SUMMARY OF THE FIRST QUARTER
The DOW closed at 10,856
The S&P closed at 1,169
The NASDAQ closed at 2,397
Let’s see the results of my recommendations for this quarter.
JASO on 2/28/2010 was recommend to buy at $5 a share on 3/30/2010. It traded at $5.90 - a gain of almost 20% .
SOLF on 2/28/2010 was recommended to buy at $6 a share. Today it traded at $7.95 - up almost 33% .
MSFT was recommended 3/2/2010 to buy at $28.50. On 3/28/2010 it traded at $30.50-up almost 9%.
C on 3/4/2010 was recommended to buy at $3.40. On 3/28/2010, it traded at $4.35- a gain of 33%.
AMAT was recommended to buy on 3/9/2010 at $12.40 a share. Today, it traded at $13.73- up almost 11%.
Additionally, there were buy recommendations issued on other stocks last month. I shall revisit them next month to see how they appreciated.
The point is, investors selling stocks to secure a profits it is what is all about. Sometimes a profit can be achieved in few days and sometimes they have to wait weeks or months. Therefore, each time the opportunity comes along to secure a profit, TAKE IT.
Wednesday, March 31, 2010
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