Archive for July, 2007

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GOAL REACHED: NetScout Systems, Inc. (NASDAQ: NTCT)

Friday, July 27th, 2007

Five Percent Stocks announced that NetScout Systems, Inc. (NASDAQ: NTCT) has met its short-term investment goal of 5 percent. The blog has closed its short-term position in NetScout Systems, Inc. (NASDAQ: NTCT).

Sell price: $9.49
Days held:  11 days
Position opened at: $9.03
Return: 5%
Reason closed: Met 5% goal

Please keep in mind that Five Percent Stocks works strictly to its mission of short-term investments seeking the magic 5% number within 30 days. Closing the position is not an indication of our view of this stock as a long term investment. To repeat, we are not professional brokers and do not intend for this advice to influence your own investments.

See the original BUY posting for (NTCT)

Categories: Goal Reached, Closed positions
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CLOSED POSITION: Yum! Brands, Inc. (NYSE: YUM)

Thursday, July 26th, 2007

Five Percent Stocks announced that Yum! Brands, Inc. (NYSE: YUM) has hit its stop loss price in the Five Percent portfolio. The blog has closed its position in Yum! Brands, Inc. (NYSE: YUM).  Ouch, glad I had the tight stop, still getting kicked in the teeth for this portfolio.

Sell price: $32.84
Days held: 21 days
Position opened at: $34.00
Return: -3.4%
Reason closed: Stop loss

Please keep in mind that Five Percent Stocks works strictly to its mission of short-term investments seeking the magic 5% number within 30 days. We have a pre-determined stop loss benchmark noted in the original BUY posting to close immediately any position. Closing the position is not an indication of our view of this stock as a long term investment. To repeat, we are not professional brokers and do not intend for this advice to influence your own investments.

See the original BUY posting for (YUM)

Categories: Losses, Closed positions
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Passed on AAPL, Snapped up GSIC

Wednesday, July 25th, 2007

I decided against the AAPL earnings straddle this afternoon, just too expensive for my options/high risk account.  I did take on a straddle for GSI Commerce, Inc (NASDAQ: GSIC) which reports after the bell. 

Options play: GSIC Straddle
Strike: $22.50
Call:UGFTX ($1.17)
Put: UGFTO ($1.13)
Total cost: $2.30 + fees

Categories: Potpourri
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