Thursday, December 08, 2005
Took some profits in DLPX
Up about $1,400 today. I sold 2,000 shares (half my position) of DLPX at $3.19 (at what turned out to be the high for the day, which has got to be a first for me). In retrospect, I'm not sure if that was a good idea. Looking back at the day's chart, I'm impressed by how well the stock held its ground. I think that's a bullish sign so I wouldn't be surprised if DLPX went to $4 by the end of next week.
However, I'm trying not to be greedy. A 45 percent return in two days is nothing to sneeze at. Besides, I am still peeved about Bozo (umm.. I mean Bonso). I bought 2,500 shares at $4.20, the stock went up to $7, and now it's back to exactly where I bought it, and I never sold a single share. Gotta take profits along the way. Like Cramer says, bulls make money, bears make money, but pigs get slaughtered. Speaking of which, I don't think I've watched Cramer's show for 2 months now. Am I the only one who quickly got bored of his shtick?
However, I'm trying not to be greedy. A 45 percent return in two days is nothing to sneeze at. Besides, I am still peeved about Bozo (umm.. I mean Bonso). I bought 2,500 shares at $4.20, the stock went up to $7, and now it's back to exactly where I bought it, and I never sold a single share. Gotta take profits along the way. Like Cramer says, bulls make money, bears make money, but pigs get slaughtered. Speaking of which, I don't think I've watched Cramer's show for 2 months now. Am I the only one who quickly got bored of his shtick?
# posted by Stockcoach @ 9:28 PM 
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Congrats on DLPX, really well picked! On Bonso, hope for a dividend announcement, seems to drive the price up.
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# posted by 
: 11:45 PM, December 08, 2005
: 11:45 PM, December 08, 2005 << Home
