Archive for the 'Closed positions' Category

CLOSED POSITION: Urban Outfitters, Inc. (NASDAQ: URBN)

Sunday, August 12th, 2007

Five Percent Stocks announced that Urban Outfitters, Inc. (NASDAQ: URBN) has hit its stop loss price in the Five Percent portfolio. The blog has closed its position in Urban Outfitters, Inc. (NASDAQ: URBN).  Ouch, glad I had the tight stop, still getting kicked in the teeth for this portfolio.  This one was up over 4% day of purchase, but missed goal by around $.020.

Sell price: $21.92
Days held:3 days
Position opened at: $23.50
Return: -5.1%
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 (URBN)

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)

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)