BRCD, AAPL play

On Nov 30th when BRCD announced their earnings, the shares went down due to lower than expected forecast, I sell my $7.45 position at $7.40. It's a small loss, then I bought another 200 shares back at $7.18.

Today, after the verdict is reached for former Brocade Com executive, the stock went down drastically. Although, this has nothing to do with BRCD shares but investors seems to react differently. Brocade has settled with SEC long time ago and paid a hefty amount of penalty, this guilty sentencing should not affect BRCD in any way but since it is in the news, it still bring the shares down. I doubled up my position at $6.95 for an additional 200 shares which gives me around $7.07 / share average.

I sould my AAPL stock at $188 / share. The Apple stock has ups and downs, therefore, I might buy again when it's under $180 /share.

I finally sold all my BRCD position at $7.21 each share. That gives me around 2% gain in about a week.

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