Archive for July 14th, 2007

Starting position in ICICI Bank (IBN)

Thought I might take notes of my stock trades.

Bought 115 shares of ICICI Bank at USD 52.25 per share today.

India’s third largest commercial bank.  They’ve been a little more aggressive with providing loans to the Indian middle class.  I am hoping this means boom times as the Indian population slowly starts buying into the idea of home ownership even if you’re not rich.

I wish back in March when there was that minor correction that I hadn’t panicked and sold for a small loss.  It’s up at least 32.7% since then.