However I missed the correct exit point as I was away flying in a paragliding competion (!) so I missed the initial 10% profit point I should have taken on 7/2.
Worked out OK - 5.9% profit including the dividend in a little over a month.
August 15, 2012
Sold MS - 5.9% in 44 trading days
This was originally planned as a 'MS punished by Facebook IPO Disaster Play'. After MS took a dive due their involvement in the horrendous Facebook IPO (translate: Bankers made a ton of money, small investors took a bath), I calculated that Morgan Stanley was due for a rebound.
However I missed the correct exit point as I was away flying in a paragliding competion (!) so I missed the initial 10% profit point I should have taken on 7/2.
Worked out OK - 5.9% profit including the dividend in a little over a month.
However I missed the correct exit point as I was away flying in a paragliding competion (!) so I missed the initial 10% profit point I should have taken on 7/2.
Worked out OK - 5.9% profit including the dividend in a little over a month.
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