ACTIONS:
Buy Dot Hill Systems (HILL) common stock at current levels.
Buy Limelight Networks (LLNW) common stock at current levels.
Dear Momentum Stocks Weekly Subscriber,
I have two New Trades for the Momentum Stocks Weekly portfolio.
One trade is on a familiar name while the other is a fresh addition to the portfolio.
Dot Hill Systems (HILL, $4.25, up $0.08)
Action: I like shares at current levels for a possible run past $5 over the near-term. Buy Dot Hill Systems (HILL) common stock at current levels. I will have a complete write-up in Monday’s Momentum Stocks Weekly update.
Limelight Networks (LLNW, $3.45, up $0.06)
Action: I like shares at current levels. Last year, the company declined a takeover bid north of $6. Buy Limelight Networks (LLNW) common stock at current levels.
All prices given in this update are current as of 1:25 p.m. EST.
Every new Momentum Stocks Weekly recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.
Trade on!
Rick Rouse
Editor
Momentum Stocks Weekly