Friday, May 10, 2013

StockLog: May 6 - 10 2013

Written : May 10, 2013 writng while in front of tv.

This week has been very busy week for me for there were tasks in the office that needed to be done. I was also searching for learning materials on the new knowledge that i want to acquire. Not related to stock trading/investing but on my first love, software development.

So, i'll just write what i can remember what i did this trading week.

* was disappointed with BLOOM during the first few days of the week but had some light today (Friday) as it reached 12.36. I'm writing using ipad so i don't have the chart to comment on. But i still believe in my plan on this stock since i heard that broker houses throw a BUY this week.

* FGEN hit me hard this week but unable to cutloss on my plan since was not focused on the market during the time it went down. I am not sure if the companies under FGEN was affected by the massive blackout that occur in Luzon. Well, it showed a little life today but closed unchanged.

* Lucio CO took over MMI this week as another holding company fot his business aside from the companies that will be in APM(COSCO) by next week. I traded MMI but lost since the price went down. I just executed my plan on this. Well the good this was "Plan your Trade and Trade your plan" saved me from being toasted.

* I had a very good trade with another Lucio Co company, APM. Aside that it recovered my losses from MMI, it also gave me bonus profit. I believe there's still momentum on this stock so i'll just prepare myself for next opportunity comes next week.

* I had sent a false alarm to my broker (COL) that there was a discrepancy in my account. Sent them screenshot of my port and even called them to followup. But found out that the discrepancy was caused by my IPO subscription on AUB. (Yes, I forgot! ^_^ ). Speaking of AUB ipo, listing will be next week, May 17. Based on feedback that i read forums, a lot of good news on the stock. But of course, the real thing will be on the IPO.

* oh, i almost forgot that the PSEi had its 29th record high this year. It closed 7,262.380


Next week would be another exciting week. Election result , IPO , COSCO and other market force may push the PSEi to trade at 7,300 level.

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