Slowly losing all my gains!
On Monday, I bought 4 new companies.
- 1 000 shares of Grande Cache Coal (GCE.TO) at 60 cents a share
- 4 000 shares at 12.5 cents each of Allen-Vanguard Corp (VRS.TO) for the second time, hoping to make a profit from this stock
- 4 000 shares of Resin Systems Inc. (RS.TO) at 17 cents a share, for the third time
- 5 000 shares of Oilexco Inck. (OIL.TO) at 14.5 cents a share
The next day, I had a hundred dollars left in my trading account so I decided to buy 3 600 shares of Haemacure Corp (HAE.TO) for 2.5 cents a share.
February Blues
Considering I almost doubled my money (15K to just shy of 30K) over a six week period, February has been absolutely horrible for me. This month alone, my portfolio lost almost 30% of it’s value! I made a few trades but what is really hurting the most right now is still Canwest, if this stock can turn-around, I will probably sell half the shares if I can get close to what I bought them for several weeks ago and buy some companies that know how to do more than go down! I have a lot of companies I want to invest in but my stock market funds are all tied-up at the moment, I need to sell some stuff to get more but so far, everything is going in the wrong direction… and I don’t sell at a loss. I guess the good news from all this is several months down the road, I am still up an overall 120% on my initial 15K investment though I far prefered my 195% I enjoyed a little over a month ago 
Playing the stock market these days is like crossing the Canadian Rockies by foot , it is hard to go up but easy to go down.
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