Holdings  > Holding Rationales  > The more you invested, more yo...

Holding: SBUX

stockidiot [2]

Start tracking!

You are not tracking stockidiot.

Symbol Sector Return Exposure Trades Last Trade Status
SBUX Restaurants and Bars -5.15%  n/a 5  02-Apr-08  Prior Holding
    Next Post >>

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

AddThis Social Bookmark Button
 
 
 

Credibility in SBUX

stockidiot

SBUX Out
Rank 53/167
Return -5.15% at 2008-11-20
Rank 53/167
Trades 5
Followers 1
 

Categories

External Blog (3)

Holding Rationales (9)

Holding Tags

ACH (2)

CCTYQ (2)

DBO (8)

DBP (1)

EWH (1)

SBUX (4)

SH (1)

YHOO (2)

Other Stock Tags

TWX (1)

 

Archives

May 2008 (2)

Apr 2008 (8)

Mar 2008 (2)

    Next Post >>