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Stock Picks Bob's Advice

Friday, 18 July 2008

Meridian Bioscience (VIVO) "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 advisers prior to making any investment decisions based on information on this website.

This morning, with the market acting weakly once again, and with me sitting on approximately $50,000 of Meridian (VIVO)...I thought I might take a little off the table. So I sold 500 of my recent 2000 share position at $24.33. These shares were purchased yesterday at an average price of approximately $23.99, so they did have a small gain.

As I write, VIVO is trading at $24.04, up $.04 on the day, so it appears, for the moment, to be finding support at the $24.00 level.

I shall keep you posted.

I did promise last time NOT to be doing these "trades", but I am trying to learn how to identify these short-term trades successfully. My record is mixed at best.

Wish me luck.

Have a great weekend everyone.

Yours in investing,

Bob

Posted by bobsadviceforstocks at 1:24 PM CDT | Post Comment | Permalink
Updated: Friday, 18 July 2008 1:25 PM CDT

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