Thursday, December 11, 2008

URBN Getting Ripped

StreetInsider.com: Urban Outfitters Inc. (Nasdaq: URBN) 15% LOWER; Analysts note the company made cautious comments on sales trends in their 10-Q

And this is why you need an exit strategy with every position, even big winners.  With URBN it was time to book profits with a break below $20.

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