Patrick's Rants


Fizz Sale

Filed under: Money,Stocks — site admin @ 12:35 pm

I sold FIZZ today @ 13.50. I had adjusted my sale price since the recent chart showed a trading channel up to 13.50. The profit is not nearly as “good” as it would be at $15.00, but I went for a quicker turn versus a higher single return. As I commented before, I could be looking for a few more turns.

Net profit: $29.99, 2.29%. Annual rate of return (which assumes that one could continue at this rate) 150% – holding period was 9 days.

Disclaimer: This is not a recommendation for this stock one way or the other, just what I’m doing. I’m not selling stocks, you need your own broker.

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