Hello Friends! Well I hit 25 positions earlier today. Now I shall try to sit on my hands :). After selling my partial position in HIBB as I wrote up earlier, this was a signal to add a new position (being at 24, with a goal of 25).
Scanning through the lists of top % gainers, and reviewing Morningstar.com, I came across Alliance Data Systems (ADS) that I do not believe I have reviewed here on Stock Picks....will try to get that in later or tomorrow as well.
Anyhow, I bought 200 shares of ADS at $39.06, shortly before the close of trading. Wish me good luck! Anyway, with future sales, I shall be applying the proceeds to the margin balance, unless I drop down to 24 with a sale on bad news, in which case I will wait for a sale on "good" news, prior to going back to 25. I hope you follow.
Will I ever get over 25? Well, never say never :). If I pay off my margin, I will be thinking about indications for adding a new position. Maybe THAT will be the trigger?
Thanks so much for stopping by. I hope that my chatter is helpful to you. Remember that I truly am just an amateur investor who loves to write about stocks, so please consult with your investment advisors who are professionals!