Markets were good again today and actually felt good. Previous days seemed like so much was still down didn't matter overall market was up. Today felt like things picking back up and correction may to over for now. But it is a long weekend so don't know how everyone will react next week. Rumor was it would be light volume this week because it is short and back to panic time next week. Hope not as I am exposed. Big IPO that took off for a little and then faded pretty good as well. If it can shoot up again may help my IPO play from a week ago, KANG.
Sold my KEG position for a loss. Lost about 20 bucks and done holding this.
Didn't sell DEJ when I had the chance. Listened to an update call they put on and it was not good overall. Had a pop at the start of the call but that was it. Mentioned new well and its production (oil) but they have limited cash. Made it seem like a financing deal will be coming. Don't know when but I think it will be coming. Hoping an article detailing well production comes out as it is a big one, especially with prices right now. So underwater here and should have already gotten out.
Bought GOGO. They got upgraded by analyst and got a jump in price. I did not have a good entry, was trying to wait for it to hit new highs on the day to trade but didn't. I also planned it on being a day trade, but now holding it overnight. Have confidence it long term so okay with holding for now. Hoping for a pop on monday (strong close today) to sell into. Looking at around 18.30 for selling point.
Also bought MONA. Wolf pick and this time I think am in earlier. Didn't research but I believe they are on the verge of a reverse split. I've seen this spike the price after the reverse split so we shall see. I bought high on this one too, and am scared now because it was up over 100% today. Should not have bought so high but I believe in the power of the wolfpack and I will be selling before most of them do. Good part of them not believeing in selling for a loss.
Markets closed for Good Friday so nothing new tomorrow. Will get through some video lessons with free day and maybe start a new dvd.
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