The Daily Kill Sheet Picking Off Profits One Stock At A Time!

April 16, 2013

Daily Kill Sheet For April 16, 2013

Filed under: Advice,Industrial,Industrials,Shorts,Take Profits — Administrator @ 8:15 am

I am taking profits on two of our short positions here after yesterday’s big decline. With that said, I am closing out our 1/31 short on Kennametal (KMT, $36.17) with a 12.5% gain. I am also closing out my 3/21 short on Parker Hannifin (PH, $85.96) with an 8.5% gain. Both stocks have had solid declines and are trading near our short-term price targets, thus I will take profits off the table here.

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