Double A Penny - Step 20 - Sometimes Growth is NOT Good

How To Double Your Way To A Million In 28 StepsDTAMP - Double To A Million Plan Blog

When it comes to DTAMP growth is a good thing. The stake grows bit by bit and the capital is added to the next venture to help increase the potential for growth.

Since my last post I have managed to grow the stake a bit with the largest amount coming today. I completed the stock trade I mentioned at the end of the last post, and although it was touch and go there for a while, it took off today and I took the profit.

The stock: Eagle Bulk Shipping Inc.(NasdaqGS: EGLE)

DTAMP Equities Plan Report:

02/04/10 - Buy - 811 shares of EGLE @ $5.02 p/s - Total $4071.22
02/16/10 - Sold - 811 shares of EGLE @ $5.17 p/s - Total $4192.87Total ($121.65) - ($17.98) Fees = ($103.67)Net Gain of (+2.54083)% in the Amount of ($103.67)

I also managed to find some change on the ground at various places....($0.10) .

I mentioned last time that I was ill, in some pain, and the doctors have been running tests. This is where growth is NOT a good thing. The ultrasound found a growth in my bladder. The doctor doesn't know what it is and I will have to go for a procedure called a Cystoscopy next week.

If there is a growth, as indicated, they will need to remove it and take a piece to analyze.

I do not want to use the "C" word in my description here today as it is disturbing.

Your thoughts and prayers would be very much appreciated during this time. My hope is whatever they find, if anything at all, that it is benign.

Present Stake: $4192.26

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Theme Song: Chumbawamba - Tubthumping

Regards,

Xinfinitum



This Double A Penny Blog is based upon the Doubling Method "How to Double Your Way to a £Million in 28 Steps". Using the Doubling Rule it is an attempt to "Double Your Way to a Million" by going from one penny to a million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

Double Your Way To A Million
How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan
"For The Next Chronological Post Click Here"

Double A Penny - Step 20 - The Great and the Terrible

How To Double Your Way To A Million In 28 StepsDTAMP - Double To A Million Plan Blog

It has been a while since adding a new post, which brings me immediately to, "There is Great News and Terrible News". I am not sure which one to present first.

Lets start with the terrible news so we can end on a good note.

I have been very sick for the last three weeks and just when I started to begin to, maybe, almost start to feel better, there was blood in my urine and the doctor rushed me in for X-Rays, Ultrasounds and appointments with a specialist, with the threat of him putting things into places, no such things should go. Really, I insist. No, No No!

They do not know what is wrong with me at this point, as all the tests are not showing reasons for the problem. There will probably be a CAT scan as well.

This all could not have come at a worse time, mostly because of the great news and that is my wife got a job and was about to start when my sickness started up in full force. Just when she needed to get ready, there was nothing but running from doctor to doctor, hospital, labs, tests, etc. etc.

To boot, when she was was going to start today, last night our furnace failed, plunging us into a pitched battle against 15 degree cold with both of us coming out of the worst colds we have had in years, and her not even having hot water to get ready with.

In other bad news, I haven't made any money of substance for DTAMP since last reporting. I haven't gone many places, just from the bed to my chair, to find coins and I didn't make any trades, to report about.

There are a bunch of other problems that occurred over January and into February, but I won't get into them. To much terrible news is , well, terrible.

So, lets move to the great news. My wife got a job, a good one. No pay cut, better hours, better working conditions, better everything. Its great.

I did manage to make some trades for my personal accounts that did well. The most recent one was with Ultra DJ-UBS Crude Oil ProShares (UCO). After it had come down quite a ways, I bought in at $10.80 . It went down into the $10.40 range and stayed there for the weekend which was unnerving. I didn't have much tolerance for risk that weekend , mostly due to sickness, but come Monday, February 1st it started to climb.

I sold on February 2nd at $11.54 . It looked like UCO was going to keep climbing into the $12, $13 or even $14 range. But I started to get a bad feeling. The gut feeling was saying take a vacation from oil for a while, Don't touch it. After that it plummeted and I was really happy I was out.

I will not report on the current trade I am in with DTAMP funds because every time I do it goes bad. So I will keep it under wraps until the trade is complete and it either makes some money or loses some.

Present Stake: $4088.49

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Theme Song: Chumbawamba - Tubthumping

Regards,

Xinfinitum



This Double A Penny Blog is based upon the Doubling Method "How to Double Your Way to a £Million in 28 Steps". Using the Doubling Rule it is an attempt to "Double Your Way to a Million" by going from one penny to a million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

Double Your Way To A Million
How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan
"For The Next Chronological Post Click Here"