Portfolio Updates
My actions as of late in regards to the market have been pretty sound and conservative. I haven’t done very risky trades, and I have leveraged myself to open for growth but in moderate amounts. With the market playing out as it has been, bullish, I have gained some more ground on my simulator portfolio. My positions of AMD, MRVL, NVDA, and SIRF are either up or about even for me which has taken my portfolio up about another $5,000 to almost $159,000 in total portfolio value. With almost 59% growth, I am still in 1st place overall, leading by a somewhat comfortable spread. I will continue to hold these positions for a good period of time, and any further action will be of course reported right here with my thoughts behind it.
Moving forward to my live portfolio over at Ameritrade Apex, I am pleased to see my newest position, GV, up after reporting strong earnings. The company is in a great performing sector and with penny stocks being so volatile, I took advantage of its spreads to get in at a competitive price ($.87 a share). The stock hit a high of $1.08 yesterday, but it is under some share exchange today bouncing around the mid $.90s. I am unsure of where it will end up here down the road with its odd behavior, but I am confident overall that I will be exiting with some profits.
Regards,
Moving forward to my live portfolio over at Ameritrade Apex, I am pleased to see my newest position, GV, up after reporting strong earnings. The company is in a great performing sector and with penny stocks being so volatile, I took advantage of its spreads to get in at a competitive price ($.87 a share). The stock hit a high of $1.08 yesterday, but it is under some share exchange today bouncing around the mid $.90s. I am unsure of where it will end up here down the road with its odd behavior, but I am confident overall that I will be exiting with some profits.
Regards,
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