Here’s to familiar stocks coming back to buy prices and to keeping an eye on your Everyday Money.
Tuesday, May 01, 2012
Bought International Game Technology (IGT) Today
Even with the market going up and up today IGT spent the first half of the day in the red, just where I needed it to be. A little history first; International Game Technology first showed up in a screen back in early February. I got in at $15.75 only to watch it sag for most of that month. I got out late March at $16.60. For the most part I consider that a good trade for a month and half. Now here we are in May and it is back to a good buy point again. Yesterday I had a limit order in for $15.50 and missed getting filled by eight cents. So this morning changed the order to $15.45, thinking it might trade down a little more. So now I am back in and looking to trade this range back to $17 ish. I may do $16.60 again. Ideally if IGT can stay in this range I can get a couple of more turns out of it in the next few months. Will let you know how this all turns out.