Sold 60% of AMAG this morning for a $1,400.00 profit. The FDA has delayed. The ticker has held up well, but here again, I look to cement in profit and hope to buy back in lower here too? I still hold some profitable shares in case the FDA surprises me
This tickers price above $35.00 is just a lot of money to leave floating around when some of it is profitable. In the past I would hold here. This is 2009! Trader says take profit when available. I did it!
If the FDA approves tonight-well oh well!
Two 2009 trades-two sets of profit! Takes over $10,000.00 off the table. Won't hesitate to do another trade if given the chance. We will see if I get the chance?
Kutz