Taking profits in SAY & HITT
By Yaser Anwar, CSC of Equity Investment Ideas
I would like to recommend taking profits in SAY & HITT. I recommended buying Satyam Computer (SAY) on June 12th '06, ever since then the stock has rallied more than 13.5% & Hittite Corp (HITT), which i recommended on June 4th '06 has rallied more than 17%.
So it would be prudent to take some profits now. If you bought these stocks when i recommended them in June, i still believe they have a great potential for further gains but with my beliefs that Fed will raise rates in August to 5.50% (which i pointed out back on June 5th '06), it would be good to book some gains & let the rest run.
http://www.equityinvestmentideas.blogspot.com/
I would like to recommend taking profits in SAY & HITT. I recommended buying Satyam Computer (SAY) on June 12th '06, ever since then the stock has rallied more than 13.5% & Hittite Corp (HITT), which i recommended on June 4th '06 has rallied more than 17%.
So it would be prudent to take some profits now. If you bought these stocks when i recommended them in June, i still believe they have a great potential for further gains but with my beliefs that Fed will raise rates in August to 5.50% (which i pointed out back on June 5th '06), it would be good to book some gains & let the rest run.
http://www.equityinvestmentideas.blogspot.com/
posted by douglas mcintyre at 2:35 PM
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