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 remember to consult with your professional investment advisors prior to making any investment decisions based on information on this website.
Checking my trading portfolio this afternoon, I noticed that I had hit another targeted gain on one of my 25 positions. This stock, Quality Systems (QSII) has been no less than a stellar performer in my portfolio. I just sold 19 shares of my 77 remaining shares of this stock at $71.73/share, leaving me 58 shares left in my account. This is approximately 1/4 of my position.
QSII was acquired on 7/28/03 at a split-adjusted cost basis of $15.50/share. Thus, I had a gain of $56.23/share, or 362.8%! This was my EIGHTH partial sale of this stock. Since my goals are 30, 60, 90, 120, 180, 240, 300, and 360%, my next goal will be either 1/4 of my shares at a 450% gain (is that possible???) or unloading my shares when the stock retraces to a 180% gain level. (50% of the largest gain amount).
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