Monday, June 16, 2014

Quick 6/16/14 Update

I did have two transactions today. I sold the IGT I had bought on Friday for a 2% gain. Then I added to my TZA position at $15.07. I had bought the TZA as insurance, but it was actually laughable as it was only 4% of my portfolio. Now it is 6.6%.

My portfolio continued to hum along today, up 62 basis points. RIOM, SNDK and GTAT were the big leaders.

I am very interested in TLM.  This was a stock mentioned on FMHR today and it certainly looks like options traders are betting on a takeover bid. Probably worth a flier tomorrow if it doesn't spike at the opening bell.

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