Week 4 – 6/30/08 to 7/6/08
This week I planned to get rid of all the leftover stocks that I was holding onto hoping that they would eventually increase. I sold all ofmy SPCK, ACGI and BOCX. These were not bad choices. Although I had a net loss for all of theses stocks, at one time during a day the stock did increase to more than I bought it for. I work during the day so
I only see where the stock market closes each day. If I could have watched the market all day then I would have been able to sell these stocks for a profit but I only see the closing prices. The closing prices were not nearly as good as the prices during the day. Once I “missed” the upward trend these stocks went down and did not show any signs of
increasing. I felt that I had to cut my losses and stop holding on to these stocks.
I did buy the INIS as I planned. Once I saw that the stock had increased $.04 over what I had bought it for so I sold it for a $2,025.28 profit. The stock has stayed pretty steady this week even after I sold them. Here is the chart for the last days.