As for new investments, I decided to purchase in Rambus Inc. (RMBS), which issues technology licenses, as their stock has been seeing a steady increase in the days leading up to the release of their 1st quarter earnings report. Though it is currently near its 52 week high, the stock is relatively cheap and I'm confident that purchasing now will have large dividends if the report goes well. In the health sector, a pharmaceutical company known as BioDelivery Sciences International Inc. (BDSI) looks promising after opening the day with a positive gap of 13 cents per share. This gap could be the beginning of a rising trend.
Today's market shifts and totals:
- Agnico-Eagle Mines (AEM)- Open: $38.73 Close: $38.74
- Total for 50 shares: $1,937 ($4.50 gain)
- BioDelivery Sciences International Inc. (BDSI)- Open: $4.67 Close: $4.79
- Initial purchase: 230 shares
- Total investment: $1,101.70
- Rambus Inc. (RMBS)- Open: $6.35 Close: $6.80
- Initial purchase: 150 shares
- Total investment: $1,020
- Walter Energy, Inc. (WLT)- Open: $23.65 Close: $24.12 [After Hours]- $25.64
- After hours total for 50 shares: $1,282 ($95.50 gain)
- Treasury bond- $2,000
After 2 days of research and investment, I have made a total of $100 profit on my initial investments and have a sum of $7,340.70 in investment assets, with $2,759.30 left to invest. The markets look favorable.
No comments:
Post a Comment