MobilePreacher's  Instablog

MobilePreacher
Send Message
I have been an ordained minister for 25 years, but in the last 6 years my life and ministry focus took a different turn. I left full time church ministry to run my own non-profit outreach for at risk young kids (www.nightlifecenter.org) in my town (Sarasota, FL) For the last 8 years i also have... More
  • Two Stocks We Just Bought 2 comments
    Sep 26, 2013 2:54 PM | about stocks: TITN, CCL, TSN

    Today we went long two stocks for short to medium term trades. One is (NASDAQ:TITN) at 15.94 per share. We purchased this stock for one reason, it appears to us that the fundamentals show its a very cheap way to get some exposure to the global economy if and when it really does pick up. It could easily double if that is the scenario, so in some ways its sort of a "hedge" for us to the upside if the market takes off, since we are still mostly cash

    the other is (NYSE:CCL) at 32.71 per share. Simply it has been slaughtered and we are playing it for a 50% retracement of the gap lower it just put in. Nothing fancy here, just an oversold stock that is due for a bounce.

    As of today 10/3/2013, we added (NYSE:TSN) at 28.12. We are holding these positions as an upside hedge in case Washington works out its issues, since we remain 95% cash

    As of today 10/24/2013.. we took profits on CCL at between $34.70 and $34.77, we are still long TITN and TSN

    As of yesterday 10/29/2013... we took profits in (TSN) between 28.42 and 28.51, we are still long TITN

    As of today 11/7/2013 we took profits on TITN at 18.62. We are now back to 99% cash.

    As of today, 12/11/2013 we re-entered TITN at 14.87. We will look for a target of 17 bucks.

    As of today, 12/27/2013, we took profits on TITN at 17.45. our target was achieved and we let it run some more today.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: TITN, CCL, TSN
Back To MobilePreacher's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (2)
Track new comments
  • william12
    , contributor
    Comments (46) | Send Message
     
    very interesting article. and does we mean you & me?
    26 Sep 2013, 03:49 PM Reply Like
  • MobilePreacher
    , contributor
    Comments (603) | Send Message
     
    Author’s reply » lol only if you are smart william.... only if you are smart
    26 Sep 2013, 08:54 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • We $BAC http://seekingalpha.com/p/1q79f
    May 9, 2014
  • (CMO) today is one of those days i just talked about in my last article. Dumb money selling CMO because of other mREITS bad news. Buy dip
    Sep 20, 2013
  • $CMO delcares its div at .31... since CMO pays out its div directly from its earnings, this confirms that CMO is not AGNC, NLY, or CYS.
    Jun 13, 2013
More »

Latest Comments


Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.