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Tuesday, June 07, 2005

Live Action: Long Integra Bank (IBNK)

I would go long with Integra Bank (IBNK) at $21.30 as it dropped with high volume without news, I expect some recovery. I would set the hard stop at $20.50. I will close the position before market close today.

"Integra Bank: Spoke to representative of IBNK who says they are not aware of anything material that would lead to sudden price decline"
This trade is not with real money, I am just checking my trading strategy.


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