Monday, November 10, 2008

BW - Sold

Well my experiment with BW paid off (or paid back) to some degree - I bought at $11.97 and sold at $12.46 for a gain per share of $0.46 and a return on investment of 3.8%.

RECAP:

BW SS 100 @ $11.34
BW BC 100 @ $11.97

BW B 100 @ $11.97
BW S 100 @ 12.46

I wanted to make back at least what I lost on BW by reversing my position, but I decided that I'm not real confident in the market either way right now, so I thought I'd go ahead and sell while I was at a gain this morning.