If you learned something
today, please



One of the reasons I started this blog was to track my own investing ideas. Since I use a wide variety of tools and information sources, I sometimes forget why I started following a particular stock.  In fact, that just happened with IBKR, where I received a Yahoo! Alert on a price drop below 14.7, but couldn’t remember why when I looked at the stats on Yahoo!. Looking at it for a bit, I figured I had probably picked that number from Ask Stock Guru.com. Sure enough, they had it at a buy (today) at 14.44. 14.7 would be close enough for me to re-evaluate and set up a limit buy or drop it from my list.

IBKR probably first came on my radar from a Motley Fool article. My very first Motley Fool pick was a great investment, but later forays have been mixed. No fault of the Fools, you spin the wheel and take your chances. It isn’t like I have the kind of time or money to track all of their recommendations.

Why finally made my mind up is the insider transactions. They have 11.91% inside ownership. Finally, I see a lot of activity on institutional shares, with the majority of the recent actions being a buy.

Bottom line: I put in a limit order today at 14.47

Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, TheStreet, Google Finance, MSN Money

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