Monday, July 10, 2006
Thanks KTCC
My portfolio gained 0.5 percent today mainly on account of KTCC. The stock surged afterhours after the company raised guidance for the coming quarter. At one point last year, KTCC was my biggest position (over 10,000 shares). However, as of today, I was down to only 2700 shares, 1700 of which I sold for $6 tonight. On a fundamentals basis, I think the stock is still worth closer to $8 but the stock has a nasty habit of selling off after spiking on good news, so hopefully I will be able to buy back the shares I sold tonight at a lower price than where I sold them.
# posted by Stockcoach @ 8:41 PM 
