Locking In Gains On $TASR

Back on January 24th, I discussed how in late 2012 and into 2013 I blogged here and the stock picks went 8 for 9 and left one position open, Taser $TASR.

The one loss dropped a whopping -2%, Sturm Rugr $RGR. If you travel back in our blog history, you will see that all I do is “throw touchdowns”. That is the beauty of writing a blog, you can see the history and whether I am the real deal or full of it.

I noted that I went long Taser at $7.67 on 12/17/2012 and it was at $15.43 for a gain of $7.76 or 101% on January 24th. The stock ran to a peak of  $35.95 and I thought it could get there again, We were pretty confident it could trade north of $20 this year. We still liked this name back in January.

In the first part of March, Taser has traded above $20 and now we are removing our recommendation from January 24th. The gain is $3.86 or 25.01%. In the same period, the S&P 500 is up by 5.88%. Since writing in January, this is the second winning recommendation and there have been no losers.