Tuesday, June 21, 2011

Sold Apple and More Fundtech

I sold Apple (Ticker: AAPL) today at $315.73… Near the low of the day! I started to worry because the stock was starting the break down and was looking awful on a technical basis. I’m still walking away with a small profit, but I’ll probably be kicking myself for selling.

I added a bit more to Fundtech Ltd (Ticker: FNDT) today at $19.71. This company is in the sweet spot right now as the major banks are transitioning to their software for various transactions. The share price is reasonably priced even if there is no buyout. The odds are high that something will happen.

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