Month: December 2010

I no longer recommend InvestorsUnderground.com stock chat

My InvestorsUnderground affiliate link redirects to this page. I stopped using InvestorsUnderground stock chat in December 2010 and I stopped recommending the chat at the same time. I do not recommend products or services that I do not use. This should not be considered a recommendation against IU chat — I simply don’t know enough to have an opinion anymore.

My old affiliate link now redirects to this page.

[Post updated 7 November 2018]

Disclosure: I used to be an affiliate of InvestorsUnderground (IU) stock chat, for which I received 50% of a new subscriber’s first month’s payment and 25% on an ongoing basis. I have not received any affiliate payments from them since December 2010. I am no longer a member of InvestorsUnderground stock chat; my membership ended at the end of 2010. I had subscribed to IU since its inception at the beginning of 2009 and I paid the standard rate of membership for charter members, which was $99/quarter (I also was a member of the free predecessor chat, Green on the Screen, for 6 months starting in summer 2008). From 2009 through 2010, I received a total of $5,720.39 (net of Paypal fees) from Pietro Rossa Trading (the Nevada corporation through which Nate Michaud runs InvestorsUnderground). This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Trade recap for December 21st: A missed bounce play

Nothing too exciting today except for a missed opportunity on a bounce play.

Daily profit: $176.32

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Trade recap for December 20th: Why ISCO moved so much the last few days

Software problems were compounded by mental errors, leading to a bad day.

10:56:14    TNGS    B    1.91    2000    NITE
10:56:32    TNGS    S    1.85    100    NITE
10:56:37    TNGS    S    1.85    400    NITE
10:56:37    TNGS    S    1.85    500    NITE
10:56:44    TNGS    S    1.85    500    NITE
10:56:47    TNGS    S    1.85    500    NITE

+    SLD    5,000    ISCO    false    Stock    2.290    USD    SMART    09:35:59        25.00        null
SLD    500    ISCO    false    Stock    2.2960    USD    ARCAEDGE    09:36:03        2.50        null
BOT    1,500    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        7.50        null
BOT    2,000    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        10.00        null
BOT    2,000    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        10.00        null

Daily profit: ($249.50)

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

 

Trade recap for December 15th

Daily profit: $9.01

I shorted the BestDamnPennyStocks pump SMCE and made back the $1k or so unrealized loss from being short that during the pump, despite covering way early.

 

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Trade non-recap for December 13th and December 14th

On Monday I had a nice short on HHWW that I covered way too soon and I lost just under $300 buying the IDEH pump.

 

Profit on December 13th: $1,837.84

Profit on December 14th:$58.06

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Trade non-recap for December 10th

Back in the black for the week. For those who care, I closed by account at the proprietary trading firm BroadStreet Trading.

Daily profit: $688.88

Weekly profit: $590.83

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.