20.5% gains on Sunoco, Inc. (SUN): What’s next?
Today's Financial News - Posted August 13, 2009
TFN’s Laura Cadden just took 20.5% gains on her Hot Stock Confidential recommendation Sunoco, Inc. (NYSE:SUN).
That’s double-digit gainer #44 for HSC members so far this year! But even as we chalk up another great investment, we still have bigger fish to fry…
by J. Christoph Amberger
Baltimore, MD — TFN: She did it again.
TFN’s Diva of Dollars Laura Cadden took a look at rising oil prices, stagnating gasoline demand, and recent revenues numbers and decided that it was time to take action:
“On July 8, I recommended you take advantage of a dip in the share price for the refiner-plus Sunoco, Inc. (NYSE:SUN). I felt sure we’d make 20% gains within 3 months. If you got in under $22, you’re up over 20% in just over a month.
“If the price of crude continues to rise, that could mean hard times for Sunoco so let’s lock in these gains. Set a 20% wealth protection stop-loss for SUN at $26.05.”
A little while later, our stop loss was triggered. Sunoco rang up 20.5% gains in just 26 days for readers of Hot Stock Confidential. That’s double-digit gainer number 44 so far this year… and only 2 of these winning plays brought us less than 20%.
I’ve been trying to shake down my publisher colleagues here in Baltimore to find out how their portfolios are doing. But they’ve become strangely evasive — “have to check on that” — when I ask how their stick picks are doing for their readers.
I never hear back for them… except indirectly, when their marketing guys tell us we can’t run advertisements for Hot Stock Confidential to their customers.
How's that for timing it right?
But those last 20.5% are nothing compared to what I expect to generate for HSC readers on our three dirt-cheap Chinese pharma stocks over the next couple of months: We only recommended them, what, less than 3 weeks ago, and three of them are up 40%, 21%, and 37%, respectively. And they’re still well in our buying range!
Find out what to buy right here!
Next Article: TFN eNews 8/13/2009: Brace yourself for some really great news!
Be the first to leave a reply.
Your comments are welcome
Follow TFN via RSS or Twitter |
 |
 |
 |
Advertisement
Latest Headlines
- The Big Picture for Sinobiopharma, Inc. (SNBP)
- Beazer Homes USA, Inc. (BZH) and Hovnanian Enterprises, Inc. (HOV) up despite horrid housing news
- The FDA catalyst: 2010 moves in MannKind (MNKD), Roche Holding (RHHBY), Acorda Therapeutics (ACOR) show it still works!
- Steepest drop since Feb. 2009: Here we go again!
- Is the silver run over? Coeur d’Alene Mines (CDE), Silver Wheaton (SLW), Alto Group (ALTO), Hecla Mining (HL), Endeavour Silver (EXK) close down