Wednesday, April 23, 2014

Sold Redtone - 23 April 2014

Redtone just released its 3rd quarter earnings today.  In a nutshell, nothing spectacular and in fact, I'm rather disappointed with the latest two quarter earnings.  Hence, I felt the current stock price is fully valued and has little room to further move upwards.   Therefore, I have sold all my remaining Redtone stocks at 0.77.  My average entry price back in early 2013 was 0.40.  My gross profit for this transaction is 93%.   Earlier, I sold Redtone at 0.74.  Adios Redtone and thank you for the great profit.

No comments:

Post a Comment