FARO - Bought to Cover

I decided to get out of FARO while I had some sort of profit because I was only aiming to get a little bit of money between rallies (true swing trading!). I'm upset because I had earned quite a bit more this morning but it spiked and never returned to its low. Additionally, its a little "dangerous" to short an uptrending stock, so I'll take the small win on this one.

I just bought to cover FARO at $16.03 for a $0.16 gain per share and a .1% return on investment. This was a day trade.

RECAP:

FARO SS @ $16.19
FARO BC @ $16.03

BLUD - Bought to Cover

Just bought to cover BLUD at $25.03 for a gain per share of $1.04 and a return on investment of 4%. This was a day trade.

RECAP:

BLUD SS @ $26.07
BLUD BC @ $25.03

BLUD - Short Sold

Short sold BLUD at $26.07.

FARO - Short Sell

I shorted FARO at $16.19.

Watchlist & Stock Picks 1/5/09

I have quite a few that I'll be watching as longs for the next set-up. Most of these won't be ready for a long for 3-7 days so I'll be watching for the set-up. In the meantime I might want to try to short these.

LONG:

GSIC

DAR

CHIC

BPZ

QQQQ

QLGC

OHI

M

KELYA

CMCO

BBV

AXA

AUO

ACN

AGU

AEP

BLUD

CAJ

CAKE

CPWR

CVC

DF

DIS - Sold

Sold DIS at $24.00 for a $0.44 gain per share and a 1.8% return. 

I decided now was the time for me to get out since I'd been negative in this stock for so long, it certainly didn't make the regular uptrend I'd been hoping for so I'm going to try it again fresh with a new stock that kept a steady pattern even throughout the Holiday trading.

RECAP:

Bought DIS @ $23.56

Sold DIS @ $24.00

SDXC - Sold

Sold SDXC at $7.54 for a $0.10 gain per share and a 1.3% return. 

Obviously, I didn't make my goal on this one either but I was tired of holding it and it seemed like the buying power was running out slightly.

RECAP:

Bought SDXC @ $7.44

Sold SDXC @ $7.54