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September 21st, 2010 at 2:53 pm
Oxen Alert – New Longterm Rating and Position Update
Hey all,
I have a new Longterm Rating on Cree Inc. We are initiating rating at a hold with a target at $56.
Read more about this position and my ranges on this one here.
For current positions:
NBR – Our only open position. We are basically neutral on this one, and it has not done much. I am thinking, though, that it makes a nice hold. It is far out of its upper band, and it should readjust down tomorrow.
That’s all folks. I have to leave the office a bit early today.
Good Investing,
David Ristau