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Tuesday, March 24, 2009

Bookkeeping: Cutting some Excel Maritime (EXM)

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Friday, I bought some Excel Maritime (EXM) in the $3.80s (this is a dry bulk shipper) - today its in the 4.70s. [Mar 20: Bookkeeping - Starting to Rebuild 2 Run n Gun Stocks: Excel Maritime (EXM) and Lennar (LEN)] Not bad for 1 day and 2 hours of holdings; I will be exiting half the position for a 22%ish gain.

This is one of my "trading stocks" so I'm trading. I will continue to buy it on pullbacks and sell on rallies; this one has been very good to us.

Long Excel Maritime in fund and personal account


1 comments:

keithpiccirillo said...

Good trade yo-yo amigo.

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