Tag Archives: DOL

It’s been one month!

4 Jul

One whole month, I have held COCA-COLA CO (KO:NYSE) on margin.  I haven’t been able to sell my swing trade yet because it hasn’t gone above my buy in price of $41.50 per share.  I am currently sitting on an unrealized loss of $51.49.

July 1st, I was surprised to find a gift from KO sitting in my brokerage account:  $11.90 in dividends!

As for my other swing trades in June, I profited $140.98.  I was able to execute buy/sell for four stocks.

  1. Jun 4-14, 2013:  KRFT- buy 50 @ $54.30 | sell 50 @ $55.61
  2. Jun 4-14, 2013:  MA- buy 5 @ $569 | sell 5 @ $572.10
  3. Jun 11-27, 2013:  DOL.TO- buy 25 @ $72.71 | sell 25 @ $74.11
  4. Jun 25-26, 2013:  CVX- buy 25 @ $117.30 | sell 25 @ $118.22

In all honesty, if I was patient with some of the stocks, I would have even greater profits.  But a profit is better than no profits, right?

Prices of the four swing trade stocks as of July 4th:

  1. KRFT:  $55.51 (-0.10 x 50= $5.00 extra loss)
  2. MA:  $586.12 (+14.02 x 5= $70.10 extra profit)
  3. DOL.TO: $74.63 (+0.52 x 25= $13.00 extra profit)
  4. CVX: $119.08 (+0.86 x 25= $21.50 extra profit)

I didn’t want to hold these stocks for too long as I bought them on margin charging at a rate of 4% per annum.  The longer I hold the stocks, the more interest I would have to pay.  Quick profits on margin are optimal at best.

Currently, I have BTE.TO (since May 9th, slowly, I am climbing out of the red on this one) and KO on margin a total of $10025.99.

May’s interest, I had to pay $15.92 CAD and $3.19 USD.  June’s interest will show in the middle of July 2013.  Let’s see how much interest will dig into my $140.98 in profits for the month of June.

Sold out Dollarama (DOL:CA)

27 Jun

Woot woot, I’m making my few bucks in this messed up markets.

Sold DOL:CA-  25 shares @ $74.11 

Profit:  $35 – $1.98 = $33.02

Number of days held:  17 days on MARGIN

The only regret I have with Dollarama was that I bought it the day before the markets went bonkers.  I could have bought them at a cheaper price ($67ish) and reap more rewards.  My timing is so off.  But whatever, I still come out with a little profit.  

I will revisit Dollarama when it comes back down below $70 buckeroos.

Note:  Sorry for the slangs in this post.  My portfolio took a big hit, and I’m still in a pissy type manner.

Sold a couple of my swing trades today

14 Jun

I sold out 2 out of 4 recent swing trades:

  1. Kraft for a profit of $66.49
  2. Mastercard for a profit of $16.49.

99c per trade is great for maximizing your profits 🙂 Keep in mind, I bought these two along with Coke the day before the market took a plunger.  I held these two stocks for a total of 9 days.  This is exactly what I wanted to do, the timing of my trades were not so opportunistic.  Next time, I will be more careful with my swing trades.

Currently, I am still holding Coke on this swing trade.  As for my most recent swing trade: Dollarama, it has been take a beating in the last few days.  Hopefully, they don’t sink anymore from this.

Also, I got a reimbursement from Virtual Brokers for transferring over my stocks from Questrade for $131.25.  They were true to their word.

 

Today’s stock market a little depressing…

11 Jun

So I decided to buy 25 shares of Dollarama!  I’ve always liked shopping there for nick knacks.  I’ve watched them head to higher grounds when they first IPO’d at $20 per share.  

I’ve always been on the sidelines watching them go up and up, never putting down any money on them.  Today, I decided to take the plunge.  I might be buying at the top of the market for them, but let’s see how this will play out in the months to come.

Buy:  DOL.TO 25 shares @ $72.71