10 of 12 virtal picks gained a total
of 27 grand for "Madness" in the past
week or so.
(In general, stocks shown with losses
are ones I own. Stocks in green are ones
I might have bought recently, if I were
still in the market)
To cut back on Gene Therapy, Madness
sells Ariad, eyeballing an average price
last week, that's out at $5. Will spend
most of the proceeds on 1000 NBIX, average
price this past week, about $19 1/2 (I wont
sell snap at these prices as I'd said I would)
Now, what to do about too much CRA and
Genset. Will sell half of each, at $31
and $3.75.
That leaves something like $37,875 of virtual cash.
Madness has a cost of $400k, and should show a loss
of about 30%.
I think this paper trading is an excellent way to
help cut back on the stock addiction. I don't find
that I miss the thrill of the trade, when instead
I do the trades on paper. Plus, I can still feel a
part of the market by owning my stinky pets, going
to annual meetings, etc etc. A good thing I am sure.
There is always a chance that one of my pet stocks
turns out to be a good investment many years from
now, who can say?! |
