Today was a nice change from the last few days and even couple of weeks. I saw some gains, and big ones too! Most notably in my Stock Wars account which only had one pick stay in the red and I kicked it to the curb pretty early in the day.
I actually ended up staying up all night to ensure that I was able to call my wife's doctor first thing in the morning. To kill some of the time I did some research and came up with a few stocks with strong FOUS patterns. I then kicked off my day with a first for me... watching the opening bell. It was a fun way to start the trading day.
My two biggest gainers of the day were $WTSL which I'm still holding on (SW), (GTL), and (PS1000)... and a stock I think is a pump & dump, $ECRY.
I made a fast 10% gain on ECRY yesterday on a small long position and added big today when I found that another press release was issued (3rd one in a row) and bought 20,000 shares with my (SW) account. The stock jumped to around 11% and I pulled 15,000 shares for a nice big profit. The I decided to bail the other 5,000 share for the profit and just get out... that's when (SW) had a bug in the game and no matter how many sell orders I sent the last 5,000 shares would not cash in. For a second I panicked when the stock dipped into the red and I was losing, but in the end the stocked closed with a 4.55% gain and it's in the green again. Hopefully I can get it to close on Monday with a gain still. GLAD THIS WAS A PAPER TRADE!!! if a real broker did this with real money I'd be pissed!!!
Biggest loser of the day for me was $NIHD which I entered around $0.68 and cut it loose at $0.60. I had a large position of 20,500 shares and just couldn't stomach the loss. I wouldn't be surprised if it turns into a gain in the $0.70 range but oh well.
Starting Monday I'm going to start posting my positions before the market opens. I don't know if anyone is reading this, but maybe if there is, it will help them. That way you can learn from my losses and gains.
End of Day Update:
Stock Wars: $100,224.75 +0.22% for a gain of $1,981.00
Penny Stocks 1000: $545.45 -45.46% for a gain of $35.31
Growing the Lincolns the Game: $428.92 -14.22% for a loss of $37.63
End of Week 4:
Stock Wars: $100,224.75 @ 0.22% = $224.75 profits
Penny Stocks 1000: $545.45 @ -4546% = $454.55 Losses
Growing the Lincolns the Game: $428.92 @ -14.22% = $71.08 Losses
Total for Week 4: -$300.77 Losses