Wednesday, November 4, 2009
Portfolio Review
We decided to sell our remaining 500 shares of DXRLX because of lack of performance. We lost nearly two dollars per share on the stock and no longer felt that it was a worth while investment. We decided to invest in Hersey because at the time Halloween was coming. The shares cost 39.27. With Thanksgiving and the holiday season approaching we felt that purchasing Pepsi and Conagra Foods. Pepsi shares sold for 62.45 and Conagra for 21.59. So far all three of the stocks are down very slightly. We expect them to rise within the next few weeks with Thanksgiving around the corner.
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I know that selling stocks can be hard especially when your going to lose money. Hershey was a good buy though with the holidays coming up. Chocolate is a popular present. Pepsi was also a smart choice because people tend to drink a lot of soda during the holidays for parties. Good luck with your new stocks.
ReplyDeleteWhat is the total commission costs you paid?
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