Hello Friends! Is this market talking to me or what? A few moments ago, my Synaptics stock (SYNA) hit the 8% loss limit and I placed a trade to sell my 300 shares at $21.90. These shares were also recently acquired on 2/25/05, for a cost basis of $24.05/share. Thus, I had a loss of $(2.15)/share or (8.9)% and out they went. You can see how my portfolio is moving back towards cash automatically. (Yikes). Anyhow, I shall be sitting on my hands, NOT replacing these positions, until one of my other holdings hits a sale point on a gain.
I hope you follow :). Thanks again for stopping by. Please feel free to email me at firstname.lastname@example.org if you have any questions!
Posted by bobsadviceforstocks at 9:47 AM CST | Post Comment | Permalink