Got a message from Robinhood that our position in O was closed today at $72.10
We first entered O on 7/26/2016 @ 70.15 per share. There was also a dividend paid while we owned the stock (O pays a monthly dividend). Overall this gives us a return of 3.06% after all fees/commissions/dividends. Not bad for 6 days! (Hint: we actually paid no commissions on this trade thanks to Robinhood being our recommended online brokerage)
We were 50/50 on whether or not to buy into this one because it was trading high and seemed a little over-valued in some ways. The only reason we did was because it's a solid company with monthly dividends and we would rather have cash in a stock than sitting in our brokerage account. This was one we were half-expecting to go down short term, but to be a winner long term...we got lucky, though. Turns out we were right and the stock did go up. So we locked in our profit and it sold today! =)
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