Thursday, December 16, 2004

12/16/2004 - Stopped out of OSIP

Well, that was quick. I am out of OSIP. Sold at $47.53. As I said in my post last night, this stock trades on emotions and there is no floor here, (i.e. earnings, dividend, nada). So, I had a plan in place. I knew when to buy and I knew when to sell. I am out with a "businessman's loss." A calculated loss, if you will. I live to fight another day. Pretty glamorous, huh?

2 comments:

Michael said...

damn! I was hoping that you at least made money on it. I got smoked. :-(

jwk said...

Mike, who would have guessed. After the close I start reading about class action suits and feel elated that I sold. I wake up the next day and the stock is up 22 bucks. I guess this is good for character, but nothing else...