Tag Archives: TCK.B

Limit Sell: Sold out TCK.B!

12 Apr

This morning, I checked my stocks at Yahoo Finance App on my smartphone in bed.  Oh goodie, everything seems to be in the green, snooze…

I wasn’t alert enough to realize that TCK.B was on a steady climb heading upwards to my limit sell at $36.50.  By the time I got out of bed, it was too late to change my limit sell to a higher number for more profits!  I ended up realizing a profit of $631.15.  I could have made $200 more if I had changed my limit sell to $37.00!  Again, another missed opportunity!  But I am happy with my no emotion trade.  I had too much money riding on this stock along with a hefty margin side, I needed to sell this stock in a short amount of time.

Behind the Trade
March 23rd-  Bought 200 shares @ $35.29
March 28th-  Averaged down 200 shares @ $34.48
April 12th-  Sold 400 shares @ $36.50 (Sell Limit)
Length of Time-  13 trading days
Margin Used- $6,512.35 ($13.01 interest)
Profit:  $631.15-$13.01= $618.14

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Turning a Blind Eye

5 Apr

For the month of April, I plan to turn a blind eye to my budding stock babies that I had acquired end of March:  TCK.B, TRP, CHE.UN, AAPL.  I have built up my margin to $27,723.42 for these 4 particular stocks.  

In 2010, I took out loans to buy more stocks.  In 2011, I paid back all my loans to play it safe.  This year, I am taking on a bit more risk in order to hit my target of $120,000.

Story of my life, I’m going to take a back seat this month.  If I hit my target for TCK.B, I will sell for a profit.  Just going to wait for a green sunny day! 

Looks like TRP will take some time to blossom.  I’m not too sure if sitting on margin on this one is such a good idea.  I have collected their dividend thus far.

AAPL is a steady work horse.  Even though, I bought at its 52 week high.  It continues to amaze me how well they break through resistance.  I am definitely holding this one till I see weakness forming around its share price.

To be honest, I’m a little stressed with CHE.UN.  I had invested a lot of money into this one.  It’s been on a steady decline from its 52 week high.  I’m currently down 8.33% equaling $1505.73 smackaroos which is hard to swallow.  But I am seeking long-term distributions from this particular stock.  Of course, price appreciation in the stock will help out too.

 

Go big or go home!

23 Mar

I’m tired of playing it safe.  I am mad.  I sold out my CLF yesterday for a measly $300 profit.  Today, it jumps $2… meaning I lost out on another $200.  I still have my Call Options… it’s trading at a profit of about $50.  No comparison to $200.

I went on a buying rampage with MARGIN.  Yes, as much as I hate to put myself on margin, I have to take on more risk to be rewarded.  I am a little frustrated of sitting on the sidelines watching stocks go up and up without me profiting at all.  Time for a dramatic change in pace.

Today’s Buys!

TCK.B-  200 @ $35.29; 200 @ 34.48  Mining Company
CRUS-  200 @ $24.49;  200 @ 23.78  Technology Sector:  Provider of Apple
TRP-  200 @ $43.65  Pipeline Energy Company

Please do not follow me as I am already at a loss with these buys!!  I’ll sit on them for a little bit and see where they go 😀

Missed Chances

28 Oct

Looking back on Tuesday and Wednesday, it was the perfect opportunity to get back into stocks that I was looking at CLF, MA for USD stocks and LLL, TCK.B for CAD stocks.  But I was being iffy and didn’t want to take the chance.  On Thursday, all stocks across the board made a significant jump due to Euro debt situation being resolved.  Pulling my hair out as I missed the launch of some great gains. 

For now, I’m sitting on the sidelines with cash on hand… it’s kind of boring, but I don’t want to make the mistake of buying at its high! 

My two biggest losers right now are XFN down $647.15 and JE down $834.00, both of them do pay a monthly dividend of about $70/mo.  BMO and MFC have made some lead way back to my buy in price.  Once they have reached into profitability, I’m selling those in a heartbeat!

October is coming to an end… I made my quota for $500/mo profit 🙂  Maybe I should set my sights on a higher profit.  Better not get ahead of myself now!