Let me start off by saying, I was wrong about the Fed, I can't believe they came to their senses and cut rates. I hope they cut again next thursday by another 75 basis points.
Anyway, here is an update on the 5,000 dollar portfolio and some moves.
1. WCI - Jumped even higher. Closed at 3.78. 622.25 shares = 2352.105
2. ABK - Fed cut and gov interest has made it sky rocket. At 13.94 and 195.7 shares = 2728.058
3. OCNW - Has risen a tad. At 4.12. 331.125 shares = 1364.235
4. ICE - Keep slow rise upwards. At 143.37 and 7.7 shares = 1103.949
Stocks: 7548.347
Options:
1. WCI continues to make money. The 50 contacts we have which were at 10 cents per share(5000 shares) are now at 1.45 per share(5000 shares) = 7250
2. EJ continues to slide: 12 contacts(1200 shares) at 40 cents/per share that are now down to 20 cents(50% drop). Leaves us with 240 dollars.
Stocks:7548.347 or 88.71% up
Options:7490 664.285%
Cash:8
Total: 15,046.347 or 200.926%
Transactions:
Sell: ABK for 2728.058 dollars.
Sell: ICE for 1103.95 dollars.
Sell: OCNW for 1364.235 dollars
Money from selling: 5196.243 dollars
Buy: SIRI for 2540 dollars at 2.68 a share that is 947.76 shares
Buy: SCSC at 25.23 for 2540 dollars which means 100.67 shares.
4 more trades, almost to our limit of 10 free trades a month(have 2 left, but will get 10 more come Feb 1st).
Keeping WCI Option because I think the stock continues to climb, EJ is not chasing losses, the stock will come back to the Mid 20's.
Money now left over has gone from 8 to 124.243 dollars in reserve
Would buy RMG but it is not offered through Zecco and therefore I will not buy.
The Bull
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9 comments:
is your real portfolio up this much?
he dont ahve any real money
must suck to be mnaking all these calls and no money to show
if you have a real portfolio why not update that with us too
Ice is going down to 115 moron. you know nothing. Look athte p/e 785697
Nice calls again, I might have to start listening
Could you give reasons for SIRI, I see SCSC already jumped nice call
I would love to see how you do with your real money portfolio
All of you haters out there should know that the bull does infact have a REAL money portfolio and is kicking this portfolios ass... he is doing this for us little guys, not for himself. So quit your bitching and lets all just make some money alright.
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