Trump Hotels and Casino Resorts
On September 10, 1999, the Rule Breaker Portfolio covered its thirty-month old short position of Trump Hotels and Casino Resorts (NYSE: DJT) at a cost of $4 7/8 per share. For reasoning behind the trade, please see the September 8, 1999, Rule Breaker report, and the September 10, 1999, report in the Rule Breaker archives.
ACTION: covered short position TICKER, SHARES: DJT, 1,170 shares PRICE: $4 7/8 COMMISSION: $18 TOTAL COST TO COVER: $5,721.75 RETURN ON INVESTMENT: 42%
