In the News

As of Tuesday, April 23, one of my holds, Agnico-Eagle Mines (AEM) has become an investor in a developing company, Kootenay Silver Inc. which mines in Mexico and Canada. Due to this capital investment, the company now has access to new resources that could potentially increase their presence in the mining industry, leading to consistent/sustainable growth for both companies. More here. Meanwhile, MetroPCS shareholders held a vote that resulted in favor of a merger with the 4th largest phone carrier in the U.S., T-Mobile. Details

April 24 totals:

• Agnico-Eagle Mines (AEM)- Open $32.57 Close $33.25
• Total for 50 shares: $1,662.50 ($34 gain)

• BioDelivery Sciences International (BDSI)- Open $5.29 Close $5.41
• Total for 230 shares: $1,244.30 ($27.60 gain)

• Netflix (NFLX)- Open $216.99 Close $216.72
• Total for 15 shares: $3,250.80 ($4.05 loss)

• MetroPCS (PCS)- Open $11.69 Close $11.77
• Total for 51 shares: $600.27 ($4.08 gain)

• Rambus Inc. (RMBS)- Open $6.04 Close $6.17
• Total for 150 shares: $925.50 ($19.50 gain)

I believe the numbers speak for themselves as they gave me a $81.13 net gain on Wednesday. I decided however, that if Netflix value drops more than $2, it may be the sign of a downtrend, in which case I will sell 2/3 of my holds. Nothing left to say now as I await Thursday results.