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News and commentary
Value Raider for Small Stocks
By Richard Suttmeier
Updated: Saturday, August 09 2008 12:08:AM
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Welcome to Value Raider for Small Stocks. I include a model portfolio that allocates a hypothetical $100,000 among a portfolio of stocks that I find through my Buy and Trade Screening Guidelines.
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Small Stocks
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Entry
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Entry
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8-Aug
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# Of
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Gain
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Value
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Risky
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Company / Symbol
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Date
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Price
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Price
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Shares
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Loss
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Levels
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Pivots
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Levels
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Novell Inc (NOVL)
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30-Jun
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$5.58
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$5.40
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450
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-3.2%
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5.18 S
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5.73 M
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6.68 Q
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Sinclair Broadcasting (SBGI)
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27-Jun
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$7.63
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$5.96
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325
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-21.9%
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4.84 S
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7.44 A
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8.50 S
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Sinclair Broadcasting (SBGI)
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6-Aug
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$7.23
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$5.96
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345
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-17.6%
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Sirius Satellite Radio (SIRI)
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10-Jun
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$2.45
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$1.32
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1,020
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-46.1%
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1.23 Q
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5.58 S / 5.76 S
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Sirius Satellite Radio (SIRI)
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29-Jul
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$1.54
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$1.32
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1,625
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-14.3%
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Flextronics (FLEX)
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27-Jun
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$9.50
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$9.23
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250
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-2.8%
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8.41 M
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9.15 S
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11.00 Q
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Entrust (ENTU)
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7-Jul
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$2.41
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$2.41
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1,000
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0.0%
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1.88 Q
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2.87 Q
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3.16 M / 3.59 S
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Tibco Software (TIBX)
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7-Jul
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$7.42
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$8.46
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350
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14.0%
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6.10 M
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8.50 S
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9.37 Q
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Himax Tech (HIMX)
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21-Jul
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$4.33
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$3.62
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575
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-16.4%
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1.45 Q
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4.16 Q
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4.96 M
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Brocade Comm (BRCD)
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28-Jul
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$6.64
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$7.02
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375
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5.7%
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5.32 M
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7.40 S / 7.70 S
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Gasco Energy (GSX)
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28-Jul
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$2.85
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$2.54
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875
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-10.9%
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1.11 Q
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3.60 M
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5.59 S / 5.77 S
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Parker Drilling (PKD)
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28-Jul
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$8.41
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$8.16
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300
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-3.0%
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7.30 A
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8.56 M
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10.00 Q
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Harmonic (HLIT)
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31-Jul
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$7.71
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$8.41
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325
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9.1%
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6.63 S
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7.67 S
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10.52 Q
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Cincinati Bell (CBB)
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4-Aug
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$3.57
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$3.82
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700
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7.0%
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none
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3.75 S
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4.15 S / 5.18 Q
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RealNetworks (RNWK)
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4-Aug
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$6.15
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$6.56
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400
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6.7%
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4.72 Q
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6.56 M
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8.08 Q / 8.37 S
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Sonicwall Inc (SNWL)
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4-Aug
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$5.59
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$6.34
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450
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13.4%
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none
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5.40 M
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6.79 S / 8.08 Q
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Northgate Minerals (NXG)
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5-Aug
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$2.11
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$1.93
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11,175
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-8.5%
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none
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2.59 M
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2.85 S / 3.61 S
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Trades Closed Last Week
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Closed Positions Last Week
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Entry
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Price
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Exit
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Shares
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Cadence Design (CDNS)
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25-Jul
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$7.07
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$7.12
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350
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Lattice Semi (LSCC)
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28-Jul
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$2.27
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$2.51
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1,100
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Zoran Corp (ZRAN)
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28-Jul
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$9.50
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$8.25
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250
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Zoran Corp (ZRAN)
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29-Jul
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$8.18
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$8.25
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300
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Cano Petroleum (CFW)
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28-Jul
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$3.95
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$3.83
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635
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Brooks Automation (BRKS)
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4-Aug
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$7.72
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$8.62
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325
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Cirrus Logic (CRUS)
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4-Aug
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$5.50
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$5.89
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450
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Del Monte Foods (DLM)
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27-May
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$8.51
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$8.76
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300
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Performance since inception: The Russell 2000 iShares Value (IWN) is down 10.0%. Our model portfolio is about breakeven.
Buy and Trade Guidelines: Investors should consider entering good until cancelled (GTC) orders to add to these positions on weakness to value levels. Or, sell on strength to a risky level.
- A value level is a price at which investors should add to positions on share price weakness
- A risky level is a price at which investors should reduce holdings on share price strength.
- A pivot is a price that should be a magnet during the time frame specified.
Richard Suttmeier’s Radar Screen
- I screen for stocks rated strong buy or buy according to Automated Stock Alerts (ASA) that trade at least 5% cheaper than their fair value price.
- The stock must trade between $1 and $10 and have a market cap of at least $100 million, and average daily volume above 250,000 shares per day.
- New monthly, quarterly and semiannual value levels, pivots and risky levels will be posted after Monday’s June 2008 closes.
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Sector Report
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8-Aug
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Trading Strategy
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Company / Symbol
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Price
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Novell Inc (NOVL)
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$5.40
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I will add to this position on weakness to my semiannual value level at $5.18.
I will remove this position on strength to my quarterly risky level at $6.68.
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Sinclair Broadcasting (SBGI)
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$5.96
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I will remove this position on strength to my semiannual risky level at $8.50.
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Sinclair Broadcasting (SBGI)
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$5.96
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I will add to this position on weakness to my semiannual value level at $4.84.
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Sirius Satellite Radio (SIRI)
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$1.32
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I will add to this position on weakness to my quarterly value level at $1.23.
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Sirius Satellite Radio (SIRI)
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$1.32
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I will remove this position on strength to my semiannual risky level at $5.58.
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Flextronics (FLEX)
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$9.23
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I will add to this position on weakness to my monthly value level at $8.41.
I will remove this position on strength to my quarterly risky level at $11.00.
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Entrust (ENTU)
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$2.41
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I will add to this position on weakness to my quarterly value level at $1.88.
I will remove this position on strength to my monthly risky level at $3.16.
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Tibco Software (TIBX)
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