What Sucked Today 3302007

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March 30, 2007

Not being in BPA. Remember that one? I bought it in January this year made a nice chunk of change and sold it without a reason? Well today its up 113% from my buy point in January. I’m not complaining. Not at all. Based on my trading method I should’ve gotten back in on 3-16-07.

This is the same method I used to pick BRCD today. Hopefully I get the same result.

I’m not trying to impress, just reinforce what I should be doing and hopefully not make the same mistake a third time.

The BRKR trade was a nice one. I got in at 7.89 and sold for an average price of 9.5. The stock is trading at 10.52 at todays close. The trade should have gone like this:
Sell all at 9.5 and then rebuy on 2-28-07 at 9.26. The stock went up another 14%. Total profit in a perfect world would be in the neighborhood of 40% on that one.

I’ll reiterate, the same methodology got me into BRCD today. Hopefully it doesn’t bite me in the ass.




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