BLTI did well last week, up over 20% for the week, even though it was down 4% on Friday on profit taking. I am not expecting any dramatic moves in BLTI until the earning release on March 17. The earnings have been pre announced, so I don't see any new buying at earnings time. But the stock moves rapidly on good news. So you gotta to be invested to benefit from it. That is why I am staying put.
I sold the hedge last week after Mo posted his blog. I agree with him that markets are going higher for now, so I will stay unhedged for a while.
The recommended picks for this week are;
(KKD) – buy
(EXTR) – buy
(NSTC) - buy

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February 5, 2011
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