Hello Friends! Looks like I am back to 24 positions. Digene (DIGE), a stock I LOVE, but is not performing like I would LOVE IT to do, hit an 8% loss in the portfolio. In light of the significant margin, and my insistence on the rules...at least on the downside, I sold it this morning. I sold 120 shares, my entire position, at $35.05. Digene was recently purchased on 12/17/03 at $38.07. Initially this stock was a screamer, and I peeled off 30 shares recently on 1/27/04 with a GAIN of $278.03.
Also today, AAII reported good quarterly result but had apparently some reservations about the upcoming quarter. The stock has dropped about $5 on the day, but I still have about a 60% gain...and have sold this issue several times peeling off profits. I sold ELAB and FIC a bit early I suspect, so will try to see how this trades as the day progresses and try NOT to sell on what appears to be possibly not major news (?). This is ALL a learning process for me as well...should we sell at the first break in price?
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