I placed a limit order in around noon for $36 and it got executed in the last few minutes of trading...Honestly, i would have never thought we'd be right here, right now after i bought at $28 a few weeks or so ago...Even though this has a lot of promise as a company, i sold 35% of my ETEC position because i feel that the stock has done a lot percntewise in the past few days...
BUt i did the same with PCMS (sold 30% at $26.25 after purchasing a few weeks earlier @ $21.25) and it kept rising to the steady $31-$32 where it hangs today...
I'll place a limit order to buy around $32...if it goes back down, great...if not then my other 65% will carry me...
Since i've retuned my portfolio about a month or so ago, DELL, PCMS, and ETEC are my big winners....
TLTK, SANM, and FIBR are only down a tad...just a matter of time for them (not so sure about TLTK but it's the smallest portion of the total anyway)...
And my 7th and final stock i purchased today @ $71 and it closed @ $69.25...and that is HTCH...
Since looking at the WSJ earnings and parsing out 1 of 100 stocks to look at and buying only a few of them (SANM, ETEC, PCMS), I have been rewarded very well...The others i read on the web or saw on Cable...
I strongly urge anyone who has any extra time to do the same the next earnings report series...if this can only keep up....
PS. There were also a lto of strong stocks such as EFII and MRVC which look ok from a fundamental point of view but these are reserved for when the prices happens to fall again, and i'll pick some up...otherwise, i don't give a rip how high they go...
Looks for stocks with low PE (or last Q earnings * 4) ratios to what you think (or what is) the earnings growth rate...and you'llmost likely be ok....Hope this helps someone since were all trying to make some $$$ |