Sold 400 Shares of BAC at 4.164
February 24th, 2009
I got scared and got out of my BAC trade much too quickly.
I actually got a margin maintenance call after I bought this. Apparently I wasn’t paying close enough attention to my ‘buying power’ and over extended myself. I could have held on for more gains of course, but I really just wanted to get out with a small profit while I could and avoid having to add more cash to my account to cover the margin.
Realized a gain of $27.59, for a return of 1.69%.
