Informatica (INFA)
Company
"Informatica Corporation is a leading provider of enterprise data integration software. Using Informatica products, companies can access, integrate, migrate, and consolidate enterprise data across systems, processes, and people to reduce complexity, ensure consistency, and empower the business. More than 2,200 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs." (company website)
Buy
22-Jun-05. INFA has been in idle in the two weeks since I bought in with an earlier lot. After touching up with the lower Bollinger band yesterday, it seemed ready to start to advance again today with a solid gain. Buying pressure (+DI) has ticked up, money flow (CMF) has stabilized, and relative strength (RSI) has ticked up again. Importantly, INFA is no longer oversold (StochRSI). I added to my position with another lot of 500 shares.
Sell
+26%
22-Jul-05. I really didn't intend to sell this lot of INFA today. Rather, I meant to use it as a base to add to my position again after selling a previous lot. However, INFA simply skyrocketed today after reporting stellar earnings yesterday after the market closed. With the price up over 18% at times today, it just made no sense not to sell. After such a huge jump, some pullback is almost certain, and there will be ample opportunity to buy-in again if prospects merit.
