Wednesday, January 02, 2013

Sold Workday, Inc.

I decided to do some trimming to my portfolio today as we enter the New Year with a nice little rally. I took my profits in Workday, Inc. (Ticker: WDAY) at $56.14 generating a net gain on 100.5% over a 4 month period. I received a few shares at the IPO price of $28. This is a great company, but the valuation is a bit stretched and is priced for absolute perfection.


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