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Monday, December 20, 2010

ROSES ARE RED, AND SO IS MY PORTFOLIO

       Surprise! I told you last time there will be changes in my portfolio. My portfolio is now completely rosy. I sold all my PX this morning because it's not pretty seeing only one stock in green while the rest are in red. Haha! I'm just kidding. I sold it because I already gained more than 40% from my investment in PX and I need to have cash for bargain hunting. On the other hand, my bids for ALI and MBT were not hit because their prices didn't go down that much today. I need to lower down my AEP for ALI. The cash that I was able to raise today, I will used them for purchasing more blue chips that are on my watch list. 
       My head was aching when I woke up this morning, I hope it was not a side effect of letting go my PX. Anyway, I'll just buy some PX shares once it dips back down. I wonder at what PX price I should buy again... Join me while I search from forums, threads and FMS website. The challenge for me now  is to look for stocks that will lead my portfolio into the green zone.


"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™

10 comments:

RmR said...

may pambili na ng hamon! hahaha! profit is profit...

john316 said...

idol, nice move ginawa mo, VLL or FLI mag lower down ka kasi matatag parehas ang dalawa. stay ka muna sa ALI.

john316 said...

isa sa paborito kong novel ni James Patterson ang Roses Are RED, kaya naman napapabilib ako ni idol...ang sequel is violets are blue..ha ha ha

Anonymous said...

try smb,pcor and pnx

RmR said...

hi there anonymous! PCOR and SMB have very high P/E ratio already. i don't usually buy stocks having P/E ratio above 20. I already profited from PNX before though.

RmR said...

hi john316! tried posting barat bid for VLL a while ago but not hit. FLI, i'll wait for it to go down first. it's current price right now is almost the same with my AEP.

Anonymous said...

you are doing it the opposite way. sell the losers and keep the winners :)

RmR said...

thanks Anonymous for dropping by my blog and posting your comment.
selling the losers and keeping the winners should be for window dressing of fund managers right? please correct me if i'm wrong. i could still average down on my stocks. anyway i'm into medium - long term investing.

Anonymous said...

hi rmr, if that's how you define window dressing then it's a good way to always window dress your own portfolio.

the point is keep the stock that is showing you a profit. since that's a winner. sell losing stocks. why will you add to a losing position? pls consider :)

RmR said...

i could average down 'til the AEP is lower than the current price. that time i could sell them.
for the winners, after reaching my TP that's the time that i sell them. why would i keep them longer if after selling i could use the proceeds to buy other stocks that i could take profit the next time.

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