Sell on NTES:
Today I executed my 5th consecutive sell on NTES, selling all of my shares and closing out the program. I started this program on 11/8/2005, so I owned it for all of 3+ months. Here is the transaction history:
Initial buy @ $63.00 11/8/05
Buy @ $56.70 11/28/05
Sell @ $63.00 1/9/06
Sell @ $69.30 1/10/06
Sell @ $75.60 2/21/06
Sell @ $82.00 2/23/06
Sell @ 88.20 2/27/06
So from the low of $56.70 on 11/28 to my sale today at $88.20, that's an increase of 55.55%. I just kept entering the GTC sells, and they kept hitting, especially this past week. I kept taking them, not knowing where it would end (added to the fact that we are in high risk territory).
My LD-AIM account is now at 72% cash, so I'm ready for a decline!
Best regards,
Jeff