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Trading Symantec Stock - Sold SYMC for a loss on circuit breaker |
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Losing Money
Copyright 2005 by Morris Rosenthal All Rights Reserved |
Thursday, March 15th, 2005
Curious to see if GM recovers at all today - dead cat bounce. Watching with amusement as Tivo slides back down, there's a stock that was heavily speculated on due to news. Fighting the impulse to buy MU again before their report next week and waiting for a chance to get back into Ceragon for around $5.00 - may pick some up anyway since I don't mind owning it for the longer run. Then I remembered I had to sell my Symantec under the 5% rule - really a coin flip since AMD is down too far as well. Sold out of SYMC at $20.23, bought at $21.19, so a $106 loss with round trip trading costs. Compared to the rest of the week, it looks like a real bargain. I don't even remember why I bought SYMC at this point, something about a new computer worm out on the web, I think.
1Portfolio balance is after all trading costs in SEP brokerage account with BrownCo |
Losing Money | Israeli Stocks | Hardware Stocks | Software Stocks