Aflac (AFL): Average cost $41.76. Right now this is a tiny bit to the good. I got this right before earnings and it ran the next day. Looking back I should have let it go and took a quick profit. If it returns this week to above $45 then I will think about let it go.Hewlett-Packard Company (HPQ): Average cost $25.57. This one went under water shortly after I got it. Still think that it will work out down the road, but it is taking longer than I would have wanted. Was a little early jumping in. Will sit on it for now.
International Game Technology (IGT): Average cost $15.49. I got this just a little while ago (5/1/12) and it went positive right after. I should have pulled the trigger and took my money but I didn’t. So now this position is slightly underwater. I will wait on it and expect to be able to get out of it with an alright profit in a few weeks or less.
EXCO Resources Inc. (XCO): Average cost $ 9.09. This is just an ugly position and a perfect example of how not to trade. I took flyer on natural gas and it slapped me in the face. I made the mistake of adding to a loser and didn’t have strong mental stops. This may get back to good someday? I will hang in there awhile long and see if gas prices can come back some.
Here’s to a moment of reflection and to keeping your eye on your Everyday Money.