Blog > Investment Strategies > Set wealth protection stop-losses for ASTM, CRIS, and SGMO
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Set wealth protection stop-losses for ASTM, CRIS, and SGMO

Today's Financial News - Posted August 10, 2009

If you purchased each of the three stocks we recommended in "Today’s top 3 stem cell stocks under $6" on the day we issued the report, you’re up 40%, 22% and 43%, respectively. Let’s set a stop-loss to protect those gains.

by Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): On May 11, we issued the TFN Special Report, Today’s top 3 stem cell stocks under $6.

We identified Aastrom Biosciences, Inc. (NASDAQ:ASTM), Curis Inc. (NASDAQ:CRIS) and Sangamo Biosciences, Inc. (NASDAQ:SGMO) as three biotechs using stem cell research with top investment potential.

Our entry prices that day were:

ASTM = $0.39
CRIS = $1.25
SGMO = $3.91

Though we still feel each of those stocks is a good buy at current levels, but gains like these are too good to risk entirely.

We recommend you set the following wealth protection stop-losses:

ASTM: 35% (If you got in at our entry price, that target = $0.51.)
CRIS: 20% (If you got in at our entry price, that target = $1.50.)
SGMO: 40% (If you got in at our entry price, that target = $5.50.)

Enjoy your gains!


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Posted by Laura Cadden · Filed Under Investment Strategies 

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