Market opened higher and stayed high all day.
The resistance has finally been breached.
$DMRC continued to close lower due to more weak hands getting out before the earnings update after the close.
Well, guess what?
From the conference call, I’m quite satisfied with the progress on the Digimarc barcode front. One of the Top Five retailer is looking very close to the Digimarc barcode system. Amazon Firefly is expressing interest in Digimarc IP. In other words, I don’t care where price is going tomorrow, I’m holding my shares with full conviction. If price gain does not happen in 2014 for $DMRC, I’m sure 2015 will be the year for it.
Since I’ve two stocks that closed positive, my port gave back only 0.6%. YTD losses is now 3.6%.
LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)
From my other accounts:
A bearish SeekingAlpha article came out so I sold my shares when prices bounced back above 0.05 to cut losses. Without the license, $FITX is very vulnerable from any bearish attack due to the high market cap. Thus, I’m only getting out of the way here.
My 2 cents.
Categories: Daily trading Journal