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Welcome to Joel Johnstone tradefields profile!

Check how Joel Johnstone is doing with his investments.

See his friends and how he is doing compared to them, you can also see what he has invested in and his evolution.


ACCOUNT VALUE HISTORY
Last 3 Months

Joel Johnstone's Wall

To those (Chris, that includes you!) who urged me to reset: ;p

(That's a sticking-out-my-tongue, old-school emoticon).
Chris Lau
  • Chris Lau Admin
    you sure showed me!
    2013-04-23 12:15:35
I guess longterm obvious plays like $BZH and $KBH kind of make me look good when everything else is making me look bad... except my dividends. My dividends are pretty good.
Chris Lau
  • Chris Lau Admin
    $HPQ is doing so bad. i wanted to buy them in real life but they warned yet again. not new info but market isn't liking it one bit.
    2012-10-03 10:43:54
  • A great example of a company waiting for something to happen?
    ...you know me. I'm in too deep on them to just give up a dividend. ;o)
    2012-10-04 04:47:38
  • Chris Lau Admin
    2016 to be exact. They want to be turning around fully by 2016.
    2012-10-11 11:30:25
  • And, I'll note, my monthly dividends would be paying my bills while I wait to strike it rich... though I haven't calculated tax into this equation.
    2012-10-21 01:15:25
  • His account value seems to be doing so good. He is up 120%.
    2013-02-04 10:29:13
Hey Joel why don't you buy $ROST? It's incredibly stable
Chris Lau
  • Stable? Now where's the fun in that?!!!

