28th Feb 2017 - No FB in China! They have WB !

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
$50.85

 

Reason for Buy / Sell / Short / Cover:

 

1. Quarter announcement was good. Not sure why market is trashing it.
2. The stock was trying to make new high, but temporary retraced because of good quarter result (unbelievable) !!

 

Lesson Learnt:

 

1. Try to wait for retrace might buy you more margin.
2. This could be an example of "buy with rumors, sell with fact". Once good quarter report announced, they sell the stock instead.

 

Intraday Chart

Weibo Corp. Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Company provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It operates in two segments: advertising and marketing services and other services. It offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform, and notifications to notify users on Weibo account activities through short message service (SMS) or push notification on their device. It offers advertising and marketing solutions to enable its customers to promote their brands and conduct marketing activities. It offers its platform partners with tools and application programming interfaces (APIs).   04:46 PM EST, 02/22/2017 (MT Newswires) -- Weibo (WB) reported Q4 revenue of $212.7 million and non-GAAP earnings of $0.34 per share, both better than the analyst consensus of $210 million in revenue and earnings of $0.28 per share. For Q1, the company is targeting revenue of $185-$190 million, vs. the Street view of $182 million.

 

Historical Chart

28 Feb 2017 - Avalanche never give signal ahead!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	$5.58				25%	119 days

 

Reason for Buy / Sell / Short / Cover:

 

1. Stop loss triggered! Some stupid bad news came out.

 

Lesson Learnt:

 

1. Thank God my stop loss was in a good place, just before the avalanche!!!
2. I should have set my stop loss much higher, big portion of profit gone by the wind!

 

Intraday Chart

01:28 PM EST, 02/22/2017 (MT Newswires) -- Cemtrex (CETX) plunges 37% in heavy volume after a Seeking Alpha contributor said "the extensive use of the word "fraud" is entirely appropriate." He said it's highly likely Cemtrex will face delisting and go to effectively zero. Seeking Alpha also noted that on Monday, the company's banker Source Capital had its SEC and FINRA registrations terminated on Monday following multiple violations. Price: 3.23, Change: -1.89, Percent Change: -36.91

 

Historical Chart

24th Feb 2017 - The Grinch is back for WOR!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	48.57				1%	14 days

 

Reason for Buy / Sell / Short / Cover:

 

1. Stop loss triggered because some idiots sell at very low price at the beginning of the market open.
2. I need to protect my cost and a bit of profit.

 

Lesson Learnt:

 

1. Silly selling sometimes happen. Have to get used to such situation.
2. Such silly thing happen maybe because it was showing lots of weakness a day before.
3. Continue to pay close attention to this counter.

 

Intraday Chart

 

Historical Chart

17th Feb 2017 - Could this the YUMmy China trap?

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
26.80

 

Reason for Buy / Sell / Short / Cover:

 

1. The stock seems to be able to take the hit from its quarter announcement. Actually the announcement was on positive side, not sure why the stock was hit somehow.

 

Lesson Learnt:

 

1. Get out to protect my capital seems to be the correct choice.
2. Now I buy back at slightly lower price compared to my previous purchase.
3. Watch carefully, MACD still on downtrend.

 

Intraday Chart

 

Historical Chart

17th Feb 2017 - Too near to the Sun cause sun burnt!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	7.04				-0.5%	25

 

Reason for Buy / Sell / Short / Cover:

 

1. After buying it for 25 days, the stock has recovered back to my purchase price, but suddenly weakness set in again. I decided to protect my capital and sell it.
2. Normally for a company that is expecting good quarterly earnings announcement, the stock price should be reflect its strength.

 

Lesson Learnt:

 

1. That was a good call. After earning announcement, the price tank like submarine.
2. I was actually thinking about shorting it after selling it, but decided not to do that since it is too near to earning announcement.

 

Intraday Chart

 

Historical Chart

10th Feb 2017 - It is time to declare WOR !

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
48.08

 

Reason for Buy / Sell / Short / Cover:

 

1. The stock seems to be making a turn to positive.
2. There was a early sign of breaking the top trend line shown in the daily chart.
3. The MA line seems to be providing a good support to its price.
4. MACD showing uptrend.

 

Lesson Learnt:

 

1. Should have been patient for just one more day. It normally comes back to the MA line again before it moves higher.

 

Intraday Chart

 

Historical Chart

10th Feb 2017 - Yummy! But eat only if you can!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	27.00				0.3%	15 Days

 

Reason for Buy / Sell / Short / Cover:

 

1. Quarterly report looks good, but the stock was going to other way.
2. Stop loss got triggered.

 

Lesson Learnt:

 

1. Quarterly report might look rosy, but that doesn't mean stock price will reflect it the way you wanted it.
2. Keep monitoring this stock. It should be a good long term candidate.

 

Intraday Chart

 

Historical Chart