DannyUpshaw > Trade Notes

5 Day	0.00%
15 Day	0.00%
1 Month	-10.39%
3 Month	41.91%
6 Month	-27.62%
As of:	01/06/09
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Member since: May 07

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DannyUpshaw: Trade Notes

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Trade

Sold 300 shares of CRNT at 8.88

DannyUpshaw posted on 03/26/08 at 03:36 AM (Note posted about 9 hours after the trade)

CRNT 5.54 -0.26 [-4.48%]
Trades \| Notes \| Blogs
Users Bought (30 Days)	0 (0%)
Users Sold (30 Days)	0 (0%)
Market Cap	201.86M
52-Week High	11.59
52-Week Low	4.30
10 Day Volume	292,000
P/E	12.89
EPS (Trailing 12 Mos.)	0.43

1Day 5Day 1Mo 3Mo 6Mo 1Yr

My Trade Ticket

Transaction:	Sold
Symbol:	CRNT
Quantity:	300 shares
Price:	$8.88
Value:	$2,664.00

Stop Order:	No @ $
Target Price:	$

Trade Note:

Well, I should have sold at $9.20 this morning (I think...), but when the price started falling, I couldn't pass up taking the 10% after owning for about a week. I'll buy back in when the price falls low again. I still don't trust this market, so I'm booking some profits while I can. --Of course, I just noticed that the priced jumped back to $9 right after I sold, but hey, when you can keep a 10% profit, don't complain. ...crap, it's actually back up to $9.10 right now. There's a good $60 that I missed out on by selling into the dip.

edit: looks like I sold way too soon. oh well, still can't complain about making money, even if it's not as much as I could have made.

Why did I decide to sell? Well, there's the 10% profit for only holding a few days. Second, there's not a lot of overly great news out there. The rise is probably due to a WallStreetJounal article that came out today or else the market "really" likes CRNT's new wireless products.

I'm still calling a dip. It's hard for a stock to gain 50% in under a week and maintain that level off no "real" news.

Edited by DannyUpshaw at 04/09/08 at 06:45 AM

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DannyUpshaw > Trade Notes

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Sold 300 shares of CRNT at 8.88

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