Wednesday, November 3, 2010

Unitin (UTR) - complete purchase

UTR earnings came out near expectations with few surprises. In addition the election and QE2 announcements are now behind us.

Purchased the second half of the position at $23.97.

Next steps
- X - Dividend date next week for .9% !!!
- Exit - Below $22 - 8% loss and support on chart
- Target Price $30. Mostly on expanding multiple

- Alert at $26 for 10% and hit 200dma or at year end for review.

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