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ARMOUR Residential REIT, Inc. Message Board

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  • codplyr23 codplyr23 Jul 6, 2012 3:19 PM Flag

    What to do, What to do

    I bought 500 shares in 250 blocks about 4 months ago. My average is 6.82 as well. I am up .60 on the stock or about $300. Throw in the dividends and I am up a total of $500 in 4 months. I am putting in a stop order in at 7.30. I want to lock in profits just in case a SPO happens. If there is no SPO before it goes EX I will get cancel my stop order and lower it to 7.20 if the stock doesn't move from these levels. I will use a stop of .15 below the trading price as to not get stopped out to quickly but also to save my rear.

20.89-0.09(-0.43%)Sep 3 4:04 PMEDT