Sold Canadian Pacific (CP.TO), Gain +1.9% 14 days
| (CP.TO) | |||
| Entry Date | 6-May-08 | | Exit Date | 20-May-08 |
| Price | $72.39 | | Price | $73.80 |
| Initial Stop | $69.80 | | Gain % | 1.9% |
| Risk $ per Share | $2.63 | | # Days | 14 |
| Risk % Cost | 3.6% | ||
| Risk % Capital | 1.3% | ||
| Price Target | $76.00 | ||
| Expected % | 5.0% | ||
| Risk x Reward | 1.4 |
Sold Canadian Pacific, the stock still has some upside but I’m getting nervous about the recent market run. Will wait for a pullback. Moving the money into recession-proof stocks like groceries. Just bought Loblaws again as the company is getting re-structured and should see some upside.
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