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Friday, 26 September 2003
September 26, 2003 "Trading Transparency" - BONZ
Our stocks are taking a bit of a beating today and it makes sense in the correction because they have been the strongest up to this point. Unfortunately, I have now parted with BONZ (Interpore Int'l) as it dropped down to $15.90 where I sold it with a little over a 9% loss. We are cutting our margin levels in the face of this correction and we will refrain, hopefully, from buying more issues until we see a bit more positive market direction. Other stocks in our trading account that are near our 8% stop are MMSI and TTWO, both great companies...recently purchased....that haven't built a big enough "head of steam"...to avoid being sold in a downdraft. More later....

Bob


Posted by bobsadviceforstocks at 10:50 AM CDT | Post Comment | Permalink

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