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.
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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



