Yclept Trades

[yclept]

Bought GNK @ 8.2699

Bought QID @ 53.12

[yclept]

I give up. Capitulation, pure and simple:
Sold QID @ 50.5238
sold ZSL @ 16.1901
sold EUO @ 16.9701

Bought YONG @ 5.4899; and it's down so far; that's what happens when there might be a personal god and it hates you.

[soycapital]

Hope yong helps you more than it did me! ;D

[yclept]

bought 1400 ZSTN @ 3.0299
bought 400 NANO @ 16.1699
bought 400 MDCO @ 16.0699 & 16.08
These last two buys complete my position sizing algorithm for owning stocks very close to $16 price share. For those who find this a logical buying parameter, please see my EBAY listing offering to sell the Golden Gate Bridge.
sold VSH @ 18.3501

Close today with 46.3% cash.

[yclept]

Sold YONG @ 5.7801
Sold MDCO @ 16.25
Bought CNET @ 3.45
Bought AIG @ 31.66
Sold GLW @ 20.51
Bought LGL @ 13.65

Close today with 48.66% cash

[yclept]

Bought GFRE @ 2.69; very risky, might go to zero, but this is a quick kill for me -- I won't be holding long enough for the smoke to clear from the current Seeking Alpha battle. There is a "research company", Glaucus Research, that is claiming on Seeking Alpha that the stock is a fraud. At the same time Glaucus admits to having a short position -- not what I would call a bona fide research firm. So I reckon the question is who is the liar and can I take a 10-15% scalp before the whole thing sorts itself out. Only 1500 shares, so the deed to the farm is definitely not pushed into the pot.

Sold GNK @ 8.4801; fell off the quick kill screen that picked it on 4/19; only caught 2.2%, but then it was only a week and a day.
Sold LGL @ 13.85; bought yesterday 13.65; fell off screen; what the heck, it's $66 after commissions I wouldn't have had otherwise. Enough to buy a couple of Arduino boards!

[yclept]

Sold GFRE @ 3.44 -- now that was a quick kill!
Put in a limit order to buy it back at 2.7 if it gets back down there -- it's a flea jumping around on a hot griddle.

55.5% cash right now, and I think I might be done for today -- I'm trying to sell a few positions at limit order prices that they should reach sometime soon. Can't find much of anything new I want to buy, and I don't really feel comfortable piling extra positions onto current holdings.

[yclept]

Sold NANO @ 16.78; this one fell off the screen last night and really fell out of bed this morning. Wish I had put in a sell order for the open, but when I tried last night Scott was updating database (or something) and wouldn't take orders. I didn't want to stay up any later. That cost me about $300 by the time I got around to it this morning.

Sold TSN @ 19.85; I've had this one a long time (for me), bought 11/24/10 for 16.3485. It's still on the screen that picked it, but has pretty much reached a multi-year resistance level. Seems to me to be a good time to take the money and run. It's almost May. Even if the Presidential 3rd year pattern negates the seasonal pattern this year, there will be plenty of chances to reposition the money once that becomes apparent. Otherwise it's readily available for picking up short ETFs.

This takes me to 64.6% cash.

[yclept]

Damn. Meant to pick up some TAN yesterday, but then got distracted/busy and forgot. Missed a good one there. Oh well, positions in SOL and HSOL are up and should have farther to run than the TAN would have. Still, there's nothing I find more gratifying than picking up a one-day quick kill, and TAN would have been a good one. A buy at close yesterday (or lower earlier in the day) would have picked up 5% on a sell at open this morning.
Oh well, such is life!

[Bluerobin]

Yclept, I find your trades interesting and educational.

[yclept]

Bought UPRO @ 88.00; okay dead-Bin-Laden rally, it'll be okay with me for you to take off any time.

[yclept]

sold TSTC @ 6.9401; bought 3/31 @ 6.67; taking advantage of bounce in this stock to get out -- been patient enough with this one.
Bought NVLS @ 31.3399
Bought CRUS @ 15.9999 and 15.9984

[rovo]

Thanks for letting me know of your exit from TSTC. I'm going to hold my small position in this stock for a little longer.

[yclept]

The fundamentals for TSTC haven't changed significantly since we bought it, and my screen is still pulling it. But when I saw it jump today, I figured it was a good chance to it. I'm basically heading out of this market. NVLS and CRUS bought above are two new tickers on the best screen I have -- I'll probably still dabble in those through the summer. Near as I can tell (without doing a detailed accounting of today's comings and goings), I'm about 60% cash. I expect to be more in cash by the end of this week. Then I'll be watching for the 5-15-50 moving averages to turn negative at which point I'll probably take on some leveraged ETF shorts. I think the economy is topped out. $5 gas is going to be the killer. That and the supply problems from Japan are going to get a lot worse before they get better.

sold UPRO 100 @ 87.06; 300 @ 87.0756; guess I was the only one who thought the market ought to rally on the death of Bin Laden. Oh well. I'm disappointed that they dumped him in the sea. I've have stuck his head on a pike on the White House lawn and thrown the rest in the smelliest Ozark outhouse I could find. Religions (especially monotheistic religions) are the root of all evil.

