Tuesday, November 21, 2006

Got Spirit Aerosystems and Sold

To my surprise, I was offered a few shares of Spirit Aerosystems (Ticker: SPR) ipo at $26 per share. I promptly flipped the stock and generated a net gain of 9.61%. I continued to trim the weeds today by selling half my holding in Boston Scientific (Ticker: BSX) and generated a net loss of 28.33%. Ouch! Finally, I picked up some Sears Holding (Ticker: SHLD) at $172.93. Ok, I've been trading too much and making my broker rich. I'm going to slow down a bit and see how the new positions work out.

3 Comments:

At November 22, 2006, Anonymous Anonymous said...

NO in the public got in at 26.00.that a fact.it opened to the public @ 27.55

 
At November 23, 2006, Blogger Money Turtle said...

Umm... I got in this ipo at $26 per share. You sound a bit confused about the ipo process. To learn more about ipo's, I suggests you check out ipohome.com.

 
At November 23, 2006, Anonymous Anonymous said...

Dang, oakland. money turtle pwned you.

 

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