Patterson Companies - PDCO - cls: 45.77 chg: +0.46 stop: 41.85
PDCO continued to buck the weakness in the broader market and managed to trade to $46.12 on Thursday. That is within our $46-48 target range. More aggressive traders may want to hold on to PDCO given its strength but expected a potential dip back toward the $45.50 level before it continues higher. We're going to close the play now that the target has been achieved.
Picked on December 01 at $42.06
Overseas Shipholding - OSG - cls: 51.96 chg: -0.81 stop: 51.75
We warned readers on Tuesday that the failed rally near $56 looked like bad news and now we've been stopped out. The shipping/oil-tanker industry was hit pretty hard during the two-day market pull back and shares of SOG slipped low enough to tag our stop loss at $51.75.
Picked on January 18 at $55.51