-3.5 C
New York
Saturday, December 27, 2025

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 further upside.

*******

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

Screen Shot 2012 11 14 at 4.30.19 PM Selling the News

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

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,774FansLike
396,312FollowersFollow
2,560SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x