Get Trade Alerts

Signup for super-trades.com Free Email List!

Enter your Email


Preview | Powered by FeedBlitz
To subscribe to the Super Stocks Blog by RSS feeder click on :

Subscribe to: Posts (Atom)


Saturday, May 30, 2009

Saturday super-trades - SMCG 35% gainer so far - MRM to Continue - UTA New

1) SMCG - super-trades.com was in at $1.36 on May 21st Read Blog Post. SMCG finally started its move Friday, May 29th and hit a high of $1.95 for a 43% gain and settled at $1.84. I would think this reaches my targeted $2-$3 range (depending on momentum) next week.

2) MRM - Bought at $6.40 on May 19th. See Blog Alert. It hit at $11.40 Friday May 29th for a 78% gain. They had a fantastic earnings report Read MRM press release. The reported EPS of $0.29 for the quarter vs. a loss of $0.29 for prior year and also said next quarter will be strong (What more could you ask for?). They have a float of 1.5m and o/s shares of 2.9m See Bloomberg. I am sticking with this stock as I believe this is an exciting turnaround business with a tiny float like BOOM was in 2005 and DDRX this year. I believe the next wave of momentum is due and this will see $15-$20. I am in this originally from the $6's and have added a few along the way so I have the luxury and cushion to see this play out.

3) DIT - This shows that while I believe my strength is finding stocks that move, I certainly do not always trade them correctly. Bought DIT at $32 on April 23rd Read Blog Post. It hit $41 on April 27th for a 28% gain in two trading days. Sold half up in high $38's and was stopped out on the rest around $34. It ended up going all the way down to $29.04 on May 8th and now all the way back to $40 Friday, May 29th. Crazy stock - as low floats can be.

4) UTA - In at $7.65 on Friday May 29th. New listing on the NYSE Amex. Chinese travel agency with $1.20 EPS guidance for this year. I believe this could see momentum and get compared to CTRP, a Chinese travel stock with a high P/E. See Blog Post

5) AXK - This was a rare daytrade for me. I normally don't daytrade. I will always post my new ideas on www.super-trades.com (you can sign up for free email alerts at the top of the blog), however if I think it is going to be a fast trade I will just post on www.thelion.com (Best stock message Board out there !!!) and Twitter See lion.com post
See Twitter post . AXK came out with news on Thursday about a test for MRSA. These kind of stocks have been taking off (See OCLS last week) and I figured this would get play on the news. I entered at $2.35 and it shot over $3 very quickly. The volume slowed so I took profit around $3.10 for a 32% gain and I am done. Not a huge fan of daytrading but will do it if it makes sense to me.

Important - Do not buy stocks just because I do. I am far from 100% accurate and some of my ideas do not work out as I hope. If a trade goes against me, the key is to limit my losses and cut it off. Chasing stocks after they are already up big is usually not a good idea. Do your own research on these stock ideas and manage your own risk. This blog documents my stock ideas and is not meant as investment advice. (See disclaimer at bottom of blog. Low float stocks can be volatile Float definition .

Friday, May 29, 2009

In $7.60 UTA - New Chinese Listing - Travel Stock

UTA 13.9m Shares O/S per Bloomberg Bloomberg-UTA
Guidance for 2009 $1.20-$1.29 EPS Read Press Release
Read Last 10-Q


Universal Travel Group Celebrates First Day of Trading on NYSE Amex
About Universal Travel Group (NYSE Amex: UTA)

Universal Travel Group, a growing travel services provider in the PRC, is engaged in providing reservation, booking, and domestic and international travel and tourism services throughout the PRC via the internet and through customer representatives. Under the theme "Wings towards a more colorful life" the Company's core services include tour packaging for customers, booking services for air tickets and hotels, as well as air cargo transportation. In 2007, Universal Travel Group completed the acquisitions of Speedy Dragon, specializing in air cargo transportation; Xi'an Golden Net, specializing in travel packaged tours; Shanghai LanBao, specializing in hotel reservation; and Foshan Overseas International, a PRC-based company that handles domestic and international travel inquiries. Universal Travel Group's goal is to become the PRC's leading travel services provider in all fields of the tourism industry including the aviation, cargo, hotel booking and tour packaging segments. For more information about the Company, please visit http://us.cnutg.com .

