DannyUpshaw > Trade Notes

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5 Day 0.00%
15 Day -0.32%
1 Month 38.79%
3 Month -34.71%
6 Month -35.70%
As of: 12/02/08

Member since: May 07

Sold 100 shares of AFSI at 15.25

Users Bought (30 Days) 0 (0%)
Users Sold (30 Days) 0 (0%)
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Transaction: Sold
Symbol: AFSI
Quantity: 100 shares
Price: $15.25
Value: $1,525.00
Stop Order: No @ $
Target Price: $
Sold at 15.25 for about a $10-$15 profit.  I decided I was going to buy back in at a lower price.  The stock is still riding the IBD boost, and we're waiting on earnings.   As I said, I will likely buy back in.  I trust the $13.50 or below range, but as I like this stock, I might get back in at the upper $14s. 

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1 user tagged it: afsi, stock, sell
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UTLONGHORN BULL

Member since: Dec 07

5 Day -4.72%
15 Day -13.56%
1 Month -19.97%
3 Month -35.71%
6 Month -59.02%
As of: 12/02/08
Trades 185
Trade Notes 13
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US Navy
Age: 40's
Oceanside, CA
UTLONGHORN BULL
Danny, I couldnt agree more.  Sometimes you like a stock, but only at or below a certain price.  I think it is good to sell for a small profit and come back to the table later.  One thing I try to do when buying a stock is to figure 1) what price I like it at, 2) how much profit do I expect, 3) and this is the hard one for me....4) if it goes down, do I buy in again at a lower price, or cut my losses and sell.  I usually will buy in at a lower price with more shares, before taking the loss, lowering my price per share, and hoping for a little bump so I can get rid of it on the positive side.   
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