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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Selling STE and putting money in GLW = Blog update on STE trade

Date January 30, 2012  Edited: January 30, 2012    Comments Comments (1)    Rate this post Recommend This Post (24)   
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Please see my blog from Jan 14 - 2 weeks ago - STE has reached it's target price - It can go higher and will use mechical sell order per plan.


GLW also fits the bill of trading in a range of 14.50 to 16.50.


 


So I swapped out of STE today and put money in GLW


GLW has 3% down side risk and 15% up side potential at todays price of 14.60

Tags : STE   GLW  

1 Comment(s):

Author rjm77me     Date February 3, 2012 14:21  Edited: February 3, 2012 by rjm77me Abuse this post Report Abuse
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This trade worked like a charm - GLW is up 90 cents while STE has not moved
If you traded out of STE - it would have been a great trade for 3 days - $30 rom STE would have bought 240 of GLW
Means this trade made extra $220 for a safe trade just for 100 share lot or $300 investment. Remember I recommended STE around $28 or 2800 investment only 20 days ago - Net profit of $430 or 15%plus
Happy trading
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