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Just sold remaining scss at 6.5, it is a 7 bagger for me

(2009-10-26 11:36:35) 下一個
I bought it at 0.9.

The reason for sale:

1, it reached and passed my original target.
2, I do not think bed industry is a growth industry in the background of declining housing market and consumer spending. But scss is a high end product, so it may have its own personality. Anyway, recent quarter\'s sale is still declining even though profit jumped.
3, Free some fund for other opportunities like loop. bought more loop today at 9.7, loop is going to report earning on 10/28.
4, general market is facing correction. Sell sth to release some anxiety. (just guess, no one knows where market would be tomorrow)
5, 試一試急流勇退的味道。
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