Wednesday, January 24, 2007

Cashed In My Chips

I decided to cash in my chips today in MGM Mirage (Ticker: MGM). This stock was purchased on 12/4/06 at $54.85 and sold today at $70.63 generating a net return of 28.54%. I still like MGM Mirage, but it’s just had an amazing run. Any pullback in MGM Mirage and I’ll be back in. I used the proceeds from the MGM Mirage sale and added to MasterCard International (Ticker: MA) at $112.48 and Sears Holding (Ticker: SHLD) at $178.26.


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