Today was the best day in my trading history, markets were flat but my portfolio went up as much in a day that I do not see in most months!
UVE , CRNT , CHNR (only part of the move), GMKT (one of my holdings from pre-correction), VMW .....all made big moves!
I took a technical trade in CHNR, so sold it quite early but still did very good :)
I do not know what is going on with UVE , I had mentioned it few days back, that this one has potential, did not realise the move would be so fast!
Also yesterday, I got into one of my technical candidates that I post in my technical blog. The chart looked very promising. It is XOMA, that too made a big move today.
Ok, remind me something. I have to add "Secondary Offering Dip Buy" as one of my buying strategies, used that today to add to my position in CRNT. Whenever a company announces a secondary offering, its stock price dips, but if it is a momentum stock, it does not take even a few hours to recover from the negative news. Recent examples would be JASO and SIGM, and also saw the strategy in this article
Cheers!
Lazy
Showing posts with label CRNT UVE GMKT CHNR VMW XOMA JASO SIGM Secondary Offering Dip Buying. Show all posts
Showing posts with label CRNT UVE GMKT CHNR VMW XOMA JASO SIGM Secondary Offering Dip Buying. Show all posts
Tuesday, October 2, 2007
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