NVE Corp. (Ticker: NVEC) Deal or no deal?
Today was another explosive day for the stock of NVE Corp. (Ticker: NVEC). On absolutely no news what so ever, the stock vaulted ahead by 18.87% to close the day at $34.01. I first featured this Sensor maker and patent rich company on Aug. 1, 2006, a few days after the company released its Q1 2007 earnings and the stock zoomed up by 25% in one day. This stock of this company has juiced the returns of several accounts I manage over the last several weeks and I can only imagine what might happen if the company had some really positive news like a license deal with FreeScale Semiconductor. It could happen!
posted by Greg @ 8:54 PM
2 comments
2 Comments:
Did you sell when it got that high?
No. I've traded some in and out but for the most part I've just stayed long. Our open positions are up between 29% and 81%. "Cut your loosers short and Let your winners run."
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