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 remember to consult with your professional investment advisors prior to making any investment decisions based on information on this website.
A few moments ago I sold my 240 shares of Angiodynamics (ANGO) at $23.51. I had purchased these shares 1/6/06 at a cost basis of $26.26. Thus, I had a loss of $(2.75) or (11.7)%. This exceeded my sale point of an 8% loss, and thus I sold my position today.
On any sale at a loss, I refrain from re-investing proceeds and shall be "sitting on my hands" until such time as I sell a portion of a position at one of my targeted gains.
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