Hello Friends! Well, unfortunately I do not have much of Starbucks (SBUX), but it DID hit a sell point today. Earlier today I sold 15 shares of my 60 share position at $43.92. I had purchased these shares on 1/24/03 for $22.81/share, so this was a gain of $21.11/share or 92.5%. I have already sold 25 shares at $28.47 on 9/8/03, and another 15 shares at $35.16...so this was my THIRD sale of SBUX...and I was aiming for about a 90% gain to sell...and there it was. My next sell point will either be at 45% gain to sell out the remaining shares....or at about a 120% gain...whereby I should be selling another 1/4 of the holdings....even if it IS a tiny position now!
Well and you KNOW what that means....that means I have another NICKEL BURNING a hole in my pocket...lol...so I can start LOOKING for another position....am sitting at 21 positions now...so I have room for up to 25 in my portfolio.
Thanks so much for stopping by! If you have any questions, comments, or words of encouragement please feel free to email me at firstname.lastname@example.org