Quick note – Sold Forest Labs (FRX) yesterday after holding for 1 year. FRX is still generating plentiful free cash, but I’m sticking to a 1 year holding period on this one.
Sold at $27.56, a 24% return for the year. FRX was recently has high as $32 but fell after the FDA gave a negative vote on one of their new important drugs.
The spreadsheet system that tracks my buys and sells at bottom of home page is again giving me fits. It doesn’t work well in Internet Explorer for one issue. I’m looking for an alternate method.
Holding lots of cash now in the portfolio. I’m ok with that. Have a long list of stocks that are waiting on the right price.