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Non-Tech : Kirk's Market Thoughts
COHR 185.10-2.5%1:13 PM EST

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From: Kirk ©8/25/2006 11:00:50 AM
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GGR - one of my favorite "trading stocks" that has also been a great "investment" for me.

Yesterday with GGR just about to open after closing under $4.25, I posted on Suite101 [ investment.suite101.com ] my reasons for saying "This tells me the CFO thinks the risk/reward of the stock falling more than the tax savings is less then the odds of it going higher. Myself, I like to book profits (see above post) when the Northfield Capital folks are taking profits.... But I doubt they would screw their CFO out of $300,000 with any monkey business so the major selling could be over and now is the time to add (if you have not added already.)"

This has worked out well





Past history (this is all in my personal account with real money) I announced I bought back shares here at $3.35 here investment.suite101.com
(I also have buys at $4.01 and $4.50 so I am still long and hope this discussion is not considered "pump and dump" since I may sell my shares at any time without announcing it here.)

I sold those $3.35 shares for a nice gain but kept the $4.01 and $4.50 shares for what I hope is a recovery to double digits.

===> If any of the traders here have comments on when I should take profits again, I am all ears... so to speak.

GGR Disclaimer: I'm long and on house money with GGR. I was adding to my GGR newsletter position late in 2004 with GGR buys between $0.94 and $2.25 and I took profits as high as $13.42 in late 2005. I have huge built in profits in both my personal and newsletter portfolios so I can afford to take more risk buying and selling than some might want to take. This stock is very volatile and not suitable for risk adverse investors.
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