Tuesday, August 24, 2010

Bookkeeping: Adding Back to Polypore International (PPO)

TweetThis
Everything I just stated for BorgWarner (BWA) I am repeating in Polypore International (PPO).  I actually dumped the majority of the remaining position the exact same day I did BWA.  However in this case, the stock continued to rally and got into the $29s so my sale near $27 was not as well timed.  Either way, I had locked in a 15% gain at the time, and now can repurchase at some discount as the "gap" is close to filling.  I'll take a stab here and hopefully in a market selloff can layer in a new round of purchases lower.  This is a modest purchase today of under 1% exposure.



Long Polypore International in fund; no personal position

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

Copyright @2012 FundMyMutualFund.com