Monday, July 15, 2013

Trader's diary - 15/7/13

By Smoking Gun

Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Added a new position today, 200,000 shares of OKH Global at 0.45 at 4.28pm. Shares closed a shade off my price at 0.44. Rest of the positions are status quo.


Made my decision to add OKH very late during the day mainly from the sudden surge in volume. That resulted in a heightened M of 329 very very quickly. Looking at the past few days of trade, M was lingering around the 40-60 mark and today's activity was 6X that of the said period which was highly significant. Liked the strong price movement that accompanied the surge in volume, coupled with a successful break of its 52 week high (BrH% = 105.88). MFI also steady with big jump today-always a good sign. Should be good, this one.

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