Purchased 350 shares of McDermott International (MDR) at $9.46/share. Total cost: $3,320.87
MDR is taking a hit after people have mixed feelings about their first quarter results. I’m not putting too much into this stock because I haven’t spent much time researching the company. One thing is clear though: At the end of the day, MDR is a strong undervalued company…especially after today’s steep drop in price.
2% return Sold 600 shares of Xerox (XRX) at $8.49/share.
Purchased 600 shares of Xerox Corp. (XRX) at $8.32/share. Total cost: $5,003.80
I feel like doing a little day trading…
.4% return Sold 605 shares of J.C. Penney (JCP) at $16.20/share.
Ron Johnson leaving JCP really killed my expectations for getting a nice return. I visited a couple stores during the past month and they were empty. This makes me a little nervous so I sold after the news of George Soros filing his 13G with the SEC shot the price up this morning.
Purchased 255 more shares of J.C. Penney Co. (JCP) at $15.69/share. Total cost: $4,009.61
I was spontaneous this morning and bought more JCP. Probably not the best idea. Have over $9,000 invested now. Hoping to sell half the shares next week for $100 profit. Planning on holding the rest of the shares for a couple months for a $700 profit.
Purchased 350 shares of J.C. Penney Co. (JCP) at $16.41/share. Total cost: $5,752.78
8% return Sold 330 shares of J.C. Penney (JCP) at $16.48/share.
I’m hoping for a drop in price soon. So soon, that I’m planning on buying back in tomorrow. JCP is too low not to invest.
Purchased 330 shares of J.C. Penney Co. (JCP) at $15.22/share. Total cost: $5,031.75
2% return Sold 605 shares of Logitech (LOGI) at $6.80/share.
Dow is higher than its ever been before. Good time to sell!
Purchased 605 shares of Logitech (LOGI) at $6.61/share. Total cost: $4,012.04
LOGI was too low not to buy today. Expecting to sell tomorrow.
The Dow is a few points away from beating its 2007 record high.