Friday, 10 January 2014

Powell Industries (POWL) - sold

POWL was added to the Financial Log Book on November 12, 2009 when it was priced at $36.75.

It was sold on January 1, 2014 at $61.24.

A nice gain, especially considering that the exchange rates at the time of purchase/sale were, respectively: $1.058 and $0.922.

A more detailed commentary will appear in the next edition of The Financial Passage Maker in about two month's time.

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