Sold Leucadia National Corp.
I'm usually a buy and hold investor, but once in a while I catch the short term trading bug. Today, I decided to sell Leucadia National Corp (Ticker: LUK). This stock was purchased on March 13th @ $55.37 and was sold today @ $59.39, generating a 6.27% return over a two week period. I may jump back in if it pulls back a bit, but in the mean time I'm going to look for some longer term holds. It's time to get over this short term trading bug!
posted by Money Turtle @ 8:10 PM
2 comments
2 Comments:
I am tempted on that stock as well, but it has received a lot of attention lately. They sold their holdings of Level 3 a little shy too.
You really have to do your homework on this company. Management doesn't say a thing... Just check out their corporate website and you know what I'm talking about.
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