PPDI announced revenue projections for next year with growth in the mid-teens and the Market was disappointed. With the stock trading down early today at $24.407, I passed my 8% loss limit and sold the stock...200 shares at $24.407. I had purchased the shares on 10/16/03 for $29.26...so had over a 15% loss at that point. The stock rebounded later in the day as the entire market moved higher...but it was no longer in my portfolio. That is one rule I try very hard to stick with. Thanks again for stopping by!
Posted by bobsadviceforstocks at 10:29 PM CST | Post Comment | Permalink