Buy @ $1.455
A new addition to my current portfolio.
The Quarterly results were out before mkt open. DPU improved quite a fair bit from 2.07ct to 2.4ct q-o-q (likely due to earlier acquisitions). But, share price had also gone up steadily from $1.295 since 28-Jan. Tough call… not sure if the DPU improvement was expected and had been factored in. When mkt opened, there was zero vol… Fingers itchy and went to Q… got done after a while.. 😀
Sell @ $1.475
It started coming alive in the late AM… Decided to contra off as I was already feeling regretful to have bought… My magic worked and it went all the way to $1.52 after I sold..
Post Mortem
The above proves a point… again.. We, small retail investors do have an edge over the big Fund Mgrs as we can be more nimble… There was at least a couple of hours after mkt opened before the bigger players could react. I just need to have better confidence in my analysis and do bigger buys for such opportunities… plus hold for higher profits… 😀