Falkin Investors

Tuesday, May 10, 2005

AXYX closure and New Account Balance

I got out of the rest of my 2,900 AXYX shares today at $1.23 which was a great closure to a trade that started last Monday. I rode it for an 8.8% gain (on part of my original shares). This is a big accomplishment for 7 trading days as my other pick also churned out 12%+ last week in 4 days. My total cost to do the whole cycle through AXYX was about $55 (2 orders to get in and 3 seperate orders getting out). I am excited to put another win in the column and up my record to 2 wins and 1 loss.

After all costs my account balance went from $9,759.63 to $10,175.68 which is a $416.05 gain; the biggest on the 10k portfolio as of yet. The 10k Portfolio now stands with 1.76% growth compared to the S & P 500 which has a .003% (Since Day 1 which was April 25th). I am very content and pleased with the results as of thus far. Now though it is back to the drawing board to draw up the next trade which I should hopefully have ready for tomorrow. I will probably post late tonight what I have come up with. If you have any questions about the AXYX play, the trades that made it up, or anything else feel free to email me. I will definately be at my computer for a few hours tonight, haha. Enjoy this beautiful day,

To the future,

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