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Wednesday, October 29, 2014

Sell FWRD Air

Today we exit foward air due to a signal I saw on the charts: We got in straight and we got out with a profit:

Forward Air Corp. (FWRD)

 -NasdaqGS  
47.62 Down 0.01(0.02%) 10:41AM EDT - Nasdaq Real Time Price
Prev Close:47.63
Open:47.85
Bid:47.88 x 200
Ask:47.97 x 200
1y Target Est:49.89
Beta:1.13
Next Earnings Date:N/A
Day's Range:47.62 - 48.60
52wk Range:39.28 - 48.93
Volume:29,126
Avg Vol (3m):133,326
Market Cap:1.45B
P/E (ttm):24.94
EPS (ttm):1.91
Div & Yield:0.48 (1.10%)
Quotes delayed, except where indicated otherwise. Currency in USD.

Headlines



We got in at :

Forward Air Corp. (FWRD)

  -NasdaqGS  
44.75 Down 3.60(7.45%) 1:23PM EDT - Nasdaq Real Time Price
Prev Close:48.35
Open:45.96
Bid:44.79 x 100
Ask:44.83 x 100
1y Target Est:50.44
Beta:1.13
Next Earnings Date:N/A
Day's Range:43.60 - 45.96
52wk Range:39.28 - 48.93
Volume:270,769
Avg Vol (3m):126,078
Market Cap:1.38B
P/E (ttm):24.51
EPS (ttm):1.83
Div & Yield:0.48 (1.00%
This gives us a nice little profit of approx 7%.

More later today. I just checked the market and things look to be flattening out a bit, I just want to check some signals before I issue a recommendation.

Mark

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