Hello Friends! I just made a couple of quick trades in my trading account that I wanted to share with you. I sold 75 shares of CYTC at $22.90, 1/4 of my 300 share position. My original purchase was on 1/29/04 at a cost basis of $14.86/share. This reperesents a gain of $8.04 or 54.1%. This is my third sale (frankly I thought it was my second!), so we will need to wait until the stock is up 120%, to make the fourth sale. The first sale was 100 shares at $18.6, and another 100 shares on 4/2/04 at $22.61.
Also, I bought 400 shares of NOIZ, Micronetics, at a cost of $9.40/share. I will be writing this one up shortly!
Thanks so much for stopping by! Please remember to consult with your own investment advisors before taking any action based on anything on this blog. If you ahve any questions or comments, please feel free to email me at bobsadviceforstocks@lycos.com
Bob