SWKS Closed, Again

It still feels like SWKS is struggling to get to new highs. Earnings estimates are static, and will probably remain so until they report earnings on the 23rd.

I put in a limit sell order that took quite a while to fill. The position closed with a 5.6% gain in less than a week. That's a year's gain for some asset classes so I'm happy with my modest (but quick) gain from gambling on an oversold bounce.

With earnings estimates mostly locked in I'm not scanning for new opportunities; but rather waiting for the earnings reports to come in. Less gamble, more visibility.

Holdings

Here's a listing my holdings (with no adjustment for options, portfolio weighting, etc.).

Let's hope next week's earnings reports and international news is good. This has been a meaningful correction but I'm ready to get back on track!

[finviz]

Moving Up?

I picked up some more INFN call options when it gapped up, slid back down and filled my order, then resumed the march up.

SEDG had an awesome 14% gain today which recouped a chunk of my losses. SEDG is once again my biggest position. My intention is (or maybe was) to keep building my position at these lower prices and sell off the higher priced lots when the next run fades.

SWKS moved up 6% which was nice as well.

We'll see what next week brings.

SWKS, more SEDG

I did well with my SWKS purchase - so far so good.

So of course I jumped the gun again with SEDGE. How long before I wish I'd bought more at that price?

There's still plenty more dry powder so I'll keep averaging down day by day.

Ouch!

Yesterday's session was brutal. Too bad I didn't hold off until 1130 (edst) to buy. But it looked like the tide was turning earlier - nice fake out. I could have got my INFN for almost 5% less.

I'm getting killed on SEDG which was my biggest position, now well behind AMAG. But SEDG's earnings estimates are holding and the P/Es have dropped, so I'll add more chunks and shore up the foundation a bit.

More INFN

I just added more INFN.

Everything is on sale. I just wish I had more time to do research. I'll keep buying a little more every day while it lasts.

TNK Added

I added TNK today. Low P/E, strong growth, rising estimates, good margins, and institutional buying. Not highly rated by analysts though. It bounced off of its lower channel line so I'm in.

INFN hit my limit buy price at the low of the day, but didn't fill. Maybe tomorrow.