ACLS

ACLS trade table

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.

SECURITIES SOLD
 
 PURCHASED
  
 SHARES
SOLD 
 PROCEEDS
  
 COST
  
 SHORT TERM
GAIN/LOSS 
 AXCELIS TECH INC (ACLS)     400   1,926.02   2,227.33   -301.31    
 02/11/2008  05/03/2007   100   481.51   681.85   -200.34    
   05/14/2007   100   481.50   646.77   -165.27    
   08/06/2007   100   481.51   479.77   1.74    
   01/18/2008   100   481.50   418.94   62.56    
    Total   1,926.02   2,227.33   -301.31 

Sold 400 sh ACLS at $4.84

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.