Read Press Release

Universal Travel Group Announces Strong First Quarter 2009 Results
Posted on: Wednesday, 6 May 2009, 15:15 CDT

First Quarter of 2009 Highlights -- Revenue reached $17.4 million, up 72.4% year-over-year -- Gross profit totaled $6.3 million, up 123.3% year-over-year -- Gross margin was 37% for the first quarter of 2009, compared to 28% in the same period in 2008 -- Income from operations was $4.4 million, up 133% year-over-over -- Operating margin was 25% in the first quarter of 2009, compared to 19% in the same period in 2008 -- Net income was $3.3 million or $0.21 per fully diluted share, up 123.3% year-over-year from $1.5 million, or $0.12 per fully diluted share, in the same quarter of 2008 --

Fiscal Year 2009 Guidance

For the full year 2009, Universal Travel Group expects sales to increase from $76.8 million in 2008 to between $88.0 - $96.0 million, net income to rise from $14.5 million in 2008 to $16.8 - $18.0 million, and earnings per diluted share to grow from $1.11 in 2008 to $1.20 - $1.29 after the recent three-for-one reverse split.

Read Press Release

Wednesday, May 27, 2009

MRM a $15-$20+ stock - FIT new information - JVA 58% super-trades winner

1) MRM (which made a new high of $11.30 today (77% gainer from my original call), before pulling back with the market)
- One of MRM's closest competitor is ANEN. ANEN did $0.30 EPS in their last quarter Read Press Release and MRM did $0.29. ANEN closed today at $15.84 and has a target of $20 by some analyst with average EPS estimates of $1.02 for this year. Analyst Price Targets - ANEN
Analyst EPS estimates - ANEN

Both companies have the same EPS, the same bullish outlook on the future. As MRM gets noticed, I believe they will catch up to ANEN in price ($15-$20) and it rightly should based on performance. And if 1.5m float MRM has been getting shorted the last few days, it could surpass it.

RFMD, which is also in the same sector, today said demand is higher than expected Read Press Release. This sector is growing even in this economy.

2) FIT - Released a nice presentation today. Can you say Obama health care play?
Read Presentation

3) JVA - Hit $4.95 today, now a 58% gainer from the super-trades buy Read Blog Post

- Don't chase my stock picks - I am far from 100% accurate and www.super-trades.com is a free blog where I document my stock ideas/trades, it is not investment advice
- When up on a stock pick I always take some off to protect profit and manage the rest

JVA perks to 39% gain, SMCG ready, MRM to continue

Active Ideas - MRM, JVA, SMCG, FIT


Notes:
- Tracking several new ideas so be on the lookout for email blog alert trade ideas

- www.thelion.com (Wall Street Pit) is the best stock message board on the internet

- Chasing stocks is never a good idea. If I miss a good initial buy range I will wait until it pulls back or wait for the next opportunity. I do my own research and I am responsible for my own trades. I don't jump in stocks because any individual likes it. No one stock picker is ever 100% accurate (including me). If you make trades just based on an individual or their track record (including me), you may be jumping in on their one idea of the moment that does not work. My blog is to document my own trade ideas and how they perform. It is not investment advice.

- Core shares are bought as initial buy. Trading shares bought if stock is running and are sold for scalps. Core shares held if I believe in the future. Mental stops used on remaining shares core shares.

Stocks:
MRM - Bought at $6.40 on May 19th. See Blog Alert. It hit at $11.25 on May 22nd for a 76% gain. They had a fantastic earnings report Read MRM press release. The reported EPS of $0.29 for the quarter vs. a loss of $0.29 for prior year. They have a float of 1.5m and o/s shares of 2.9m See Bloomberg. It is thin and volatile so not for large positions or chasing. However, I will add if it sees a significant pullback as I think this has the potential for a DDRX or BOOM type move and go even higher. It should have 1-3 (may have happened already) slow or weak days before next leg up. Read Latest Blog on MRM

JVA - Bought JVA at $3.15 on May 6th See Blog Post. It hit $4.37 yesterday, May 26th for a 39% gain. Took some shares off over $4 and will use mental stops on the rest. The company is due to report by June 15th. I am thinking business is strong due to the relationship with GMCR.

SMCG - Bought at $1.35 on May 21sh. See Blog Post to find out why It got some decent volume toward the end of today, May 26th and closed at $1.41 (after a high of $1.46). This one looks like it is getting noticed and will target the $2-$3 range.

