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.
As I posted yesterday, I unloaded my Sybron Dental (SYD) shares after an acquisition of the company was announced. As I noted, I would definitely describe this as a sale on "good news" so this 'entitled' me to replace this position. I wouldn't go so far as saying it entitled me to add an additional position, but this wasn't a sale at a loss.
A few moments ago, looking through the lists of top % gainers, I came across SanDisk (SNDK) a stock that I have reviewed elsewhere on this blog, and reviewing the current numbers, appeared to be a good fit for my trading strategy. I purchased 120 shares of SNDK at $61.95 in my trading account.
I shall try to give you an update on this stock later today or tomorrow. Thanks again for visiting. If you have any comments or questions, please feel free to email me at bobsadviceforstocks@lycos.com, or just leave them on the blog. Be sure to visit my Stock Picks Bob's Advice Podcast Page where you can listen to me discuss many of the same stocks I write about on my blog.
Bob