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Stock Picks Bob's Advice

Friday, 4 February 2005

"Trading Transparency" HIBB

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!

Thanks so much for stopping by. Please remember that I am an amateur investor so please consult with your professional investment advisors prior to acting on any information on this website. If you have any questions or comments, please feel free to leave them right here on the blog, or email me at bobsadviceforstocks@lycos.com .

Bob

Posted by bobsadviceforstocks at 11:04 AM CST | Post Comment | View Comments (2) | Permalink

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Wednesday, 9 February 2005 - 9:16 AM CST

Name: Sam
Home Page: http://www.djia-valuation.com

Nice website. How mamy hours a day do you spend on maintaining it?

Reply to this Comment

Wednesday, 9 February 2005 - 10:06 AM CST

Name: Bob
Home Page: http://bobsadviceforstocks,tripod.com

Sam,

Tough question. If you asked my wife she would say toooo many! :). But you know how that is.

I like to spend a little more time on the weekend and maybe an hour during a weekday to review the stock lists.....I used to spend more...but you know how that is.

I have been following the market for years and I hope that I am able to share my thoughts with my readers about how to pick a "great stock". Time will tell if what I am doing works. It has been doing just fine for me the last couple of years!

Thank you again for your comments and your encouragement!

Bob

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