Sold Remainder Position of Shengdatech Inc (NASDAQ: SDTH) in the Portfolio

Sold remainder of Shengdatech Inc (NASDAQ: SDTH) position today. 1000 shares @ $12.90 were sold in the [model portfolio] . The move up has become too sharp for us to risk not taking the cash off the table.

Selling Partial Position of Shengdatech Inc (NASDAQ: SDTH) in the Portfolio

We did a partial sell of Shengdatech Inc (NASDAQ: SDTH) position today. 1000 shares @ $12.38 were sold in the [model portfolio] . While the stock remains strong fundamentally and from a technical analysis perspective, it has moved sharply higher in a short amount of time, so we feel it prudent to take some shares off the table. We are also moving our stops up to $11.75 to protect our gains on remaining shares.

Added Shengdatech Inc (NASDAQ: SDTH) to the portfolio

Added Shengdatech Inc (NASDAQ: SDTH) 2000 shares @ $7.69 were added to the [model portfolio] today. Alerts and strategies (entry/stops/targets) have been given to subscribers via email and further details will also made available and updated in our weekly newsletter. [subscribe] .