03-19-25: I left out of my last post that I set a trailing stop. A good strategic move. Which is a reminder that even when you do the right things they might not work out the way you would like. It tripped at $10.62, and today my alert for over $17 tripped. I’m moving to monitoring highs to increase my low alerts. Of course, if I had a crystal ball (or friends in high buildings) then I wouldn’t struggle so much to turn savings into a future. The future would be now.
01-27-25: I find hockey sticks to be the scariest of horror movie troupes…especially on a stock chart.
12-24-24: Analysts are now up to $11 and the price at the moment is $8.72. Updating JStock to $8 and $10.
11-07-24: Analysts have upped the target to $8 and the debt ratio looks good, so I’m changing my JStock alerts to $6 and $8. I would love to say I did this due diligence when I saw the price pop this week, but the truth is I went to follow my plan blindly and when placing the order the Fidelity site informed me this would result in a loss. I expect it probably isn’t and that the calculation is based on the crap data resulting from Morgan Stanley buying eTrade after they bought CapitalOne investing who bought ShareBuilder, but I’m not still very bitter about that.
06-02-24: I have a love-hate relationship with spin offs. Some I think of playing with the house’s money, but some comes at a cost in share price reduction of the parent company. In the case of LNSR, they were a spin off the now-defunct PDLI, which was a bone-headed buy on my part, being sucked in by big dividends and a dying portfolio. LNSR has dropped steadily since the spin off, but is now pushing up from the bottom towards the golden $5 mark where institutions will consider buying in. I see some insiders made big buys at $2.10 that I wish I had been alert for. My current thinking is that if they get to $6 I will set a trailing stop and just forget about it.