Tuesday, April 23, 2013

Start Week 3

After "talking with my financial advisor," we concluded that Netflix was a good purchase after all. I "purchased" it at its closing price of $174.37 on April 22 and it saw after hours gain of just over 23%, now valued at $214.03. Of course this transaction will include financial advice costs, but a minimal loss if the stocks perform well. This surge in activity may be due to more incoming customers after having added a nostalgic CartoonNetwork lineup to the service.

April 22 totals:

  • Agnico-Eagle Mines (AEM)- Open $33.01 Close $32.79
    • Total for 50 shares: $1,639.50 ($11 loss)
  • BioDelivery Sciences International- Open $4.98 Close $5.98
    • Total for 230 shares: $1,375.40 ($230 gain)
  • Netflix (NFLX) Close $174.37 After hours $214.03
    • Initial investment 15 shares: $2,615.55 After hours: Gain$3,210.45 ($594.90 Gain)
  • MetroPCS (PCS)- Open $11.11 Close $11.42
    • Total for 51 shares: $582.42 (15.81 Gain)
  • Rambus Inc. (RMBS)- Open $6.06 Close $5.98
    • Total for 150 shares: $897 ($12 loss)
Having purchased some stock in Netflix, my pocket money is now diminished from $2,898.78 to $283.23 and only $83.23 after advisor fees. As I said, after the worst week of 2013 last week, there really was nowhere to go but up as the first day of the week gave me a net gain of $817.71. A good investor knows to quit when they're ahead, so as long as I'm at least $200 above breaking even, I will hold on to all my current stock. It is probably for the best that I had few funds to begin the week because otherwise, I believe I would have taken an unnecessary risk with some purchases, including overindulgence in Netflix. However, the numbers are looking good and I'm making money, so there's nothing to complain about now.

No comments:

Post a Comment