Navteq Partial Sell – Hogs Get Slaughtered…And a Buy – SGMS

I am taking half my position off of Navteq. It was $41 a few weeks ago and I would have happily taken $67, so why be a hog. When I added more last week at $56 on a takeover thought, it was just that. I consider these fast moves gifts.

I still believe in the trend though.

I am swapping the monies into SGMS. Should have bought it yesterday after our most excellent show. Earnings were good and I am paying up 10 percent today. No problemo. Looks like a big trend still in play with the ‘Scratch and Sniffer’ stock.

Disclosure – Long NVT and SGMS