Thursday, April 11, 2013

Selling and Buying the Same Stock

MPW had an odd day. The dividend posted to my accounts then the stock dropped at the open, tripping my tight 3% trailing stop loss orders, closing out positions at +22% and +14% (not counting dividends). As it turns out, I had staged orders to buy MPW for two other accounts pre-market. So why not buy it on sale? We'll see how things shake out. At least now the big money is off the table ... it was 6x the new stake.

I also bought shares in NNN and calls in HEP based on new stock screens. I was also going to add onto my JAZZ position but got distracted.

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