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Wednesday, January 25, 2012
Spectrum Pharmaceuticals
I recently purchased Spectrum Pharmaceuticals (SPPI) at $15.57 based upon my research using Investor's Business Daily. The stock is currently trading around its 20-day moving average and above its 50-day moving average. Let's see how this trade plays out over the coming weeks. I will look to exit this trade if this stock trades down over 10%.
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