Thursday, July 31, 2014

Recent Trades: Facebook, Rite Aid, Plug Power, Isis Pharmaceuticals

Hey all,

Thought I'd update this blog while Blogger's open.

Been hopping RAD and FB while they fluctuate, made a small flip so I turned 10 shares of FB into 183 shares of RAD into 45 shares of ISIS & 83 RAD into 23 ISIS and 100 RAD, for a 17-share gain.  Fortunately I sold out at 7.30 before RAD tumbled to mid 6es and am back into 18 shares of FB instead of my original 10.  Recent FB gains from 75 from 60s have been painful to buy back but with good targets FB will be a mid-range hold at least.  PLUG power is a longer-range hold.

Current holdings:

~18 shares FB, bought from consolidated RAD & ISIS position
130 shares PLUG, long-term hold, bought 1/2 at mid-4s but hoping to recoup a supplemental purchase at 9.
600 shares LQMT (ZZZ...)
500 shares FLST, 1/2 sold at $0.38 so I made my profit at 10 cents a share.
1500 shares PVSP, negligible.
300,000 shares BRGO, regretting not selling for a 300% profit.

Basically these are all long purchases.  Twitter was a consideration a while back but my money's going with a stock recently valued more than Coke.

My wife's been really sick and time is at a premium.  Feel free to read more at lifenotlyme.org.  I will try to keep writing here.  Perhaps I will have a newsletter if you are interested.  Please let me know in a comment.  I see a few pageviews a day and am happy people come to visit.

Thank you,

Lionel