Patrick's Rants



1/26/2013

GTE

Filed under: Money,Stocks — site admin @ 2:26 pm

I traded GTE a few times in 2009 grabbing around 9% on one trade and 11% on the other – at nearly half the price it is now. Yesterday I just added 300 shares to my account at $4.99 and looking for the pop to $5.78, that’s almost a 16% move before commissions and if it happens fairly quickly, a much better use of cash than waiting for 5% returns on YHOO options.


This is my account and what I’m doing – if you follow me we might both lose money. 🙂 Remember, do your own research.

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