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Stock Picks Bob's Advice

Friday, 4 February 2005

"Trading Transparency" RMD

Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice. As you probably realize from the prior post, I sold a portion of my Hibbett (HIBB) at a very nice gain. Since I am now under 25 positions, that "entitles" me to add a new position.

Scanning the list of top % gainers on the NYSE, I recognized ResMed, Inc. (RMD) which was second on the list, trading, as I write, at $59.65, up $6.66 or 12.57% on the day.

ResMed has great numbers, recently came out with a postive quarterly report, and is involved in sleep apnea machines and equipment....selling CPAP treatments, a growing area in the medical field.

So, a few moments ago, I purchased 120 shares for my "trading portfolio", my REAL account (!), at $59.67/share.

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

Bob

Posted by bobsadviceforstocks at 11:52 AM CST | Post Comment | Permalink

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