FIT - Bought at $3.50 on May 7th. See Blog Post It hit $4.49 on May 12th for a 29% gain. Still think this has room if you own from the $3.50 range. Health care play. Won't add but will let play out.

Monday, May 25, 2009

Why DDRX and OGXI keep going higher and MRM is next in line

DDRX is a coffee stock that closed at $0.41 per share on February 19, 2009. This Friday May 22, 2009 the same stock closed at $15.75 for a 3741% gain See Historical Prices !!!

On April 20, 2009 the Company reported a turnaround quarter of $0.25 EPS compared to a loss of $0.39 EPS the prior year. Read Press Release. That news sent the stock from $2.01 on April 20 to close at $4.44 the next day for a 121% gain. The stock did not stop there but continued to rise to close at $7.40 on April 29, the day GMCR reported earnings. DDRX's growth is tied to GMCR because they sell the K-cup packets for GMCR's Keurig coffee systems. GMCR's earnings drove to hit an intraday high of $12.28 and a close of $11.50 on May 7. For the next 3 trading days, May 8, 11 & 12, DDRX sold off and acted weak as can be, hitting the $8's on the May 11 & 12 to close at $9.89 on May 12. Since then the stock has continued to move higher to close at $15.75 this Friday May 22.

What is my point? This stock has continued higher for two reasons. Reason number one there is substance to the business turnaround ($0.25 eps) and the sector is hot (coffee brewed at home). Reason number two is because shorts keep betting against this stock which has a very low float. When this stock pulled back during May 8, 11, 12, people were betting against this stock because it had risen from $0.41 and they saw this as the first sign of weakness. It was during this pullback to $9 that I was pounding the table to buy at www.thelion.com where I also post. Shorts were arguing with me, saying DDRX is overvalued, has run up too high, and every other reason they could think of to convince people this stock was going down.

lion.com post 1
lion.com post 2
lion.com post 3

I ended up selling in the $13's and $14's and have a few freebies still riding this monster stock. DDRX is still going.

OGXI is a biotech that has gone from $8 to $21 in the last week. Yes, we know it is a completely different sector but same effect. OGXI is a biotech that had great results from a drug and is headed into ASCO next week for a presentation. So there is substance to the move but shorts continued to short it from the $9's because it has risen so much (as well as various other unsuccessful reasons).

Next is MRM , which I first called as a buy here at $6.40 See Blog Post on a fundamental turnaround in there business. The stock was as low as the $3's when earnings came out and it closed at $10.85 on Friday. MRM has a lower float and outstanding share structure than both DDRX and OGXI. Due to the turnaround in its business it has an EPS run rate after last quarter that could support a price in the high teens or $20's (with a reasonable historical P/E) like DDRX and OGXI. If we get a pullback on MRM, the shorts will be saying it is done because it has risen so much, however I will be buying on any pullback of substance, because just like DDRX and OGXI, I think MRM is going higher and we have only seen the first wave. If you missed my call at $6.40 I am NOT saying to chase it but watch for any significant pullback (I would send out alert if that happens). This company and its products are in demand (by the recent growth) and it now has EPS to support a higher share price.

An excellent momentum chartist that I follow, Picture of Power has said the same thing .See Picture of Power on MRM.

In summary, DDRX and OGXI keep going up because they had fundamental turnarounds of substance in their business that supported a higher share price and shorts kept betting against them. MRM is in the same category with a lower float and I am watching to see if we get any kind of pullback or just keep shooting higher.

Thursday, May 21, 2009

SMCG - super-trades.com Trade Idea

This morning the India Financial Sector assumed with market weight rating at Credit Suisse.

Election Results Fuel Optimism For Economic Reforms in India
By Rama Lakshmi
Washington Post Foreign Service
Thursday, May 21, 2009

NEW DELHI, May 20 -- Two days after India's Congress party was returned to power with a strengthened mandate, the country's sagging stock market experienced a record surge Monday amid such euphoria that trading had to be suspended.

The joy in the market, which has barely abated since, was due not just to the surprise verdict, which defied exit-poll predictions of a period of fractious coalition-building. Business leaders and investors were also celebrating the fact that the new government would no longer have to lean on India's communist parties for support and would be able to try again to launch far-reaching economic reforms that they had opposed. Read Article

SMCG is an undervalued way to play this.

