Stocks Update: Getting There
This week's stock market performance may have been generally meh, but my personal portfolio was pretty exciting as 2 stocks inched closer towards their buy below price.
SMPH actually surpassed its 14.48 buy below price earlier this week, I think it even reached 14.55 at some point, but then slipped back to 14.24 by the time the market closed for the week.
My hero stock, MEG, on the other hand is slowly but surely making its way towards the 2.50 buy below price, closing at 2.40 for the week.
The thought of actually selling at a profit is giving me chills of excitement! Huzzah!
Bo also issued a buy order for Ayala Corp (AC) and because AC costs Php430++ per share (mahalia!), I advanced my November budget just to be able to buy the minimum board lot of 10 shares. But it was a good move because I bought in at 434.3/share and now it's up to 439/share. I wonder if the buy order was triggered by AC's successful bid over the FTI property? Feel ko yun yon.
Anyway, I hope either SMPH or MEG reaches its sell price soon because I'm feeling the AC loving and want to scoop up more shares. And by "more" what I really mean is merely 10-20 shares. Hello Ms. Moneybags!
Comments
I wrote about it here:http://www.frugalhoney.com/2012/08/how-do-i-choose-stocks-to-invest-in.html and http://www.frugalhoney.com/2012/06/stock-trading.html
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