LANC and VR

Yesterday we should have bought GIGM at around $4.43.

LANC and VR did not trigger our 1% trailing stop buy orders. I would suggest to re-enter the two orders for VR and LANC today, but after 10AM, so to skip the crazy market start.

Happy trading

Some new buys

Two actions for us today:

1. Let's update our BUCY stop to $46.65

2. After 10AM let's buy LANC, GIGM and VR with a 1% trailing stop buy order and the following initial stop loss prices:

• LANC: $45.11
• GIGM: $3.75
• VR: $23.39

GIGM sold with loss

GIGM did not go as we hoped.

It broke its stop loss so we sold it.

Buy price was around $6.53 and sell price around $5.64 for a 13% loss.

Current Portfolio

May 10th 2009

Symbol	Last Trade	Price Paid	Gain/Loss %	Stop Loss
ADBE	$25.42	$18.70	35.93	$23.32
ADM	$26.97	$25.40	6.18	$23.20
AFAM	$31.55	$17.41	81.21	$21.22
DECK	$59.00	$50.81	16.11	$54.23
ENDP	$16.34	$17.38	-5.99	$14.89
FLR	$45.17	$37.99	18.89	$36.61
FLS	$74.38	$52.57	41.48	$59.19
GIGM	$6.43	$6.53	-1.53	$5.64
IPHS	$15.81	$9.47	66.94	$12.21
MVL	$33.24	$24.35	36.50	$27.35
NCTY	$9.24	$9.30	-0.65	$8.10
NE	$30.90	$24.39	26.69	$26.04
NRG	$21.19	$18.98	11.64	$16.35
RECN	$19.77	$14.04	40.81	$16.49
TRLG	$21.97	$10.53	108.64	$14.01
VPHM	$6.03	$4.71	28.02	$4.82
WDC	$23.71	$16.20	46.35	$20.51

GIGM to watch

May 7th 2009

GIGM looks interesting. I am currently watching it and may decide to buy it soon.

Happy trading from
Humble Trader


UPDATE

I am going to buy GIGM today with an initial stop loss at $5.64