Well the market is doing o.k., barely in the green on the NASDAQ with the Dow up a few points, but our stocks...lol MY stocks...are pulling back a bit. Portfolio Recovery Associates, a relatively recent purchase, hit the 8% loss and was sold today at $24.84. (I manually watch the stocks and don't have STOPS placed which would in fact be helpful.) We purchased 150 shares of PRAA just a month ago on 10/28/03 for $26.99 cost per share. Easy come and easy go I guess. Have to stay with the 8% loss limit so that we don't let our losses accumulate (my losses lol) too fast!
Thanks again for stopping by and will keep you posted if KNSY hits that stop as well!
Posted by bobsadviceforstocks at 12:04 PM CST | Post Comment | Permalink