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Stock Picks Bob's Advice

Friday, 5 May 2006

CNS, Inc. (CNXS) "Trading Transparency"
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.

Earlier today I sold 30 shares (1/6th of my position) of ResMed (RMD) which hit a 60% appreciation target. Thus, with the second targeted sale of this stock at a gain, I had the "permission" to add a new position in my trading portfolio.

Looking through the list of top % gainers on the NASDAQ, I saw that an old favorite of mine, CNS (CNXS) was hitting the top % list on good earnings news. The Morningstar report looked good to me so I added this stock to my portfolio, purchasing 240 shares of CNXS at $24.40. As I write, the stock is now trading at $24.56/share, up $3.07 or 14.29% on the day.

I will try to get around to doing an updated review on this stock later today. Meanwhile, thanks again for visiting. Please feel free to leave comments here or email me at bobsadviceforstocks@lycos.com if you have any comments, questions, or any other thoughts you would like to share with me! As always, remember to also stop by and visit my Stock Picks Bob's Advice Podcast Site.

Bob

Posted by bobsadviceforstocks at 10:25 AM CDT | Post Comment | Permalink

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