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Out of AAPL trade with a loss and into NEU

I exited my AAPL  trade after taking a decent lost.  AAPL continues to trade lower this afternoon.  I think the investor meeting this week could boost shares.  

 I found a trade NEU that may work better.     NEU appears to have momentum on it’s side as the stock trades higher.  The stock just offered a dividend that attracts a new group of investors looking for dividend safety.  Earning have been growing, and the multiple of the stock is under 15 times 2009 earnings. ( updated  3/4/08  Turned out to be a trade I exited with another big loss, broke my rule of investing in a stock that is not very liquid.)

March 3, 2008 - Posted by | Uncategorized

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