Two New Purchases

Bought 35 shares of PML @ 15.81
Bought 30 shares of PFN @ 17.98

More on why later, just wanted to record the purchase for tax tracking here.

DDD Sold @ 5.25

I just sold my 100 shares of Scholr Pharma (DDD) at 5.25. I bought them in February for 4.80. With total commission of $10, my net pre-tax profit is $35, or a 8.64% annualized return. Not bad I suppose.

This was a very volatile stock, that is now getting some buy-out buzz. But I just don't think the upside justifies the downside that this company really hasn't got that much besides a couple CDT patents. We'll if I'm terribly wrong later. I now about about $2,000 cash in my portfolio that I am itching to reinvest.