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Take double-digit gains on Vanda Pharmaceuticals (VNDA)

Today's Financial News - Posted January 23, 2009

Time to take sleepy-time gains off the table!

by Laura Cadden

Baltimore (TFN): On December 2, we recommended TFN readers buy shares of Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) in anticipation of success with its VEC-162 drug for the treatment of sleeping disorders.

The stock share price had been battered down to below 60 cents at that time — from a 52-week high of $6.50!

Today, the stock has hit 81 cents, giving those that got in under my recommended buy price of 75 cents the anticipated double-digit gains.

For those that got in that day at 60 cents — the gains are over 35%!

Let’s take ‘em!

I recommend you sell your shares of Vanda Pharmaceuticals Inc. (NASDAQ:VNDA).

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Posted by J. Christoph Amberger · Filed Under US Stocks and Markets

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Take double-digit gains on Vanda Pharmaceuticals (VNDA)

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