Phantasmix Stock Market Blog

7 days ago I put together a list of what I thought were potential doubles.
The criteria was: price under $5 and above 50MA, market cap $200MM+.

Since then I’ve decided to pair down that list. I’ll “release” them as I gather more info

Here’s a couple of my “potential doubles” picks:

(LYG: 1.66 0.00%) Lloyd’s Bank, still like this one a lot

(SPP: 3.15 0.00%) Sappi Limited

By the way, what’s up with (VVR: 4.64 0.00%), Van Kampen Senior Income Trust?
It’s a closed-end income fund, with a 6% yield. I like how it’s rising. Do I have to be a senior to buy some? And if it’s closed-end does it mean it’s closed to new investment? Here are the fund holdings.

(LYG: 1.66 0.00%) Lloyd’s

Three attempts to get above resistance.

And today it’s finally above that level. Hopefully will build support here and go on to fill the gap.

• 13ema is turning up and should cross over 34ema soon.
• Oscillators and volume look good.

Twice I referred to my (BEE: 6.11 0.00%) target being around $4:
BEE post #1 and BEE post #2

I got out today at $3.90 (yes, seriously, 52-week high to the penny). Modest 40% return since October. Super proud because I have NEVER held anything that long with that kind of positive return

No plans to re-buy it. Got nothing against BEE, just undecided at the moment.

Next stock that I really want to succeed is (LYG: 1.66 0.00%).

Also, liking (PCC: 8.28 0.00%), PMC Commercial Trust with 8%+ dividend, but unfortunately it has no options.

In addition to LYG, still watching SPX/SPY.