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A few moments ago, I sold my 200 shares of AngioDynamics at $27.85. This was one of my latest purchases, having purchased these shares 4/28/06 at a cost basis of $30.30. Thus, I had a loss of $(2.45) or (8.1)% on this purchasse. Having hit my 8% loss limit, all of my 200 shares were sold. With my system of avoiding 'compounding' my losses, I shall be sitting on my hands with these proceeds, waiting for a sale on 'good news' or a sale that is at a gain in one of my other positions.
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