| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| SBUX | Restaurants and Bars | -5.15% | n/a | 5 | 02-Apr-08 | Prior Holding |
31-Mar-08
The more you invested, more you gain? loss?
Holding Rationale for SBUX.
On Mar 18, the day before Starbucks held its annual meeting; I bought additional Starbucks Corp. SBUX, 100 Shares in $17.45/share and 80 shares in $17.86/share. With 20 shares I bought previously and the commission fee, average cost on SBUX was $17.86/share and total of 200 shares. My portfolio was about $1,000. After the investment on SBUX my portfolio go up to about $4,000. Well, it is kinda a lot for a college student without a job.
With the stock closed at $18.24, my unrealized gain was $76. However, SBUX didn’t do well on following days, even after the annual meeting. The closing price was $17.50/share on Mar 31.
I invested more hoping to generate more profit. However, it ended up more loss… Anyway, I think I will keep the SBUX for a while.
Tagged Stocks: SBUX
Posted at 22:17 in Holding Rationales | Permalink | Comments () | Top
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