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Stock Picks Bob's Advice
Friday, 28 April 2006
"Trading Transparency" BOOM
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.

Not wishing to mix apples and oranges in my trading account, and not wishing to NOT buy a new position, I undid my 300 share purchase of BOOM a few moments ago, selling them at $38.17. I had added these 300 shares with a cost basis of $36.89 yesterday on a strong belief that the selling was totally overdone. I was right. I made my point. I made a few $'s. And I am back on the wagon. LOL.

Back to disciplined purchases and sales :).

Anyhow, I am back in the market for a new position now since I did sell my Ventana at a gain target!

Bob


Posted by bobsadviceforstocks at 10:47 AM CDT | Post Comment | View Comments (4) | Permalink

Comments Page

Friday, 28 April 2006 - 10:59 AM CDT

Name: Alice

Bob

That was quick. I am eagerly waiting to read analysis of your new pick.

Regards
Alice

Reply to this Comment

Friday, 28 April 2006 - 3:04 PM CDT

Name: bobsadviceforstocks
Home Page: https://bobsadviceforstocks.tripod.com/bobsadviceforstoc

Alice,

Normally, wouldn't do that kind of quick trade. No real point. I just am pretty heavy into margin and wanted to make sure I could buy a new position as my Ventana sale allowed. I picked up AngioDynamics (ANGO), a stock that I have written up here on this blog and have owned previously. It had a great quarter, and I don't mind revisiting a stock as long as it has been at least a month...which I believe is the necessary interval for tax purposes (correct me if I got that wrong!).

Thanks for visiting and writing. I hope that what I write is helpful and informative, as well as being entertaining (?), for you!

Bob

Reply to this Comment

Friday, 28 April 2006 - 11:30 PM CDT

Name: Ben

300 x $38.17 = $11451
300 x $36.856 = $11056.80

$11451 - $11056.80 = $394.2

The cost of a Treo 700? = $299.99

I'm just saying...

-Ben

(Totally kidding, maybe you should have held on to this one? With the bottom dropping out and solid fundamentals... looks attractive. Like a cute girl who just got dumped by her boyfriend.)

Reply to this Comment

Saturday, 29 April 2006 - 8:23 AM CDT

Name: Robert Freedland
Home Page: https://bobsadviceforstocks.tripod.com/bobsadviceforstoc

I shall give it consideration. But I really don't need a new phone :).

What does a guy do when his son asks for a phone on his blog? I don't think Miss Manners has a section on this one yet.

See you in a week.

Dad

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