Thursday, September 9, 2010

TBSI

From time to time I will examine individual stocks and look for feedback from all you readers on your thoughts on it's value. I bought TBSI last summer. It looked like a good play, I felt that exports could really take off with a weaker dollar and a global recovery hopefully right on the horizon. Well that recovery has not necessarily panned out yet, we've had better earnings from some companies but others are still struggling. It hasn't been above that level since I've bought the stock. It got below 6 which lost me about half that value I paid for the stock this last march but it had a good run, as well as the overall market until may where we have slowly declined back into the mid $5. I feel like they are well positioned because they bought some assets pretty cheap but the price continues to suffer. Their second quarter revenue increased 54% compared to it's dismal earnings in the 2nd quarter of 2009. It is hard for me to bite the bullet and take the loss and move on because I still feel like it just needs one piece of good news to push it back over $10.

In my portfolio overall, I feel like I have too many large caps and not near enough small caps but so far, the small caps have not created much value for me.

9/9/10

Market higher, off it's highs. Better than expected jobless claims report has not supported higher trade. Commodities are also higher. I touched yesterday on trading fees, E-Trade is $9.99/ trade. What are other big companies doing on their commission? Schwab is 8.99 is what the commercial is saying that is on right now. That's probably with a minimum balance. E-trade is 12.99 until you get to $5K. Has anyone changed brokers and how easy is it? Do you have to liquidate your positions?

Wednesday, September 8, 2010

First Post

I'm going to use the blog to talk about my stock trading activities. This will include investing ideas such as individual stocks, account ideas or just anything at all. I'd love to hear your comments and helpful advice. I'll probably gain more from you than you will from me.

Today's trade - sometimes things work the way you intended
Sold Apple at 261.50. I bought 5 shares within the last couple weeks at 237.50. We've had a good run the few weeks so I cashed in the $100 gain. Transaction fees really eat you up when you're trading such a small quantity but a gains a gain.

The stock has been up and down lately within a $30 dollar range so I wanted to take advantage of that. I'm a buyer again at $245. I'm long some shares that I bought about at year ago @ $205. I really like this stock and long term I want to be long but with 10 shares in my Roth, it was a too big of chunk of my portfolio. Plus I like the products, I think Apples first dividend should be a new nano for every stock holder.