Selling Half Of Ultra Semiconductor

Semiconductors are selling off. With summer underway and a lot of negative oil talk already about, I don’t want to be too exposed to the volatile semiconductor segment. However, on the off chance that we get a snapback rally, I’m holding half of my position.

I’ve placed an order to sell half of my Ultra Semiconductor (SMPIX) shares at the close of market today. I anticipate that my sell price will give me just over a 5% profit on the position, so far. It’s a mutual fund so I cannot specify a specific price nor sell at market price. After the sale, I’ll post the results on my Strategies page.

This entry was posted in Uncategorized. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  • Included with Your Subscription:

    Save 17%

    Pay as you go
    Or sign up to receive free email and learn more about the system.
Bestselling Financial Author