Buy SIFY - Near Term Target is $4.25 to $5

Here is a quick update on the trades I did today.

1. Sold another chunk of BORN at $11.50, which was bought at $8.1. It got very close to my target price of $12. Still holding some. I will sell the remaining at as best price as possible and enter back in if it goes back to $10. Medium term target is $22....Remember RINO?
   
2. Sold half of REE at $8.50, which was bought at $7.50. I think this stock has lot more upside but just to be on the safe side I booked some profits. My near term target is $10.50. I will unload the remaining and will then reevaluate before going long or short. Most probably long :) I'm an optimist....As a matter of fact, I made money going long when the markets were tanking...Yes I went long on Triple BEAR ETFs like FAZ, TZA etc. LOL
   
3. Holding OINK, DHRM, GENT, ICH
4. Bought JCTCF at $7.25
5. Bought SIFY at $2.99

It looks like some activity in DHRM has started already, It's just matter of time to ignite the spark and you will see fireworks! I also loaded SIFY today because I like its technicals. Volume had dramatically spiked in the last couple of weeks with couple of nice breakouts. I see the trend to continue and the stock hitting $4.25 to $5 in the next few weeks. I was pleasantly surprised to see its IBD ratings with Composite of 75%, RSI 100% and the last but not least Accumulation/Distribution ratio with 100% = A+ means HEAVY BUYING!!!

A general Caution and Advise -As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!