Archive for June, 2006

What to do, what to do?

I received an email this morning from one of my trading services saying that they have sold out of one of my stock positions – Tidewater (TDW). Generally, I wouldn’t bat an eye about somebody selling a position that I hold but this service is what caused me to buy the holding in the first place. I hate losing the ongoing insight that comes from their continued research into the stock. The other kicker is this – I’m underwater on the stock by about 8% and haven’t held it very long. So even though this service bought the stock and was able to make a profit (triggering a sale only on the trailing stop), I haven’t yet made money on it.

I think I’m going to hold it a bit longer and watch another quarter or two of earnings. Opinions?


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