Sunday, March 1, 2015

Recent Trade - Sale

In January, I wrote about purchasing 600 shares of Sherritt International at $2.40 per share. Sherritt International has resource based company with operations in Canada, Cuba and Madagascar. Sherritt International is involved in the production of nickel, cobalt, oil and electricity.

On February 26, my limit order went through for the sale of the 600 shares at $2.60 a share.

Initial Cost:  $1446.00 including commissions
Proceeds of Sale : $1554.00 including commissions

Profit = $1554.00-$1446.00 = $108.00

ROI = $108/$1446.00 = 7.47%

Click to Enlarge


     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

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