Jun
26th
Fri
26th
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%