Friday, September 14, 2007

EBAY

I was just going to do an update on my EBAY stock post, because I see it has been doing rather nicely as of late.  But then I discovered I didn't post when I took my EBAY position, and I'd have sworn I had.  Oh well, you'll just have to take my word for it I suppose.  I purchased a long position in EBAY on April 19 at 34.80 per share.  Since then the position has been under water for most of that time.  There was a nice spike up in the first half of August that topped out above 37, after which it proceeded to sink back to the high 32s toward the end of that month.  Since then, however, it has been riding up nicely again and as I type, the price is 38.25, a gain of 9.91% from my entry price.

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