Wednesday, December 31, 2008

FARO - Sold

Sold FARO at $16.86 for a gain per share of $0.46 and a return on investment of 2.8%. I didn't get the full 5% I wanted out of it but I decided I'd rather short sell through its next pullback rather than wait for it to rally back up to the 5% goal I'd set.

So, that's something I'll be looking for - the right entry point for a short sell of FARO.

Happy New Year! Stay safe!