You are now logged out.
A Quick Update on UARM
The Hot IPO Trader
Thursday, December 29, 2005
By Louis Basenese
#19
** A Quick Update on UARM
In case you’ve been taking a break from the markets to enjoy the holidays, I just wanted to alert you that we hit our first two profit targets on shares of Under Armour (Nasdaq: UARM), locking in gains of 25% and 50%.
At this point, you should only have one-fourth of your original shares remaining. Move your stop up to $34 here and sit tight for the prospect of even bigger gains in the weeks ahead.
And I’ll be in touch shortly with your next alert.
Wishing you a Happy New Year,
Louis Basenese
Stock
Current Price
Comments
Basic Energy Services (NYSE: BAS)
$19.15
Hold. Sell stop is $19.
Under Armour (Nasdaq: UARM)
$38.80
Take partial profits. Move sell stop up to $34.
Hercules Offshore (Nasdaq: HERO)
$27.98
Buy. Sell stop is $22.50.
Copyright – 2005 Monument Street Publishing. Monument Street Publishing does not act as an investment advisor or advocate the purchase or sale of any security or investment. Monument Street Publishing expressly forbids its writers from having a financial interest in any security recommended to its readers. All of our employees and agents must wait 24 hours after an Internet publication prior to following an initial recommendation. And for hard-copy-only publications, 72 hours after the publication is mailed. Investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Monument Street Publishing provides its members with unique opportunities to build and protect wealth, globally, under all market conditions. The executive staff, research department and editors who contribute to recommendations are proud of the reputation Monument Street Publishing has built since its inception in 1984. We believe the advice presented to its members in our published resources and at our meetings and seminars is the best and most useful available to global investors today. The recommendations and analysis presented to members is for the exclusive use of members. Copying or disseminating any information published by Mount Vernon Publishing, electronic or otherwise is strictly prohibited. Members should be aware that investment markets have inherent risks and there can be no guarantee of future profits. Likewise, past performance does not assure future results. Recommendations are subject to change at any time.
Market Watch
NASDAQ
1431.50
+5.40
SP 500
756.55
+5.81
DJIA
7223.98
+53.92
As Of 1:22AM 3/14/2009
Attention Money Map Subscribers!
Money Map Report,
New China Trader
& Money Moves Alert
are now found at www.moneymappress.com