Tag Archives: RY

October Trading Sales

3 Nov

Trading Summary for October 2011:

1.)  Selling CLF at $65.00/share was the right move at that particular week.  However, I sold it a little prematurely I suppose.  If I had kept my original shares, I would have made an extra $1500.  CLF is a very volatile stock with big mood swings from day to day.  I had my chances to re-enter in the high $50s, but I didn’t want to take that chance.  So I stood by on the sidelines watching this amazing upswing in a day or two.  Currently, it’s holding strong at $70.92/share

2.)  Well, RY staggered right on ex-dividend date and I quickly sold it for a smaller profit than what I would have liked.  The following days it leaped to the high $40s, I sold out at $47.60.  If I only held on a little longer would have brought me a few hundred more.

3.)  POT was a mistake sale at $49.95/share, but it has given me the opportunity to pick up the original 200 shares at a more discounted price of $47.60/share.  Even though, my net loss was $370.60.  I feel the potential  in POT to make a come back to the low $50s.

4.)  SJR.B was my quickest sale of my trading career.  This proved that I had very low confidence in the stock.  But amazingly, it’s been holding quite well in the days that followed after my sale.  If I had kept it, I would be sitting at a higher gain than what I would have expected it at

SIDE NOTE:  Trading IPL.UN for POT is a stale reminder that I always sell IPL.UN at the wrong time.  I am not happy with this trade at all.

TICKER QTY BOUGHT SOLD CHANGE PERCENTAGE
CLF 300 18,193.90 19,525.79 1,331.89 7.32%
RY 200 9,279.65 9,520.35 240.7 2.59%
POT 200 10,354.95 9,984.35 -370.6 -3.58%
SJR.B 300 5,955.00 5,980.05 25.05 0.42%
43,783.50 45,010.54 1,227.04 2.80%
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Sleepy Morning Trade Mistake

24 Oct

I am not happy with myself!

Woke up this morning wanting to sell my Royal Bank stock in mind, I had two limit sells in my Questrade Margin account that was in placed already for Potash and Royal Bank.  There were both set at a higher sell limit, so the orders didn’t go through.  Not paying much attention, I accidently selected POT and set my price limit at $47.65 and it sold 200 @ $49.95 with a loss of $369.90 which I did not intend to do!  That was suppose to be for my RY sell limit!

After realizing my mistake, I’ve managed to sell my RY 200 @ $47.63 with a small gain of $241.40 plus dividends of $108.00.  RY opened at a lower price from Friday as I had expected since it went ex-dividend today.  Time for me to sell and move on.

Now, I have like $20937.50 CAD and $15872.44 USD cash sitting in my Questrade Margin account.  What to do with it… market seems to be holding out steady for these last few weeks. 

My next sell target is BMO sitting in my Questrade RSP account… ex-dividend is on Oct 28th, price is starting to creep up to my original buy in price.  Execute and sell with precision!

 

Banking on Dividends

21 Oct

Time for me to bank in those dividends!  Royal Bank is going ex-dividend on Oct 24th.  BMO is also going ex-dividend on Oct 28th. 

I also held these two banks back in the summer time where they also declared dividends, I managed to collect $54 in dividends from Royal Bank and sell for a tiny profit at $15.75.  This proved to be a smart play as Royal Bank took a dip in share price in the next couple months.  On Sept 13th, I managed to picked up 200 @ $46.37/share.  Today, it’s trading at $47.89/share, I will try to sell Royal Bank come Monday so I can pick up my $108 in dividends and hopefully a nice little gain as well.

As for BMO, I wasn’t as lucky to sell off when I had the chance.  On June 7th, I bought in 100 @ $60.60/share.  I did collect $70 in dividends, but missed a few chances to sell at a gain.  So I’ve been holding that stock till now.  Today, it’s trading at $59.27, down about $133.00.  A little off my mark, but I made a few good bucks from BMO before.  Can’t wait to collect another $70 from them.

I just noticed that BMO market share is smaller than Bank of Nova Scotia.  This is a very big surprise to me as BNS isn’t that big of a bank.  You don’t see them too often in the city.  I wonder why that is… 

Time for me to look into other healthy dividend investments!

Come Monday

19 Sep

Selling Pepsi on Friday proved to be a good move!  Today, it’s down another $1.50 and basically hoovering around my buy in price.  I missed my chance of selling Royal Bank that day.  Today, it’s holding up on its own, but I should have locked in my $200 gain on Friday when I had the chance earlier in the morning.  Now, it’s just a waiting game before I sell!

Notable mention:  Even though, today proved to be red across the stock market board.  Breaking the resistance, Starbucks is making a bullish run.  Up $2.08, it’s sitting nicely at $42.30 with 15 mins left in the trading day.  I’m up 115% on Starbucks!  We’ve been through ups and down, but what a remarkable run Starbucks have made since 2008.  I’m still holding as the buying season is just beginning.