Closing one trade and general updates

By: ispeculatornew
Date posted: 03.29.2011 (4:26 am) | Write a Comment  (1 Comment)

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It has been some time since we’ve been able to close a trade as our trades have fluctuated but remained within our limits… but today we are thrilled to close the trade that had us Long Priceline (PCLN) and Short IAC Interactive (IACI), which was up +22,36% as of last night. It will be closed at this morning’s opening.

Priceline has been a great target over the years as it continues to display solid growth despite being a “big online company” by most standards.

Our 4 remaining live trades are:

Long Google (GOOG) & Short AOL (AOL): +1,66%
Long CTrip (CTRP) & Short Valueclick (VCLK): -2,23%
Long Amazon (AMZN) & Short Yahoo (YHOO): -3,56%
Long Apple (AAPL) & Short Blue Nile (NILE): +2,39%

So far this year, the performance has been strong as our average stock pick has returned 9,74%! We’d be thrilled with even half of that so let’s hope things continue to go well. You can expect a new trade to be opened on Monday at the latest!

http://www.intelligentspeculator.net/free_stock_picks/new-trade-long-ctrip-ctrp-short-valueclick-vclk/
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1 Comment

  1. […] being able to close out the trade on Priceline (PCLN) and IAC Interactive (IACI) last week, it meant that I would be able to open a new trade which was obviously very good news. I […]

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