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  • The Long Case for Hanes: Buy What You Wear [View article]
    This morning I closed my Hanes Brands, Inc. (HBI) position at $13.19 for a gain of 24.3% (excluding commissions) in under a week. As much as I would have liked to have ridden out further gains in this stock to perhaps a $15+ range (my estimate of this stock's true current value), taking reasonable gains, when a position appreciates quickly, has proven to be a prudent strategy in today's fast moving and rather unpredictable market environment.
    Dec 18 10:52 am |Rating: +2 0 |Link to Comment
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