post 3

Kaitlyn Smith & Jess Dick
PA_38_ZZ907
cash balance: $10,299.50
total equity: $98,213.50
buying power: positive $59,406.25
ranking: 58/65
top 3 holdings:
AMBA- $70.70   $74.38   gained $368
AAPL-  $124.74   $125.60   gained $43.25
PAEBX- $16.28   $16.16   lost $24.24
We feel our portfolio is beginning to recover although we are ranked the same as last time. Our best stock is AMBA in which we gained less than $400 so far. We believe this stock is doing this well because of the Dow. The Dow is up and has been the last few days. Our worst stock is DD which we thought was going to do the best. we've lost over $1000 so far and are continuing to lose money. When we heard about DD rising we immediately bought stock, we're now thinking that could have been a bad decision. The price per share is decreasing rather than increasing. It has dropped $5.
We would like to see our portfolio be successful. We would also like to see an increase in DD since we're losing so much money on it when we thought it was going to do good. The yearly target for DD is $75.24 which is almost $5 more than what it is now. The analyst predict we don't buy more and don't sell but hold onto it for now. I agree with them for right now because if we sell it then we lose out on over $1000, but if we keep losing money then selling might be the best option for us. We would feel confident about our portfolio if we started making money on more than 2 stocks.