Thursday, July 31, 2008

Quick Update and More

Sold Aug 20 Citigroup (C) Calls (CHD) on the position, which effectively brings down the cost basis to just around $22.

Manitowoc (MTW) has been disappointing thus far. Their conference call on Tuesday morning didn't really help instill confidence. The S&P downgrade of their shares also did not help the stock any. Shares are down to the mid 26's today. I might sell calls on some of that position we we get any sort of pop in the near future. Not sure yet.

In other news, I finally(!!!) bought the LCD TV (Samsung LN52A750 52-Inch 1080p) that I've been talking about for over a year. I really suck at that sort of thing. But in my defense, I just tend to procrastinate a great deal with big ticket purchases mostly because I don't really think they add much to my life. I might change my tune once it's delivered though, ha ha.

1 comment:

Never-Limp said...

Yeah, and the prices of anything electronic pretty consistently plunge. I like to buy things that go up in value! They are sort of hard to find right now though.