Thursday, February 16, 2006

BUY & SELL

Today we decided to cut our losses on two Stock of the Week stocks and invest the proceeds into Ford Motor Company(F)
Sunrise Assisted Living Centers (SRZ) has been dragging the Stock of the Week portfolio down for months now. Today when we sold it at -26.94 , we cut our losses.
Additionally, we sold Dierdich Coffee (DDRX) which was down 13% to put our Stock of the Week portfolio in a positive position. With a loss of $1600, we took the proceeds of the sale on both stocks to add 757 shares of Ford Motor Company(F) to the portfolio. We bought Ford (F) at 8.44 and hope to watch it ride!

0 comments: