AGQ: bought today

I bought the double silver ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) again today shortly after the open at USD56.1552

OCPNY: sold today

The price of the double silver ETF ADR for Olympus Corporation (NYSEARCA:OCPNY) gapped down at the open below my stop market limit and was sold at USD 7.25, resulting in a loss of 16% in an average of 5 days.

It looks bad for OCNY

In Tokyo, the price for Olympus Corporation (TYO:7733) fell again today by 16% and closed at JPY 625. I expect therefore that for the ADR for Olympus Corporation (NYSEARCA:OCPNY) my stop market limit will be reached today.

AGQ: sold today

The stop market limit was reached today and my double silver ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) was sold at 12.22 hours at USD 58.00, representing an intra-day loss of 5.0%

AGQ: bought today

I bought the double silver ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) today USD 61.05 in New York at 10.12 at  hours and immediately gave a stop market order with a limit of USD 58.00.

OCPNY: stop market sell order

Seeing the price of the ADR for Olympus Corporation (NYSEARCA:OCPNY) drop I give a stop market sell order with a limit of USD 8.95.

AGQ: sold today

My stop limit order for the double silver ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) was executed at the open today at USD 66.00, giving me a profit of 10.0% in 37 days.

AGQ: stop limit order

There would have been a sell signal yesterday for the double silver ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) but I ignored it. Today, I gave a sell order with a stop limit of USD 66.00, so as to be prepared for a possible price drop after today's doji, at the same time leaving room for a possible rise.

OCPNY: bought today

I bought some more ADR for Olympus Corporation (NYSEARCA: OCPNY) today at USD 10.90

TSE suspended trading of Olympus Corporation

The Tokyo Stock Exchange (TSE) has some interesting rules for for suspending trading of a stock and setting an upper limit at which the stock may be traded, and I read about them only today:

Tokyo Bourse: May Widen Olympus Share Trading Upper Limit
2:50a ET November 15, 2011 (Dow Jones) Tokyo Bourse: May Widen Olympus Share Trading Upper Limit 

TOKYO (Dow Jones)--The Tokyo Stock Exchange said Tuesday it may widen the daily upper limit for trading in shares of Olympus Corp. (7733.TO) later this week due to imbalanced demand and supply conditions for the issue.
Shares in Olympus soared Tuesday, marking the second-straight day of strong gains as investors grew more confident that the scandal-hit company may yet escape delisting.
While shares did not change hands due to buy orders outweighing sell instructions by close to 10 to one, by mid-afternoon Olympus shares in were quoted 19% higher than Monday's close at Y640, their maximum permissible high for the day under Tokyo rules.
The bourse said it may double the upper limit for daily trading in Olympus shares if the following conditions are met on Wednesday:

-- The issue's daily upper price limit is reached and trading volume is zero without
conducting allocation at the upper limit.
-- Trading volume remains at zero shares until the end of the afternoon session,
trades are executed at the upper daily price limit at the close of the afternoon
session with bids remaining at the upper daily price limit.

A spokeswoman at the bourse said the daily upper price limit for Olympus shares on Wednesday will be Y740. If a wider upper limit is introduced, the daily upper limit on Thursday will be Y1,040.>

-By Hiroyuki Kachi, Dow Jones Newswires; 813-6269-2789; Hiroyuki.Kachi@dowjones.com

(END) Dow Jones Newswires
11-15-11 0250ET 

Source: Dow Jones Newswires – 2011-11-15 0250ET

Now I know why there was no volume on the shares of Olympus Corp (TYO:7733) in Tokyo today and on some other recent days and why the price jumped up from one day to the next.

OCPNY: bought today

I bought the ADR for Olympus Corporation (NYSEARCA: OCPNY) today in the USA at USD 6.90

GLD: sold today

I sold half of my gold ETF (NYSEARCA:GLD) holdings today at USD 172.46 at a profit of 49.3% in 1 year and 164 days.

Olympus Corporation, Japan

Olympus (TYO:7733; NYSEARCA:OCPNY) has been hit by a scandal and the company yesterday admitted fraudulent accounting (http://goo.gl/2YwKK; http://goo.gl/LmkpJ). The share price dropped in Tokyo from JPY 2,526 on 13 October to JPY 584 on 8 November, a decline of 77%. For the ADR traded on the pink sheet in the USA, the price fell from USD 32.10 on 13 October to USD 9.05 on 8 November, a drop of 72%

I plan to keep an eye on Olympus and look for a good moment to buy it.