Monday, October 18, 2010

Sold Apple

It’s hard to do, but I sold Apple (Ticker: AAPL) today at $316.71 generating a 20.34% gain over a 4 month period. Without a doubt, Apple is an awesome company, but this is such a crowded trade where any bit of perceived negative news will pummel the stock. As a general rule, I consider selling when I have a 20% gain.


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