First major trade 2015, MER <– Divs Play

24 02 2015

**** Entry Post (24feb’15) major trade means, ~500k to 1M as target exposure. entered on 281/282 level, risk level @280/275 ; reward level @ >300 ; plus 8+ divs (march 18, ex-date) initial exposure ~400k, plan to add more on dips or @ break-out of 285…. tic tac :) entry  

 

MER - feb 27' 15

**** update post #1 (27Feb’15) MER - Update 27Feb 2015 adding on dips… short term trend + flag still intact. let’s see next week🙂 accumulated position to date:

*** update Post #2 (13Mar 2015) Full Position Target of 1M achieved. As anticipated, the price may dip down to support level of 275 and it did hover up and below that level. I also did made the planned buy on dips until the 1M is completed although I missed  most of the dip buys at floor support level. Then for almost 2 weeks the tug of war between bears and bulls ensued up until todays’ strong Bulls move sending it back to 280. Next Week is the DIVs ex-date. Let’s see what happens then. mer 13mar15 *** update Post #3 (20Mar 2015), Post Ex-date; MER - Weekly Update 20 Mar 2015 MER dipped back to 275sh on the start of week that shall see the ex-date and I really wonder what drives them to sell that way?! At the ex-date (18Mar), MER dipped to as low as 265! 2 days after and it’s back to 271. Hmmm, had I have some spare funds I could have bought on that dip. So I’ll just keep note of that strategy for the next plays to be undertaken. Let’s see how MER moves next week🙂 With that, the (3600shs x 8+ less tax) divs is in my bag waiting to be credited. DIV HISTORYMER - Weekly Update 10 Apr 2015 - ELECTROCUTED *** update Post #4 (10Apr 2015), MER ELECTROCUTED!!😦 ** UPDATE Post #5: Weekly Chart_ May 22, 2015 Slowly But Surely…🙂 MER Weekly - May 22 '15

JUNE 05, 2015

FINALLY PUT CLOSURE ON EPISODE TODAY. THE GAINS ARE FROM DIVIDENDS PLUS SOME APPRECIATION OF PRICE… ALMOST 4 MONTHS. WAS IT WORTH IT? OF COURSE!!! AS LONG AS THE RULE OF “DO NOT LOSE MONEY” IS OBEYED…. A GAIN IS ALWAYS A GAIN TO BE THANKED WITH🙂


Actions

Information

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: