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.
Thursday, September 27, 2012
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