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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (1390)	6/12/2014 11:10:26 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26579

Nice work on GTAT! I'm long some GTAT at an average cost of $6.26 a share and plan to add more in the next two weeks. After a quickie review, my big question "is the business sustainable or is it a huge pop of revenue for Apple that will return to normal in a year or two?" After a quick triple, I usually take some off the table, perhaps even get on house money then maybe put some back on a pullback. I had a six figure gain in a company that had a very large customer and it dropped 80% when that customer, Cingular, was bought by AT&T who didn't want to spend on a quality network... they just wanted to eliminate quality competition. I was on house money so I still ended up making a lot when they tossed in the towel and were acquired, but some of my readers who bought at the top were not so lucky. That is another reason I limit exposure with profit taking. Good luck!