Wednesday, March 9, 2011

Canadian Stock Picks for March 10, 2011

The portfolio continues to hold CSF.TO triggered on February 14, 2011 at $12.30 and is now at $13.58 up 11% on the purchase.  I'm bumping up my two stop orders for half of the position each... the first at $13.25 and the second at $12.85.

For March 8, 2011, I chose AVL.TO @ $7.47 and it closed at $7.65, a gain of 2.5%.  I'm placing my stop loss order at $7.50.  And it triggered for a small profit!

For March 9, 2011, I chose LLL.TO @ $73.92 with a stop loss @ $72.98.  It closed @ $73.64, a small gain.  I'm holding my stop loss in place and looking for a rise tomorrow.

For March 10, 2011, I'm choosing EQN.TO @ $5.33 with a stop loss @ $5.20.  This is unlikely to rebound this much, but with the positive earnings, it just may if the markets bounce up.

See you tomorrow!

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