[yclept]

sold CSCO @ 17.4501 -- tired of waiting; bought 17.53 on 4/12
sold ZSTN @ 3.1601 -- fell off screen that picked it; bought 3.0299 on 4/22

bought MDCO @ 15.4804
bought WYY @ 1.02
bought ZSL @ 18.8299 -- once more into the breach me hearties; I hate precious metals, so thought I'd come back for more beating on this double short silver play.

NVLS, AIG and this ZSL are the only green things in my port today; everything else is a loser; on balance I'm down about a hundred bucks, but the profitable sale of ZSTN and the quick kill I'm getting on ZSL are the only reasons it's not more negative. This market sucks. I wish it would just hurry up and crash so I won't have feet pointed both ways. Right now I've got short positions, long positions, and mostly cash (~57%).

Bought UAM @ 9.38 -- quick kill screen -- I should be gone soon

[yclept]

Obama says no release of Bin Laden photos. I guess the photoshop guys couldn't put one together that was undetectable to good spoof photo analysts. Sounds to me like they didn't get him. No body, no proof. I think they should just come clean now and admit they didn't get him -- say they got a double, if they insist upon a lie to try to cover up the original lie. If it was really Bin Laden they tossed overboard, they better get some divers to work fast bringing it back up. Else-wise, all they've done is create another "grassy knoll" conspiracy mess. Next step for Al Qaeda is to release a video tape with some topical statements (like "I'm not dead"). Then the US will claim it's a double and the voice pattern isn't Bin Laden, and nobody will believe that US claim, so Bin Laden will live on whether dead or alive. If they shot him, prove it. If they didn't, admit it. Why is truth so hard for all those government bastards to handle? Their problem is that they all believe it is a government "over the people" instead of "of the people".
At least this time I sullied my thread with these ramblings.

[yclept]

Bought: TSL @ 26.1090
Bought: VALE @ 31.149
Bought: ZIXI @ 3.1099, 3.11, and 3.12

I don't really want to be moving money into the market, but these just broke onto the screen I've committed to owning completely when the moving averages I follow are positive (which they are right now, but look headed to a downcross). A strategy and associated tactics are of no use unless one is willing to exercise the discipline to follow them.

Sold CVVT @ 3.68 and 3.69; bought 3/1 @ 6.44; 3/25 @ 5.09; 4/4 @ 4.13
This one is a perfect example of not practicing what I preach. Bought 3 positions at the times and prices shown above. It hasn't been on the screen that picked it for a long time. I've had an unrealistically high GTC sell on it for quite awhile as if that was somehow going to solve the problem. When I've made the decision to buy on three different occasions, I'm likely to be pretty stubborn (read stupid) -- it's the worst kind of "hold", the "stock is too low, bound to come back, and I've lost too much on it" decision that is not really a decision, but rather a fear-based denial.
Funny, I seem to have gotten so enamored of selling that this capitulation feels really good. I don't feel a need to crawl off in a corner and lick my wound. Rather, it feels like I was trying to run with heavy ankle weights and now I've taken them off and thrown them away. After all, my portfolio is worth not a sou less with this stock sold than it was the moment before I sold it. All that's gone is hope that this stock was going to go back up in price -- the unlikelihood of which the market had taken pains (my pains) to point out to me was wrong. Objectively speaking it shouldn't matter how I "feel" about any stock transaction. In fact having feelings about investment decisions and outcomes is the very fault that causes me to do stupid things as represented by this transaction. I used to do it a lot; I don't do it often anymore.
To throw in another feeling, I still find the fundamentals (if true) very compelling for this stock -- it looks to me to be very undervalued. But the market tells me I'm wrong -- move on!

late in day edit:
Bought SUHJY @ 15.3

[yclept]

stopped out of ZSL @ 23.49; 24.7% in two days -- reckon I can get by on that! But for a real killing, take a look at Dan's two-day option play on SLV on his conservative options thread.

sold ZIXI @ 3.1801; ~2%, bought yesterday
sold NVLS @ 35.9601; 14.5%, bought 5/2
sold SUHJY @ 15.38; .25%, bought yesterday
sold VALE @ 31.461; .77%, bought yesterday

The above stocks dropped from the screen that picked them. Replacements would be JADE, NANO, AAUKY, CLF. I doubt I'll be buying any of them today, but still have evaluation to do on them before deciding for sure.

Bought AAUKY @ 24.9
Bought UUP @ 21.3899; it's not that I see anything really encouraging about the US economy or the dollar, I just see the rest of the world as equally bad, or worse. I think the dollar is oversold versus the basket of currencies.
Bought NANO @ 15.39 -- took a nap and this order filled.

Except for AIG, port was all green today.

52% cash -- damn market is dragging me back in.

