Tag Archives: AAPL

Year 2012, a ton of regrets.

4 Mar

A series of mumbling that won’t really make sense to most of you, but I need to put this out there to get this off my chest.  

2012 was a very bad trading year for me.  I got impatient, I got greedy, I got anxious.  I sold out GOOD stocks for NOTHING.  All I can do now is recoup and start over again.

First mistake, I sold out IPL.UN, MA, SBUX in May 2012, when stocks faltered a bit after reaching its record high.  I kept loser stocks like Cliff Resources for no good reason, now I am stuck with a 50% loss that is bringing my portfolio down overall.

Second mistake, in summer of 2012, I was holding RCI.B 200 shares @ $36.85 and SJR.B 500 shares @ $19.68, eventually I sold them out for a loss to buy penny stocks that lead to a greater loss of $8,000.  Yes, I got greedy and it cost me dearly.  Today, RCI.B is at $49.38 and SJR.B is at $24.61 respectively. 

Third mistake, I sold half of my GOOG shares for $620.  When I first bought into the stock at $612.68/share, all it did was head below my buy in price.  I thought to myself, is this another APPL mistake?  When things started to turn upwards, I reduced my shares as half of it was on Margin.  If I had kept my orginal shares, I would be $5000 in the green.

One of my biggest regret is not selling Great Quest Metal at its peak.  I could have made a cool ten grand, instead I kept it and price went down and down till I sold out for a measly $1,250. 

Always be aware of your stock, in which direction it goes.  It may treated you well in the past but it can turn on you in an instant.  

Moral of the story, pick good stocks and hold on to them instead of following the next hot thing.  I don’t do much research myself on picking stocks.  I just go with my gut instincts.  I have held and sold out many stocks (Agrium, Great Quest, Mastercard, Starbucks, Visa) that went on to gain multiple times.  Maybe, it’s time for me to step back a bit and just stick with what I have instead of chasing a stock for quick profits.

Wake up!

3 Jan

Jolted from my slumber at five in the morning, my whole body was drench with sweat.  Eww, gross I know.  Maybe, it’s the latte I had late last night.  I struggled to go back to sleep after two hours of scenerios running through my head on my life for this new year.  What am I going to do differently?  How am I going to make more money?

Finally, I got out of bed at 7am.  Logged onto my Questrade to transfer my 10 shares of AAPL from Margin to TFSA account.  Now, I worry if I over-contributed the $5,500 limit amount as the price will be determined by the end of today.  At the moment (7:23am), it is trading around $548.00.

Anyhow, I am going to get ready for work -_-

Hindsight

20 Jun

Over a month ago, I sold off my positions in Apple and Cliff Natural Resources at a big loss.  Also, I let go of my winners like Mastercard and Starbucks to even out the playing field.  By selling those positions, I’ve loaded some unhealthy stocks into my portfolio like a penny stock which shall remain nameless and Google.  Those two stocks alone is giving me a paper loss of $4,000.  I will be stuck with these paper losses till it comes roaring back.  For now, I’m inactive in my portfolio.  It’s going into dormant stages.

SOLD @ May 17th VS If I had kept positions @ June 20:
APPL- $535 vs $585
CLF- $50.50 vs $52.55
MA- $406 vs $429
SBUX- $52.00 vs $55.55
COP- $51.60 vs $54.65 (I replaced COP for GOOG on May 21st)

My biggest mistake in this whole time is jumping in on GOOG instead of AAPL when Apple was showing signs of recovery at May 21st.  AAPL went up, GOOG went down.  All the while, I just hung on with the hopes it’ll follow in suit.  As you can tell, that never transpired. 

It’s been a while since I blogged about stocks.  I’m kind of mad at myself for selling out at the wrong time.  Now, I’m stuck with a big loss with not much room to maneuver.  Patience is key!  Never listen to others~

Apple certainly has gotten the best of me!

21 May

There’s no dwelling on the past moves.  I sold out last week when the endless sea of red was crashing in day after day.  My gains were wiped out by the violent waves that invaded my portfolio.  I just snapped.  I took what little gain I had left and climbed the mountain of cash I had to safety.  Or so, I thought…

Today was a public holiday in Canada, Victoria Day!  I had slept in… forgetting about the US stock market at the bell.  If I had done my ritual 7am check on my stocks, I would have realized that Apple was on a move again.  This time for the recovery.  Today, Apple jumped from $530 to $560.  I had sold out at $535.  I am very disappointed as I wanted to get in on Apple on the lower end of the spectrum of $500ish.

I decided to go a different route this time.  I picked up Google, 50 shares @ $612.68.  Once again, half of the stock is on margin.  I am going to stop my tirade trading ways.  I shall not trade.  I shall concentrate at the longer term gains than the short-term gains.

Grumble, Grumble

16 May

My portfolio took a big hit this week due to the European crisis mainly due to Greece in limbo as of now.  Thousands in paper gains were lost in an instant.  I should have listen to my wise foe who told me to cash out while I can before May…  but I tend to attached myself in stocks for the better or worse.  Is there no end to this down slide in sight?  The companies I hold are on a fire sale!  Roll of the dice!  Too bad, all my money is tied up in them at the moment.

Currently, the two stocks I worry about are Apple and Cliff Natural Resources.  I have over $30k on margin for both stocks and every day they seem to be tanking like crazy.  By putting myself on margin, I put myself at a bigger risk to lose more than what I have.

Today, I sold out SJR.B at a loss to free up my margin.  I bought SJR.B at the wrong time.  I thought it was bottom when I bought it, but then this week happen and the rest of it is history!

