Sold 2300 shares of TNK at 5.61
Trade Note:Bought this lot at several different levels. Looking back I wish I had sold at $6 but still glad about the 18% profit plus the dividend. I see the market as a whole taking a 5 to 10% correction in the next few weeks taking TNK down with it. Also, though the spot rates were good in Jan and Feb they have softened in March and the summer is usually soft for rates. I have a limit order set to buy back with gates set at 5.36,5.18, and 4.99 Comments welcomed and encouraged.
Edited by Draven at 04/15/12 at 08:54 PM
Posted 4 days after the trade
|TNK 3.15 +0.01 (+0.32%)|
|EPS (trailing 12 months)||-0.39|