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Friday, 3 December 2004
"Trading Transparency" NAVR

Just a quick update. I was monitoring my NAVR stock closely, hoping against hope that it wouldn't hit that 8% stop. Unfortunately, it hit that price this morning, and I just sold 400 shares of NAVR at $16.24. These shares were JUST acquired on 11/15/04 at a price of $17.92, and thus, I had a loss of ($1.68)/share or (9.4)%. As much as I like this stock, out it went! There is a lesson there somewhere.....Anyhow, I won't be buying a "replacement" for this issue until one of my stocks hits a sale at a "gain". CMN is close to a second sale at about a 58% gain currently....so I may be back in the market soon :).

Regards!

Bob


Posted by bobsadviceforstocks at 10:24 AM CST | Post Comment | Permalink

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