June 30, 2005
Sold my NP
Sold my Neenah Paper today at $31.17 a share for a profit of $21.97 after commission. It fell to $30.97 by the close. I made a little over 2% on the trade -- better than a poke in the eye with a sharp stick, to be sure, though I could have done much better had I sold it a couple weeks ago. There's still a chance that it'll take off like a rocket in the coming months (in fact, now that I've sold it, it's probably certain to), but I'd like to try something else.
Here's a fun little chart:
That's today's Toll Brothers (TOL) chart. See that dip right about 2:30? That's when the Fed announced another quarter-percent rate hike. Heh. Lennar (LEN) had the same thing, as did HOV and KBH. May sell the LEN tomorrow, but I still intend to hold TOL at least until their late-August earnings announcement.
My IRA's value today at closing was $5557.96, which is a total gain of 10.58% on my original contributions. It was up above $5600 during the day, which was fun to watch. Much of that was due to New York & Co. (NWY) which made it up around $22 at one point but closed at $21.06. Blackboard (BBBB) continued to gain steadily.
Posted by kindall at June 30, 2005 02:10 PM