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As of: 11/20/08

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UPod: Trade Notes

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Bought SBUX at 17.78

posted 03/04/08 09:57 AM (Note posted about 3 hours after the trade) | Viewed 270 times
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Transaction: Bought
Symbol: SBUX
Quantity: 10 shares
Price: $17.78
Value: $177.00
Stop Order: No @ $N/A
Target Price: $0.00

Catching a falling knife?  It sure looks and feels that way, but the zero-commission trading for a month helps numb the pain.  I don't know what to say that I haven't already in my previous trade notes.   I'm going to keep buying on dips.  Because of the zero-commission trading for a month, I'm going to purchase smaller quantities more often rather than buy large chunks of shares with less frequency (glad I have some cash in my account to burn).

I'm actually starting to get  somewhat close to the total number of SBUX shares I want to have in my portfolio.  I have several more months before I accomplish this after which it will be time to shop for new company to build a long position in.

Edited by UPod at 04/08/08 05:44 PM

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1 user tagged it: SBUX, Stock, Buy
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Will Profit

Member since: Mar 07
Trades Not Shared
Trade Notes 77
Blog Posts 107
retired
Age: 90's
UNITED STATES
Will Profit
Posted March 04, 2008 (10:06AM)
When did you develop an interest in SBUX?
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UPod

Member since: Dec 07
5 Day -14.46%
15 Day -30.58%
1 Month -26.96%
3 Month -46.78%
6 Month -50.76%
As of: 11/20/08
Trades 87
Trade Notes 21
Blog Posts 75
Programmer / Analyst
Age: 30's
Minneapolis, MN
UPod
Posted March 04, 2008 (10:47AM)

I developed an interest in the fall of 2006 ( before I opened my TK account ).  Started trading them on and off in the fall/winter of 2006 and spring of 2007.  I didn't start building my current position till November 2007.  

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locogmac

Member since: Sep 06
5 Day 5.83%
15 Day -2.05%
1 Month -9.64%
3 Month -51.58%
6 Month -63.01%
As of: 11/20/08
Trades 228
Trade Notes 32
Blog Posts 21
Student
Age: 20's
Washington UNITED STATES
locogmac
Posted March 04, 2008 (01:52PM)
Is the zero-trading for the month of March or April?
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UPod

Member since: Dec 07
5 Day -14.46%
15 Day -30.58%
1 Month -26.96%
3 Month -46.78%
6 Month -50.76%
As of: 11/20/08
Trades 87
Trade Notes 21
Blog Posts 75
Programmer / Analyst
Age: 30's
Minneapolis, MN
UPod
Posted March 04, 2008 (02:10PM)
It's for March.    I talked to Mike today and he said it's going to change the comissions to $0.00 later today.   For any trades made yesterday or up until the point he makes the change,  he said he'll remove the commission.
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