ResMed (RMD) "Trading Transparency"

Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice!  As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

A few moments ago I sold all of my shares of ResMed (RMD), which amounted to 150 shares, at $38.46.  These shares were purchased 2/4/05 at a cost basis of $29.87 giving me a long-term gain of $8.59 or  28.8% on these shares.  

This sale brings me down to my 'minimum' portfolio size of 5 positions.  I have set my maximum at 20 positions and my minimum at 5.  What this means is that with this sale, as before, since it is on 'bad news', which means selling on a defensive basis as part of a decline, I shall be 'sitting on my hands' with the proceeds.  That is, I shall no