Wednesday, March 01, 2006



I've mentioned before how much I hate this stock ever since I picked it up well above where I should have thanks to a market order I should have never placed Feb 15th of last year, it accounted for less than 5% of my portfolio and was just dragging me down. But I was confident I could wait it out and let the stock get back into the black. and today it finally did! I even went so far as to reccomend the stock when it was at $17 a while back.

Today Cisco jumped 3.4 percent to $20.93 shortly before the company's chief operating officer was scheduled to speak at a Merrill Lynch conference.

ok now get this, I made a whopping 34 cents off of this, that's right! Thirty four cents! (it was supposed to be 35 cents but Scottrade my broker was slightly off by a few thousands of a cent in the limit order and it cost me a penny.

If my position in UNH wasnt significant already I'd be even further mon backing, BTW GE is getting into a value play... again, last time I picked it up was at $32.69


At 8:59 PM, Blogger Salbert said...

Yeah, that CSCO just sits in that 17020 range, NOTHING!

At 8:59 PM, Blogger Salbert said...

This post has been removed by a blog administrator.

At 3:57 PM, Blogger Salbert said...

Just so ya know, the deleted comment was me, I accidentily posted the same comment twice. Now what do ya think of YHOO down here?


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