Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice. As always, please remember that I am an amateur investor, so please consult with your professional investment advisors prior to making any investment decisions based on information on this website.
One of the stocks I have been watching has been Exactech (EXAC), an orthopedics device manufacturer that overall, has been a good performer for me in my portfolio. Today, EXAC announced lower guidance for profit/revenues for the 1st quarter, and the stock took it 'on the chin', currently rebounding slightly at $15.39, down $(1.70) or (9.95)% on the day.
I had 135 shares remaining of EXAC with a cost basis of $10.78 acquired over two years ago on 1/2/03. I just sold my remaining shares a few moments ago at $15.331, for a gain of $4.551 or 42.2%. Since I had sold this stock three times previously on gains (!), at 30, 60, and 90% levels, crossing the 45% gain point on the downside triggered (manually) a sale point for me and out the shares went.
Unfortunately, I shall now be sitting on my hands once again, not replacing this stock, until such time as I sell a portion of an existing position at a gain! Thanks again for stopping by! If you have any questions or comments, please feel free to email me at firstname.lastname@example.org.