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esnagel
Tuesday, December 11th, 2007, 03:33 PM
Nearly 1 year ago, on December 13, 2006, I bought some OXPS. It went down, I bought more. Today, it hit my target price and I sold my initial investment, pocketing 30 shares as my profit.
If you search this blog for OXPS (http://www.netnagel.com/?s=oxps), you’ll see I’ve talked about them a few times in the past. I was sold on this stock, and it paid off. However, it now rates a -8.3741 on the NetNagel Stock Index. Time to get out!
Look at the post where I told you about OXPS, PRAA, TIVO and IRBT (http://www.netnagel.com/2007/06/i-influence-others.html) - each one of them has given me 33% and I’ve sold 3 of them already, pocketing the profits. (I’ve got a 10% trailing stop order on Tivo now, as I’m trying a new strategy - more on that after Tivo sells, but it’s up 44.07% for me so far)
So from the principle that I’ve gotten back, I averaged-down GPIC. They rate 97.0948 on my stock index, and after being down a few times present a great buying opportunity today. I’ve got enough cash in my IRA to either average-down another pick, or open a new position. Still undecided.
http://feeds.feedburner.com/~f/NagelFamilyWebsite?i=WJUxtkC</img> (http://feeds.feedburner.com/~f/NagelFamilyWebsite?a=WJUxtkC) http://feeds.feedburner.com/~f/NagelFamilyWebsite?i=7nWQ4Fc</img> (http://feeds.feedburner.com/~f/NagelFamilyWebsite?a=7nWQ4Fc) http://feeds.feedburner.com/~f/NagelFamilyWebsite?i=60uW3hC</img> (http://feeds.feedburner.com/~f/NagelFamilyWebsite?a=60uW3hC) http://feeds.feedburner.com/~f/NagelFamilyWebsite?i=Xys5uhc</img> (http://feeds.feedburner.com/~f/NagelFamilyWebsite?a=Xys5uhc) http://feeds.feedburner.com/~f/NagelFamilyWebsite?i=tUAqy6c</img> (http://feeds.feedburner.com/~f/NagelFamilyWebsite?a=tUAqy6c)


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popowich
Tuesday, December 11th, 2007, 03:40 PM
I had 6 positions in OXPS between 12/13/2006 and 09/18/2007, some of them overlapping. I don't feel like doing the math on the percentage gain overall right now so I'll simply say for this post that I made roughly $800 on OXPS between those trades. That's most certainly my most actively traded company in a long time.

-Raymond