Wednesday, December 21, 2005

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.


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