Your Adarsh™

Letz mint some ‘ka-ching’

What I’m trading…and what I want you to trade?

Sold off whole position in CISG after hours yesterday.

CISG: Buy Price: $21.15 Sell Price: 23.60

Bought CML yesterday 11/5/2007.

Have to sell.

Covered short position on MPEL: It is ready to go up. Looking for some weakness to go LONG on MPEL.

MPEL Shorted at: $15.8 Covered at $13.8

Bought FSLR yesterday for a trade.

Sold 75% position just now at $166

Bought NZ at $12.5 and want you to BUY it tooooo

Will sell at $14.5

Buying HLYS for a very short trade anywhere below $7

Good Luck swinging

Your Adarsh

November 6, 2007 - Posted by | Blogroll

8 Comments »

  1. Bought CISG again at 20.85..just now…may be paid a few pennies more than I wanted…but will be selling it in the evening……

    Comment by youradu | November 6, 2007 | Reply

  2. Heelys isn’t ticking down to buy….my limit order at 6.80 is still sitting there…….
    Bought NZ at 11.8……position accumulation complete…..again ready for the ride up!
    Just sold off the remiaing FSLR tooooo

    Comment by youradu | November 6, 2007 | Reply

  3. Hey Adarsh! Are you buying any more? $11 is a good deal isn’t it?

    Comment by Justin | November 9, 2007 | Reply

  4. yes justin, as I talked to you……I hope you bought yesterday after the chat!
    Look at the charts!

    Comment by youradu | November 10, 2007 | Reply

  5. Adarsh,

    I entered CISG at high price of 23.00 ..what do u suggest ..hold or sell?

    Comment by tarun | November 11, 2007 | Reply

  6. Tarun,

    You should put stop losses for everything you buy….even if you are confident it’ll come back!
    That way it limits your losses.
    I see that you lost tooo much on this one. My advice would be to buy double the amount of stock around 10 – 10:30 on Monday and then sell that bunch on the short covering the same day by the end of the day around 3:00 3:30. That should minimise your losses probably!
    Please use stop losses on everything you trade.That helps in the long run.
    Good Luck swinging.!!!

    Comment by youradu | November 11, 2007 | Reply

  7. Hey Adarsh,
    Just wondering, did NZ reach your stop price? If NZ keeps up what its doing it will reach my stop price soon.

    If it did reach your stop loss, did you purchase more? Thanks.

    Comment by Justin | November 16, 2007 | Reply

  8. Justin as I told you the other day of our buying more….our average now on NZ stands at around 10.3 or so. So, we are not yet worried of the stop loss on this. Even if we had to put a stop loss we’ld have to put it at below 10% on some.

    Moreover, you didn’t tell me which brokerage you are trading with and what your commissions are!
    Good Luck

    Last trades :
    11/16/07 YOU SOLD
    COMPELLENT TECHNOLOGIES INC COM CML 2000.000 $15.1900 $30,380.00 $00.00 Margin

    Comment by youradu | November 16, 2007 | Reply


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