Friday 17 August 2012

Position Update

I am short Manchester United (MANU) at $13.71, Long Eni (E) at
$43.94, Long Novartis (NVS) at $ 60.02 and Long Total S.A (TOT) at $49.52.

Stocks I am Considering:
Main Street Capital (MAIN)
Nestle (NSRGY)
Heineken (HINKY)
GAMCO Gold ... Fund (GGN)

My most successful position is my Facebook short position I initiated at $28.83. Now at $19.21, it is a 33.4% gain for me. Still holding it with a target price of $14.40, which will give me a 50% gain.

Risks: The market is a few points away from its 2012 top and it may be risky for some.

Happy Trading!

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