taking stock

A phrase that the Oxford English Dictionary reports was first used in 1736. It means "to make an inventory of the merchandise, furniture, etc., in one's own possession, recording its quantity and present value, or to make a careful estimate of one's position with regard to resources, prospects, or the like."

Tuesday, October 9, 2007

Shorting positions

I reduced my holdings on some scrips today. The current levels (Sensex breached 18K today) looks really scary. Any disappointment in the earnings may send the markets spiraling down.

Sold 40 remaining shares of Power Finance Corporation.
Sold 10 shares of Vishal Retail.
Sold 75 shares of Indian Bank.

With these transactions, the net realized profit stands at 38.68% and the average holding period is 208.68 days.

Said Rajesh at 8:50 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)