Tag Archives : stocks
Posted by Dr Mike on July 8, 2010 2 Comments
Position: 100 shares
Avg. Price: $26.60
This was a buy near recent lows and also a play to capture the dividend ($47.50 for 100 shares). My target is the downtrend line from the Dec 07 high. It is around $28.90 at the present time. Earnings are due out in a couple of weeks. If it runs up prior to earnings I will most likely take it off then.
Sold @$27.00 prior to earnings. I did not want to [...]
Position: 700 shares
Avg. Price: $3.48
This position is a long term trade. My thoughts were to buy it when it dipped close to where the government bought in and then add as it went up. My outlook is that C will grow at some point and maybe this position will be ready to cash out 10 or so years down the road. I see it as a defined risk, similar to an option. My full position will be 1000 shares [...]

