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Pentair plc Message Board

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  • infoanalysis infoanalysis Feb 1, 2005 2:21 PM Flag

    Everybody bailing out before earnings

    I agree. This stock has had a nice run why would'nt people take some off the table before earnings.

    I myself sold some calls to collar. But I wouldn't risk touching the underlying. That is a "motley foolish" thing to do. The dividend in itself could help stabilize.

    People might panic if there is not a blowout figuring that it must now sing for it's supper or water at least. If it does drop it means nothing short of a buying opportunity.

    No question that this stock is a good long term play.

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    • There is bound to be a lot of nervousness
      over any stock Jim Cramer recommends.There
      is support at 43.50 where the 50 ema is on 60 min. chart.Has bounced off that a number of times. After that the 50 ema on the daily is at 42 or so.

 
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