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Sunday, October 3, 2010

I haven't made a trade for a month, which is unusual for me. I have been holding onto RDCM in hopes that it will jump back up. I expect it to do so very soon. I thing that I have learned is that it is impotant to make goals and do what you know works. My goal is 5% a month, and I know not to buy high and sell as soon as I make that goal. Last month RDCM went up like 15%, and I decided to hold onto it, thinking that it would keep on going. But then it tanked, and I hated myself for not selling it when I was way past my goal. I will try not to make these stupid mistakes any more. It also helps to have friends and colleagues that help you maintain that goal.

Sunday, September 26, 2010

Rdcm

I am still holding unto RDCM. I know its a good company that is doing great and good news is still coming out. This week was still mostly down, but i hope that this week will mostly be up. I am going to start researching new companies to fin more opportunities to buy. Leap Frog was a good choice if I would have bought it a month ago. It was on my watch list, and it went up like 20%.

Monday, September 20, 2010

update

Radcom has been up and down last week. Today the stock started off good but for some reason it dropped like 50 cents in the last 10min of the trading day. A stock like this, it is very common for the price to change a lot each day. I was originally going to hold onto radcom for a long term, but i realized that my goal of 5% a month is a lot better, with set goals. Once radcom reaches 11.10 or above, i will sell and keep my profit and look for the next opportunity. Haup still hols constant around $2.80. It has potential, but going no where right now.

Wednesday, September 8, 2010

RDCM

I bought RDCM again. This time I am going to hold until it starts to slow down. I bought many shares at $10.75. Today it closed at $11.75, which is about 10% for me! I could sell my shares and be in a good position, but I believe that RDCM will continue to grow to at least $20 a share this month. That would be a total 0f 86%. I am not 100% sure that will happen this month, but i feel like it will for sure by the end of the year which would put me at a profit of 150% in 10 months.

Sunday, September 5, 2010

After Haup I bought RDCM at 7.68. It only took a couple of weeks for RDCM to reach 5%. RDCM is going to be hugh and continue to grow. After I sold my shares RDCM continued to grow and still is. A very good long term investment. I will probably buy RDCM again once it drops a little. I also have my eye on Haup and watching the news and reports on it.

Thursday, August 19, 2010

The Right Stock and the Right Time

Greg has been doing his research a found a rebounding company named Hauppauge, HAUP. I, Devin Hutchings, bought the stock at 2.43 per share. The earnings report came out the day before and it was super positive, but for some reason the stock didn't shoot up. It was down like 5%, so I bought it hoping that it might go up. The next day haup shot up to 30%. For me that is a lot and I sold my shares. I made a good 25% because i sold a little early, but that is still really good. That makes me up 57% since April. Not bad!!!! Three more percent I will reach my goal for the year in 5 months. This means that there is a possibility of making 120% in a year. My new goal is 100% by April 2011.

Thursday, August 12, 2010

Netflix

Netflix went all the way down to $99 per share! I bought it at $103. The reason why netflix went down was that they didn't meet all their goals for the quarter. But they still made big money!! So i knew it would go back up within weeks. Sure enough after a week the stock went up to $113 and i sold it. I made another 6% which puts me up 32% since April. After I sold netflix I bought a stock called ADAM. They are a good company, but super risky stock. I will let you know what happens later.