Mike, I subscribed to the year-end Cabot Low Priced Stock Report back in December. What should I do now?—R.S.
Mike Cintolo: These stocks were meant as shorter-term plays, as we wrote on page 1 of that report. We thought they were generally good for a few weeks, and indeed, many (not all) were. And many still are, such as APKT and SANM and F. That said, at this point, we’d start scaling out of your positions, both your winners and losers. No reason to sell everything here, but we’d think about lightening up and eventually moving into stronger leading stocks.
Michael Cintolo
Vice President of Investments, Editor of Cabot Market Letter and Cabot Top Ten Trader
A growth stock and market timing expert, Michael Cintolo is editor of Cabot Market Letter and Cabot Top Ten Trader. Since joining Cabot in 1999, Mike has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides that has helped Cabot place among the top handful of market-timing newsletters numerous times. Cabot Market Letter is one of only nine newsletters included in Hulbert Financial Digest's 2010 Honor Roll for performance in up and down markets, and is a Timer Digest Top Ten Long-Term Timer.