Read SMCG Research Report

A section from that research report (following 3 paragraphs):

"Millennium India Acquisition Company is a closed-end fund whose sole asset is a 14.44% equity stake in SMC Group, the fourth largest financial services company in India. As such, its stock price should reflect a direct correlation to value of SMC Group. SMC Group has been experiencing rapid growth in an expanding economy, representing an increase in perceived value. However, Millennium‘s stock price has been declining in recent months, indicating a counterintuitive inverse relationship between the two.

One possible explanation of the sell-off in the marketplace is general investor fear with regards to the slumping US economy and, more specifically, the banking sector. Much of this can be attributed to the credit crisis and the collapse of the sub-prime mortgage industry. SMC Group, however, has minimal expo- sure to credit risk as it has very little debt on its books and takes a conservative approach to leveraging its assets. They have virtually no exposure to sub-prime mortgage risk as the Indian banking industry does not trade mortgage derivatives or have a sub-prime mortgage industry.

The most recently reported Net Asset Value (NAV) per share of Millennium India Acquisition Company is $3.40. As a rule of thumb, most publicly traded closed-end funds trade at about a 5% discount to their NAV per share. By these calculations, Millennium should be trading around $3.06. On the date of this report (3/3/09), the company is trading at $0.95, or a 69% discount to its NAV as opposed to the industry standard of 5%. There is no rational explanation as to why the stock is trading at such a steep discount to the company‘s NAV. Furthermore, it can be argued that Millennium should be trading at a premium to its NAV as they are the only US listed company that mirrors a direct investment in an Indian financial firm."

super-trades.com summary - SMCG trades at a discount to NAV. SMCG closed at $1.36 yesterday May 20, 2009. Based on the revived interest in the Indian economy/financial sector, the fact this is a unique way to play this on the nasdaq, and the discount to NAV, I think SMCG could trade to $2-$3.50 eventually from this level. Like JRJC was a way to play the Chinese financial makets, SMCG is a way to do the same in India.

Tuesday, May 19, 2009

Monster Quarter for MRM - Next DDRX?

Merrimac Industries, Inc. (MRM) engages in the design, manufacture, and sale of electronic components and subsystems for commercial, military, and high-reliability markets. Per Bloomberg it has a tiny float of 1.5m shares and 2.9m shares outstanding See Bloomberg.

Today MRM reported a monster turnaround first quarter of 2009. Sales were up 32% yoy and gross profit margin was 45%. Amazingly, MRM earned $0.29 EPS vs. a loss of $0.29 EPS last year. The CEO had a very nice comment regarding the upcoming second quarter. "Chairman and CEO Mason N. Carter commented, "We are clearly executing our new strategy well as reflected in the Financial Highlights. Fiscal year 2009 has begun with a strong first quarter. New orders met our internal targets; operating performance, as measured by our gross profit margin of nearly 45%, exceeded our plan. We anticipate the second quarter to have both strong incoming orders and operating performance."" Read MRM press release.

Like recent runner DDRX, which posted $0.25 EPS in a turnaround quarter and hit $15 so far from an open of $3.70 the day they reported the last quarter results, MRM appears to me to be an equal complete turnaround story with an even lower float. This stock reminds me of the stock BOOM in 2005 when it was around the same price range as MRM today ($8.35 close - May 19) and had a major turnaround in its business and went on to become one of the best performing stocks of that year. If this quarter is an indication of a new EPS run rate, then MRM could be on the way to $1-$1.20+ EPS for 2009. If I were to apply a 20 P/E for that EPS range due to growth I would get a share price of $20-$24. (I am not saying that is where the stock is going)

I bought MRM at $6.40 today May 19th. See Blog Alert. It closed at $8.35 for a 30% gain.

DISCLAIMER : MRM is thin and will be volatile due to its float. In my opinion, it is NOT a stock to chase or have a large position in. That being said, I am long this stock from $6.40 and will add on any significant pullbacks to that range as I believe this has the potential to move much higher like DDRX recently has on its similar turnaround. No stock picker is 100% accurate ( I certainly am NOT) and there is risk in every trade.

super-trades.com Update

Active - MRM, FIT, JVA
Closed - VIFL, DIT

- Be on the lookout for earnings plays. Strong YOY beat and good forward comments. I am working on a new play or two and will post DD soon.

