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Tuesday, 5 April 2005
"Trading Transparency" EXAC

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 bobsadviceforstocks@lycos.com.

Bob




Posted by bobsadviceforstocks at 9:48 AM CDT | Post Comment | View Comments (2) | Permalink

Wednesday, 6 April 2005 - 5:35 PM CDT

Name: Reid Magney
Home Page: http://www.rivervalleyblogs.com

Check out the Snoop Dogg version of your blog:
http://sites.gizoogle.com/?url=http://bobsadviceforstocks.tripod.com/bobsadviceforstocks/

Cheers,

Reid

Wednesday, 6 April 2005 - 6:11 PM CDT

Name: BobsAdvice
Home Page: http://bobsadvicerforstocks.tripod.com

Reid,

THAT is too funny. I didn't know WHAT to think when you gave me that link. Is there a Snoop Dog version of the River Valley Blogs???

Bob

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