What a great day! I couldn’t have asked for a better trading day. As you may very well know, yesterday PennyPic released their new pick SNPK. I got in early at .37 and sold at .42. I bought back in towards the end of the day to sell into the end of day spike but none came so I got out basically even. Overnight, one of crazypenny’s sister sites released the same pick (which is what they did the last two times). Usually I would place an order right at the bell at 9:30 but I decided to try a little earlier. With 7 minutes before the market open, I placed a limit order to FANC route and boom! Filled at .47 for 3500 shares. The thing was straight up after that. I locked in some profits by selling 1500 and held the other 2000 shares. Meanwhile I was watching THLD, it had a very weak open and dropped to $5.70’s. I saw a little perk so I bought at $5.80, sure enough it spiked up right after. Since I was in two positions, I needed to get out of one because I am not that good at watching multiple things. I decided to sell THLD at $5.98 for a cool $180 profit.
I later sold the rest of my SNPK for a total profit of $228. I tried to play a bounce but didn’t like it, so got out even. With my $400 on the day I told myself I was done. Of course I wasn’t! After lunch Tim alerted JVA as an earnings winner breakout. I decided to hold off as it spiked to $10.90 from his alert at $10.50. On the dip I bought in for a small position at $10.64. Then waited a total of 3 minutes and sold it at $10.92 right before Tim’s sell alert. Made just shy of another $100.
My total trading profit on the day: $493.39 on a $1710 account. Show me who else made 29% today…not many 🙂