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.
A few moments ago, I sold 33 shares of my Morningstar (MORN) stock at $43.27/share. I had purchased 200 shares of MORN on 11/22/05 at a cost basis of $32.57, giving me a gain of $10.70/share or 32.9% appreciation since purchase. The 30% level is my first targeted appreciation level for a partial (1/6th position) sale. Since I am just at 21 positions, this also gives me a "chit" to purchase a new position if something comes up that seems to fit my strategy!
And you know that nickel is just burning a hole in my pocket already! Thanks for stopping by! If you have any comments or questions please feel free to email me at bobsadviceforstocks@lycos.com or leave your comment right here on the blog.
Bob