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Post# of 275623
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MikeDDKing

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MikeDDKing

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Re: MikeDDKing post# 233995

Thursday, 10/21/2010 11:19:25 AM

Thursday, October 21, 2010 11:19:25 AM

Post# of 275623
My near term target for MPAA is $12 so it is getting close to the target. That is part of the reason why we decided to take half off in the SwingTrade portfolio. The other reason is that it was in excess of 10% of the SwingTrade Portfolio so given the risk/reward we thought we should lighten up. MPAA has a large acquisition that they potentially may make which I think will increase the target above $12.

MPAA has been one of the better trades in the SwingTrade Portfolio this year with a return of 40% so far.

Mike

SwingTrade is my favorite board - #board-1781

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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