Friday, July 17, 2009

Trade Review:(SNDA)

This one is pretty easy. I managed to string a couple of winners together and my ego crowded me out of the room. I got impatient and arrogant, and bought (SNDA) on 6/3 as they released earnings to ho-hum response from the market. It was nowhere near a sound buy point, and certainly not the kind of massive move on earnings that would forgive buying a stock without a sound buy point.

I stopped out of it for a loss a week later. This would turn out to be strike one.

1 comment:

Unknown said...

Geoff,

How's it going?

From what I remember, your three week vacation ended last Monday. Did you get a chance to get into GMCR? Any other stock?

Hope all is well.