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Tibco pops on profit surprise: End of trading day for TR (Twitter Reality) Portfolio 06/26/09

  • Sold TIBX at $7.40 (+2.1%) [Bought at the open for $7.25]

Tibco Software got a big pop in after hours trading yesterday and trading today (up almost 9%) after surprising profit numbers were reported after yesterday’s close. This generated quite a bit of buzz about “Tibco Software” on Twitter.

We got in at the open, the stock ran up to around $7.40, and pretty much stayed around that price throughout the day.

TR Portfolio scoreboard (started on 1/12/09):

Number of trades (closed): 113

Winners: 53.1%

Average P&L per trade: +.8%

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