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.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.