Yesterday morning a favorable report came out on Snap (SNAP). I’m not a huge fan of the company but when a nice report comes out and I like what the report says, I like to try to get a little of the stock gain in my account. In the case of Snap, when I heard the report I bought 1000 shares. This was about 24 hours ago! I bought the 1000 shares at $14.75. As of this morning the stock was up well over a $1. With the market starting down, I decided to jump out of this position and stuff my mattress a little. With the way the market’s been moving I get very nervous for a pullback. I sold the 1000 shares at $16.20 for a 1 day gain of $1.45 per share. That’s a nice $1450!<\/p>\n
10\/11\/17 – Buy 1000 Shares SNAP @ $14.75<\/p>\n
10\/12\/17 – Sell 1000 Shares SNAP @ $16.20<\/p>\n
Profit +$1450<\/strong><\/span><\/p>\n <\/p>\n On 8\/23\/17 I bought 500 shares of Paypal (PYPL). I didn’t plan on keeping this stock in my trading account so I never reported this trade on Main Street beats Wall Street<\/strong>. I have a gift account I store stock in for future gifts to nieces, nephew and grandkids. I’ll be writing about this account soon. The stock I normally purchase as smaller lots, like 10 or 100 shares. On 8\/23\/17 I read a report on Paypal and I decided to buy 500 shares. I paid $60 per shares and the stock has been moving ever since. Today the stock is up to $68.65. I’m reporting it now because it’s becoming a substantial position and I might keep it in my trading account. Like I said, I’ll be writing about this gift account very soon.<\/p>\n 8\/23\/17 – Buy 500 Shares PYPL @ $60.00<\/p>\n <\/p>\n I’ll also let you know what I decided to do with this stock. I might sell. I might sell options against it or I might move the shares into my gift account. Stay tuned!<\/p>\n <\/p>\n Steve<\/p>\n The Option Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Yesterday morning a favorable report came out on Snap (SNAP). I’m not a huge fan of the company but when a nice report comes out and I like what the report says, I like to try to get a little of the stock gain in my account. In the case of Snap, when I heard […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-3670","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-Xc","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3670"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3670\/revisions"}],"predecessor-version":[{"id":3671,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3670\/revisions\/3671"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}