[yclept]

sold TSL @ 27.03
bought LGL @ 13.1 (didn't get a full position filled before it ran up)
bought CLF @ 89.92
sold WYY @ 1.05
bought JADE @ 3.9999
sold CRUS @ 16.2916
bought NC @ 104

[yclept]

Bought HSOL @ 6.3599
Bought SOL @ 8.5997

Added second position to each of the above.

Bought COW @ 29.61

[yclept]

Sold UAM @ 9.87; not doing much, took the money and ran
Bought TSL @ 26.5; addition by screen
Bought TSN @ 17.8785

[yclept]

sold TSN @ 18.62 bought yesterday @ 17.8785
sold MDCO @ 16.7; bought 5/4 @ 15.4804
bought VALE @ 30.029
sold UUP @ 21.5801; bought 5/6 @ 21.39
bought MOO @ 52.789 -- I just couldn't make myself not do it! Having bought COW two days ago, I couldn't resist MOO. Only bought 100 shares as it's not as pounded down as COW, and thus riskier.

What the hell, if we can't have a little fun doing this stuff then -- no, I'm not going to say it. Investment management should be brutal hard work filled with worry and angst; blood should stream from our eyes, otherwise we will be evil leaches sucking assets from society that should be going to feed the idle rich like Raj Rajaratnam. And let him serve as a warning to all you youngsters. Never place your money with a hedge fund run by a guy who has the word "rat" embedded in his last name. Nor for that matter with anyone whose name is a compilation of negative words like "mad" and "off". No good will come of it.

Lee's biggest mistake:
Suspecting that Meade must have weakened his center to reinforce his flanks, Lee ordered Longstreet to supervise a massive assault on the Union center. At one o'clock, 120 Confederate cannons opened a tremendous barrage on the Union line; eighty Union guns replied. After an hour of this bombardment, 10,000-15,000 Confederate infantrymen advanced toward the Yankee line. However, the attack, popularly known as "Pickett's Charge," was bloodily repulsed.

Kind of makes all the rest of this stuff pretty meaningless. I'm done for today, going to go out and hack away at weeds.

[yclept]

bought LGL @ avg price of 10.5982; added to existing position bought at 13.1 on 5/9

bought AXL @ 11.59
bought CRUS @ 16.7499

sold AIG @ 30.8325; bought 4/26 @ 31.665; this one seems to be getting sicker rather than better. Fortunately I had only 130 sh, so I obviously didn't want a full position of it even when I bought it.

Portfolio is getting slammed today. Only gainers are MOO, LGL, and CRUS -- everything else is down, and a few are down as much as 3%. Enough of this foolishness for today, it's time to crawl off in a dark corner and lick my wounds. Cash position has fallen to 29% -- too bad, it was up to about 60% not long ago.

[yclept]

Sold JADE; 200@4.1501; 300@4.14; 1100@4.13; bought 5/9 @ 3.9999.

After Hours: bought EUO @ 17.72

[yclept]

Bought HES @ 74.82

[yclept]

Bought 3 new entries from the quick-kill screen. These should be of short duration:
LPHI @ 4.74
CSUN @ 2.96
CADC @ 1.98

bought YONG @ 4.45;hit a limit buy I've had in place for awhile. No time to check news -- my dad has an appointment for outpatient surgery today to which I'm driving him.

[Bluerobin]

yclept, where do you find these stocks? I am print media type of guy, so finding stuff on the net is a challenge.

[yclept]

"yclept, where do you find these stocks? I am print media type of guy, so finding stuff on the net is a challenge."

I use screens that I've written on Stockscreen123.com/ It costs $15/mo, but is easily worth it in my opinion. This is far and away the best screener I've ever seen -- significantly better than the old MSN Money screener which was the best free one on the web until those idiots shut it down.

Lots of spring cleaning today, both in ports and out in yard. Here are things I dumped from the port:
CADC @ 1.99, 1.98, 1.97, and 1.96
YONG @ 4.0301 -- ouch
NANO @ 15.7101
CRUS @ 16.0616
CNET @ 2.6101
HES @ 77.48 and 77.45
CLF @ 87.67
LGL @ 10.7701
EUO @ 17.4601
LPHI @ 4.5001
CSUN @ 2.91
MOO @ 53.8410
COW @ 28.8601

[yclept]

bought EWZ @ 72.0388

[yclept]

sold AXL @ 10.6211 -- 8-1/2% loss since bought on 5/13
I'm selling anything that drops from the screen that picked it, buying nothing replacing sold tickers on the screens, and generally headed towards more cash and some short positions.

Cash is roughly 54%. I would have a lot better off had I just sat on the cash position I had at the beginning of this month. At that point I was about 65% cash. Then I let my screens suck me back in -- oh well, such is life.

Funny, I have a ticker that's up about 1/2% today, NACCO Ind (NC) -- wonder what the hell is wrong with them. Everything else is down. On the other hand, if I was still holding all the stuff I got rid of last Thursday I'd have far more reason to be singing the blues. It's almost all down several percent from where I sold it (except EUO, of course -- should have held that one!).

Bought SDS @ 21.039