Wednesday, 11 May 2016

Entertaining Myself with Trading - Pason Systems

I've been trading in and out of Pason Systems since last year:

Feb 2015  bought 100@$18.35
Dec 2015      sold 100 @$21.35

Mar 2016  bought 100@$16.52
Apr 2016       sold 100@$18.25

May 09, 2016  bought 115@$16.05

Today the stock dipped to $14.98 and then recovered to $16.12. The 6% dip was due to poor quarterly results...but  3 months ago, the CEO said to expect poor performance over the next year. Short memory people have.

So far so good.

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