The short term investing stock picks blog

Five Percent Stocks announced that Bucyrus International (NASDAQ: BUCY) has hit its stop loss price in the Five Percent portfolio. The blog has closed its position in Bucyrus International (NASDAQ: BUCY).  This stock went as high at $78.35 few days ago, but ran out of gas

Sell price: $70.62
Days held: 14 days
Position opened at: $76.00
Return: -7.1%
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 (BUCY)

Five Percent Stocks announced that Tele Norte Leste Participacoes SA (ADR) (NYSE: TNE) has hit its stop loss price in the Five Percent portfolio. The blog has closed its position in Tele Norte Leste Participacoes SA (ADR) (NYSE: TNE).  Sorry y’all, was out yesterday, meant to post this.  I would stay long here and be looking to accumulate.

Sell price: $20.72
Days held: 4 days
Position opened at: $21.90
Return: -5.8%
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 (TNE)