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Take Profits On Foot Locker Immediately!

Take profits on Foot Locker (FL) at the market. We're up around 26% in around 30 days of owning the stock.

That would be a great return over a year or two, much less, 30 days. So sell all of your shares now. This will give you more cash for future picks or averaging down on other picks in the future.

As you know, from the April monthly issue in which the recommendation to buy was given...our targeted range was around the $55-$75 level. Well, we've reached almost the low side of that range super-quickly. Yes, it could head higher but it could also give back a good bit of these recent gains and have to regain them before going higher too.

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