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GAP added to APRIL RECOMMENDED LIST

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APRIL RECOMMENDED PUT WRITE

We are recommending a put write on the following issue

GAP - The Great Atlantic & Pacific Tea Company, Inc. (GAPTC)
engages in the retail food business. It operates conventional supermarkets, combination food and drug stores, and discount food stores in the United States and Canada. As of June 18, 2005, the company's retail grocery operations included 637 stores. GAPTC sells groceries, meats, fresh produce, and other items in its supermarkets.

We are recommending the following specific put write

GAP 33.43
SELL GAP APR SYM: GAP-PF
Target Price $50.00 30 Put
Potential Profit(10 x = $500.00
Initial Margin $7,186 10 (contracts)
Return on Investment 6.96%
Cost Basis in Stock = $29.50
Days to Expiration = 43
Stock goes on Watch List Price at: $32.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $30.00


When this option is filled it will bring our APRIL RECOMMENDED LIST to THREE (3) positions

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