In the frenzy of Sell notifications I missed one in my last post, Sell, Sell, Sell.
This one happily was also sold at a profit. Seagate Technology PLC (STX) was a stock that I had bought before this (mis)adventure began based on a recommendation from the Valueline Investment Survey. The stock is still rated better than average by Valueline, but the price has been steadily declining for the last six months. I figured it's time to lock in my gains and reconsider the stock at a later time if it shows signs of a recovery in the price.
Purchased at a little above $35, I sold quickly at market price fetching just shy of $44 for a net gain for 25%, not bad. Ka-Ching.
This one happily was also sold at a profit. Seagate Technology PLC (STX) was a stock that I had bought before this (mis)adventure began based on a recommendation from the Valueline Investment Survey. The stock is still rated better than average by Valueline, but the price has been steadily declining for the last six months. I figured it's time to lock in my gains and reconsider the stock at a later time if it shows signs of a recovery in the price.
Purchased at a little above $35, I sold quickly at market price fetching just shy of $44 for a net gain for 25%, not bad. Ka-Ching.
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