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Picking up the N

Picked up a few hundred shares of N at 35.00

Keeping a tight stop loss at todays low of 34.34

(update - sold all my position at average price of 37.84



9 Responses to “Picking up the N”


By injik on December 27th, 2007 at 11:13 pm

Any thoughts on Circuit City (CC)? I’m thinking about purchasing a couple of thousands of its shares. It looks like it hit the nearly bottom? Unless it goes out of business, I think this will rebound within next few quaters.

By Brett Goldstein on December 28th, 2007 at 11:05 am

Hey, You and I think the same. I saw CC and it was trading at 4 and change. I remember when it was 23. Well there are some rumors that there going out of business but rumors are rumors. What I was planning on doing was getting leaps. That way if I buy 5000 shares and it goes BR then I will loose 20K…..Leaps are prob safer on CC.. But the choice is yours

By HR on December 28th, 2007 at 4:00 pm

Been following your blog for a about a week, great call on DRYS and MELI…Take a look a SVA (bird-flu) play. The stock is on a step ladder heading up.

By Brett Goldstein on December 30th, 2007 at 10:30 pm

SVA- I used to trade the stock back in the day. Alot of overhead resistance now. Ill keep my eye on it. Thanks.

By Ginger Sullivan on January 4th, 2008 at 1:04 pm

In case you care, wizetrade showed a good buy on cuircut city.

By safa on January 10th, 2008 at 12:51 pm

would you please conntact me

By Anthony Sumner on January 10th, 2008 at 1:27 pm

I got in on the N, did you?

By Brett Goldstein on January 10th, 2008 at 4:55 pm

Yes, i actually picked up some more N at around 30..Only 100 shares though this time.

By Anthony Sumner on January 18th, 2008 at 1:58 pm

The N trade is hurting me now. I can’t seem to make money fro it now. I shouldn’t have lost this one in wizetrade.

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