Trade 1 of 73: IN with $1,000

So, off we go – my first step towards turning one thousand dollars into a million by growing it ten percent at a time.

I’m kicking off this experiment with ISNS. On December 15, I bought 410 shares at $2.45/share.

ISNS (or Image Sensing Systems, Inc.) is a Minnesota-based company which develops and markets video and radar image processing products for use in traffic, security, police and parking applications.

First half of 2014, its stock has been mostly in a downtrend. In August, the Ferguson, MO events caused a spike to $10 (or 400%), and the stock has been on a wild ride since, fluctuating mostly in the $2 to $4 range. Just the other day, it came down from another $4 wave.

Could there be a ten percent bounce after the recent 40% drop?

I’m setting the sale price at $2.72. In the meantime, I hope you have a very Merry Christmas (or whatever holiday you happen to be celebrating at the end of December).

Tim H.