Thursday, November 20, 2008

NTAP - Bought to Cover

Just bought to cover NTAP at $11.72 for a 4.7% return on investment and $0.58 gain per share. It was much lower this morning but for whatever reason it had a large rally so I sold at the low point of a pullback. Wish I'd gotten out earlier this morning but I think I had a good recovery exit strategy.

RECAP:

SS NTAP @ $12.30
BC NTAP @ $11.72

P.S. Just looking around - it looks like we're having a bit of a rally today. Yay for the economy, boo for my picks.