Market Shadows booked a gain today in Walgreen's (WAG).
Just before closing time, we sold our stake in Walgreen's, one of the original holdings in our Virtual Value Portfolio. We purchasaed WAG on October 26, 2012, and were more than satisfied locking in this gain. The stock had risen by 83.2% (plus some generous dividends) in a bit under 16 months and touched a new all-time peak today.
Sales proceeds of $5,491.85 have been added to our cash reserves bringing that category's total to $21,763.82. Market Shadows still has exposure to Walgreens through some WAG Jan. 2015, $45 puts we sold @ $7.15 per share during WAG's June 2012, swoon.
See full details on the stock trade, plus all other closed-out and current Market Shadows Virtual Value equity positions here.
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