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Nov

1

Cover COF, adding AVAV

November 1, 2007 | Leave a Comment

This afternoon I decided to cover my short in COF at $62.30. With such a violent move to the downside here, I feel like it is a good time to take gains in short financial positions and rotate into relatively strong sectors like defense.

I rotated part of my position in COF to add a moderate long position in AVAV at $24.14. I continue to like this company, and the stock was down significantly on light volume. The […]

Continue Reading Cover COF, adding AVAV