Your Adarsh™

Letz mint some ‘ka-ching’

NZ frenzy starts

We recommended NZ- Netezza Corporation at $12.5. Our stop was at $11.47. Those were a few nervous moments this morning when it looked like it would take out our stop….but Holy Lord we just moved our stop a touch lower and it never came near that…

We said NZ trades in a channel and asked you to get LONG anywhere below 12.5. Congrats to all those who acted to our yet another money making suggestion….This one is going to $15…though our sell order 50% of position awaits at 14.75 and the other half – yet to be decided. We just hit a temporary bottom here. Watch out may be for another day in red but after that the train should go straight up to the next station at $15.

If you want to stick to our basic 10% profit taking principle then sell 40% at 10% and let the remaining run higher.

This thing trades on a bit low volume so take care while you put your stops….give it some width to trade without taking out your stop.

 Good Luck Congrats,

Your Adarsh

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October 22, 2007 - Posted by | Blogroll, Holding, Long Term, Profited, Short Term

2 Comments »

  1. Hey I bought a few shares like you mentioned at around 12.15. I’m thinking of buying some more When do you think I shold buy?

    Comment by Rick | October 22, 2007 | Reply

  2. I would put in a buy order les than 12 and if it doesn’t take that out tomorrow..I’ll buy 1/2 of the remaining position above 12 but below 12.5 and then hope it comes down to buy the last 1/4th position…

    Comment by youradu | October 22, 2007 | Reply


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