An Experiment In Not Losing Too Much Money

[Snow Leopard]

The theory that we settled for was, if I recall correctly, that we would buy stocks that set a new 12 month high on the previous trading day.

So the only three ASX300 constituents which have defied the current doom & gloom and penetrated the stratosphere on Friday were:

IPH - IPH - on the up since listing less than a year ago;

OML - Ooh! Media - also on the up since listing less than a year ago and with a silly name!;

UXC - UXC - a month into some sort of a break out.

Lets buy one.

Best Wishes
Paper Tiger

[Snow Leopard]

So the plan to 'buy' one of IPH,OML or UXC on Monday went out the window.

I managed to hurt my back whilst tackling a tuna (very appropriate for a Tiger).
The embarrassing part is having to admit that the tuna was in a small (185g - net weight 130g) can .
But seriously the pain is not enjoyable.

But yesterday the the same three all set new highs and we have just bought 1065 of OML at $3.10 each.

I will update the state of play (this post) later.

<update bit>

Trade #9:
Date: 09-Sep-2015
Buy 1065 ASX.OML (Ooh! Media) for $3301.50 ($3.10 each)
brokerage of $15.37
total is $3316.87

Minimum No-Loss Sell Price: $3.13

Maximum Risk Amount: 9.8% of buy.
Initial Stop Loss at $2.74 (a loss of $414.14)

ASX-OML-20150909.PNG

In the real world I really would not buy this as it has gone up rather quick, but and will try to keep a close watch on it.

</update bit>

Best Wishes
Paper Tiger

[Snow Leopard]

I have fiddled with the format slightly:

EXP-20150911.PNG

But we have had a good week despite being late on our buy of OML.

Currently sitting on a Gross [unrealised] wind-up profit of $3,206.21 or 12.81%.

Best Wishes
Paper Tiger

[Snow Leopard]

No buys and no sells.

CSV looking the weakest at the moment but not yet on the block.

RMD dividend now in the bank.

Slight increase in 'profit'
.
There was the intention to deploy some of that spare cash, but I never got a round tuit.
Maybe next week

EXP-20150918.PNG

Best Wishes
Paper Tiger

[Snow Leopard]

So today 509 VOC (Vocus Coms) were bought at $6.49 each.
They set a new 12 month high yesterday having been on the up for about a month and hopefully will continue upwards.

Of the rest ASB, CSV, HSN & OML have all moved up this week and SRX has slipped slightly. OML is now back to the original purchase price.

They all get to stay in the portfolio for a while yet subject, of course, to satisfactory price behaviour.

The SPO dividend would be paid today so is now cash.

And so the portfolio value has increased again this week, even with the discovery that I was double counting pending dividends in the Windup Total (what a silly billy I can be ).

EXP-20150924.PNG

Best Wishes
Paper Tiger

PS: One week I will remember to change that report date

[Snow Leopard]

Those VOC we bought on Friday are gone at $5.79 each.

Strange that even when running a theoretical portfolio I can still affect a real ASX300 share .

Best Wishes
Paper Tiger

[Snow Leopard]

Bought 829 ISD @ $3.985

Details & weekly wrap-up tomorrow

Best Wishes
Paper Tiger

[Snow Leopard]

Not such a good week last week as VOC dived into the sell zone two trading days after buying it and following the rules it was sold...

...and then in bounced back some of course.

So here we was:
EXP-20151002.PNG
A few dollars poorer.

Best Wishes
Paper Tiger

[Snow Leopard]

More down than up



Best Wishes
Paper Tiger

[Snow Leopard]

Sold the SRX today: 174 @ $32.01 so $5569.74 less $15.37 brokerage

Gross profit: $2,233.00.

Now have $8836.27 cash - must buy something new .

Best Wishes
Paper Tiger