Sunday, October 23, 2011

Out of Crocs with only a 505% gain...

At the end of July this stock was trading at $31.33 and I was sitting on a 1,143.4% gain. 

I have to say, this is one of those times when the glass looks half empty.

Crocs (CROX): 
- LONG the week of 5.4.09 at $2.52. My stop was $0.47, so I risked all of $2.05. Stopped out Friday afternoon at $15.25. The percentage gain on this trade was 505.2%, and the reward-to-risk ratio was $12.73/$2.05 = 6.22. 

And then there were four...

- LONG the week of 3.30.09 at $115.99. My initial stop was $84.39, so the risk (R) on the trade was $31.60. Closed Friday at $392.87 with a $333.35 stop. My new stop for the coming week will be $330.61. The percentage gain on this trade is 238.7%, and the reward-to-risk ratio is $276.88/$31.60 = 8.76.

- LONG the week of 1.18.11 at $326.58. I used $259.28 for my stop, so the R was $67.30. Closed Friday at $415.63 with a $306.75 stop. The stop for this week is $311.83. The percentage gain on this trade is 27.3%, and the reward-to-risk ratio is $89.05/$67.30 = 1.32.

Precision Castparts (PCP): 
- LONG the week of 9.13.10 at $126.68. My stop was $103.19, so I risked $23.49. Closed Friday at $169.50 with a $127.34 stop. The new stop for the upcoming week is $129.68. The percentage gain on this trade is 33.8%, and the reward-to-risk ratio is $42.82/$23.49 = 1.82.

- LONG the week of 6.8.09 at $23.80. Using $15.11 for my first stop, the risk was $8.69. Closed Friday at $102.94 with a $69.39 stop. My stop for the coming week is basically unchanged at $69.44. The percentage gain on this trade is 332.5%, and the reward-to-risk ratio is $79.14/$8.69 = 9.11.

No comments:

Post a Comment