Blog > US Stocks and Markets > Blog article: Take profits on momentum stock pick Sequenom, Inc. (NASDAQ:SQNM)
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Take profits on momentum stock pick Sequenom, Inc. (NASDAQ:SQNM)

Posted June 6, 2008

Baltimore — (TFN): Wednesday’s momentum trade Sequenom, Inc. (NASDAQ:SQNM) soared to $12.30 this morning.

Yesterday, we told you that we’d take profits between $11.40-11.50 if we can.

As I’m writing, the stock is trading at between $11.80-11.90. It would be nice to get $12 and above for our speculation, but I’d like to get out of this stock before the weekend dulls further buying interest.

At $11.80, we’d cash out with a 27.7% profit in 2 days.

I take than any time!

Cordially yours,

J. Christoph Amberger
Executive Publisher
TodaysFinancialNews.com

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

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