With your position in Take Two Interactive Software (TTWO) now up by 10.47%, I am recommending that you tighten your stop to $63.85 to lock in at least a 10% gain.
Your holding in Nanometrics Incorporated (NANO) tumbled yesterday, in a classic investor overreaction to slightly disappointing earnings even as the longer-term outlook for the company strengthened.
Nano’s CEO said while Nanometrics’ first half of 2017 should be roughly in line with its previous guidance, the company now expects second-half revenue to be at least 10% stronger than the first half of the year.
That means the stock should recover quickly, and resume its upward trend.
But, as always, keep your eye on your stop price of $26.50.
Nicholas A. Vardy