Sold TSLA. Bought LF.

I sold my 25 shares of Tesla Motors Inc (NASDAQ:TSLA) today at a price of $239.2399 each.  I purchased them for $181 each back in May.  After fees I netted a profit of 31.7%.

I turned around and sunk that money into LeapFrog Enterprises, Inc.(NYSE:LF).  I bought 968 shares at $6.3099 each.

I'm a parent now, and we own a few of the items manufactured and sold by LeapFrog.  I'm generally impressed by their quality.

Leapfrog announced quarterly results at 5PM on Monday the 4th.  They weren't good.

Leapfrog has millions in the bank, though, and so they'll be able to weather this through Christmas.  I'm betting that the coming year will be a good one for Leapfrog.

I'm also betting that today's plummet was an over-reaction.  The stock will have at least a dead-cat-bounce tomorrow.  I'll be tempted to sell.  But I'm planning to hold the stock until the market agrees with me that Leapfrog is going to have a good Christmas.  I don't expect that to happen tomorrow.

Sold SSP Bought TSLA. Sold VZ Bought USAT and BABB.

Quick update:

On Monday the 12th I sold my 255 shares of E.W. Scripps Company (NYSE:SSP) at $19.91 per share. 

I did this so that I could finance the purchase of 25 shares of Tesla Motors Inc (NASDAQ:TSLA) at $181 per share.

With a week-and-a-half of hindsight, those both appear to have been good decisions.

Today I sold my 120 shares of Verizon Communications Inc. (NYSE:VZ) at $49.18 per share.

I used some of the proceeds to purchase more shares of USA Technologies, Inc. (NASDAQ:USAT).  I bought 1,140 more shares at $1.76 each.  I now have a total of 3,140 shares with an average purchase price of $1.93 each.

I've used some more of the proceeds from the Verizon sale to buy 5,710 shares of BAB, Inc. (OTCMKTS:BABB) at $0.76 each.

One of these days when I make the time I'll sit down and go over my holdings:  What I have, why I have it, and when I expect to sell it.  Not today, though.