May 21, 2008

Market Comments Submitted by Nick at Ambitions as a Stock Trader

By admin

Rating 3.00 out of 5

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Submitted by My Ambitions as a Trader and Investor

Sold for Profit: FPP (sold 75% of my position for a +148.73% return), GEOI (+119%), PDO (sold the remainder of my original position for a 214% return. sold my last add on position for a +61.6% return)

Sold for Loss:

Holding: BEXP (+50.11%), CBRX (+18.75%), CDY (-3.21%), CLR (+39.42%), CPST (+18.97%), CXG (+1.65%), EGY (+11.25%), EPM (+41.48%), GSX (+28.70%), IVAN (+10.60%), LRT (+9.56%), MEA (+20.22%), MPET (+36.50%), MRB (+17.83%), RAME (+11.81%), ROYL (+31.76%), SCU (+15.33%), TGC (+31.50%), WHT (+57.87%), XIDE (+43.58%), ZEUS (+20.73%)

Kicking Myself for Missing: MXC (another big runner like PDO. Although I missed it, I did mention that I was watching it along with PDO. Instead of buying both, I decided to just go with PDO. Oh well.)

I will post more of my sells later on tonight/morning. I’m going to be a bit busy the next few days but I will try to post all the info by the end of the week. There are other strong holdings that I want to mention as well such as GTE, NOG, SUTR, TACT and many more. Most of these are profitable. Still, there are a few that have not worked out well. Despite this, for the most part, most of my recent buys and recommendations have been doing quite well.

Note: Notice that most of my current winners are part of the oil/gas industry. The rising oil prices have helped create a unique situation which has resulted in above average returns. The metals group has also been a high flier. This is evident in the gains attained by MEA, MRB, and ZEUS.

My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer

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