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Stock Picks Bob's Advice

Tuesday, 21 December 2004

"Trading Transparency" AMMD and PARL

Hello Friends! I have been patiently (almost) waiting on my American Medical Systems stock (AMMD) which has been closing on my second sale point. A few moments ago I unloaded 35 shares of my 150 shares of AMMD at a price of $41.15. These shares were purchased on 1/9/04 at a cost of $25.82, so I had a gain of $15.33 or 59.4% (my goal was 60% so i did jump the gun a teency bit...is THAT a word?). My first sale of 50 shares out of the original 200 was executed on 6/24/04 at a price of $32.08, for a gain of $6.26 or 24.2%...so I jumped the gun a bit on that too! And after selling a portion today, well that gave me the "permission slip" to add a new position!

Scanning the lists of top % gainers today I came across Parlux Fragrances (PARL). I first posted Parlux (PARL) on Stock Picks On October 7, 2004, when it was trading at $14.95. Today I purchased 300 shares of PARL at $22.20. PARL is trading strongly today, currently as I write at $22.181, up $1.551 or 7.52% on the day!

The rest as they say is history! Thanks so much for stopping by. Please remember that I am an amateur so please consult with your investment advisors before acting on any information on this website! If you have any questions or comments, please feel free to email me at bobsadviceforstocks@lycos.com .

Bob

Posted by bobsadviceforstocks at 1:44 PM CST | Post Comment | Permalink

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