Patrick's Rants


Closed GTE

Filed under: Money,Stocks — site admin @ 3:07 pm

Today GTE hit 7.60 and my order that was in to sell was hit. So purchased just over a month ago and sold today. The simple return on this transaction is 5.89% annualized it’s just over 75%. I love it when a plan comes together 🙂
Time to take a look to see if I should be in for another roll.
After looking over the chart and checking my screener I placed another order to buy at $6.89. GTE hit this three times in May and I believe that it could roll down again. I still like the frequency that it has hit 7.60 vs the possibly higher exit price of 7.75 so the sell price will be in at 7.60 if I get filled.

This is my account, I’m posting for entertainment and educational purposes only. There are no stock tips or recommendations here. Do your own thing.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress
Comments, opinions and drivel © the poster. Satire protected under Fair Use. Opinion protected under First Amendment (see: Constitution of the United States)
Nothing on this site should be construed as tax, legal, or investment advice. If you need any of those things, seek out a professional whom you can pay for such advice. Posters cannot be held liable for your failure to perform your own due diligence.