1/5 MOJO SWING TRADE NEWSLETTER - FULL PORTFOLIO UPDATE

Published: Tue, 01/05/16

Tuesday January 5, 2015
Hello MOJO Swing Traders,

Watch list picks are all about doing nothing this week. The markets were down 450 yesterday to come back some and same today down 100 points to come back to green and back to red. Very volatile if ya know what I mean.

Model Portfolio Picks Update:

Medical Marijuana (MJNA)= Long term holder - position was half closed into last run ti $.56 - will look to rebuy some on any weakness. 

Oxysure Systems (OXYS) = Long term holder - avg $.32 - not adding just holding - waiting on future news reports. All still positive.

Vringo (VRNG) = Long term holder - avg $2.90 stock last week was $2.92 - next time rallies up there sell half to 3/4 and hold rest. If goes thru $3.00 have half to 1/4 left if drops back like did here to $2.40 can rebuy and have the box going where buys are under $2.50 and sells over $2.90.

UVXY (UVXY) = Long term holder for covered call writing - been doing this for over 2 years now on this stock. No change have $31 strike premium $3.30 expires 1/15

Viggle (VGGL) = position down 43% - prospects are not that bad - so rather than dump it and take loss - MOJO will add here .35< and look to sell back half over $.40 on way back up. It's most probably a loss lets see if we can make it little better or not. 

Digital Turbine (APPS) = position down 13% - Avg $1.55 now at $1.35 adding some here get avg to $1.50< . 

Netlist (NLST) = position down 2% - Avg $.94 now at $.92 - No Change 

Command Security (MOC) = position up 1% - Avg $2.32 now at $2.35 - No Change

GEVO (GEVO) = position HALF closed high $.74 now at $.67 Cost $.64 - Holding 

Pan AmAmerican Silver (PAAS) = position 3/4 closed high $6.78 now at $6.72 Cost $6.37 - Holding 

China Sun Energy (CSUN) = position 3/4 closed high $1.29 now at $1.08 - Holding 

LIVE Ventures (LIVE) = position 3/4 closed high $1.90 now at $1.61 - Holding 

CNova (CNV) = position holding Cost $2.40 now at $2.39 - Holding 

Atlantic Power (AT) = New Pick Sunday position holding Cost $1.97 now at $1.96 - Holding 

Atlas Energy (ATLS) = New Pick Sunday position holding Cost $.95 now at $.86 - Will add at $.85< bring avg $.90< 

P.S. Any questions can always email me :)

P.S.S. Nice job on Unilife (UNIS) - from $.52 to $.89 for MOJO - some got higher :)

Thank you and keep it profitable!


ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com 


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Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks. 

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