I was seriously contemplating liquidating some of my stocks to keep afloat… to minimize my losses especially in Apple and Cliff.  But I think I waited too long for that.  So I will wait until Friday to see if the market will show some signs of a recovery…

Nothing seems to be going my way these days.  Life is full of twists and turns.  One can be snuffed out in an instant.  There were a few tragedies that happen recently that hit close to home on the local news.

1)  A friend I know who’s coworker died tragically in a hang gliding accident.  It was her first time going tandem with an instructor, she wasn’t strapped in properly in her harness and she fell out shortly after takeoff.

  • Sometimes the thrill of an adventure can turn out tragically.

2)  My part-time boss’s landlord crashed his float plane out in Okanagan shortly after takeoff.  The plane caught on fire, he and two other passengers did not make it out alive.

  • He died doing what he loved.

3)  My coworker’s son-in-law’s cousin died in a car accident over the weekend.

  • Error in judgment can quickly turn deadly.

Sometimes, I wonder why I save so much?  Will I survive that long to actually enjoy the savings that I have accumulated.  Sometimes, you need to have a proper balance of enjoying life as it is and taking each day to the fullest!

Mini Jabs

7 May

Lately, I’ve been taking mini jabs at Apple from my Questrade RRSP account.  My realized gains are peanuts compared to my current paper loss ($1111.20) in my Questrade Margin account.  I’m not down till I sell… I plan to hold my 40 shares of Apple till I see the green light once again!  

At least, I’m not getting burnt by the depreciated price of Apple in my RRSP account.  On a few occasions, I could have sold at a higher gain, but I was hoping for too much in return only be  be burnt at the end.  So I think I’m not going to touch Apple again within my RRSP account.  I am going to move on to another stock that offers more of a chance in a gain.  Potash might be the next contender!

On a positive note, Apple finally closed in the green today!

QUESTRADE RRSP:

Bloody Hell!

4 May

May has certainly lived up to its expectations.  The saying goes, “SELL IN MAY, GO AWAY!” with the notion that investors should cash in their investments and take the summer off.  Historically, summer time seems to prove to be the worst performing months of the year in the stock market.

In the meantime, I have sold positions in COS.TO and POT.TO to free up some cash.  However, I have dug myself a pretty big hole in my margin account.  My latest buys of AAPL and CLF have faltered and in the steep path for margin calls.  My optimism for the stocks to rebound has been short-lived.  This goes to prove that the market is unforgiving and you should always take precautionary steps to protect yourself.

If I see an opportunity to jump in, I will.  For now, I hang onto my stocks for dear life.  I shall take a buying break from the market, and see how the market will churn out in next week.

While everything was up…

25 Apr

IPL.UN stumbled along with TRP which I sold out yesterday.

Today, I sold IPL.UN 340 shares @ $19.00 in fear that it will drop even further below buy in price of $18.90.  However, I got caught up in the early morning sell off.  IPL.UN seem to recover shortly after closing at end of the day:  $19.15 per share.

The funds from a recent sale of Fund ING Streetwise Fund finally arrived into my RRSP Questrade account.  If only the funds had shown up earlier, I might have averaged further down on Apple at the price of $560.00 of yesterday.

Now, I have quite a bit of cash sitting idle in my RRSP and TFSA accounts.  Everything seemed to surge after Apple’s record breaking earnings report.  So I don’t think this is a good time to buy into the market.  I’ll sit and wait for the right opportunity.

One stock that is riding at its 52 week low is Chesapeake Energy Corporation (NYSE:CHK).  EPS is decent, PE ratio is low meaning there might be some value to it.  They do shell out a small dividend of 9 cents per quarter.  I might just pick up a couple hundred shares and see if this will ride back up into the 20s.

Hooked, Lined, and Sinkered

20 Apr

Wiggle wiggle!

I’m chasing Apple the wrong way!!  This morning, Apple seemed to be performing well heading above my latest buy in price of $587.00.  By mid-morning, it started its downward spiral AGAIN.  I had some money in my QT RRSP account screaming for some attention.  I decided to averaged down another 10 shares @ $581.00 in the morning which is a big mistake.  I was careless and impatient.. hooked, lined and sinkered!

One of my mottos is not to buy in the morning, always buy in the afternoon when things have settled down. 

Today Apple closed at $572.98/share.  It was another $8.02/share drop from my buy in price.  Am I worried?  Nah, I’ll just sleep on this shares for a long time coming since it’s in my RRSP account.

As for my other 30 shares of Apple in my QT Margin account, I got an email from Questrade stating:

“Please be advised that the margin rate on common shares of Apple Inc. (AAPL) is increasing from 30% to 40% effective Monday, April 23rd, 2012. Please review your current positions to ensure that your account does not enter a margin deficiency due to this change.

It is your responsibility to monitor your account and your margin, and to deposit sufficient funds or sell sufficient positions to remain in good standing. If your account becomes under-margined, we will issue a margin call and may sell securities to satisfy the shortage.

We retain the right to require additional margin at any time we consider necessary. “

I just might get a margin call on my Apple shares if the price keeps on falling like today.  I am hoping for a green Monday.  Wish me luck! 

 

Averaging Down on Apple

19 Apr

Apple has been on a bumpy ride in the past week of trading sessions.  Some days it’ll drop and drop, and then some days it’ll pop right back up.  It’s a little disheartening watching it go from its 52 week high of $644 to a low of $577.00 of recent events.  My first buy in was at 20 shares @ $611.52.  So I decided it was time for me to average down on my Apple shares.  I am a bit tentative… not knowing which way it’ll go tomorrow.  So I just added 10 shares to see if I can climb out of the red hole again. 

Today’s Buy
AAPL-  10 shares @ $587 on Margin