Double A Penny - Step 20 - After Hours
I got out of the bad DTAMP Annaly Capital (NLY) trade I was in. I did manage to take a profit.
It ended up being sold in After Hours Trading. The Market had been closed for about 19 minutes when I put the order to sell in. It sold at $14.19 . If I had waited a bit longer I might have gotten about $14.40. I ended up selling another stuck trade at that price. So today I managed to get out of 4 trades I had been in.
I had never used after hours trading before. But the stock had popped up after the market closed due to an announcement. So I put the limit order in just to see if it would sell.
Annaly Capital posts higher Q1 profit
April 29 (Reuters) - Annaly Capital Management Inc (NLY.N) posted a 44 percent rise in net profit in the first quarter, helped by higher net interest income and lower interest expense.
DTAMP Equities Plan Report:
04/29/09 - Sold - 185 shares of NLY@ $14.19 p/s - Total $2625.15
Although it was only $20.87 I consider that good. I had gotten into this trade on a bad note, when that certified letter had come, distracting me, and I am glad I was able to clear the board today so I can get a fresh start.
Present Stake: $2740.09
Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Regards,
Xinfinitum
This Double A Penny Blog is based upon the Doubling Method "How to Double Your Way to a £Million in 28 Steps". Using the Doubling Rule it is an attempt to "Double Your Way to a Million" by going from one penny to a million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.
How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan
Labels: After Hours Trading, Annaly Capital, NLY, Q1 Profit, Reuters
posted by Xinfinitum | 4:14 PM PermaLink
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