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Thursday, August 5, 2010

Today Result, GAP, ATPG

Two of the recent covered stocks are going opposite ways today. GAP went up another 8.13% to $3.99 per share while ATPG lost steam and dropped 4.54%.

The pull back of ATPG is nothing to panic about as investors were doing profit taking after the stock went up 40% in just two weeks. Wait for few more days and there could be buying opportunities coming.

The recovery ride for GAP has not end yet as the stock has been up 60% since it hit 52 weeks low not so long ago. The stock is still less than a quarter of the 52 week high of $13 per share. For the long run this stock still has plenty of spaces to go.

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