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ThePoulTrend (68.66)

I sold HollyFrontier Corp, and Why?

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November 27, 2012 – Comments (1) | RELATED TICKERS: HFC

As I am a Young Investor, I do not have the Perk of having a Ton of Free Cash available to pump into the Market.

With this being said, when making a purchase I have a set goal of how much of a return I am looking for, and when it is hit I sell. 

My First Purchase of HFC was back on 10/19/2011 of where I bought 10 @ around $34.24 for a cost basis of $342.55

My next Purchase was on 11/18/2011 where I added another 15 @ around $24.17 for a cost basis of $362.55

I sold out of all shares today at $44.55.

My Gains were $103.55 or 30.24%  and $306.45 or 84.53%.

 During this same period including the coming $0.50 special payable on November 30th will total $87.50.

This would total for a combined $495.75 in total gains. 

So for a cost out of Pocket of $705.10 including Transaction fees, I sold out in just over 1 Years time for $1200.85 or a return of just over 70%

 

Thoughts and Opinons Please!

1 Comments – Post Your Own

#1) On November 27, 2012 at 4:31 PM, DargFool (47.70) wrote:

At what price would you get back in to HFC? 

Congrats on the successful trades.

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