WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
CHECK OUR TRADES ON OUR MeWe PAGE!


RINO getting back into the news


RINO lifted and added more than 6% gain on rising volume. Tomorrow, it would be a great opportunity to buy an initial position or add to your existing positions, if this trend continues in the morning.

Today’s news:

“Rodman & Renshaw got even more bullish on RINO today, boosting the stock’s price target to $40 from $33. The analyst cited a strong third-quarter performance, diversified revenue streams, and an improved balance sheet following the company’s recent $100 million capital infusion. The analyst said RINO is trading at about 11.9 times the analysts 2010 earnings compared to an industry average of 17.8x.”
Read more

If you are an aggressive investor, you may buy today or wait for tomorrow to confirm this trend.




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee December 21, 2009
No Comments



 




RINO in weak downtrend


RINO is still in a weak downtrend, signaling deeper downturn move on Monday opening. The only positive sign is very weak volume so far. Maybe short sellers are opening their positions and there is not too many of them. Will RINO survive this and continue on its uptrend? Who knows. It is attacking its support on 50 DMA right now.

If you are considering buying, wait until RINO shows its direction, if you hold, be ready to sell if it fails. A potential stop loss is at $23.70

This is my opinion only and I hold shares of this stock ready selling the entire position if it fails at or below the stop loss.




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Picks 12/14 – 12/18


New [tag]stock picks[/tag] this week:

Rackspace Hosting, Inc (RAX)

Existing & new [tag]holdings[/tag]:

Symbol Qty Last Gain($) Gain(%)
[tag]ASIA[/tag] 25 30.06 57.75 11.93
[tag]CTL[/tag] 9 35.09 -9.00 -2.77
[tag]MED[/tag] 19 31.82 106.52 21.39
[tag]RAX[/tag] 37 22.55 6.66 0.80
[tag]RINO[/tag] 7 27.54 1.39 0.73
[tag]V[/tag] 20 88.97 279.12 18.60

Contribution this week: $0

Current [tag]capital exposure[/tag]: -5.63%     Learn more

New positions available to open: 0     Learn more

Starting [tag]account value[/tag] = $2,239.46

Account value = $2,363.38 (without margin)

Buying power = $3,399.53

[tag]Portfolio Gain/loss[/tag] this week = 5.53%

[tag]Portfolio[/tag] Gain/Loss for DECEMBER 2009 = 10.61%

Portfolio Gain/loss for 2009 = -9.44%

[tag]Annual Return[/tag] (CAGR): -16.72%
 
 

aboutthisboy.com


 
 


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

Stay updated with Hello Suckers Hello Suckers Feed




TastyWorks

We all want to hear your opinion on the article above:
No Comments



RAX added to portfolio


Today, at the market open I bought Rackspace Hosting, Inc (RAX):

12/18/2009    09:30:09    Bought  37  RAX  @  22.37




TastyWorks

We all want to hear your opinion on the article above:
No Comments



RAX on the move


Another excellent stock of a company making money, which also looks a bit resistant to market’s roller-coaster moves and volatility. This stock appeared on my screen list a few days ago (when it broke from its flat base on December 04, 2009) and it is still on the list. Today, when the creepy market overreacted on – in my opinion – not so important news this stock moved to new 52 week highs. I decided to buy my initial position of this stock.

Tomorrow I will buy 37 shares of Rackspace Hosting, Inc (RAX) on the market open.




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee December 16, 2009
No Comments



 




MED reached next threshold


Today, Medifast reached my next threshold for adding next position to the existing ones. I added MED:

12/16/2009    09:57:22    Bought  5  MED  @  33.1675




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee December 03, 2009
No Comments



 




Stock screening: ASIA,RSG,RAX,PRGO


I ran my screening and the following stocks fit my criteria for buy: ASIA, RSG, RAX, PRGO

When further researching the selected stocks, ASIA provided the best results and I decided to buy an initial position of this stock at tomorrow’s market open. Per my loss control calculation I can invest $690 and buy 25 shares of this stock.




TastyWorks

We all want to hear your opinion on the article above:
No Comments





This site has been fine-tuned by 14 WordPress Tweaks