TheKnot.Com Breaks Out

I recommended theKnot.com (KNOT) back in July at around $16.50. Since then, the stock moved had up to right below its all-time high of $21.67 and broke out beautifully today on more than twice the average volume. The stock closed at $22.07 and investors who got in at or after my recommendation have already seen gains of up to 40%. I believe the stock still has room to run but I recommend stop losses along the way.

– Faisal Laljee

Tags: Internet, KNOT, knot.com

This entry was posted on Tuesday, September 26th, 2006 at 4:37 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed.