Friday, August 12, 2011

Sold Armada, 12th August 2011

I have just sold the remains of my Armada stock @ 3.99.  The previous batch was sold at 4.00.  This translate to a profit of 96.5cents per share or a gain of 31.85%.

The recent drastic swing in daily index gives many opportunities for traders to readjust their portfolio and I intend to take full advantage of that.  It is also a great time for some accumulation of oversold counters which has strong fundamentals.

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