Monday, May 21, 2007

Set It and Forget It

That's kind of how my portfolio has been running lately. I just keep adding to positions here and there, and it keeps growing in value.

GIGM reports tomorrow a.m., so I am looking to unload half my position in order to save myself from being cut off at the knees, a la AOB, should they have any bad surprises.

Other than that, you can see from my Stockalicious widget that everything I own is up, except for MVIS.

More later...

5 comments:

brent said...

Go VRTB. Writing was on the wall on this break out. I your patient, literally, you can find these once a month using the methodolgy I explained.

Woodshedder said...

Yeah brent, I was thinking about your methodology today. Thanks for the pick. Now I'm trying to figure out what's causing it to move.

Dogwood said...

Now I'm trying to figure out what's causing it to move.

Now Woody....system traders don't care about the why, just the move!

Ride the trend up, get off when it stops, and don't worry about the details!

brent said...

Well. The key ingredient to my "Methodology" is finding stocks that are undervalued(RV>1.4, VRTB has the largest RV out of all the stocks trading below $10 pps in VV @ 1.6 ) that are breaking out to a new 52 week high. So the reason it is going up is because it is extremely undervalued and people are taking notice, thus the the 52 week high. I'm telling you folks, this stuff isn't rocket science, just need the right tools.

Dogwood said...

I agree it ain't rocket science, but I also would argue that it doesn't matter why its going up, just that it is going up and that is reason enough to buy the stock.