Wednesday, April 8, 2009

AMZN purchase

I've been wanting to hold AMZN (Amazon.com) for the past year. I almost bought a bunch at 50 back in November and probably should have since it really recovered well. I like what they are doing with EC2 (Cloud Computing) and think this is going to be huge. They are very well managed and I like their leadership so I fell like my money is safe. I made a 5% of my account purchase and may buy some more. The strike price was 76.32 and I'll put a stop in at 67.20.

MON purchase

I purchased a 5% of my account holding of MON today. I've been looking at it for the last few weeks. May buy another 5% in the next few weeks. It executed at 79.70. I'll put in a stop at 70.50.

USG purchase

I've been looking at the market and finally decided to put half my account back in. I've been looking at USG since it hit 5 and bought a small 2.4% holding that executed at 8.65.

I'll put in a stop at 4.90.