Friday, March 24, 2006

Sold Tim Hortons

I didn't want to get greedy so I sold the Tim Hortons IPO shares. I sold at $32.10 generating a quick profit of 38.6%. Ok, time to look for other places to deploy some cash...

2 Comments:

At March 24, 2006, Blogger Mathieu said...

That was a quick move !

Nice profit out of it, I wish I could get my hands on some IPOs once in a while but Ameritrade doesn't seem to offer that option.

 
At March 24, 2006, Blogger Money Turtle said...

I wish I can say it was skill, but it was just plain luck in selling near the high.

TD Waterhouse and Ameritrade are merging so maybe they'll expand the IPO offerings to all of their customers. I've been very happy with TD Waterhouse and I hope things don't change too much with the upcoming merger.

 

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