Sep
10th
Thu
10th
SWHC shoots upward but TR killed on opening trade: End of trading day for TR (Twitter Reality) Portfolio 09/10/09
- Sold SWHC for $5.99 (-5.1%) [Bought at open for $6.31]
Smith & Wesson Holding (SWHC) rose today on strong profits in Q1. Despite the rise, buying at the open was not a good way to go, even with the overall market rising from the open. A bad fill at the open didn’t help either. There was considerable buzz about the stock, but it was not reflected in an upward push during the trading day. Looks like we shot ourselves in the foot on this one…
TR Portfolio scoreboard (started on 1/12/09): Number of trades (closed): 117 Winners: 53% Average P&L per trade: +.7%
