Wednesday, May 25, 2011

BAMM On My Head

Earnings for Books-A-Million (BAMM) did not come through... the results sent the stock down a fair bit today. After looking at the results and listening to the conference call replay, I'm not yet convinced that I'm wrong about this one, and so I bought a second (and, likely final) piece at 4.07, doubling the size of my position. This brings the cost basis down to around 4.35.

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