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Roger Knights
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I'm a Seattle-ite, retired from computer programming. I'm a mere dilettante of the market.
  • My Stock Picks Starting April 20, 2013 8 comments
    Apr 28, 2013 1:07 AM | about stocks: PTNT, AAPL, SAND, IBM, TSLA, NFLX, BBY, NYT, WFM

    4/27/2013: This is my first stock-pick Instablog in two years. The paper trades in my previous one (#4) didn't work out well. (I haven't computed the bottom line-too painful.) I think maybe I've learned something from the experience and from the reading I've done. So I'm going to start a new set of paper trades with a blank slate. I'm giving myself 300 "chips" to start.

    Last weekend (about midnight Saturday) I tried to post my first paper trades in a new Instablog, but I didn't notice the Submit button at the bottom of the page, so SA didn't post it. The first trades I made were at Friday's closing price:

    1. (NASDAQ:AAPL) Buy 10 chips @ 390.53.

    2. (NYSEMKT:SAND) Sandstorm Gold. Buy 10 chips @ 7.08.

    3. (NYSE:IBM) Short 10 chips if it hits 198. (Hasn't happened yet.)

    This weekend (Friday night) I made these paper trades at Friday's close. (I posted them as a comment yesterday at the end of my Instablog #4, because that was the only way I thought I could post them.):

    4. (NASDAQ:TSLA) Tesla Motors. Short 10 chips @ 51.20.

    5. (NASDAQ:NFLX) Netflix. Short 10 chips @ 215.55.

    6. (NYSE:BBY) Best Buy. Short 10 chips @ 23.50.

    7. (NYSE:NYT) NY Times. Short 10 chips @ 8.92.

    8. (NASDAQ:PTNT) Internet Patents Corp. Buy 30 chips @ 3.62.

    9. (NASDAQ:WFM) - Whole Food Markets. Short 10 chips @ 88.61.

    10. (SAND) Sandstorm Gold. Buy 10 more chips, @ 7.80.

    So that's 120 chips committed, assuming IBM hits my selling point at 198.

    Possible future trades: Short (NYSE:YELP) (25.45 at the close Friday) and (NYSE:CRM) - Salesforce (40.71). Buy (NASDAQ:RMBS) - Rambus (6.50).

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

    Themes: Stocks to Short Stocks: PTNT, AAPL, SAND, IBM, TSLA, NFLX, BBY, NYT, WFM
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  • Roger Knights
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    Author’s reply » 11. (JPM) JP Morgan Chase. Short 10 chips at Friday's close, 48.88.
    28 Apr 2013, 03:29 AM Reply Like
  • Roger Knights
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    Author’s reply » 12. (MARA) Marathon Patent Group. Buy 20 chips at Friday's close, 0.36.
    28 Apr 2013, 04:03 AM Reply Like
  • Roger Knights
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    Author’s reply » 13. (DSS) Document Security Systems. Buy 20 chips at Friday's close, 2.49.
    28 Apr 2013, 01:01 PM Reply Like
  • Roger Knights
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    Author’s reply » 14. (SITO) Single Touch Systems. Buy 20 chips at Friday's close, 0.68.
    28 Apr 2013, 01:28 PM Reply Like
  • Roger Knights
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    Author’s reply » 15. (ENZ) Enzo Biochem. Buy 10 chips @ Friday’s close, 2.16.
    28 Apr 2013, 11:54 PM Reply Like
  • Roger Knights
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    Author’s reply » 16. (SZYM) Solazyme. Buy 20 chips @ Friday’s close, 9.25.
    29 Apr 2013, 03:57 AM Reply Like
  • Roger Knights
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    Author’s reply » 17. (IBM) Cancel my short order at 198 (item #3) and short-sell 10 chips at Friday's close, 194.31.
    29 Apr 2013, 04:29 AM Reply Like
  • Roger Knights
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    Comments (4580) | Send Message
     
    Author’s reply » 18. (NILE) Blue Nile. Short 10 chips at Friday's close, 32.50.
    29 Apr 2013, 07:48 AM Reply Like
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