Hello Friends! I just wanted to keep you up-to-date with my current trading in my real "Trading Portfolio". A few moments ago I sold 42 shares of my Hibbett (HIBB) at $27.89/share. I have a cost basis of $9.74/share on this one, which I purchased on 3/6/03. This works out to a gain of $18.15 or 186%...which is my 5th sell point(!). (For anybody new to my blog, Stock Picks Bob's Advice, my sell points on the upside are at 30%, 60%, 90%, 120%, then 180%, 240%, 300%, and 360%. After that, I plan on going to 120% intervals...if I ever get there!).
Prior sales of HIBB included 50 shares 5/30/03, 50 shares 9/4/03, 40 shares 10/15/03, and 20 shares 4/5/04. Each at our prior sell points.
Anyhow, that means, I can buy another position, and that nickel is burning a hole in my pocket already!
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