Sharp System 1-Trading Summary for 05/15/2008
Closed Positions, PDX -2.0%,
This was an incorrect entry, I should’ve checked the chart to confirm the signal. All fixed now for the next entries, system looking good so far.
| (PDX) PEDIATRIX MEDICAL GROUP INC | |||
| Entry Date | 14-May-08 | | Exit Date | 16-May-08 |
| Price | $56.81 | | Price | $55.79 |
| Initial Stop | $51.13 | | Gain % | -2.0% |
| Risk $ per Share | $5.78 | | # Days | 2 |
| Risk % Cost | 10.2% | ||
| Risk % Capital | 1.2% | ||
| Price Target | $56.24 | ||
| Expected % | -1.0% | ||
| Risk x Reward | - 0.1 | ||
New Positions
| Long Entry | JBX | (JBX) JACK IN THE BOX INC | ||||
| Entry Price | 15-May-08 | Industry: Restaurants | ||||
| Price | $24.65 | Jack in the Box Inc. owns, operates, and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Grill (Qdoba) fast-casual restaurants in 42 states. The Company also operates a chain of convenience stores called Quick Stuff, with 60 locations, each built adjacent to a full-size Jack in the Box restaurant and including a fuel station. As of September 30, 2007, the Jack in the Box system included 2,132 restaurants in 17 states, of wh…read more on Y! Finance | ||||
| Initial Stop | $22.18 | |||||
| Risk $ per Share | $2.52 | |||||
| Risk % Cost | 10.2% | |||||
| Risk % Capital | 1.0% | |||||
| Price Target | $24.40 | |||||
| Expected % | -1.0% | |||||
| Risk x Reward | - 0.1 | |||||
| (SONC) SONIC CORP | |||
| Entry Date | 12-May-08 | | Exit Date | 16-May-08 |
| Price | $19.76 | | Price | $19.83 |
| Initial Stop | $17.99 | | Gain % | 0.2% |
| Risk $ per Share | $1.81 | | # Days | 4 |
| Risk % Cost | 9.2% | ||
| Risk % Capital | 0.9% | ||
| Price Target | $21.99 | ||
| Expected % | 11.3% | ||
| Risk x Reward | 1.2 | ||
Open Positions
PAC -1.6%, OMG +2.4%, JBX -0.3%
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