    Plus, it just doesn't fit my current buying strategy: hated or dispised or suspect industry, cheap, not at or near all-time high, bleak outlook for the next three months to a year strategy.... This way I don't have to look at my portfolio more than once a month. (I'm lazy).
    $ROST never seems to drop. That's just weird....
    2012-08-21 23:29:44
I wonder if my portfolio is heading towards a new low? Should I be worried? What would a professional investor adviser tell me to do? Do 52-weeks really mean anything these days? What's with all the instant gratification motivation behind "investing" these days? Should I be worried?
Chris Lau
  • Chris Lau Admin
    I hope you're paying your advisor with fantasy money. Not sure why you don't just reset...it sucks to hold losses due to a glitch. In the last few weeks, the market has been very weak, and most especially resources. China's still slowing, and this is hurting the market. Everyone looks at Europe, which is a problem, but China or the US need to grow to justify any long investments.
    2012-05-21 05:26:10
  • Reset?
    Chris, Chris, Chris... you've known me how long and you still think I am not stubborn enough to ride out this storm? Hah! Reset? Reset is for puppies and internet bloggers!
    "Oh, lost lots of money on your 401k, lost your home and wife and kids left you? Bank foreclose? Company delisted then relisted? Treasury department bailout? Reset."
    Who do you think I am? GM?!!
    I'm playing this one out till the end. ;o)
    2012-06-06 21:56:43
  • Chris Lau Admin
    brilliant, joel!
    2012-06-07 04:20:57
  • I notice my portfolio goes up when I don't look at it. Fall winds are upon us and I'm looking forward to a nice, comfortable, profitable September and a better-than-expected harvest in October....
    2012-08-21 23:32:27
  • Chris Lau Admin
    Same here - everytime i touch something it gets worse. the best portfolios are the ones with no changes done to it.
    2012-09-12 08:50:10
Note: In real life I never would have let go of $JPM or $WFC. Of the Big Ten in the US, last year was pretty much the buying point. $GS will still go, as will the others, but I'm shelving them all and just hanging on $BAC, $BNS, and $HBC as banks and $JNS as financial. Not really wanting to wander too much into banks from a game point of view; looking at different sectors for trends because banks just seem to be a no-brainer....
  • Chris Lau Admin
    Kudos. I made the mistake of missing out on banks in Dec/jan. Misread the value of LTRO for banks. Now they are all up. Are you holding these banks in real life? You'll do well with the ones you mentioned. $TD is a good canadian bank.
    2012-04-18 06:39:18
  • No assets or investments in North America. I'm just a smart-ass. ;o)
    2012-04-18 08:36:06
My first attempt to draw a pair of breasts with my chart (graph) failed. The current double bump should work out if everything goes as planned, though I already notice one is different shaped, lower, and not as big as the other... this could take some time.
Why do ya keep talking about $EGLE and $AIB but not ur trades on $BAC, $GE, $HUN, $JBL. Remarkable trades u got there
  • I think $FCS was a good one, too. What's wrong with $FCS?!! You don't like semi-conductor parts companies?!!! Not big enough for you?!!
    2012-04-05 20:46:56
  • $BZH is one of my comeback kids too... I'm expecting $KBH to follow the same path. There were times when my $BZH was sitting at -20-25% in the red and I just held. $KBH has reasonable grounds to recover along with slow growth in US housing builds. $CRAY, solid stock bought cheap... $CISCO, reactionary rise to Huawei and others getting hit with security squeezes on government contracts, bound to rise... $ALU broke off from partnership to also cash in on government contracts (which will be observed going to US companies for PR reasons)... $JBL, a company designed to adjust quickly to market fluctuations dropped over 50% during panics while manufacturing numbers in technology were still progressive (uh duh)... $MOLX, nice company, well-run, showing conservative growth in NE/E Asia... $HUN, German owned and operated manufacturer chemical supplier whose main buyers are Germany and China (strong mfgs) and whose main suppliers have to sell cheaper to keep alive during stress periods.... $HOGS, undervalued because of reaction to China reporting panic and shoring up it's safe product standards to cash in on food trust issues... same with $YONG, though food safety is not as big an issue for them... really, $HOGS and $YONG I'm just playing chart history versus headlines... $AVP, undervalued, good growth potential in Asia, strong brand recognition and distribution experience in a market being quickly overcrowded with pulp cosmetics... $BNS, good dividend and one of the best run banks leading up to and through the "crisis", they just hold good solid mortgages and retain good policy... $HBC, nice bank going through some downsizing which should bump up their profit line over the next 12 months... $ANW is just a surprise, really... $AAI, one of my favs died an unneccessary listing death and I can't collect my profits from this game.... $CGA and $CMFO, just waiting for someone in the market to separate the men from the boys in the China stocks and realize these should be outperforming market. $AXL and $F, just being well-run without over-leveraging themselves, should be the moderate returns in US car supply and parts for the interim... $ATPG is just a bonehead move following what someone said on this game... $DEER, great numbers from Asia but I didn't read enough to realize I should have waited six months... $JNS, strong financial... $SIRI, a lot of history with me and $SIRI, good and bad, so this is just me being vindictive about my last loss... $GTI, another mfg supplier I've held for some time, made enough before to ride out another low... $GOL was a "I meant to sell around January and forgot" and now I'm paying for it... $CRESY, just like the company.
    ...Don't ask me about my watchlists!!!
    2012-04-05 23:40:14
  • Chris Lau Admin
    i followed $ATPG closely. IT has too much water in some of the drill sites, meaning the estimates had to go down. Company's debt is very large. They're so close to insolvency yet shares are still holding up.
    2012-04-15 05:51:51
$EGLE was in the green for almost four hours... I shall be redeemed!
I think.
Hope might be a good word to insert somewhere there.
Now I just want my 50k back from $JPM and life will return to having-only-lost-a-small-fortune normalcy.
Chris Lau
  • Chris Lau Admin
    $EGLE is turning itself around quite well.Another one $HPQ is on my watch list and is very low-valued. A big hedge manager has this company, so this is why it makes for a long play with lots of upside if it can turn itself around.
    2012-04-03 04:13:06
why is the markets closed on my second day of trading i not even wasted half my money yet
I'd like to change this "Welcome to Joel Johnstone tradefields profile!" to "Stop laughing!"
...and "Check how Joel Johnstone is doing with his investments." to "Seriously, stop laughing!"
...and "See his friends and how he is doing compared to them, you can also see what he has invested in and his evolution." to "Just because my friends are laughing and making fun of me doesn't give you the right to steal my girl and walk all over me!"
...and "Share this profile on Facebook, Share this profile on Twitter" to "Share this profile with anyone and I'm going to cry. And would you please stop laughing!"

And, yes, I do believe $EGLE will go back above $1.00 some day. Seriously....
Chris Lau Mosca Montgomery Anthony Gravel William Kirton Ong Kang Wei