Taking a Virtual Portfolio Gain

Taking a Virtual Portfolio Gain

Courtesy of Dr. Paul Price at Market Shadows

Abercrombie & Fitch (ANF) had a big day after reporting sales and EPS well above estimates. See: A&F’s shares surge on strong 3Q report.

Short covering combined with new buying has pushed ANF shares up $11, or 35% today. That was despite a DJIA drop of 185.23 points.

I’m selling for the virtual value portfolio to lock in gains. I will revisit this position in the future because I still like the company and believe there’s future upside.

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Current Virtual Value Portfolio (still working on a spreadsheet that will update itself):

Previously: 

Never Met a Rich Pessimist: Interview with Dr. Paul Price

Building a Portfolio from the Ground Up – Part One

Building a Portfolio from the Ground Up – Part Two

See also:

Teen Fashion Retailers – Buy ‘Em While They’re Out Of Style

November 18,12 Virtual Portfolio move by Paul here > 

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Trackbacks

  1. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  2. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  3. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  4. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  5. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  6. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  7. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

  8. [...] Virtual profits taken on the ANF position on 11/15 at $41.80. [...]

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