Tuesday, October 31, 2006

SAIC Is Soaring

SAIC went public a few weeks ago, and I purchsed the stock at $18. Last week the stock jumped to almost $20. I sold a majority of my holding at $19.50. I made $1.50 per share, which is about 8.33%. Not too shabby for a two-week investment. My gains allowed me to buy a new digi-camera, the SD700 IS. Today, SAI broke the $21 mark before dropping back to $20.33 for the close. I'm still thinking if I should short-term trade it. Over the long run, I believe SAI is a good investment.
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3 comments:

  1. Anonymous11/02/2006 04:35:00 AM

    Hi there. I saw your post on SAIC. I recently put together the following site on SAIC:

    http://www.saictalk.com/

    Any comments would be much appreciated.

    Thanks!
    Jim

    ReplyDelete
  2. L. Marie Joseph11/03/2006 04:07:00 PM

    I also own SAI , a very good investment.

    ReplyDelete
  3. Sean11/05/2006 02:54:00 PM

    I use MS Money to track all my investment accounts and transactions.

    ReplyDelete