True Religion Shows True Colors
>True Religion (TRLG) – a stock that I recommended twice on this blog once on March 8th (at $20.67) and then on June 16th (at $16.31) has run up over 40% since plunging to a May low earlier this year. While most investors including myself will admit its tough to sell at the right price, and most investors also like to let their winners run, I am now a little concerned about valuation. That said, I still like it (for the long-term) and it makes for a good buyout candidate, not to mention, it could go private. However, with this recent extravagant run I am going to take my profits and close out both positions on this stock. I suggest that readers who own it should probably look to book some profits too. If nothing else, please put stop loss orders so you can hang on to your gains if this stock goes back down.
– Faisal Laljee
Embrear has atleast a mini-peak around $42 about 8 days ago.
there have been 2 big down days
on big volume. i suspect some more downside action below 40.00.
Lifecell- has advanced smartly
in the past 4 days with an
incredible 3 million share
superspike to $33. i suspect
something is up and recommend
holding the shares for next
few weeks or $35+.