Clash of Clans

Hooked on this game. Makes me want to get an iphone.Not sure how I’m suppose to do multiplayer battle though.

Concert: Camera Obscura

Watched this after Game 6 of the NBA finals and I was a bit too amped up to be listening to them.  Turns out it was probably for the better as their melodic tunes calmed me down.  They are kind of a swaying side to side band since there’s nothing really too uptempo about them but they’re a chill band to listen to.

Impressive that they had a mis function with the acoustic guitar so we got a electric version of almost all the songs. Didn’t even know the closing song so got to go back and listen to that one again.

 

Qihu sold

Guess my stop limit order was a bit too low. Executed this morning.

 

Final

17% Return at the end.

QIHU

Talked to a friend’s friend in China last night and he didn’t even know what Qihoo is. Not a good sign. Placed a Stop Limit order for it about 3% from where it is now. Now thinking 3% is not a leeway.

Star Trek Into Darkness

It was enjoyable. Little over the top at the end but it was an emotional moment.

Otherwise a pretty typical blockbuster movie. Lots of action, super human villian, and a comedic relief by trying to throw some hit or miss zingers.  I find the doctor a bit annoying.

Stock: Purchase QIHU

QIHU

Reason:

Sold my google shares so had cash not at work. Instead of reinvesting in GOOG, went with QIHU as it’s suppose to be an emerging threat to Baidu. Research mainly consisted on IBD stock rating and reading articles about them. Is this going to a long term or short term play not too sure. Probably should asked some people I know in China exactly how much momentum QIHU really has. Well I’ll see how its results are on 5/20.

 

 

Stock: Reflection on GS

Had setup a sell limit order for GS and it got executed 5/14. Forgot what price I even had the sell limit at.

Reason for sell:

GS has really lagged the S&P since I bought it. Originally it was a diversification play but of course buying it right around the financial crisis was not a good call. Now, I’m not comfortable with owning GS outright as I’m not sure exactly what business they’re in plus the stress test result. I think financial institution are a bit riskier play these days. Plus owning Berkshire gives exposure to GS anyways.

Final Numbers:

Bought: 5/11/10 @ 142.25

Sold: 5/14/13 @ 151.53

Total Return (incl dividends + commission): 9.5%

Return based on Stock Price: 151.53-142.25/142.25 = 6.52%

Return vs S&P: -37.75%

Conclusion:

Failure. S&P returned ~44% during the exact same time period. And that is why I need to make sure my individual stock picking is only a small % of the overall.