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Thursday, May 25, 2006

GM Update

This past Tuesday, we recommended GM as a good short term buy. At that point, it was trading at $24.50. It is now trading at $28.66, which would have given you a 6% pop. It is time to sell half your position because a healthy pullback is needed for this stock to continue to rise. After the pullback, use the procedes from your sale today to buy more shares back for the long term.

posted by Stock Administrator @ 12:15 PM  

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