- Core shares are bought as initial buy. Trading shares bought if stock is running and are sold for scalps. Core shares held if I believe in the future. Mental stops used on remaining shares.

- I don't ever hold size of a stock into earnings reports. On exception I will at times hold small positions where I have a cushion or I accept the worse case scenario. (earnings miss or bad news forward)

MRM - Bought at $6.40 today May 19th. See Blog Alert. It closed at $8.35 for a 30% gain. They had a fantastic earnings report Read MRM press release. The reported EPS of $0.29 for the quarter vs. a loss of $0.29 for prior year. They have a float of 1.5m and o/s shares of 2.9m See Bloomberg. It is thin and volatile so not for large positions or chasing. However, I will add if it sees a significant pullback as I think this has the potential for a DDRX or BOOM type move.

FIT - Bought at $3.50 on May 7th. See Blog Post It hit $4.49 on May 12th for a 29% gain. Still think this has room if you own from the $3.50 range. Health care play. Won't add but will let play out.

JVA - Bought JVA at $3.15 on May 6th See Blog Post. It hit $3.89 that day for a 23% gain. The company is due to report by June 15th. I am thinking business is strong due to the relationship with GMCR. JVA closed at $2.49 today on May 19th. (Original buy $3.15)

DIT - Bought at $32 on April 23rd See Blog Post. It hit $41 on April 27th for a 28% gain in two trading days. Sold half up in high $38's and was stopped out on the rest. I am all out of DIT for now. Will watch to see what they put out in the next report. DIT closed at $34.13 today on May 19th. (Original buy $32)

VIFL - Bought at $1.35 on March 27th Read Blog Post. It hit $3.00 on April 13th for a 122% gain. It has since pulled back under $2. Earnings were good as they reported $.07 vs $.02. However they lost a customer due to relocation (25% of sales) and are working to make up the sales. This is why I never hold stocks into earnings reports as a general rule (Unless it is small and I have a big cushion). All out of VIFL for now. It will take food irradiation news or news that they replaced the lost customer to get my interest here again. VIFL closed at $2 today on May 19th. (Original buy $1.35)

in MRM at $6.40

In MRM at $6.40 on this amazing quarter Read Press Release

1) Turnaround Quarter $0.29 EPS vs a loss of $0.29
2) Strong comment by the CEO about next quarter
3) 1.5m float 2.9m shares o/s

Thin and volatile. Not for chasing or large positions.

Sure does remind me of the stock BOOM when it first turned around and took off.

Thursday, May 14, 2009

super-trades Update

Active - MRM, FIT, JVA
Closed - VIFL, DIT

- Be on the lookout for earnings plays. Strong YOY beat and good forward comments. I am working on a new play or two and will post DD soon.

- Core shares are bought as initial buy. Trading shares bought if stock is running and are sold for scalps. Core shares held if I believe in the future. Mental stops used on remaining shares.

- I don't ever hold size of a stock into earnings reports. On exception I will at times hold small positions where I have a cushion or I accept the worse case scenario. (earnings miss or bad news forward)

MRM - Bought at $6.40 today May 19th. See Blog Alert. It closed at $8.35 for a 30% gain. They had a fantastic earnings report Read MRM press release. The reported EPS of $0.29 for the quarter vs. a loss of $0.29 for prior year. They have a float of 1.5m and o/s shares of 2.9m See Bloomberg. It is thin and volatile so not for large positions or chasing. However, I will add if it sees a significant pullback as I think this has the potential for a DDRX or BOOM type move.

FIT - Bought at $3.50 on May 7th. See Blog Post It hit $4.49 on May 12th for a 29% gain. Still think this has room if you own from the $3.50 range. Health care play. Won't add unless pullback to $3's but will let play out.

