Thursday, April 29, 2010

BINGO! AKAM Gives Us Something to Smile About

On good earnings report, Akamai Technologies, Inc. (AKAM) has gained about 15% in today's early trades.
Back on 2/25/09 I liked AKAM at 18.23, today we see a huge pop and trading at 38.25 (a 110% return in 14 months).
My rule is: too high + too fast = cash-in.
I say take profits and look for other oportunities.

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