ACLS
I sold it yesterday. Today it jumped up to $5.30. Was it too soon? Hard to say. One day jump of over 20% is too big of a jump.
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| AXCELIS TECH INC (ACLS) |
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400 |
1,926.02 |
2,227.33 |
-301.31 |
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| 02/11/2008 |
05/03/2007 |
100 |
481.51 |
681.85 |
-200.34 |
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05/14/2007 |
100 |
481.50 |
646.77 |
-165.27 |
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08/06/2007 |
100 |
481.51 |
479.77 |
1.74 |
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01/18/2008 |
100 |
481.50 |
418.94 |
62.56 |
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Total |
1,926.02 |
2,227.33 |
-301.31 |
The stock went up over 20% in one day based on news that Sumitomo Heavy wants to buy it. They offered over $500M which would be around $5 per share of ACLS. I have waited for almost a year for this baby to pop to $6. Which never happened, so I am selling it with a small loss to raise more capital.
I had to liquidate my position, all shares, otherwise I would be stuck with wash sale.