Take 20% gains on Argon ST (STST)
Today's Financial News - Posted April 2, 2009
As we anticipated, Virginia-based defense contractor Argon ST, Inc. has the equipment today’s military is looking for.
by Laura Cadden, TodaysFinancialNews.com
Baltimore – (TFN): When we first recommended Argon ST, Inc. (NASDAQ:STST) back in December, we believed the company’s surveillance and reconnaissance systems would be in demand as the new administration seeks to lower troop levels and rely more heavily on technology.
In late February, Argon won an $8 million contract to produce additional airborne sensor systems for the U.S. government. Largely on this news, the share price has climbed nicely.
Though I continue to believe this company has a strong future, I don’t want to risk the 20% gains that those who took my advice have made.
If you were one, I recommend selling your shares of Argon ST, Inc. (NASDAQ:STST).
Next Article: Investing in Sirius XM Satellite
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