Tuesday, November 18, 2008

VNUS - Bought to Cover

Well, I made 4.1% a lot faster than I thought I would on VNUS. I just bought to cover at $13.63 with a gain per share of $o.58. I wanted 5% but given my schedule today, I figured it would be my safest bet to remove myself while I was ahead!

RECAP:

SS VNUS @ 14.21
BC VNUS @ 13.63

Day Trade Disclaimer: This counts as a day trade since I bought and sold the same security within the same trading day. If you have less than $30,000 in capitol (depending upon your broker's rules) you cannot buy and sell, or make a round-trip, on any one security more than 3 times in 5 consecutive business days. So, for four more trading days I have to be sure not to execute more than 2 day trades.