Sold MDR Too Soon

By | May 8, 2007

I sold my holdings of MDR a little too soon. I sold the stock yesterday. The stock closed at $59.03, and it shot up after hours. Today, the stock maintained its momentum from last night and closed at $65.59. Today’s closed was $6.56 higher than Monday’s closed or about 11%. I did lose a sizable opportunity and am kicking myself. I don’t know why, of all the stocks in my portfolio, I sold MDR. I should’ve sold all the other stocks, because everything else in my portfolio dropped in price and only MDR jumped. It was terrible timing.

On the bright side, I made a decent profit off MDR, but I wish I had held on to it for one more day. I would have double my profits and bought myself a vacation to Vegas.

2 thoughts on “Sold MDR Too Soon

  1. invest4life

    Don’t kick yourself too hard, this happens to everyone. Afterall no one can time the markets, and those who try often get burned. Just keep steady and consistent in your strategies and it will pay off in the long run. good luck

    Reply

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