Friday, April 4, 2008

Plexus takes a hit, looking for a bounce back....

Plexus Corp (PLXS) took a nasty hit yesterday on a single analyst's downgrade comments that don't reflect the company's broader holdings and capabilities. They ended up down $3.74 / 12.73% to $25.64. I've bought 100 @ $26 (which may be a bit too much, but we'll see if I should've just let market take over for regular session—this is how I learn lessons.)

I'll put a regular market session market bid for 100 shares and see where it closes. This one could easily bounce down a bit, but I'm guessing it oversold yesterday.

New strategy, but of course we'll see where we end up.

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