Monday, April 29, 2013

Third Week End Results

Newsworthy topics that may benefit my gains are on the rise. BioDelivery Sciences recently appointed Tom D'Alonzo to their Board of Directors. Tom has over 30 years of experience in pharmaceutical and biotechnology companies, so this could take BDSI in a new direction. Netflix may also see incoming growth, if the opinions expressed in this article come to fruition. Apple investment in Netflix could mean easy profit growth if iPad sales go up, assuming the company includes a Netflix app with the bundle. These additional funds could in turn be reinvested in more original programs and copyrights, therefoe drawing in more customers.

Totals for April 26:

  • Agnico-Eagle Mines (AEM)- Open $32.96 Close $30.97
    • Total for 50 shares: $1,548.50 ($99.50 loss)
  • BioDelivery Sciences International (BDSI)- Open $5.46 Close $5.40
    • Total for 230 shares: $1,242 ($16.10 loss)
  • Netflix (NFLX)- Open $214.8 Close $215.55
    • Total for 15 shares: $3,233.25 ($27 gain)
    • Money earned from sale of 10 shares: $2,155.55
    • Total holds (5 shares): $1,077.75
  • MetroPCS (PCS)- Open $11.90 Close $11.89
    • Total for 51 shares: $606.39 ($3.06 loss)
  • Rambus Inc. (RMBS)- Open $6.43 Close $6.59
    • Total for 150 shares: $988.50 ($36 gain)
AEM has been underperforming, but I will make a hold/sell decision based on the next 2-3 days and the results of its Kootenay Silver holds. I decided to sel 10 shares of Netflix because I feel the tide could turn against the company at any moment, a typical buy low, sell high move. Total losses were %55.66, but agian, this is negligible if the right moves are made on Monday.

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