Sold TIM ALERTS Inspired Pick For 16% Gain
By admin on May 6, 2009 in sells
I just sold my TIM ALERTS inspired pick from yesterday for a 16% gain. That’s a pretty damn sweet gain for a single day, eh? And even better I could have made even more on it as the stock has continued to gain after my exit (I’d be up 24% right now if I were still in.)
I didn’t want to share the pick yesterday as I felt that wouldn’t be a cool thing to do since I got the pick from the “members only” TIM ALERTS community (yes this pick didn’t come from Tim Sykes himself, it came from one of the other paid members - there’s a lot of discussion between the members which is one of my favorite parts because these guys seem to really know their stuff.)
But now that I have sold the stock I think it’s OK to share: FRP. I bought it yesterday at $1.25 and sold it at $1.45, it’s actually at $1.55 as I type this so once again I got out of a stock too early. But I think too early is better than too late!
This is also the first trade I’ve made with my new SogoTrade account and I’m very excited to see that they’ve immediately made my money available to me to trade again (Ameritrade makes me wait for my trade to settle.) I’m looking for another pick to make now.
Make that $1.68 - would be up 34% if I had held it a bit longer. This was a really great pick. I need to have more confidence in the picks so that I stick with them through the real pop.
admin | May 6, 2009 | Reply