Thursday, May 2, 2013

May 1st, Fresh Start?

"Gold stocks on the move;" despite a prospective drop in the expected price of AEM from $54 to $39, the market has been in favor of gold. Although this particular stock has created a loss in my investments, I will wait until I consult my financial adviser, Patrick Cross, before making any moves. As T-Mobile closes its acquisition of MetroPCS, I can expect a soaring price which may close my business with them after turning a profit, details here. There has been little other news that has shaken overall stock prices.

Totals for May 1st (Since April 29th):


  • Agnico-Eagle Mines (AEM)- Open $31.40 Close $31.54
    • Total for 50 shares: $1,577 ($7 gain)
  • BioDelivery Sciences International (BDSI)- Open $5.66 Close $$5.47
    • Total for 230 shares: $1,258.10 ($43.70 loss)
  • MetroPCS (PCS)- Open $16.29 Close $16.50 Previous Close $11.84
    • Total for 51 shares: $841.50 ($237.66 gain since April 30)
  • Netflix (NFLX)- Open $215.66 Close $212.84
    • Total for 5 shares: $1,064.20 ($14.10 loss)
  • Rambus Inc. (RMBS)- Open $6.96 Close $6.84
    • Total for 150 shares: $1,026 ($18 loss)
I will be meeting with my mentor later today to discuss my investment progress. In short, I believe I've done well so far for a first-timer, but that remains to be seen. After consulting Mr. Cross, I may lose some holds and/or gain others. That remains to be seen.

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