Redhat up 47%. Time to make it a free stock September 8, 2010Posted by deminvest in growth stock, investment, my free stock, Nasdaq stock, REDHAT, RHT, stock I own.
It took 10 years, but eventually I got there. My 222 RHAT shares are 46.9% up! I just placed this interesting order on ETRADE 5 minutes ago:
- I will make at least $5,633.45 selling my 156 shares now, which is more than the $5,629.03 I had spend to buy the 222 shares at $ $25.18 each ten years ago.
- I will keep 66 free RHAT shares thanks to my free stocks strategy
- since mine was a Trailing Stop order, if RHAT continues to go up, Etrade will not sell it, untill it changes direction going $1 away from the top. As an example, if RHAT arrives to $101 than goes back down, ETRADE will sell it at $100.