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Sell Rex Energy (REXX) for 50% Gains

Posted by Laura Cadden on May 2, 2008

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On March 14, I recommended you purchase Rex Energy (REXX:NASDAQ).

On April 18, we sent you an update announcing the 40% increase in stock price. I suggested for those that can stand risk, that you hold on until 50% (at $24 per share) was reached.

Well, here we are… it’s $24.35 as I write.

On Friday, May 9, Rex Energy will be having their Q1 Earnings Conference Call. If you are a bold investor, you may want to hold out until then.

But I’m happy with an even 50%. I suggest you take profits at or above $24.

Best regards,

Laura Cadden

 

 

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Posted by Laura Cadden · Filed Under News that Matters 

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