Savvy Trades and Investments

[SSKILLZ1]

IART

Sold IART today at $23.30 avg. Didn't like the press release today. FDA warning on 3 different facilities. I have to say got annoyed just reading that, with the problems they had so far. Just when you think management has a handle on these thing this pops up. My personal favorite was the last line where they reaffirm revs for the 4th quarter, but my concern is they are not gonna hit those high eps expectations in q4 with a statement like that. I continue to have a very hot/cold relationship with IART, because I think the company has tremendous potential, but at the same time my confidence level of management figuring these problems out, well I think everyone can figure where that is. Time will tell. But I took my profit after buying in the high 21's. All is just my opinion, and I could aways be wrogn thoguh.