I went ahead and took profits from SPPI. I bought at 5.25 and sold at 7.15. While I think there is room for the stock to run, I'd rather be in something with more profit potential.
Likewise, I sold my BDSI at 5.29 for a small loss (bought at 5.47) as I think the money is better served elsewhere. I missed my opportunity to break even earlier this week, but would rather take a small loss than keep holding.
I'll be posting the new stocks I'm looking to buy shortly.
Thursday, August 6, 2009
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