Online Journal for the Moose Pond Investors Club
Sold Fifth Third Bancorp
Posted on Jun 28th, 2006 in Stocks Purchased, Stocks Sold
FactSet Research Systems, Inc. (FDS)
SSG and PERT A | Google Stocks | Company Website
We sold Fifth Third Bancorp on June 28, 2006. FITB’s performance has been subpar for some time. It has also had a defection of senior management people. The proceeds from the sale have been redeployed to other financial stocks in our portfolio that have brighter prospects.
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Sold Harley Davidson
Posted on Jun 28th, 2006 in Stocks Purchased, Stocks Sold
Harley-Davidson, Inc. (HDI)
SSG and PERT | Google “Stocks: HDI” |Company Website
We sold Harley Davidson on June 28, 2006. Although a high quality company, HDI is no longer a growth company. Projected average return is under 8%. The proceeds from the sale were invested in other companies in the portfolio with better long term prospects.