Monday, January 7, 2008

Roger's Increases doubles Dividend

I'm looking to buy 300 shares of Rogers this morning on news of solid 2ble digit growth and the doubling of their dividend. I'll look to buy right off the open, even though it gonna open significantly higher than Friday's close. I'll hope to see another $1 gain from its opening price.

TIM and ENG also look very strong in pre-market bids. Looks like I may have sold too soon on Friday. May get back in today.

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9:37

Held off on buying Rogers as it opened alot weaker than I thought it would. Price continuing to fall. Puzzled. ENG and TIM popped at the bell and look strong. I may look for an entry point again on these two.

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10:01

Missed out on a 20% gain on ENG today. Crappers. Just bought 3000 shares at 2.55 hoping the upswing will continue for another 10 cents or so. If the stock closes strong I'll throw a good chunck of change at it hoping it pops again tomorrow.

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10:10
unberlievable. ENG just hit 2.90 with strong momentum. Set a stop/loss for 2.75 for 1000 shares and will hold the others till my original entry price (2.55) is hit. This guarantees me a minimum of $200 for the day and will allow me to participate in any additional ENG rally.

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A little while ago.

Stop/loss was hit at 2.75 for my 1000 shares. Still holding 2000 but I expect my stop/loss at 2.55 will be hit also as its hard for any stock to hold on to such a big gain. May take a break till 3:30 and check back in on ENG's action.

My plan is, if its still held on to most of its gain I may try and buy 6000 shares at the close hoping for a pop tomorrow at the open.

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Stop/Loss at 2.55 was hit as well. Shit. I could've done a lot better Friday and today. ENG is back up to 2.75 again, up 71 cents. I'm trying not to get too down for leaving so much money on the table cuz (1) its better than losing money (2) the markets have been shit the last two days and (3) I try and keep all emotions out of my daytrades. Point number 3, above, by the way, is the 2nd rule of I Gets Money, Yo - never let emotions dictate your decisions. I'll elaborate later on.

Time to either watch some tv or download some porno

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