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Tuesday, 18 November 2003
"Trading Transparency" TTWO sold, SYD bought
The market had a lousy day today and one of our most vulnerable stocks hit an 8%+ loss and was sold. Take-two Interactive, which was purchased on 9/3/03 at $35.47 hit an 8% plus loss and was sold today at $32.48. Going against my own rules that we should be applying the proceeds to margin, I went ahead and bought 200 shares of Sybron Dental (SYD) at $25.80. I already own some shares of SYD in a managed account; however, the stock made a nice move today, closing at $25.75, up $1.95 or 8.19% on the day, made our lists...I will post this in a minute...and had fairly good numbers. Believing the market is at least short-term oversold...I picked up 200 shares. Next time I better think about that Margin!

Bob


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