Monday, March 18, 2013

Morning Fright

The morning started off with a few trailing stop loss orders firing off: FLT, MPW, and URI. URI was the only full position sold. The FLT sale just downsized my largest holding, and the MPW sale was meant to get me off of margin. -3.9%, +11.5, and +5.3% respectively.

After reviewing all my holdings (and more) this weekend, I found I like the growth potential of KOG the most. Next year's EPS estimates yield a forward P/E of 9.8, with triple digit sales growth for a while to come. Next year's quarterly sales will average 154% above the MRQ's figure. I bought more shares and some June calls.

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