Stoneridge Inc: A Nice Stock to Trade Around

Stoneridge Inc (SRI), a small midwestern autoparts manufacturer, is one of several small stocks I like to trade around.  The company is in a boring low growth business and has great management.  That is my favorite profile for a stock to trade around.  Today, the company annouced great earnings and positive forcasts.  The stock is up 20%.  I'm selling some of my holdings above $10.  I usually buy when the stock around $6 when it tanks on some terrible news.  

Disclosure:
Stoneridge Inc (SRI) is an illiquid security.  Buying or selling even small amounts of this stock can move the market price and cost you money. 

I own and trade SRI.  Today's sale was of 1/3 of my position. 

Disclaimer:

Nothing in this blog is meant to be specific financial advice or a recommendation to buy or sell.  I do not give investment advice.  Do your own research.  Do not rely on anything in this weblog to make investment decisions.  I do not log all my trades here. I only describe or mention those that I think might be interesting. Consult an investment professional familiar with your specific financial situation before buying or selling any security.