Wednesday, December 1, 2010

Bookkeeping: Selling 30% of Acme Packet (APKT)

Acme Packet (APKT) presented at the Credit Suisse Technology Conference yesterday, and whatever they said must have been a doozy (have not had time to listen to a replay); the stock was up 10%+ yesterday.  With the name running another 4% today I am going to lock in profits on 30% of the position and look to buy back on a pullback if and when.

Long Acme Packet in fund; no personal position


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