To: RFH who wrote (7577 ) 5/31/1999 7:15:00 PM From: LemonHead Read Replies (1) | Respond to of 18928
Newport Watch List – Observations on Trading Activity. Criteria: Three or more trades must have buys and sells both. Buy & Sell Resistance set at 10%. Minimum Number of Shares to Trade set at 10% of original share quantity upon entry. Generally the Buy & Sell prices are the closing prices for that weeks Friday. Note: I have not adjusted Portfolio Control on any of these. Normal adjustments occur do to Buys and Vealie's. None have had Negative cash reserve. Drove CHRZ, EGGS negative, or they would have qualified. None have split.IDCT – IDT CORP Entry – 01/31/99 500 at $15.50 Bought – 02/28/99 50 at $12.40 Sold – 03/14/99 100 at $18.50 Sold – 04/11/99 100 at $30.813 Vealie – 04/18/99 100 at $29.50 = $2950 X.50 = $1475. Added $1475 to Portfolio Control. Looking at the graph now, this should have been a normal sell. Currently- 350 at $22.125, Stock & Cash = $15,805. Profit $4,555. HoldSCI – SCI SYSTEMS Entry – 02/07/99 1000 at $35.313 Bought – 04/04/99 100 at $29.375 Bought – 04/11/99 100 at $27.00 Sold – 05/09/99 150 at $40.125 Currently – 1050 at $41.50, Stock & Cash = $61,612. Profit $8,643. HoldSYMC – SYMANTEC CORP Entry – 01/31/99 300 at $20.4375 Bought – 03/14/99 50 at $15.063 Bought – 04/11/99 50 at $13.563 Sold – 05/23/99 100 at $24.781 Currently – 300 at $24.50, Stock & Cash = 11,396. Profit $2,396. HoldDCTM – DOCUMENTUM INC Entry – 03/21/99 1000 at $16.00 Bought – 04/04/99 500 at $10.125 Sold – 04/25/99 500 at $19.00 Bought – 05/09/99 100 at $15.188 Bought – 05/16/99 250 at $13.25 Currently – 1350 at $14.00, Stock & Cash = $26,506. Profit $2,506. HoldNETG – NET GRAVITY INC Entry – 03/21/99 500 at $27.50 Sold – 04/04/99 150 at $42.438 Bought – 05/09/99 50 at $31.00 Bought – 05/16/99 150 at $24.875 Bought – 05/23/99 150 at $22.00 Currently – 700 at $21.125, Stock & Cash = $19,447. Loss -$1,178. Buy SAVLY – SAVILLE SYS Entry – 03/21/99 1000 at $13.00 Bought – 04/11/99 500 at $8.18 Sold – 04/25/99 200 at $13.0625 Sold – 05/09/99 100 at $14.125 Sold – 05/16/99 100 at $15.75 Currently – 1100 at $15.688, Stock & Cash = $25,277. Profit $5,767. HoldGTCC – GTC TELECOM CORP Entry – 04/04/99 1000 at $5.625 Sold – 04/25/99 250 at $8.625 Bought – 05/23/99 150 at $5.875 Bought – 05/30/99 150 at $5.437 Currently – 1050 at $5.437, Stock & Cash = $8.980. Profit $543. HoldIHWY – INFORMATION HWY.COM INC Entry – 04/04/99 1000 at $4.937 Sold – 04/11/99 100 at $6.437 Bought – 05/23/99 100 at $4.50 Bought – 05/30/99 300 at $3.75 Currently – 1300 at $3.75. Stock & Cash = $6,412. Loss -$993. Hold Other Info: This watch list was set up to find potential AIM candidates. The list consist of 93 entries. As you can note only 8 made the cut based upon my opening criteria. Probably an equal amount have 3 or more sells or buys, but not a combination of the two. Two I drove negative on the cash reserve so they were eliminated. Remember that this is a Watch List, there is no guarantee that the trades would have happened as recorded. I do not own any of these stocks nor am I promoting them. I'm in no way suggesting the purchase of these stocks as AIM candidates, I place this data here on the Thread mainly for thought, review, discussion and the forming of conclusions. One thing I concluded was that you might not want to pull a Vealie on the way down. The other was that you could start out with a bang only to find yourself buying your way to a loss. But the end result can be positive do to inherent volatility. My question for discussion, Can the above history encourage one to Stock their Warehouse with any of the above Inventory? What are your observations and Conclusions? Do you notice anything else? Keith