Sold CAT at 40.81
Trade Note:I bought at 31.81, mainly on speculation and just using technical charting, the stock was going to its normal low before, as I had predicted correctly it would rise again. however, I was not expecting such a large run up following earnings. Selling this at 40.81, or $9 per share has helped me cover all losses incurred since June and even allowed me to make a small profit. I sold before hours just because from experience I tend to see a larger price before earnings than during the normal hours (however with a much lower volume). CAT before normal hours had over 1,000,000 volume, so it was very liquid.
Looking forward, I may look into playing AMD, STJ, and several others. We shall see...
Happy trading to all.
Posted 40 minutes after the trade
|CAT 89.02 +0.66 (+0.75%)|
|Users bought (this month)||0 (0.00%)|
|Users sold (this month)||1 (100.00%)|
|EPS (trailing 12 months)||9.76|