Sold SRS / Bought FXP @ $17.08
By admin on May 13, 2009 in buys, sells
I’m in the weird situation of not knowing exactly what I sold SRS for. I think I had set it to sell at $23 yesterday (GTC) and had forgotten that I had done so. So I was excited to see SRS jumping this morning but when I went into my SogoTrade account it had already been sold! If it was sold for $23 (and I’m actually not sure that it was because SogoTrade doesn’t seem to show me my completed trades until a day later?) then that was a gain of 3.5% … Anyway - the point is I didn’t really want to sell SRS but I also didn’t want to get back in after having sold it, luckily another stock popped up on my screener this morning and I was able to get in very close to my screener’s perfect entry point. I bought FXP at $17.08 …
It’s actually quite dumb to do what I did I think. There’s no reason to set a sale point like that on the way up. That’s a great way to get knocked out of a stock before it’s true pop. When I figure out exactly how much I sold SRS for I’ll update (in the comments) with that figure.
I’d have done better to stick with SRS it looks like but FXP is doing alright. I’m up about 2%.
admin | May 13, 2009 | Reply
I checked my account and I was right, I sold it at $23 for a gain of about 3%.
admin | May 14, 2009 | Reply