Thursday, January 23, 2020

BRY trade 01/23/2020

   This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

I start the month with $214.98 to invest and that will be my self-imposed trading limit for the whole month. 

     $214.98 x 2% = $4.30 profit needed.

  Today I bought and sold 5 shared of BRY (Berry Petroleum Company) bought at 8:40am and sold at 2:29 pm.

     BRY pays over 6% annual dividend, it paid its last dividend in December and projected to pay again in March.

     The market and crude oil (BRY's business) were down this morning and that caused BRY's price to be attractive. It recovered and I sold at a nice profit (percentage wise).

     $39.00 sold 5 BRY @ $7.80
    -$37.00 buy 5 BRY @ $7.40
     $ 2.00 profit (5.40% ROI)

Disclaimer I am not a professional.

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