Newcastle has spun off into NRZ and despite reservations about buying 2 more shares of DDD to make 4 there was a 3-for-2 split. The stock is stalling below my ideal sell point of 50.
I bought RBS, EGO and AMD on Jim Cramer's advice. Wish I had picked up TSLA at 21, but ah well. AMD is the laggard, while I may hold EGO for one more dollar per share. RBS slid for a bit before increasing decently. I may sell half the EGO as I am unsure about gold prices.
Buying FLST was the riskiest move I've made. I try to hold a stock for a decent amount of time, but my return was insane - 300% - so I sold and reinvested $250 of it into another less volatile oversold stock, SKH. I still have 500 shares of FLST just in case of a decent upside, but I'm leaving it be at 9 cents. If it never goes up again, that's fine. I've made my profit and will either let the stock hit zero or exit at a much smaller profit level this time.
If you follow anything in this post, please don't buy penny stocks. I was extraordinarily lucky.
FB was sold and rebought for current profits.
ORI has done well, bought from oversold at 10, near 15, and paying dividends as well. I will be holding this one and may add more soon.
My strategy consists of oversolds, dividends, and fairly safe shorts, in that order. I hope to eliminate the last strategy as this portfolio matures.
Current shares are as follows:
TSLA 1
BEAM 2.5
DDD 6
FB 3
ORI 5.5
RBS 3
EGO 19
NRZ / NC 9.5 each
SKH 53
AMD 36
LQMT 600
FLST 500
Thanks for reading!
