEN 60,000 $0.105 $19.95 $6,319.95 01/02/11
48700188 31/01/11 B PEN 60,000 $0.098 $19.95 $5,899.95 03/02/11
Sold
48985009 15/02/11 S PEN 140,000 $0.135 $29.95 $18,870.05 18/02/11
Just reading the latest threads relating to stocks on this site. Then watching for a month or so then getting involved!
Bought
48565162 21/01/11 B PEN 20,000 $0.110 $19.95 $2,219.95 27/01/11
48649573 27/01/11 B PEN 60,000 $0.105 $19.95 $6,319.95 01/02/11
48700188 31/01/11 B PEN 60,000 $0.098 $19.95 $5,899.95 03/02/11
Sold
48985009 15/02/11 S PEN 140,000 $0.135 $29.95 $18,870.05 18/02/11
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Re: 2nd ever closed out trade up $4492. Two from two!!!
I actually did it to aquire more Pen. I bought 180000 Penoa for the price of the sale of the Pen. Effectively increasing my holdings by another 40000 for the cost of $50 or so.
igot 90k or so in capital losses to loose up from when a broker was getting paid to loose my money!! So ill pay no tax.
I actually did it to aquire more Pen. I bought 180000 Penoa for the price of the sale of the Pen. Effectively increasing my holdings by another 40000 for the cost of $50 or so.
igot 90k or so in capital losses to loose up from when a broker was getting paid to loose my money!! So ill pay no tax.
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Re: 2nd ever closed out trade up $4492. Two from two!!!
Threads like this make me think a bull market top is coming.
Threads like this make me think a bull market top is coming.
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Re: 2nd ever closed out trade up $4492. Two from two!!!
Well done!!
I have been holding PEN for a while as well. I still think its a good company to hold.
I have been watching your timeline closely. It seems you got scared on the 15/2, and closed out early. Had you closed it on the previous day (closes .145) or waited for the next day (.150)
Well done!!
I have been holding PEN for a while as well. I still think its a good company to hold.
I have been watching your timeline closely. It seems you got scared on the 15/2, and closed out early. Had you closed it on the previous day (closes .145) or waited for the next day (.150)
Re: 2nd ever closed out trade up $4492. Two from two!!!
So you think a "Elder comment" would be appropiate? lol
So you think a "Elder comment" would be appropiate? lol
Re: 2nd ever closed out trade up $4492. Two from two!!!
Nice work Matty! Even though 'Youngone' has a valid point to make in respect of your 'early exit', they do so on the basis of hindsight. It could have equally gone the other way and you would have been kicking yourself had you not sold.
My only suggestion would have been to perhaps have just sold 80,000 on 15/2 and take a 'punt' on the balance going up further.
Anyway, Not a bad profit for a few days work
I like PEN too Matty
49059072 18/02/11 S PEN 100,000 $0.150 $29.95 $14,970.05
49057249 18/02/11 B HOG 21,900 $0.439 $19.95 $9,634.95
48934016 11/02/11 B PEN 50,000 $0.130 $19.95 $6,519.95
48804007 04/02/11 B PEN 50,000 $0.115 $19.95 $5,769.95
48716842 31/01/11 B PEN 50,000 $0.100 $19.95 $5,019.95
48704561 31/01/11 B PEN 50,000 $0.098 $19.95 $4,919.95
48693766 31/01/11 B PEN 100,000 $0.100 $19.95 $10,019.95
48650003 27/01/11 B PEN 100,000 $0.105 $29.95 $10,529.95
48640722 27/01/11 B PEN 100,000 $0.110 $29.95 $11,029.95
Nice work Matty! Even though 'Youngone' has a valid point to make in respect of your 'early exit', they do so on the basis of hindsight. It could have equally gone the other way and you would have been kicking yourself had you not sold.
My only suggestion would have been to perhaps have just sold 80,000 on 15/2 and take a 'punt' on the balance going up further.
Anyway, Not a bad profit for a few days work
I like PEN too Matty
49059072 18/02/11 S PEN 100,000 $0.150 $29.95 $14,970.05
49057249 18/02/11 B HOG 21,900 $0.439 $19.95 $9,634.95
48934016 11/02/11 B PEN 50,000 $0.130 $19.95 $6,519.95
48804007 04/02/11 B PEN 50,000 $0.115 $19.95 $5,769.95
48716842 31/01/11 B PEN 50,000 $0.100 $19.95 $5,019.95
48704561 31/01/11 B PEN 50,000 $0.098 $19.95 $4,919.95
48693766 31/01/11 B PEN 100,000 $0.100 $19.95 $10,019.95
48650003 27/01/11 B PEN 100,000 $0.105 $29.95 $10,529.95
48640722 27/01/11 B PEN 100,000 $0.110 $29.95 $11,029.95
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Re: 2nd ever closed out trade up $4492. Two from two!!!
The date of this post is circled red in the XAO chart below.
Hmmmmmmmm.
The date of this post is circled red in the XAO chart below.
Hmmmmmmmm.
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Good going on the profits.
May I ask what prompted you to purchase those particular stocks, what gave you the impression that an up movement was about to occur and also what your target was?
May I ask what prompted you to purchase those particular stocks, what gave you the impression that an up movement was about to occur and also what your target was?
nulla nulla
Positive Expectancy
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Re: 2nd ever closed out trade up $4492. Two from two!!!
Just wondering if you still like and hold PEN?
Is the list above, you accumulating or were you buying and selling in the run-up?
Nice work Matty! Even though 'Youngone' has a valid point to make in respect of your 'early exit', they do so on the basis of hindsight. It could have equally gone the other way and you would have been kicking yourself had you not sold.
My only suggestion would have been to perhaps have just sold 80,000 on 15/2 and take a 'punt' on the balance going up further.
Anyway, Not a bad profit for a few days work
I like PEN too Matty
49059072 18/02/11 S PEN 100,000 $0.150 $29.95 $14,970.05
49057249 18/02/11 B HOG 21,900 $0.439 $19.95 $9,634.95
48934016 11/02/11 B PEN 50,000 $0.130 $19.95 $6,519.95
48804007 04/02/11 B PEN 50,000 $0.115 $19.95 $5,769.95
48716842 31/01/11 B PEN 50,000 $0.100 $19.95 $5,019.95
48704561 31/01/11 B PEN 50,000 $0.098 $19.95 $4,919.95
48693766 31/01/11 B PEN 100,000 $0.100 $19.95 $10,019.95
48650003 27/01/11 B PEN 100,000 $0.105 $29.95 $10,529.95
48640722 27/01/11 B PEN 100,000 $0.110 $29.95 $11,029.95
Just wondering if you still like and hold PEN?
Is the list above, you accumulating or were you buying and selling in the run-up?
Re: 2nd ever closed out trade up $4492. Two from two!!!
Reading through this thread was interesting, from excited start to abrupt finish.
I'm curious to find out what happened, was he saved by his appropriate trading plan? Or did the idea of never ending 50% gains throw all that out the window?
Looking back at that chart at the time frames in this thread, it looks almost impossible not to have winning trades, so I'm guessing if one were successful in the sharp rise, they would probably be equally unsuccessful in the sharp fall that followed.
Reading through this thread was interesting, from excited start to abrupt finish.
I'm curious to find out what happened, was he saved by his appropriate trading plan? Or did the idea of never ending 50% gains throw all that out the window?
Looking back at that chart at the time frames in this thread, it looks almost impossible not to have winning trades, so I'm guessing if one were successful in the sharp rise, they would probably be equally unsuccessful in the sharp fall that followed.