Hello Friends! Well, unfortunately I do not have much of Starbucks (SBUX), but it DID hit a sell point today. Earlier today I sold 15 shares of my 60 share position at $43.92. I had purchased these shares on 1/24/03 for $22.81/share, so this was a gain of $21.11/share or 92.5%. I have already sold 25 shares at $28.47 on 9/8/03, and another 15 shares at $35.16...so this was my THIRD sale of SBUX...and I was aiming for about a 90% gain to sell...and there it was. My next sell point will either be at 45% gain to sell out the remaining shares....or at about a 120% gain...whereby I should be selling another 1/4 of the holdings....even if it IS a tiny position now!
Well and you KNOW what that means....that means I have another NICKEL BURNING a hole in my pocket...lol...so I can start LOOKING for another position....am sitting at 21 positions now...so I have room for up to 25 in my portfolio.
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