Tuesday, February 07, 2006

Collective2: PER out


Disappointing loss of $457 on this play. I added it to the portfolio last week, using what I thought was a reasonable stop - but today's big gap down on pre-market earnings whipped the position out. This was of course followed by a rally and higher close (Murphy and his market laws at play).

Gotta roll with the punches. Only two stocks left in the portfolio and I will be holding off adding new positions until this market provides some better value.



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