Penny Shack » Trading log http://pennyshack.com My thoughts on penny stocks.... Thu, 16 Sep 2010 20:17:26 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 CIEN pushing to new highs http://pennyshack.com/2010/09/08/cien-pushing-to-new-hights/ http://pennyshack.com/2010/09/08/cien-pushing-to-new-hights/#comments Wed, 08 Sep 2010 17:15:31 +0000 mynameisgabe http://pennyshack.com/?p=236 [...]]]> For those of you watching the twitter feed, you know that I bought CIEN when it pulled back and held support at around 12.  I bought  2537 shares at around 12.35 and 10 Sept 10 14 calls.  The stock spiked on better than expected earnings today and I sold the calls for a descent profit.  I also bought 20 Oct 10 15 calls a few days ago which are showing a nice profit after the bump in price.  I’m new to options trading, so I don’t know if holding them is the right thing to do, but that’s what I’m doing.  I expect a pull back in CIEN today and hopefully it will consolidate and push even higher!

Disclosure: I am still long 2537 shares of CIEN and long 20 Oct 10 15 calls.  > $5200 profit today!

]]> http://pennyshack.com/2010/09/08/cien-pushing-to-new-hights/feed/ 0 Stocks Long Positions http://pennyshack.com/2010/06/22/stocks-long-positions/ http://pennyshack.com/2010/06/22/stocks-long-positions/#comments Tue, 22 Jun 2010 17:23:48 +0000 mynameisgabe http://pennyshack.com/?p=232 ticker symbol / buy point

AAPL / 274.81

CTRP / 43.17

CTSH / 54.15

DECK / 163.31

EDU / 102.07

ULTA / 26.19

VMW / 72.16

]]> http://pennyshack.com/2010/06/22/stocks-long-positions/feed/ 0 Do exactly the opposite of what I do…. http://pennyshack.com/2010/06/22/do-exactly-the-opposite-of-what-i-do/ http://pennyshack.com/2010/06/22/do-exactly-the-opposite-of-what-i-do/#comments Tue, 22 Jun 2010 16:56:42 +0000 mynameisgabe http://pennyshack.com/2010/06/22/do-exactly-the-opposite-of-what-i-do/ When I buy, the stock goes down. When I sell, the stock goes up.

]]> http://pennyshack.com/2010/06/22/do-exactly-the-opposite-of-what-i-do/feed/ 0 SOLD -500 FIG @3.891 http://pennyshack.com/2010/05/25/sold-500-fig-3-891/ http://pennyshack.com/2010/05/25/sold-500-fig-3-891/#comments Tue, 25 May 2010 14:18:04 +0000 mynameisgabe http://pennyshack.com/2010/05/25/sold-500-fig-3-891/ Hit the stop loss

]]> http://pennyshack.com/2010/05/25/sold-500-fig-3-891/feed/ 1 BOT +500 FIG @4.02 http://pennyshack.com/2010/05/21/bot-500-fig-4-02/ http://pennyshack.com/2010/05/21/bot-500-fig-4-02/#comments Fri, 21 May 2010 19:45:40 +0000 mynameisgabe http://pennyshack.com/?p=227 While the market is in this correction, I’m going to swing trade penny stocks.

stop loss: 3.80

profit stop: 4.5

]]> http://pennyshack.com/2010/05/21/bot-500-fig-4-02/feed/ 0 SOLD -12 NFLX @102.06 http://pennyshack.com/2010/05/14/sold-12-nflx-102-06/ http://pennyshack.com/2010/05/14/sold-12-nflx-102-06/#comments Fri, 14 May 2010 19:16:46 +0000 mynameisgabe http://pennyshack.com/?p=223 yikes.  no bueno.

]]> http://pennyshack.com/2010/05/14/sold-12-nflx-102-06/feed/ 0 SOLD -39 MED @34.70 http://pennyshack.com/2010/05/14/sold-39-med-34-70/ http://pennyshack.com/2010/05/14/sold-39-med-34-70/#comments Fri, 14 May 2010 15:29:31 +0000 mynameisgabe http://pennyshack.com/?p=224 Got back in too early….

]]> http://pennyshack.com/2010/05/14/sold-39-med-34-70/feed/ 0 BOT +12 NFLX @117.03 http://pennyshack.com/2010/05/13/bot-12-nflx-117-03/ http://pennyshack.com/2010/05/13/bot-12-nflx-117-03/#comments Thu, 13 May 2010 14:44:26 +0000 mynameisgabe http://pennyshack.com/?p=220 We’ll see what happens…

stop loss: 107.67

stop profit: 140.44

]]> http://pennyshack.com/2010/05/13/bot-12-nflx-117-03/feed/ 0 BOT +39 MED @37.65 http://pennyshack.com/2010/05/13/bot-39-med-37-65/ http://pennyshack.com/2010/05/13/bot-39-med-37-65/#comments Thu, 13 May 2010 14:34:17 +0000 mynameisgabe http://pennyshack.com/?p=218 The market seems to be turning around this week so I’m taking a risk and buying Medifast (MED) as it broke out this morning from an enormous cup.

stop loss alert: 34.64

stop profit alert: 45.18.

]]> http://pennyshack.com/2010/05/13/bot-39-med-37-65/feed/ 0 SOLD -23 IDSA @19.56 http://pennyshack.com/2010/05/06/sold-23-idsa-19-56/ http://pennyshack.com/2010/05/06/sold-23-idsa-19-56/#comments Thu, 06 May 2010 19:02:41 +0000 mynameisgabe http://pennyshack.com/?p=214 hit the stop loss

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