Thursday, April 12, 2012

Nice Moves for DNKN and SGMNF. Watching WM

DNKN met my $32 target today, allowing me to take a profit on 1/2 of my position.  I decided to hold onto 1/2 a position a while longer and ride the 50 day ma up.  I'll use that a stop.  The company announced that earnings will be released April 26th.  Hopefully, I can hold to earnings and may make a decision to hold through them...we'll see how it goes.

SGMNF has been rising slowly but surly. I'd like to see volume pick up a bit along with the price.  This is a longer term hold, so I'll be happy as long as it holds above 30 cents.

I'm watching these two stocks...

WM - I've owned this one in the past. It looks like its up against resistance at $35.39.  A strong break above this level could send it to $37 in a short period of time.  I'd put a stop just under the 50 day ma @ $34.75.  The long-term target would be $40.

Stay patient and have a good weekend!
~JP

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