Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice. As always, please remember that I am an amateur investor, so please consult with your professional investment advisors prior to making any investment decisions based on information on this website.
As is my strategy, I reached a sell point on Cooper (COO) in my "Current Trading Portfolio". Only owning 60 shares of COO, I sold 15 shares a few moments ago at $76.88/share. I purchased these shares at a cost basis of $26.98/share on 2/20/03, and thus had a gain of $49.90/share or 185% on these shares.
This is my fifth sale of COO shares, and I was aiming for the 180% gain level. I sold 50 shares on 6/2/03 at $35.46, 50 shares on 9/4/03 at $41.90, 25 shares on 12/31/03 at $46.92, and 15 shares on 7/7/04 at $60.13.
My next targeted "gain" will be 60% higher (from cost) at a 240% gain....but am down to only 45 shares.
Since I have now sold a portion of a position at a gain....you know what THAT means :)....I am now able to add a new position back into the portfolio. I shall be on the lookout!
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