New [tag]stock picks[/tag] this week: [tag]Medifast, Inc.[/tag] (MED) Existing & new [tag]holdings[/tag]:
Medifast bought back
Medifast (MED) beats expectations on earnings. The consensus estimate was 19 c per share, MED reported 23 c per share. So I bought MED back at the market opening: 10/29/2009 09:30:29 Bought 8 MED @ 20.79
FUQI sold on stop loss
FUQI was stopped out today, which I expected anyway. The stock doesn’t act as I wanted so I was going to sell it anyway: 10/27/2009 15:11:42 Sold 3 FUQI @ 21.8906
MED sold on stop loss @ 19.80
Today in the morning MED was sold: 10/27/2009 10:11:28 Sold 6 MED @ 19.80
Pump & Dump
ORS held its level for couple days since its huge move on 10/14/2009. Today, almost at the end of the day it went down like a rock on heavy volume. I am expecting being stopped out tomorrow with a loss.
JADE added
Today morning I opened new positions of JADE: 10/19/2009 09:30:12 Bought 34 JADE @ 3.48
Picks 10/12 – 10/16
New stock picks this week: Orsus Xelent Technolgies Inc. (ORS) Existing & new holdings:
DFS sold
I didn’t like how DFS performed and decided to get rid of this stock. I sold it today: 10/16/2009 14:31:26 Sold 6 DFS @ 15.0906
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