We were just stopped out of our short on IBM at $169.79. Our cost basis for our 50 shares is $176.49, giving us a profit of $335.00. We will look to go long IBM, but for now we are out.
08-04-2011:
Sell 1/4 IBM @ $175.25
Buy stop at $169.79
08-03-2011:
Sell 1/4 IBM @ $177.73
Buy stop at $169.79
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