Got rid of Pfizer (PFE) at 25.07 after holding it for over two years. I established that losing position in the low 30's, and I'm finally getting rid of it.
With the sale, I used the free cash to pick up one of the stocks I recently added to my watch list... Kongzhong (KONG). First mentioned here. Anyway, I picked up KONG at 12.90. KONG provides wireless interactive services in China. And, my hope is that the new position will perform well enough to remain in my long-term portfolio.
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