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Jim Thomas
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| 04/26/2008 4:08 PM |
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Danny,
What do you plan to do with your LifeCell shares (since it's being acquired)?
-Jim Thimas |
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Danny Matthews
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| 04/27/2008 1:38 PM |
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Hi Jim I put in a request to sell LIFC on 4/22. I haven't decided on what to do with the proceeds but I am looking to financials and will probably add to my BAC to average the cost per share down, + (6% yield). The other financial I am looking at is JPM
I decided not to stay with the acquiring company as often there are problems with integrating companies with one another |
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Danny Matthews
Tuscola IL |
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Jim Thomas
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| 04/27/2008 7:50 PM |
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Thanks. In my spreadsheet, I recorded a 4/22 sale of LIFC: 41.425021 shares @ $50.52 less a $9.99 commission. Congratulations, you sold for $2,082.80 what you bought for $1,000 about a year and four months ago.
Please do report on how you invest the proceeds. |
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Danny Matthews
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| 05/01/2008 10:45 AM |
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With the proceeds from the LIFC sale I will add $750 to my BAC holdings. Effectively doubling my position in BAC and use the rest for QSII. I think Ralph holds this if you don't want the same stocks in different portfolios let me know. I will add my SSG's updated 5/1. in those forums. Joe or Jim can you give the holdings totals so I can update my manifest dashboard? |
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Danny Matthews
Tuscola IL |
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Jim Thomas
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| 05/01/2008 11:53 AM |
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I don't want anyone to get the idea that I'm setting the rules for this contest, or that I am in any way "in charge" of it. I'm not.
However, it does seem to me that if you're going to change your holdings that you need to be specific about when. I believe past practice has been for all transactions to be recorded using closing prices and to disallow retroactive transactions (you can't say you want to buy or sell at a date in the past).
So, Danny, do you want to buy BAC and QSII at today's closing prices? I show you with just over $2,000 in cash so putting $750 more into BAC would leave about $1,250 for QSII.
-Jim Thomas |
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Danny Matthews
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| 05/01/2008 1:41 PM |
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I assumed that the day I put in the order the prices would reflect that days closing. So my order should reflect 5/1 closing prices. . |
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Danny Matthews
Tuscola IL |
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Jim Thomas
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Danny Matthews
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