Monday, October 29, 2007

Bought 100 APA @ 102.90

Rounded out my position in APA today with the nice move up it has had. Stock was upgraded to a $120 price target from a $115 price target at Bear Sterns. I don't rely on the upgrades/downgrades, but the call moved the stock beyond my 2% threshold while I carried less than full position, so I added to my position.

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