ER Results- double miss.
One very poor play- DSW weak all over. BBY not too bad- beat top and bottom and reaffirmed year Guidance. But trade not liking current quarter softness and key person change.
I already dumped DSW for a 8.8% loss but will hold BBY a few days to see if it comes back some, as its report was pretty good in this climate. It's trending a 6% loss for me at this time.
Allocation about 68% of account, about 53% BBY and 47% DSW. Overall, about a 5.2% drop in account value.
I have a 96 yo father about to meet his maker. Yesterdays picks were not dd'd well enough. I won't post any future ER plays, even if I'm in, unless they've been dd'd to my satisfaction, comfort level.
I have one in mind for this afternoon but I need to research it more.
MG
