Posted
Mar 27 2008, 02:51 PM
by
Dave Dispennette
The Playbook 100
RSTI @ $40.82 (Rofin-sinar Tech) manufactures CO2, solid-state and diode lasers used to cut, weld, mark and perforate industrial materials. We've made money in this stock in the past and it has been consolidating over the past couple months and looks poised for a sharp move one way or the other. It has traded in a tight range between $38 and $43 since January. We will establish half a position here and will enter the remaining half on either a pull back to $38.50 or a move above $43. Our stop loss will be set at $37.50.
Growth Stocks
CMG @ $112.72 (Chipotle Mexican Grill) operates 640 fast casual fresh Mexican food restaurants in 26 states. Earnings are expected to grow 26% this year and another 27% in 2009 to $3.38 a share. We've been involved with this stock since 6/28/06 when we started our position at $59.95 and have held it for almost two years. Anyone looking to add to position could do so here. If you've missed the first double, now is a good place to get involved to catch the next one. Traders could enter here with a tight stop loss set at $109.
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