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Stock Picks Bob's Advice
Wednesday, 19 April 2006
"Trading Transparency" Wolverine World Wide (WWW)
Hello Friends! Thanks again for 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.

Having sold a small portion of Starbucks (SBUX) at a gain, I set out today to find a new position to add to my trading portfolio. One of the top NYSE issues on the top % gainers list is an old favorite of mine, Wolverine World Wide (WWW) which is a shoe wholesaler, making the likes of "Hush Puppies". The company announced good earnings, the price of the stock rose, and I picked up 240 shares of WWW at $23.50/share a few moments ago.

I first posted WWW on Stock Picks Bob's Advice on October 6, 2004, when the stock was trading at $28.90. The stock split 3:2 on 2/2/05, making my effective pick price $19.27. Thus, with the stock currently trading at $23.50, the stock is showing a gain of $4.23/share or 22% since being selected on the blog.

Thanks so much for visiting! If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.m. Please also be sure to visit my Stock Picks Bob's Advice Podcast Site.

Bob


Posted by bobsadviceforstocks at 12:07 PM CDT | Post Comment | Permalink

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