JVA - Bought JVA at $3.15 on May 6th See Blog Post. It hit $3.89 that day for a 23% gain. The company is due to report by June 15th. I am thinking business is strong due to the relationship with JVA. JVA closed at $2.49 today on May 19th. (Original buy $3.15)

DIT - Bought at $32 on April 23rd See Blog Post. It hit $41 on April 27th for a 28% gain in two trading days. Sold half up in high $3o's and was stopped out on the rest. I am all out of DIT for now. Will watch to see what they put out in the next report. DIT closed at $34.13 today on May 19th. (Original buy $32)

VIFL - Bought at $1.35 on March 27th Read Blog Post. It hit $3.00 on April 13th for a 122% gain. It has since pulled back under $2. Earnings were good as they reported $.07 vs $.02. However they lost a customer due to relocation (25% of sales) and are working to make up the sales. This is why I never hold stocks into earnings reports as a general rule (Unless it is small and I have a big cushion). All out of VIFL for now. It will take food irradiation news or news that they replaced the lost customer to get my interest here again. VIFL closed at $2 today on May 19th. (Original buy $1.35)

Thursday, May 7, 2009

FIT

In FIT at $3.50 New LZR type play $0.10 EPS last night

HealthFitness Announces First Quarter 2009 Financial Results

* On Wednesday May 6, 2009, 4:05 pm EDT



- Diluted EPS of $0.10 versus $0.03;

- Record high 42 requests for proposals received;

- Health management segment revenue grew 13 percent;

- Health coaching and advising services revenue increased 79 percent;

- Gross margin expanded to 33 percent from 29 percent;

- Net earnings increased 209 percent to $1,003,000 from $325,000;

Wednesday, May 6, 2009

JVA - Coffee Stocks Hot

In JVA from the low $3's. Coffee stocks have been on fire. They did $.07 eps last quarter. They have a 2.2m float (per Bloomberg). They have a relationship with GMCR which has had incredible growth.

From JVA 10-k we have a 17-year relationship with Green Mountain Coffee Roasters, our largest wholesale green coffee customer.

I won't chase but in from low $3's.

Out rest of LZR

Sold out rest of LZR from the $5's. It has been a great ride as this was a 100% super-trades winner twice. May revisit in the future.

DISCLAIMER

super-trades.com is simply a blog that has information on stocks that the author Superman, likes or may trade. The author may, and usually does have positions in some of the stocks discussed on the site or in email alerts and is under no obligation to disclose the size of the position or the time that it was acquired. The author also reserves the right to buy or sell at ANY time before during or after it is mentioned on this site or an email alert, with no notice or warnings. The posts are not at all intended to be recommendations for anyone else to buy, sell, or hold. Investors should not rely on the information given by this site to make investment decisions.


No contributor of the his site is a registered investment advisor or a broker / dealer. We DO NOT recommend whether to buy, sell, or hold securities . Although we believe the information on this site to be accurate, we DO NOT GUARANTEE the accurateness and completeness of statements made regarding stocks discussed on the site or in email alerts.

The performance section provides information to the public on selected stocks profiled by this site. Past performance should not be used as an indicator of future performances. We try the make the past performance section as accurate as possible but DO NOT GUARANTEE that the information is accurate.

This web site and all email alerts sent by this site contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will," "anticipates," "estimates," believes," or statements indicating certain actions "may," "could," or "might" occur.

If any part of this disclaimer is not clear, please take the time to consult an attorney or investment specialist. Please take caution in all investment endeavors and good luck to all.

Again, My messages are not investment advice, investment solicitation or the like. Do not take action based on my messages. I do not guarantee or make claims to the accuracy of anything I post. I may buy or sell any securities I mention at anytime, even prior to posting. It is my opinion, that individuals should perform their own due diligence before investing in any stock at anytime and not base decisions on messages posted by other individuals. Individuals should assume 100% responsibility for their own investing. My messages are for my own entertainment only. LOW FLOAT stocks in particular can be volatile and are not for new traders in my opinion. I am not a registered investment advisor in any shape or form, please do not ask me for ANY investment advice.

Welcome to super-trades.com, blog home of Superman. Purpose of this blog is for me to discuss my trades and stock ideas (As well as opinions and rants on stock market related issues). I will mention the date and price I enter. As far as exits, I always try to take half off when I have some profit and if I believe in the stock, let the rest run further. I always also use mental stop limits, at which time I would exit and minimize any losses. I do not like to give price targets unless I can support them by P/E in some way or by comparison to another stock. I just post stock trades and ideas that I believe will go higher (or lower for shorts) and the reason I believe that. Individuals should have their own strategies for managing profits and losses. My stock picks tend to NOT be daytrades at all and many take time to move. I am not an investment advisor and this blog should not be considered or followed as investment advice.