Wednesday, May 7, 2008

LXU Update

LXU continues to make headway towards its minimum breakout target of 17.50.

Upon reaching the minimum target at 17.50 sell half the position and let the other half continue on the board with a stop at break-even.

So far we have taken 12% out of the stock in just over 1 trading week with what looks to be a possible 20% return at the lower target.

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