Thursday, September 27, 2012

Whew!

Well, I did dodge a bullet.  I think I mentioned a few weeks ago that I had bought GTAT as I was encouraged by their potential foray into smartphone screens.  As I felt the market was getting toppy last week and I felt GTAT was a high beta stock, I sold all my shares at $6.50.  I kicked myself (hard to do) the first couple days as it ran to about $6.90.  But this week, they have been downgraded and with the broader sell-off, they dropped to $5.30. Whew!  Not sure if I will buy back in.

I did buy two stocks this week through orders I had set up a month ago.  An INTC add happened at $22.50 and I also added GNW at $5.40.  We will see how those work out.

No comments: