Garmin…Chaching?
- Posted by Howard
- on October 2nd, 2007
So I had a nice/lucky sale of Garmin and swap into Trimble last week for a win/win .
Now Garmin is down over $20 bucks and below $100 on the Navteq/Nokia merger. I am adding some of the Garmin back I sold at $118. Market looks to be panicking here. Nokia could buy Garmin and tie up the whole industry.
I am also ringing the register on more of my long time Amazon holding.
Lot’s of new breakouts that I have been taking lately so it just seems prudent.
Disclosure- Long, Garmin, Amazon, Navteq and Trimble
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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