MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Profit Investment Management, LLC's Holding History (CIK: 0001286295)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 115,668 Value ($000) $2,893 Avg Close $19.31 Range $16.04 - $23.88

Q4 2015

Shares 174,300 Value ($000) $5,544 Avg Close $25.00 Range $22.61 - $26.92

Q3 2015

Shares 381,949 Value ($000) $12,031 Avg Close $27.26 Range $22.80 - $30.66

Q2 2015

Shares 439,916 Value ($000) $17,064 Avg Close $28.39 Range $26.31 - $30.07

Q1 2015

Shares 954,535 Value ($000) $34,067 Avg Close $26.67 Range $25.09 - $29.04

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	115,668	$2,893	$19.31	$16.04 - $23.88
Q4 2015	174,300	$5,544	$25.00	$22.61 - $26.92
Q3 2015	381,949	$12,031	$27.26	$22.80 - $30.66
Q2 2015	439,916	$17,064	$28.39	$26.31 - $30.07
Q1 2015	954,535	$34,067	$26.67	$25.09 - $29.04