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.

As is part of my blogging, I wanted to share with you a 'swap' I made out of my position in Haemonetics (NYSE: ) and into Oshkosh (NYSE: ).  Both of these are mid cap stocks but that is where the similarity ends.  

On Monday, August 3, 2009, I sold my 50 shares of Haemonetics (HAE) at $55.08 after what I viewed as both technical weakness on somewhat less than stellar earnings, and purchased 80 shares of Oshkosh Corp (OSK) at $30.73 on what I viewed as compelling news on this 'old favorite' of mine and a nearby Wisconsin-based firm. Oshkosh (OSK) closed at $32.22 today, up $1.28 or 4.14% on the day...so I am already a few percentage points ahead on this purchase!

Haemonetics (HAE) is a stock I have purchased two times, originally picking up 50 shares on October 27, 2008, at a cost basis of $51.54, so I had a gain of $3.54 or 6.9% since purchase.  So it wasn't exactly a waste.  And I do need to develop more patience with all of my holdings!

Basically Haemonetics (HAE) reported 1st quarter earnings results yesterday.