Copyright Notice

All contents of this blog are protected by copyright and may not be reproduced in any form without prior written consent from the author. Copyright 2010, 2011, 2012, 2013, 2014 Jawad Akhtar.

Wednesday, March 17, 2010

New Picks

Well, my portfolio holdings of Ford (F) and Celgene (CELG) continue to perform well.  I also added a position of CoinStar (CSTR) today.  CSTR is a vendor of the coinstar machines (change) and the popular RedBox DVD vending machines.  RedBox has been so successful that hollywood recently requested RedBox to not rent movies in the RedBox kiosks for 30 days after a DVD is released.  The chart shows some room to run.  Stock will run into some resistance at 35/36 area.  I do plan to take profits at that time and wait for the stock to breakthru the resistance before retaking the position.

No comments:

Post a Comment