It is now Day seven and here is where the stocks sit:
1) INTC - 405 shares - $8444.25 purchased 12/11/6 at $20.84 per share. Current price $20.96
The INTC shares went from $20.84 on purchase to $20.96. This is a gain of $0.12 per share which results in a net gain of $48.60.
2) T - 300 shares - $10404 purchased 12/5/6 at $34.68 per share. Current price $35.66
The AT&T shares went from $34.68 on purchase to $36.00 when my sell order kicked in This is a gain of $1.32 per share which results in a net gain of $396.
I'm going to pull my buy at $35.50 order and leave the cash on hand for now $10,800
3) YHOO - 38 shares - $1042.34 purchased 12/5/6 at $27.43 per share Current price $26.90
The Yahoo shares went from $27.43 on purchase to $26.90. This is a loss of $0.53 per share! Which results in a net loss of $20.14.
4) IQWB - 58 shares - $9.28 purchased 12/11/6 at $0.16 per share Current price $0.10
The IQWB shares went from $0.16 on purchase to $0.15. This is a loss of $0.01 per share which results in a net loss of $0.58.
I'm still planning to sell this one once it hits $0.20 again!
The value of my portfolio now stands at: $20319.80 which means I have made $319.80.
I'm sitting on $10,800.10, what should I buy?
This may be a risk as the stock is trading quite high right now but... I'm going to go with Hasbro.
5) HAS - 399 shares - $10776.99 purchased 12/18/6 at $27.01 per share Current price $27.01
It might be late in the season to go after a game/toy manufacturer but I'm willing to make that gamble. I tend to believe that October is the time to get in on stocks that benefit greatly from the holiday season, let's see if I can at least squeeze some cash out of this one. In fact, I'll place a sell order at $27.51 on this stock. That would make me just shy of $200 on the deal.
I now have $23.11 left.
DISCLAIMER: I am not a stock market analyst. Following the suggestions in this series of articles is done at your own risk. The buying and selling of these stocks, in regards to this series of articles, is entirely hypothetical as no money ever changes hands. Before you invest in any stocks or bonds please take some time to talk to someone who knows more about the market than I do!