Another green day, I’m on a roll!
Somewhat interesting after yesterday’s thoughts of wanting CGC to be low and my other stocks to be high before rotating between positions, that is exactly what has happened today.
Today’s Positions
- Canopy Growth Corp. (CGC): 40 shares @ $24.13 (-0.29%)
- YETI Holdings, Inc. (YETI): 10 shares @ $28.42 (4.26%)
- Baytex Energy Corporation (BTE): 200 shares @ $1.29 (4.03%)
- Microsoft Corp. (MSFT): 1 share @ $138.12 (1.89%)
Baytex Energy Corp. is now up over 10% over past two days. I’m still upside-down by about 10% in that one with an average cost of $1.44 per share.
Yeti Holdings, Inc. is up about 8% over the past two days. Similar story in that one in that I’m still upside-down by just over 7% with an average cost of $30.23.
And I’ve turned back positive in my one share of Microsoft, netting a whopping $1.72 (1.26%).
Canopy Growth had some pretty high volatility today, starting out the day up around 2% before swinging down to -0.30% before 10am EST, then swinging back up near 2% before dropping back down and hovering between 0 and -0.50% for the rest of the day.
All in all, not a bad day. Ended up with an account value of $1,695.
Still contemplating the “all in” move into CGC. I’m just not sure I’ve got the iron clad hands to hold that stock until it finds its bottom. Or the trust that with Constellation Brands and Mark Zekulin at the helm it can once again reach or exceed its peak around $50 per share.