« Five Percent Stocks home page
« Earnings straddle for McMoRan Exploration Co. (NYSE: MMR)?
BUY: Century Aluminum Company (NASDAQ: CENX) »

GOAL REACHED: Portugal Telecom, SGPS (ADR) (NYSE: PT)


Five Percent Stocks announced that Portugal Telecom, SGPS (ADR) (NYSE: PT) has met its short-term investment goal of 5 percent. The blog has closed its short-term position in Portugal Telecom, SGPS (ADR) (NYSE: PT).

Sell price: $14.75
Days held:  3 days
Position opened at: $14.05
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 (PT)



Subscribe to our RSS feed

Explore posts in the same categories: Goal Reached, Closed positions

This entry was posted on Thursday, July 12th, 2007 at 12:18 pm and is filed under Goal Reached, Closed positions. You can subscribe via RSS 2.0 feed to this post's comments. Responses are currently closed, but you can trackback from your own site.

2 Comments on “GOAL REACHED: Portugal Telecom, SGPS (ADR) (NYSE: PT)”

  1. Peter Says:
    July 13th, 2007 at 1:25 am

    Very interesting your goals of 5% in 30 days.

    Do you apply bigger goals for other stocks more medium/long terms?

    Thanks,

    Peter.

  2. fivestocks Says:
    July 13th, 2007 at 6:43 am

    Peter- Yes, but not in this portfolio. I also have a portfolio where I do more of a buy and hold and I also dabble in options to hedge and for more risky trades. Thanks for visiting.